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we're just getting the information in. that means that the players vote will happen later today in more of a formal setting. training camp could start as early as wednesday now, we've been told. david mattingly has been following this for us. he has been live out of atlanta every day, at least he was last week when those negotiations were taking place. david, did you just get word that something came forward just moments ago? >> reporter: reading and finding out now is that the nfl players and the owners did come to an agreement in the wee hours of the morning. and, bottom line, they...

and travelers squashed by major airlines. >> but first, to the desperate race against the clock to secure what president obama is calling america's national credit card. the country could face unprecedented default if congress is unable to agree on a deal to raise the nation's debt ceiling. failure to do so could downgrade america's debt rating and could be extremely damaging for global economy purposes. let's get all the angles. we've just learned the president will be addressing the nation later to. kate baldwin is up on capitol hill. first to you. what's the very latest, the think...

a plan b or c. senate, the other from house >> go ahead, please, carl. republicans. but there's a big problem. >> i just think that they're -- neither of those plans may be i think that at this point they able to get through congress and probably have to go through some of these initial votes. the clock is ticking. and that's what i was referring to earlier, that the back cnn congressional correspondent channel communication that kate boulwan joins us now. continues and, you know, where senator mcconnell comes down i think will be important. let's start in the house where whether he ...

expected to roll out a plan to cut spending by $2.7 trillion while raising the debt by 274 trillion. reid's plan would not include tax increases which republicans refuse to consider nor would it touch entitlements. my colleague, dan lothian is watching it all from his post at the white house. dan, what is the president's position first on raising the debt in installments? >> reporter: he want it is to go through 2012 and there is a sense at the white house and treasury department in particular even if you had some sort of short-term fix that raises the debt ceiling through the rest o...

continues today. an online report about michele bachmann suffering from frequent migraines become as headache for her campaign. would that story be written about a man? >> yank uighar quits because he says the network told him to tone it down. he'll be here and he won't be toning it down. this is "reliable sources." he looked well, 80 years old as he sat in the witness chair and hall tingly answered the questions. rupert murdoch says he runs a big company and couldn't be expected to know the details of illegal conduct at one london tabloid or precisely how it was covered up. the ch...