muster enough votes to pass the vote. danielle knottingham joins us again. >> it was the second day they couldn't find enough votes to take action on their own legislation and now it has everyone here on capitol hill wondering what's going to happen next. house republicans will meet this morning to plot their next move in the debt ceiling showdown. >> we're going to keep working this thing until we find a way to pay the nation's bills and pay listen our means. >> reporter: last night, gop leaders were forced to call off a vote on speaker john boehner's plan. the proposal would raise the debt ceiling for six months and slash more than $900 billion in spending but some tea party members want deeper cuts. >> i simply cannot raise the debt ceiling if we're not going to fundamentally change the way we do business. >> reporter: lawmakers have four days before the government runs out of cash. house minority leader nancy pelosi blamed the gop for the holdup. "republicans have taken us to the brink of economic cha os," she said. "the delay must end now so we can focus on the american people's top priority, creating jobs and growing the economy." republicans are reportedly making changes to the bill and could bring it back up as early as today. even if it makes it to the senate, democrats say it doesn't stand a chance. >> we cannot come back to this in a few short weeks and that's what would happen. >> reporter: investors wait anxiously. the dow jones has been down all week and after last night's delay in the house, asian stocks struggled while the dollar sank against the japanese yen to a four-month low. as early as today, the treasury department could unveil its plan on how the government will pay its bills if congress can't work this whole thing out by the tuesday deadline, betty. >> danielle knottingham in washington, thank you so much. one consequence interest rate will go up and if you have an adjustable rate mortgage it means a higher monthly payment. dean reynolds has that part of the story. >> reporter: juan cruz says congress is messing with his american dream. he's made an offer on his $130,000 home for his young family and hopes to get a 30-year fixed rate mortgage at 4.5%. >> i'm trying to stay within my means. if the percentage rate goes up it affects my outcome. >> rate increases are nearly certain if congress cannot reach a deal on the u.s. default. interest rates could rise two percentage points which would jack up his mortgage payments $163 a month. didn't congress get that? >> i hope they get it. >> reporter: in evanston illinois, landlord john nash is in a more precarious position with an adjustable mortgage on a building he rents out, bracing for a several hundred dollar monthly increase in rent increase. >> the concern is the rates would go up tremendously which would put an added expense on me as a small real estate investor. >> reporter: you extend that concern to an estimated 15 million homeowners with adjustable rate mortgages. the loans are popular and why not? for example a so-called five-year arm in which the rate is fixed for the first five years and adjusts annually thereafter is currently 3.25%, about 1.3% below the 30-year fixed year loan. housing and real estate together are the biggest drag on the u.s. recovery so it's easy to see why so many people worry that default will slow things down even more. dean reynolds, cbs news, chicago. on the "cbs moneywatch" the consequences of a u.s. default on world markets. ashley morrison is here in new york with that. good morning, ashley. >> good morning to you, betty. as danielle reported, anxiety over the u.s. budget talks sent asian stocks down this morning. tokyo's nikkei lost 0.7%, while hong kong's hang seng was down about the same. on wall street yesterday, the dow gave up an early rally to finish 62 points lower while the nasdaq inched up 1 point snapping a four-day losing streak. the global economy is highly dependent on the u.s. economy. the dollar is the reserve currency used by most central banks. the new managing director of the international monetary fund, christine laguarde says if no budget agreement is reached confidence in u.s. currency would plummet. >> it would probably entail a decline relative to other currencies and probably the doubts in the mind of most people who reserve currencies. >> financial executives are also voicing their concern to lawmakers. the government's report on second quarter growth is out today. economists expect the economy grew slightly less in the first three months of the year, making it the slowest back-to-back quarter since the economy began recovering two years ago. betty, ferrari seems to be speeding past any economic bumps. the italian sports car says most of the sold vehicles in the history, in the last six months, sales were strongest in the u.s. and china in september. ferrari will roll out a program that lets customers design their own sports car using exclusive materials, color and trends. that would be pretty cool to do. >> nice gift for someone. hint, hint. thank you, ashley. joining us live here in new york. a 21-year-old army private has been arrested near ft. hood, texas. the muslim-american soldier admits planning a terrorist attack. joel brown reports. >> reporter: u.s. law enforcement sources tell cbs news that 21-year-old army private nasser abdo admits he was seeking retaliation for what he says the army did to him. they say he intended to attack the sprawling army post at ft. hood in texas. >> i'll just say that military personnel were a target of this suspect. >> reporter: in 2009 a shooting rampage at ft. hood left 13 dead and 30 others injured but on wednesday a suspicious clerk at this gun shop near the base may have been the difference in preventing another tragedy. the clerk tipped off police after abdo asked for advice on building explosives. he tried to buy weapons and six canisters of smokeless gun powder. >> the first red flag is when he asked kathy, "what is smokeless powder?" if you don't know what it is, why would you buy six pounds of it? >> reporter: police tracked abdo to this hotel, a search turned up guns, ammunition and potential components for building a bomb. authorities arrested abdo just in time. >> we would probably be here today giving you a different briefing had he not been stopped. >> abdo went awol on the fourth of july. he had been trying to leave the armies aa conscientious objector. the army believes he was acting alone. 