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CNNW CNN Newsroom July 26, 2011



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 president and the speaker of the house. their parties are desperately divided and you and i are about to pay the price. we are covering all of the angles from wall street to the white house. ali velshi getting really creative and looking at the cost americans could face even before time officially runs out. of course, dan lothian with the politics and the posturing. ali, let s start with you. t ....

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Detailed text transcripts for TV channel - CNN - 20101206:23:42:00

Those making more than $250,000 a year. the president says he hates that part of it, but under the circumstances, he had no choice. he didn t have the political power to push back. the republicans were holding firm. they wanted to continue the tax rates for everyone. they would have voted against continuing the tax rates only for those making less than $250,000 a year. let s assess what s going on. we have members of the best political team on television standing by. i want to go to dan lothian first. i know you ve had briefings on this, dan. is it a done deal now? do they are they 100% convinced they have the votes in the house and the senate to get this through? well, no one is saying that it s a done deal yet. they are optimistic that they have the votes to get this through. wolf, i think what you heard tonight from the president is making a case to justify why he and others were willing to compromise on deeply-held positions. the president believing that this is the right time ....

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Detailed text transcripts for TV channel - CNN - 20100225:22:23:00

Analysis coverage in the situation room over the next several hours. as we try to digest what happened on this important day. this is a rather historic moment here in this debate that s been going on now important 13 months since the president took office on health care reform and it is clearly a decisive moment. the president has basically given everyone the democrats and republican as month or six weeks to see if there could be some common ground and if that it is clear that he will try to go ahead with a democratic version alone. if that fails and goes forward, it will be up to the electorate in november to decide who was right and who was wrong. we have all of our analysts who are here. best political team on television. all of our reporters. dan lothian is at the white house. dana bash is on capitol hill. let me go to dan lothian first. the president will walk back from blair house across pennsylvania avenue, back to the white house. he did make some concessions to these repub ....

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Detailed text transcripts for TV channel - CNN - 20100201:22:03:00

Proposing excludes the pentagon, excludes the military. there are some budget cuts, though, in the pentagon, though, right? reporter: that s right, the c-17 aircraft, which congress had been funding even though the department of defense had more than 2 years ago said they no longer needed it. they had their order, they didn t need it, it kept being funded because obviously tiffs critical to jobs and these constituents, so today what the president is proposing is that cutting off funding for this c-17, saying it s not needed, they don t want it, and this could save about $3.5 billion. it underscores, though, the problem that any president has, president can make a proposed budget recommendation, but in the end it s congress that makes the final decisions, they can do what they want. dan, thanks very much. let s go over to dana bash, our senior congressional correspondent. you re there in a room where ....

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Detailed text transcripts for TV channel - CNN - 20100201:22:02:00

Three-year spending freeze on a range of domestic programs other than national security and entitlements like social security and medicare. our senior congressional correspondent dana bash has been talk to go lawmakers of the budget. she s standing by, but let s go to our white house correspondent dan lothian first. the president is proposing some cuts, but certainly not enough by far to bring down the deficit in the short term. reporter: that s right, it really isn t, wolf. you heard from the president today acknowledging much more needs to be done in order to impact the deficit. that s why he s pushing this bipartisan fiscal commission, a panel made up of republicans and democrats to sit down and find over the midterm and long range ways to further reduce the deficit. one question that came up is why is this even necessary? shouldn t the president and democrats who are in the majority be able to make thinks tough choices, but robert gibbs saying today, wolf, it takes more than just ....

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