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CNNW The Situation Room With Wolf Blitzer August 1, 2011



i ll ask about red hot democrats. stay here and hear how it plays out. i m wolf blitzer here in the situation room. we ve been expecting the house to vote on raising the debt limit. but it has not happened yet. the debt deadline is looming larger than ever. the deal would raise the debt limit $900 billion in the short term and green light spending cuts of roughly the same amount over ten years. offset dollar for dollar by more spending cuts. there s a lot of huge ifs involved in making all of that happen. let s go to capitol hill. kate baldwin is standing by. what are we toll about when it will take place? of. the timing is very fluid, wolf. the question is, will this compromise bill pass the house? speaker john boehner in a press conference wouldn t answer the question when i asked him if he had enough votes. but the paul ryan seemed pretty confident this afternoon. listen to him. some have various concerns, whether it s going to prevail. i think we have a majo ....

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CNNW The Situation Room With Wolf Blitzer July 28, 2011



you re looking at live pictures right now in the house floor, where just moments from now a vote is scheduled on republican house speaker john boehner s plan to avoid unprecedented default. but the bill which needs 216 votes to pass is facing fierce new backlash inside the party. if it does pass, it immediately goes to the senate for a vote where harry reid essentially says it s dead on arrival. meanwhile, ceos at the biggest banks have their own warnings. fix this now or there will be grave, in their words, consequences for all of us. kate bolduan is standing by live on capitol hill with the latest. that vote getting ready pretty soon, right? reporter: pretty soon. house republican leaders have been working hard all day loin to secure the votes they need to pass. house speaker john boehner s debt ceiling bill. a a sign of how close this vote might actually be. boehner has been holding one-on-one meetings in this lobbying effort, trying to at the very same time, dem ....

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CNNW The Situation Room With Wolf Blitzer July 25, 2011



and travelers squashed by major airlines. but first, to the desperate race against the clock to secure what president obama is calling america s national credit card. the country could face unprecedented default if congress is unable to agree on a deal to raise the nation s debt ceiling. failure to do so could downgrade america s debt rating and could be extremely damaging for global economy purposes. let s get all the angles. we ve just learned the president will be addressing the nation later to. kate baldwin is up on capitol hill. first to you. what s the very latest, the thinking behind the president s decision to address the nation and the world tonight? wolf, the thought was that the president like lly today ha to come out put and exclamation point on a very busy day. fruns and senate democrats, laying out their plans. already today, we saw a statement from the white house press secretary jay carney, endorsing senate majority leader reid s plan. and i ll save ....

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CNNW The Situation Room With Wolf Blitzer July 21, 2011



you isle ask the former pakistani president musharraf in he knew osama bin laden was hiding in his homeland and if he knows terrorists may be holed up in pakistan right now. i m wolf blitzer, you re in the situation room. first, a powerful reminder today, if they don t reach an agreement in the next 11 days, all hell could brea look. standard & poor s is warning the nation could be shoved back into recession very soon after the august 2i deadline passes with the clock ticking and stakes rising, our own jessica yellin learned that leaders plan to meet this hour at the white house. we re learning a good deal more about where the talks stand. kate bolduan has the latest. what do you know? both sides, all sides are cautioning and stressing that there is no deal. we are learning that president obama and house speaker john boehner are making a fresh drive to strive for one maybe last effort on this some of the ideas could include $3 trillion in debt reduction. that could ....

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CNNW The Situation Room With Wolf Blitzer July 13, 2011



investigation of rupert murdoch s media empire as the company pays a new price for its phone hacking scandal. could a massive probe now under way in britain happen here in the united states? and the obama money-maybing machine. who s behind the cash and can the republicans compete? president obama and the congressional leadership are under enormous pressure right now, about 40 minutes into their latest round of debt crisis talks. they haveless than three weeks until the deadline to raise the legal limit on the federal debt. and by all accounts, they re still very far apart. what if anything emerges from this meeting? consider the very dire warnings from the chairman of the federal reserve. ben bernanke using very strong words today, telling congress that the global financial system would be thrown into enormous disarray. that s a direct quote, if the u.s. treasury is deadbeat on its debt. ff we went so far as to default on the debt, it would be a major crisis. the t ....

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