11 oil platforms in the gulf of mexico have been closed as a temporary precaution against tropical storm don. the storm is headed for text, about 370 miles mouth southeast of texas. don is expected to make landfall tonight or tomorrow. so far it's only making a whole lot of waves. >> it's supposed to be a non-event but you don't want to wait until it's blowing 40 knots to get your boat ready so best to get it ready now. >> don is not expected to become a hurricane. in dubuque, iowa, flooding from heavy rains forced dozens of people to be evacuated from their homes. more than a foot of rain fell since wednesday. some roads were washed out. the mississippi river is almost at flood stage. just ahead a deadly explosion in a coal mine in the ukraine. plus two americans held in iran are getting ready to go to court. one american county is on the verge of declaring what could be the biggest municipal bankruptcy in history, schools, police, the fire department, all on the line. so what will stop working if the government shuts down? the story tonight on the "cbs evening news." so we made ocean spray cranberry juice cocktail with a splash of lime. it's so refreshing, your taste buds will thank you. mm... oh, you're welcome. what? my taste buds -- they're thanking me. uh-huh. is best absorbed in small continuous amounts. only one calcium supplement does that in one daily dose. new citracal slow release... continuously releases calcium plus d for the efficient absorption my body needs. citracal. a powerful explosion killed at least 16 coal miners in the ukraine earlier today. the blast took place more than a half mile down a mine in eastern ukraine. emergency crews are still looking for nine other miners who had been working in the area and two other miners were injured. in libya the the commander of forces battling moammar gadhafi has been cleared and it's not clear who shot him. adele fatah unins had been summoned for questioning. police have called off searches for victims of the norway massacre. it's feared some may have drowned while trying to escape the shooting rampage by and eee breivik. shayne butters and josh fattal say they accidentally strayed into iran. the 11-year-old missing new hampshire girl, neighbors are still distributing selena cass's picture. >> we are looking at computers. we are looking at phones. we are working with the united states attorney's office in new hampshire. we continue to work with the new hampshire state police, the vermont authorities, fish and game. this is an all-out search for her. >> they also alerted canadian authorities across the border. new jersey governor chris cl christie is back to work today after being rushed to the hospital. and tiger woods says he is ready to return to golf. wrinkles in just one week. its rs why wait if you don't have to. neutrogena®. why wait if you don't have to. ♪ hershey's chocolate syrup. stir up a smile. but also a caring touch. you learn to get a feel for the trouble spots. to know its wants... its needs...its dreams. ♪call 1-800-steemer. to stay healthy. but did you know fiber choice can help support your overall well-being? every tasty tablet has prebiotic fiber from fruits and veggies... that lets your good bacteria thrive and helps support your immune system. fiber choice. an easy way to defend your health everyday. learn more about prebiotics and get a free sample at fiberchoice.com. here's a look at the weather in some cities around the country. new york afternoon thunderstorms, 89 degrees. miami mostly cloudy 90. chicago partly cloudy 86. dallas partly cloudy as well but 100 degrees there and l.a. a sunny 81. time now for a check of the national forecast. the latest satellite picture shows partly cloudy skies in the northeast and clear along the west coast. large thunderstorms are moving through the central plains and great lakes. tropical storm don, that is moving toward the texas coastlines. later today severe storms in the northern plains will take place. some storms in the northeast with temperatures in the 90s and on the west coast, sunny skies, the temperatures in the 80s and 90s. in sports, tiger woods is coming back, after an 11-week break because of injuries to his left leg, woods says he is now feeling fit. he will tee off next week in the firestone international in ohio. hideki irabu beau was found dead of an apparent suicide in his california home. he arrived from japan in 1997. he was upset over a recent split with his wife. the last place kansas city beat first place boston. billy butler smacked a three-run home run to center field to take the lead and kansas city held on to beat the reds, 4-3. in philadelphia carlos beltran made a sliding catch in right field and the fillies' throwing error sailed over ryan howard's head that allowed two runs for the giants in a 4-1 victory. when we return an amazing story of survival for a very lucky pilot. special k protein shakes -- ♪ a truly great-tasting breakfast shake. with 10 grams of protein and 5 grams of fiber, it's the creamy, delicious way to satisfy... your hunger to help you lose weight. ♪ so you can kick the tin can habit. try special k protein shakes today. with new extra-strength bayer advanced aspirin. it has microparticles, enters the bloodstream faster and rushes relief to the site of pain. it's clinically proven to relieve pain twice as fast. new bayer advanced aspirin. it's clinically proven to relieve pain twice as fast. on the "cbs morning news," here's a look at today's weather. tropical storm don is heading straight for the texas coast. hazy, hot and humid in the northeast with some afternoon thunderstorms and another picture perfect day on the west coast. here's another look at this morning's top stories. a vote was postponed in the house on a republican bill to raise the national debt ceiling and cut spending. the gop does not yet have the votes needed to pass it. and u.s. army soldier is caught with weapons and admits plotting to attack ft. hood, texas. 