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really aren't too terribly far apart and the deal can be done by the august 2nd, tuesday deadline. let's listen to the president, this is when he spoke around 10:30 this morning. let's listen. >> good morning, everybody. i want to speak about the ongoing and increasingly urgent efforts to avoid default and reduce our deficit. right now, the house of representatives is still trying to pass a bill that the majority of republicans and democrats in the senate have already said they won't vote for. it's a plan that would force us to relive this crisis in just a few short months, holding o...

About it anymore? >> reporter: it is not necessarily dead in the water. even though all of these politics are going on, there are discussions that are happening. the vice president has meetings going on with republicans and democrats. they are broad discussions on how to reduce the deficit. they haven't gotten to the entitlement issue yet. they could possibly get to it. you know what? it is actually going to be pretty hard. republicans realize, carol, that they really bungled this message. the democrats so far have not released anything close to what paul ryan has in terms of the details as an...

the source says he has been moved to this luxury townhouse that recently rented for $60,000 per month. new unemployment numbers, 424,000 americans filed for jobless benefits for the first time. an increase in 10,000. in joplin, missouri, the heartbreak builds and the uncertainty grows unbearable. officials will release a list of people still missing from the tornado zone. many families are now entering a fourth day of agonizing questions and exhaustive searches. he still hasn't been found. we have been to every place, missing persons to the morgue and there back to here. we can...

>> anytime joe biden is involved in something, i'm on joe's side. if joe can't get this done with that group, then nobody will get it done. but if you hear a politician of either side get on their hind leg and say we can do this without touching medicare, medica medicaid, solvency of social security or defense, just give a hee haw laugh and get them out of the building. >> and what about republicans who say and we can do it without touching the revenue side? >> let me tell you, if this country and my party is enthrall, that's a great word in lincoln's talk, if they're in the aarp, grover norqu...

Gingrich, tim pawlenty, herman kahne, rick sanatorium and buddy romer took the stage for a forum of the faith and freedom coalition. here are a few of them making the case to hundreds of activists starting to look at 2012 contenders. >> probably matters in economics because balancing the budget is an essentially moral not economic question about whether or not politicians ought to have to follow the same rules as the rest of us. >> if what we're doing to the next generation of america, this entitlement issue, if that's not a moral issue, i don't know what is. >> we have a problem in warnd. we ...