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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...

shows the moment of impact. 76 people were killed in the bombing and shooting rampage on an island near oslo. survivors are describing the terror. >> when the shooter got closer, i was left with only one question. how would i like to die. i mean, let him shoot me or shall i just drown in trying to escape. the violence just won't stop in syria. at least eight more people including an 11-year-old boy were shot and killed by security forces outside damascus today. that is according to a human rights group that is on the ground there. protesters reportedly fought back by throwing rocks...

impact nationwide on an all fragile recovery. >> a default and the ripple effect i think would be impactful and representing our consumers, we think that that would be very, very difficult for the american economy to withstand at this point in time in our history. >> that's here at home. then there are global worries. concerns that a default or even a close call here could rattle international markets and international economies like that domino effect back after the big wall street meltdown a few years ago. >> the united states is the largest economy in the world, one that matters...

getting the mage? we've got new polling that says all of that. and this is important. recent polling may also explain why we haven't got an deal yet. we'll tell you what we're talking about. in any case, americans are speaking out today. >> good morning, speaker boehner's office. how may i help you? >> a summer avalanche of phone calls hitting the capitol. president obama asked for it in his address to the nation last night. here it is. house switchboard today getting nearly double the volume of normal phone calls, house speaker baine er's office reporting as many as 300 people on ho...

blame. the debt crisis, here you go. the deepening stalemate. president obama reaches out to a new player and the game is you. in norway, breivik's father wish his son would have killed himself rather than slaughter dozens of people. bp has a big turnaround. the company raked in more than $22 billion in profits for the quarter! the debt, minute-by-minute, the nation inches closer to the brink of twault. the countdown less than seven full days before the federal government runs out of money and unable to pay its bills. in washington a stark message is delivered between the pre...