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Transcripts For CNNW Erin Burnett OutFront 20120515



outfront tonight, crisis in america. just take a look at this video. sums it all up. you at home watching, me, all of us are hurdling fullboard a cliff that could be our doom. this is the so-called fiscal cliff. $15 trillion in debt climbing every day. $2.8 trillion in tax cuts scheduled to expire this year. another debt ceiling drama looming. if we hit this cliff, we ll die. tonight i spent the day hearing the conversation at the fiscal summit from the key players, a bipartisan group including president bill clinton, treasury secretary timothy geithner, house budget committee chair paul ryan, house speaker john boehner, al will nan simpson, a i heard from awful them is a bipartisan call for action and alarm. the next into years could be the most consequential two years we see in washington and have seen in the last 50 or 60 years. and interest rates will go up so fast you won t be able to catch your breath. how much? how much are they going snup some wall street ....

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Transcripts For CNNW The Situation Room With Wolf Blitzer 20111125



immigration. we ll show you the old clip making new headlines. wolf blitzer is off. i m joe johns. you re in the situation room. we begin with breaking news. american students caught up in the bloody cairo protest are finally on their way out of a nightmare experience in egypt. let s go straight to cnn s senior international correspondent, ben wedeman in cairo. earlier today we heard the three american students would be released on saturday. now we re hearing it s already happened. why? what we understand is that yesterday the prosecutors ordered their release but it took for today to get released. they have been released and they are on their way to the airport. they were attending the american university in cairo and according to the egyptian police, they were involved in attacks on security forces during the demonstrations. of course, their lawyers and their parents deny that they could have done that sort of thing and clearly the fact that the egyptians who sh ....

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