Page 40 - August 2 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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...

marketsite. "american morning" starts right now. >> no vote on the debt plan again. i'm christine romans. as the u.s. economy lurches closer to a financial crisis, the political crisis continues. house speaker john boehner calls off a vote, unable to convince hardline conservatives in his party to sign on to his plan. >> i'm kiran chetry. more than 90% of texas is now in extreme drought. the state could sure use a lot of rain and now tropical storm don is expected to make landfall along the southern coast today. >> and it's happened again, a muslim-american soldier in police custody ...

good morning. great to see you this morning. thursday, july 28. this is "american morning." advice teen out. we know yesterday a little stuffy. >> she sounded. >> it she is getting better hopefully at home today. a lot going on. >> imagine what our lead story is now? it's the debt. the republicans are scrambling to line up house votes to stave off a potential first ever default of u.s. debt. the deadline, you know, this, august 2 now less than five days away. the house is expected to vote on speaker bane are's plan sometime today and it comes after the house speaker laid into the rep...

spending cuts in ten years. reid would hike the debt by $2.7 trillion now and mandate an equal amount of cuts. but the congressional budget office says the boehner plan would trim spending by $850 billion, and the reid plan by $2.2 trillion. boehner went back to the board and postponed the vote that was supposed to happen today. reid's plan can't pass the house, and not only is boehner's plan doomed in the senate, a great many house republicans don't like it either. so what happens now? well, time marches on. a never-before-seen default on u.s. debt and obligations could be just six ...

country's coveted aaa credit rating could be compromised. the unpresence dented consequences for all of us. and why some lawmakers argue the looming august 2 deadline isn't the armageddon the president says it is. i'm wolf blitzer. you're in "the situation room." we're only five days away from what could lead to unprecedented default in the united states if the political sparring between our elected officials here in washington doesn't stop. and we can't emphasize enough how devastating the repercussions could be, not only here, but indeed around the world. interest rates could go up...