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They believe they could look to central falls as a warning. >> this could be microcosm of what other cities across america are looking at if they don't get the house in order. >> flappedders plans to pull central falls out of red by the end of the year and live up to the motto, a city with a bright future in central falls, rhode island, molly line, fox news. >> bret: the federal emergency management agency will not force alabama schools to tear down perfectly good tornado shelters. fema constructed shelters after last spring deadly tornadoes. but as we told you on "special report," federal reg...

can pass it in the next day or two and avert the first default on our national debt in history. >> i am worried about the size of defense cuts that may be contemplated, but that doesn't mean i'm therefore rejecting the agreement. i'm just worried. >> this is a head scratcher. stocks take a tumble after the debt relief rally that happened earlier this morning. the dow surged more than 120 points, but a weak manufacturing report, just sanction the market. stocks posting the worst weekly performance in more than a year in a debt stalemate last week. the dow is at 12:07. down 70 points. ...

hacking scandal. david cameron minutes away from a show down. two major proposals in the trillion dollar showdown over the nations debt. the first is called a possible break through. the second plan is under attack by democrats. all this next on "american morning". thanks for being with us, it's wednesday, july 20th, this "american morning". i'm kiran chetry. >> i'm ali velshi. do we have a lot going on today. british prime minister david cameron is about to get grilled by parliament. the newscorp phone hacking hearing begins in 30 minutes. cameron is expected to face tough quest...

Trace. >> reporter: and, jon, super size might be an understatement. they call this the 8th wonder of the world. you can see the buildings, that is downtown new orleans. and then from there you come down here, this is the intra coastal water way. i'll swing you over here, this is lake born. that goes out into the gulf of mexico, and this is where during katrina the most dangerous storm surge came through with 18 feet. we all know the rest, it pushed through into the canals and busted those levees. so this really is kind of the first line of defense. you can see it's about 12 feet wide. it's 26...

And about what's happening in the gulf? here's what you need to know -- florida has 825 miles of beaches... 1,260 miles of coastline. there are plenty of places in florida where you can enjoy crystal clear waters and a great beach vacation. see for yourself in real-time at florida live... webcams, daily video, beach updates and real photos to help you find your own florida beach. get the facts. go to florida live at visitflorida.com.