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the president said he wanted a deal by friday, so lawmakers met with him at the white house day after day after day. they took a break on friday, and the president pushed again. >> if washington operates as usual, and can't get anything done, let's at least avert armageddon. >> joining me now, white house budget director, mr. lou. thank you for being here. >> thank you, candy. >> we are told by sources since the white house meeting on thursday and this morning, there has been no progress. do you concur? >> a lot has been going on since the white house on thursday night. >> there has ...

thank you for being with us today. let's start with the story that seems to have come to some kind of an end. this is casey anthony leaving jail 12 days after being found not guilty of killing her 2-year-old daughter. she walked out the front door, which was a surprise to many. anthony was found guilty of lying to police, and that got her a four--year-sentence, and you factor in time served and good behavior, and she's out. this comes three years and a day after she was first arrested on the disappearance of her daughter. david mattingly joins us. this was a surprise to many that she...

Common denominator. we can't get to where we need to unless we try. cut 111 billion and that is doable and cap the amount of spending as a percentage of growth domestec product and offer a balanced budget amendment to the state. if we can do that and say lookk, mr. president, you are no longer going to spend money we don't have, that we are going to move forward a balanced budget amendment over the course of time. we'll take the shared sacrifice and no one in the republican side of the aisle want to raise the debt ceiling. we have to solve the underlying problem which is the fact that we are s...

no agreement. nor is there an agreement on a house republican push for a much smaller plan made up of spending cuts alone. if all else fails, we may end up with an idea floated by the top senate republican, mitch mcconnell. we laid it out for you. three separate votes between now and the next elections to raise the nation's debt by $2.5 trillion, and there would be $1 trillion in spending cuts and a special congressional panel to shore up entitlements, and the up side supposedly for republicans is keeping the issue alive for another year and blaming the president, who, by the way, is...

the deficit and raise the debt ceiling. meanwhi meanwhile, the specter of default comes ever closer. frankly, it's the tone of these debates that has a lot of people scared and this is a guy who's scaring a lot of folks tonight. congressman joe walsh, republican from illinois, a freshman backed by the tea party. he's been known to say blunt things when criticizing president obama. these comments might just take the cake. i want to show you a video congressman walsh shot and posted to his website yesterday. >> president obama, quit lying. you know darn well if august 2nd comes and goe...