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Postoffice, they'll sell the books. great idea. the other is there's an 840-acre piece of land on new york's long island that's called plumb island, new york. the way they describe t. sandy shoreline. there's one little catch. it used to be an animal disease control center! bill: i think it still is. >> it might need biohazard remediation. bill: in the real estate world, that's not the best option! >> i have a better idea. sell the white house! why don't we sell the capitol? look, here's the bottom line, they're looking for any way to raise money! sell stuff? really? how about cutting spending...

>> i'm christine romans. house speaker john boehner says no way to the president's plan. he has another solution and it's simply says, spend less. >> i'm ali velshi. congressional websites crash. what president obama said that had a number of websites going off-line. details coming up on this "american morning." thanks for being with us. tuesday, july 26th. welcome to "american morning." we all stayed up later than usual last night to get a chance to hear from the president about this debt ceiling showdown as well as from the house speaker. >> and still divided this morning. they a...

put forward by a bipartisan senate group named the gang of six. most liberals don't like the gang of six approach because it would make cuts to social security and medicare. >> we are an anti-gang group. we are -- we're trying to suppress the growth of gangs. we think that it is not healthy for washington. most conservatives complain it doesn't cut spending enough and raises taxes too much. >> the gang of six is a five pages of sort of talking points. it's not an actual plan. >> but the president sees it as a framework for a potential -- potential -- breakthrough and perhaps becaus...

won't support deep cuts without increases in taxes. >> if you are trying to get to 2.4 trillion without any revenue, then you are effectively gutting a whole bunch of domestic spending that is going to be too burdensome and not something that i would support. >> david gergen is the cnn political analyst. there was a time when john boehner and president obama both talked of doing something big to change america's unsustainable economic path. what do you think? do that you think that opportunity is lost? >> well, a week is a long time in politics. it can be a lifetime, as you know. i t...

to be severe. welcome to "your money." i'm ali velshi. august 2nd is the day the treasury department says it will no longer be able to pay all of our nation's bills. and the united states will default on its debt. republicans are going to vote on their own plan this week, complete with spending cuts. but president obama says he won't support deep cuts without increases in taxes. >> if you're trying to get to $2.4 trillion without any revenue, then you are effectively gutting a whole bunch of domestic spending that is going to be too burdensome and is not going to be something that i ...