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good evening everyone. breaking news, president obama's primetime call for a deal to end the debt crisis and house speaker john boehner's response. the speech is coming with two competing proposals on the table. one from senate democrats and the other from house republicans, neither of which is looking very likely to pass. meantime, seven days until the government runs out of money and rating agencies are threatening to downgrade the nation's credit even if a deal is reached. even if a deal is reached they may downgrade the credit. it's triple-a, that's nearly as good as cash or gold...

he cited statistics appealing to bipartisanship and invoked the words of ronald reagan and also acknowledged how sharply divided washington is while trying to channel a bipartisan frustration among americans for what goes on in washington. take a look. >> i realize that a lot of the new members of congress and i don't see eye to eye on many issues. but we were each elected by some of the same americans for some of the same reasons. yes, many want government to start living within its means, and many are fed up with a system in which the debt seems stacked against middle class america...

>> absolutely. i think we can safely say gone are the days we can go to college and study latin for the fun of it. we need to come out and still be able to pay our bills and student loans and things like that. >> this is a professor at the university of steinhart. you tell us college would not be a big deal if we were getting more for our money. >> that's right. i think one of the big problems facing american families is the fact that college tuition is going up quite a bit, almost every year at many colleges and universities, and it does raise the question of accessibility and what ...