Live Breaking News & Updates on Facing Japan On Sunday

Stay updated with breaking news from Facing japan on sunday. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Transcripts For CNNW AM Wake Up Call 20110714



good morning. it is thursday, july 14th. this is your a.m. wakeup call. here s break is news. we just learned that british police have made an arrest in that scandalous phone hacking case that brought down that is bringing down parts of rupert murdoch s news empire. i ll get you more on that in just a moment. i wish i could say there s big news about the debt ceiling talks. i can t tell you that. there s more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn t go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don t call my bluff, eric. and then he walked out a few minutes later. president obama said all along he d veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to t ....

Eric Cantor , Quote , Call My Bluff , Don T , White House , Didn T Go , House Republicans , Debt Ceiling , President Obama , United States , Debt Ceiling Issue , 14 3 Trillion , 4 3 Trillion , August 2nd , Bond Rating , Moody S Investor Services , Debt Rating Agency , San Diego , Realty Track , Standard Poors , Big Fat Asterisk , Rush Hour , Authorities Haven T , Terror Group , Ben Wedeman , Moammar Gadhafi ,