CNNW CNN Saturday Morning July 30, 2011
what could be the largest municipal bankruptcy in u.s. history. good morning to you all. thank you for spending part of your weekend with us. i'm t.j. holmes. we do need to start with a debate that was supposed to be over already. we are less than three days from a possible u.s. default. this clock is still ticking and a deal is not done. we are expecting a lot of action on capitol hill today. both houses in session, but whether there's going to be any real progress, that's anybody's guess. this is what we've got going on today. the house starts debate at noon with the likely vote ...