Page 39 - August 2 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

trillion in cuts over ten years, raises the debt ceiling about about the same amount, sets up a bipartisan committee to find other ways to trim another trillion and change from the deficit. think of it as a deficit posse. it calls for both chamber of commerce eventually to pass a balanced budget amendment to the constitution. they don't actually have to pass it, they just have to vote on it. and the president and house speaker admit that the plan is not perfect, but hey, there's a deadline tomorrow. here's what the president said, then you'll hear from a freshman republican who, by t...

but "cnn newsroom" continues right now with brooke baldwin. >> speak of washington, we have a busy two hours ahead. randi, thank you very much. hello, everyone. are you ready for this? the debt deal is done, right? not exactly. we still need to see votes happening both in the senate and the house. on the house side, it looks like some democrats could be holding things up. we'll speak with one of them. we expect to hear from speaker of the house, john boehner this hour. we'll carry that live for you. so stay tuned for that as well. let's begin here. as the clock continues to tick, n...

meeting between the president and his top party leaders in congress? >> reporter: as far as we know, the president is meeting right now with senate majority leader harry reid and with leader pelosi from the house, the leader of the minority in the house. and we don't have details on this yet, it's a closed press meeting, meaning we didn't even get our pool cameras inside to get a glimpse of this, but we know from a white house official that they are meeting here at the white house and we're hoping to get at least a notification when that all wraps up. white house officials saying thi...

>> could i just add? could i just add? i think we all know that if the president decides to reach an agreement with us, the democrats most of them will fall in line. he is the leader of the democratic party, he is the president of the united states. he needs to indicate what he will sign and we are in those discussions now. >> reporter: something by monday, is that a firm deadline including the markets? >> i'm not going to put it to any deadlines, but it should be clear to you that senator mcconnell and i believe we're going to be able to come to some agreement to end this crisis as ...

Boehner bill can be brought to the house floor for a vote tomorrow. it's call td same-day procedure, they're going to make it possible for john boehner to tweak this bill once more. it's been tweaked a little bit before and bring it to the house floor tomorrow. at 10:00 a.m. tomorrow eastern time, house republicans will meet in the capitol basement and there, speaker boehner will face a job of selling the retweaked bill to his conference. greta. >> greta: how do we get here? those who might just be tuning in, what happened? >> well, our boroughing authority is set to expire on august 2, our $1...