Page 20 - Debt Limits News Today : Breaking News, Live Updates & Top Stories | Vimarsana

split, 6-6 along party lines. they'll have until thanksgiving to come up with a package of cuts and/or taxes to get the $1.5 trillion. now, congress would then vote up or down on the entire chunk. they have to vote. but remember, the supercommittee was set up to do what congress and the white house failed to do. keeping them honest tonight, it's not like this is the first time politicians have decided to set up a committee to do what they themselves have failed to do. in targets we have all been to this rodeo before. >> this commission has given us a warning for the future. but you h...

leaders each get to name three members. meaning the panel will be evenly split, 6-6 along party lines. they'll have until thanksgiving to come up with a package of cuts and/or taxes to get the $1.5 trillion. now, congress would then vote up or down on the entire chunk. they have to vote. but remember, the supercommittee was set up to do what congress and the white house failed to do. keeping them honest tonight, it's not like this is the first time politicians have decided to set up a committee to do what they themselves have failed to do. in targets we have all been to this rodeo be...

washington doesn't reach a deal. so let's go there now. our congressional correspondent kate bolduan standing by as she has for so many hour. i hear nancy pelosi, democrats' leader in the house also weighing in? >> reporter: she. behind closed doors for most of the day meeting with democratic leadership and came out a short time ago and, of course, was asked the question on everyone's mind. do you have a deal? have you signed on to a deal? while she wouldn't endorse a deal, she wouldn't shoot one down. she said she needs to speak with her democratic members in the house first. listen...

already for so many people. so it's unbelievable. we just don't know. we're at a point where there is a lot of concern because it is so uncertain. and people are following it, they're talking about it. >> and they'll be doing that for the next two hours. hope fly we'll have something by the beginning of next week. live from studio 7, want to get you up to speed for this friday, july 29th. we're will thalmost out of time. those words from president obama. the deadline for raising the country's debt limit now just four days away. and congress and the white house still gridlocked over...

hour. the details just coming in. an awol muslim american soldier now in custody in texas found with what the fbi is now saying is a large amount of bomb-making material near ft. hood. barbara starr is all over the story and will join nus a few minutes. first, debt debate but no deal. it all comes down to numbers. i don't mean 13-digit numbers with dollar signs in front of them. i mean this number. take a look here. five days until the treasury says it will run out of borrowed money. five hours, give or take, until the house votes on the so-called boehner plan, and it needs 217 votes...