Page 6 - Cut Cap News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Structuring versus taxes and austerity as it may be the only solution that could not only save america but the world from long-term financial ruin. but it's a debate neither president obama nor republican leadership wants to touch. before we step away, though, for senator coburn, let's look at what the rest of the lawmakers are doing, calling it the congressional two-step. all about political posturing, and getting your members on the record the right way on a bill that will never pass so that you can say you voted the right way before you kick the deficit down the road and go home for reces...

grilled and lambasteds by british law makers and now a whistleblower in the growing phone hackl scandal reportedly is dead. and a 77-year-old man defends his home and family from an intruder with a gun. stand by for the dramatic story. that's even more compelling because -- get this -- he's a member of the united states congress. i'm wolf blitzer. you're in "the situation room." the u.s. defaulting on its debt for the first time in history? we can't state it enough, this has enormous consequences for all of us, and time is quickly running out to prevent what the president calls arm...

murdoch's protege rebekah brooks to show up tomorrow to answer questions. despite her arrest over the weekend, her spokesman says she will be there. she's denying she knew her reporters hacked phones for scoops while she was the newspaper's editor. rupert murdoch, chairman of news corp, and his son james are expected to testify alongside brooks tomorrow. they will appear before parliament's media committee. a heatwave hitting the middle of u.s. extremely high humidity makes it feel as hot as 117 degrees in some places. that heat is creeping east. >> brutal. i probably lost 10 pound...

government goes about raising debt ceilings. senate leaders from both parties are hammering that out. the kick the can deal, a short-term deal that would raise the debt ceiling for a few weeks or months. the president has said he doesn't like that idea. coming up next the just get to 2012 deal, a compromise that would give the government spending power to get through the president elections. fourth, the grand compromise, the one the president is pushing for, the long-term deal that could take a big bite out of the deficit. two big head lines, the casualties keep coming and the scop...

>> hosni mubarak's health is an issue here in egypt. keep in mind when we heard earlier today is that the lawyer for hosni mubarak said he was in a, quote, deep coma, he fell into that coma midday local time and that the lawyer was on the way to the hospital and didn't know whether or not hosni mubarak would ever regain consciousness. now, the hospital for itds part as you said, said, yes, he did lose consciousness. he fainted for a while earlier today. but regained consciousness quite shortly after that. they're also telling us that apparently it's not uncommon for mubarak to faint ...