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Citigroup including taking a bonus one day before a $301 billion bailout. >> thank you patti ann. stories you can bank on this morning. a stern warning from fitch credit rating agency about america's growing debt. lauren simonetti joins us with all of the details. wish i could start on a positive note it effects all americans it effects the interest rates, right? >> interest rates and the country's borrowing limits. they are warning automatic spending cuts that take effect tomorrow would not trigger a u.s. trade downgrade but a failure to raids a country's debt limit as you can see keeps growi...

Harry reid said he would bring it up and intends to pass it it watch. >> but to spare the middle class another knockdown, drag out fight we're going to proceed to work on this legislation and get it out of here as quickly as we can. >> i also want to give credit where credit is due. and i thank speaker boehner for his leadership in diffusing a fight over the debt ceiling debate. >> 86 house democrats went along with boehner in the bill. 33 republicans opposed it as insufficiently conservative, shep? >> shepard: this doesn't stop the fight though, carl. it just puts it off for a while, right? >...

This is a real situation. >> it is a real threat? >> you know, i think that it certainly not a threat that is priced into the market today. >> so the market is pricing it in but this is a bluff? >> i think the market thinks it's a silly conversation in washington. >> i'm not talking about the coin. i'm talking about the republican -- i'm saying it's in response to the idea that republicans would take us through a partial default. >> let me be an apologist for the congressional majority here. >> fire away. >> i think the markets, governments around the globe would like to see the united states ...

That as a country running such massive deficits but the state of kentucky can not run, you know, $1 trillion deficit. they can borrow money but there are limits to that. same with illinois. same with california. they are up against borrowing limits so their governors will have to make decisions so you always get a little bit better or more acute decisions at the state level than the federal level because we can put it off by printing more money to pay for our debt. >>neil: if i can look ahead to the republican convention, your father has, i guess, suspended the campaign but not stopped it and ...

treatment for responders who got sick after 9/11. last night at a town hall in new york, from us at a tiustrated cs sounded off about what happened to them after the dust settled. >> i want to show you something. sometimes i have to eat through this tube because the muscles in my neck don't work to swallow. i breathe and talk through this tube. and i'm the lucky one. >> a public appearance today by the hotel maid who accuses dominique strauss-kahn of sexual assault. ded dialnafissatou diallo will visi christian center for thank her her supporters. prosecutors are trying to decide whe...