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averted. and the people's republic of china, red china, urging washington to raise the debt ceiling. somewhere chairman mao is smiling. president obama went on record with his account of how last night's turbulent meeting ended. you'll recall house majority leader cantor said the president told him not to call his bluff, said "i'll see you tomorrow" and walked out of the cabinet room. >> look, at the end of the meeting after we'd already met for a couple of hours, what i said to the group was what i think the american people feel, which is we have a responsibility to do the right thi...

out. >> now, despite all that, i'm told by my sources there's not a lot of optimism, that this particular negotiating process here at the white house is going to actually end up leading to the real deal, and a lot of effort and attention is now turning to a different process that's happening in the u.s. senate and another alternate deal that's being worked out between the two senate leaders that could instead end up raising the debt ceiling. >> an optimistic late night view from jessica yellin. today president obama will update the nation with a press conference at 11:00 a.m. eastern...

welcome, everybody. it is friday, july 15th. i'm soledad o'brien. you are watching snoonk kiran is off, christine is off, welcome soledad. good to see you. >> thank you. we have a lot to do today. let's get right to it. serious new pressure on rupert murdock and his global media empire. the justice department says it's now investigating the claims that one of its tabloids tried to hack 9/11 victims' phones. a report in another british tabloid, "the mirror" quoting a source who says "news of the world," the newspaper which folded under the pressure of the hacking scandal, hired an inv...

bridge collapses. sending a tourist bus plunging into the forest below and the death toll could get higher. clock is ticking and tensions are soaring and if you want an idea how things heat are over the debt crisis, listen to this. president obama storms out of yesterday's meeting vowing he will veto any extension of the debt ceiling that is only short term. reports say he said to aeric cantor, quote, many could bring down my presidency. the august 2nd deadline is looming and pessimism is growing. a major rating agency says it will review the nation' sterling bond rating for a po...

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