13 people were killed in the 2009 attack on that base. a remarkable survivor story from a new york pilot this morning. he's resting comfortably in michigan after a gruelling ordeal in the icy waters of lake hur huron. randall pinkston has his story. 42-year-old michael trapp has pulled from the lake after treading water for 18 hours with no life jacket. >> i was waving my arms and by the grace of god they slowed down. >> reporter: the pilot was flying his cessna from upstate new york when his engine began sputtering. he went down 29 miles from the michigan store. >> now i got my shoes on, my pants on, the seas are like ten feet. every like eight, ten seconds i'm getting doused by water, dragging me down six or ten feet every wave goes by. >> reporter: he is not a strong swimmer but survived the night with nothing to hold on to. >> i wanted to wrap my arms around my wife and my mom. >> reporter: around 10:00 a.m. and, dean and diana pettaprin saw a drop bobbing in the water. >> we saw his head the timing was perfect. if we would have left five minutes earlier or later probably be a different story. >> they grabbed me and drug me on board like a caveman drags his wife, pulled me right on. >> reporter: trapp says he survived because he wasn't ready to die. randall pinkston, cbs news. the trial of polygamist sect leader warren jeffs is off to a frenzied start largely because the defendant insisted on representing himself and staying silent. jeffs is charged with two counts of sexual assault of a child at a compound south of san angelo, texas. a beagle that glows in the dark may offer a clue to treating and possibly curing some human diseases. south korean scientists say the dog was genetically engineers. the gene can be replaced with genes that trigger fatal human diseases. in turn they can study how to cure the disease in the dog. all it took was a few seconds for a car crash to cost $1 million. five cars collided in monte carlo, a bentley, mercedes, a ferrari, a porsche and an astin martin. nobody was hurt, damage was minor but expensive nonetheless. i'm betty nguyen. this is the "cbs morning news." ooo whatcha got there? uh oh, sesame stir fry from lucky dynasty. oh, me too! but mine's lean cuisine, so no preservatives. [ female announcer ] lean cuisine has 90 dishes with no preservatives and quality ingredients like farm-picked broccoli and tender white meat chicken. lean cuisine. -why? -why? -why? [ female announcer ] we all age differently. roc® multi-correxion 4 zone moisturizer with roc®retinol and antioxidants. lines, wrinkles, and sun damage will fade. roc multi-correxion. correct what ages you. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impossible to say. well, good morning and welcome to "loud mouths," today -- 9news now, today is friday. >> and i'm jessica doyle. andrea has the day off. we begin with howard bernstein and a really hot forecast for this friday morning. >> yes, are we crumbling tour sprinting to the finish line mike? >> we are out of here. >> record highs today, records are 99 at national and bwi and 99 at dulles and we'll likely make it into the lower 100s. last friday we had the heat index values around 120 and this is only going to be a one day affair of triple digit heat. back in the low to mid- 90s for the weekend. here's a look at the day planner, code orange air quality today and 92 by noon at least. 99 around 5:00. a high today of around 102. we've actually upped that. today lower 100s. overnight and late last night. had a couple of showers actually make it into northern maryland here but now other than the stuff on the north end of the bay north of baltimore even headed to northern delaware, there's nothing coming to us as the ridge is building in and that means a very hot afternoon. from 11:00 a.m. to 9:00 p.m. a heat advisory is in effect. it's not going to be as bad as it was last week, but still kind of sticky outside with a temperature right now of 82 at national. 70 in martinsburg, 72 culpeper, some 60s far west. but southern maryland you're on the upper 70s and fredericksburg is 77 even on the bay annapolis 81 and look at these forecast highs. maybe just maybe right along the bay you will stay in the upper 90s but we're looking 102 here in town, cull pickupper 103 and winchester 100 and even in baltimore, a record-breaking 100 this afternoon. angie's got the day off. but chris snee is watching the day for us. >> we're going to start off with the yellow light in virginia. 9 r5 northbound near -- 95 northbound near route 1. stay to the left throughout the venture. once you get past it the lanes open up towards springfield. we have an accident on the inner loop at braddock road taking away the left lane. stay aafrom that. westbound between wilson boulevard and lee highway. over to maryland, inner loop we have construction there. between university and new hampshire and then again from pennsylvania avenue to allentown road. and finally finishing up with the maps, 95 southbound we got construction 198 down towards powder mill. i'm going to have on update for you 95 accident at 4:39. mike and jessica? over to you. residents along a texas coast are now keeping an eye on tropical storm don. >> the system is expected to make landfall late tonight orallerly tomorrow and actually -- or early tomorrow and actually bring drought relief to the area. authorities have managed to foil another terror attack on fort hood thanks to a tip from a gun store clerk. police tracked down and arrested naser abdo near the texas base on thursday. the 21-year-old had a large stash of ammunition and weapons in a room and admitted the wanting to attack soldiers. fort hood is the same post where 13 people died a few years ago. police say it doesn't look like anders breivik had any followers. breivik set off a car bomb. a judge is promising to dig deeper into the phone hacking scandal in london. not just rupert murdoch's companies. police are also tracking allegations of bribery at scotland yard. mere we duo. the -- here we go.