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somewhere chairman mao is smiling. president obama went on record of his account of how last night's turbulent meeting ended. you'll recall house majority leader eric cantor said the president sharply warned him not to call his bluff said "i'll see you tomorrow" and walked out of the cabinet room. >> no. look. at the end of the meeting after we'd already met for a couple of hours, what i said to the group was what i think the american people feel, which is we have a responsibility to do the right thing. we shouldn't be overly partisan. we shouldn't be posturing. we should solve probl...

no agreement. nor is there an agreement on a house republican push for a much smaller plan made up of spending cuts alone. if all else fails, we may end up with an idea floated by the top senate republican, mitch mcconnell. we laid it out for you. three separate votes between now and the next elections to raise the nation's debt by $2.5 trillion, and there would be $1 trillion in spending cuts and a special congressional panel to shore up entitlements, and the up side supposedly for republicans is keeping the issue alive for another year and blaming the president, who, by the way, is...

internet analysts are warning that the bad guys are winning. i'm wolf blitzer. you're in "the situation room." supporters and rivals always knew this day would come, when he kicked off his second presidential campaign. after all, he's pretty much been running since he lost back in 2008. today romney declared that he's ready to take on president obama. >> when barack obama came to office, we wished him well and hoped for the best. now in the third year of his fourth year term or his four-year term, we have more than slogans and promises to judge him by. barack obama has failed america...

filming this right now. seriously, the ceiling, look. oh, my god. oh, my god. >> these guys made it out alive but four people were killed. we will show you just how bad the damage was. shelling heard from a roof top. street fighting breaks out in the airport in yemen's capital. flights canceled and there is new concerns of a coming civil war. google says hundreds of personal g mail accounts have been hacked. they blame a giant fishing operation based in china. the sputtering u.s. economy and the creeping fear that things are only going to get worse, that grim outlook sent wall ...

to see former massachusetts ♪ governor mitt romney formally that's why right here, in australia, announcing he's a candidate for chevron is building the republican presidential one of the biggest natural gas projects in the world. nomination. staffers say romney will enough power for a city the size of singapore for 50 years. telecrowd at a new hampshire what's it going to do to the planet? natural gas is the cleanest conventional fuel there is. farm. we've got to be smart about this. and he'll talk about how barack it's a smart way to go. obama failed america. ♪ new york congr...