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bare bones bargain. if not, payments to critters, bill payments, you name it, there is not enough income to cover all that. every month we come up $125 billion short. if we cannot borrow to bridge the cap, 40% of the monthly obligations could not be paid, and that could include social security checks due to go out on august 3rd. the stakes we just laid out are monumental, so both sides have to give ground and risk their jobs for the good of the country. what is so hard about that, right? joining me with their insights on conflict resolution are cnn contributor, pete dominic, and fami...

correspondent. here we are unveiling the cover as we do every week of the "national journal." let's talk about these negotiations. we've got he said/he said, basically. you have two sides accusing each other of storming out. it clearly got a little bit testy. >> it got testy -- >> we're told cantor interrupted the president several times. >> eric cantor was persistent, i'm sure. eric cantor believes earlier this week when the president invited him to bring to the group what he interpreted the biden talks produced as far as medicare cuts and he did so, the next morning he was attacked...

it's the first major attack in mumbai since 2008, m me than 160 people were killed in 60 hours of terror. blamed on militants based in pakistan. these latest bombs have been describe as relatively crude and possibly the work of local militants. whoever's behind them, they've shown that india's largest city is still vulnerable. caroline hawley, bbc news. the president and congressional negotiators return to the debt negotiations table today after yesterday's meeting ended in confrontation. those in the meeting said that president obama announced enough is enough, we have to be willi...

there are some rumors these talks might head to camp david. folks on the hill haven't seen any invitations yet and white house officials tell me there are no plans to move the talks as of right now so we'll have to monitor that. again very heated going into today's talks. thomas? >> kristen quickly what can you tell us about the warning coming from moody's about the country's credit rating and what may happen? >> right, thomas us what officials say this underscores the point they've been making all along essentially they have to get a deal done to raise the debt ceiling by that augus...

senator mitch mcconnell. that deal would give the president sole authority and sole responsibility for increasing the nation's debt. some democrats have accused cantor of obstructing progress, and of undercutting his own party leaders. >> if eric cantor decides everything, i fear we'll be in default. >> i'm glad eric is there, and those who have other opinions, they can keep them to themselves. >> there are 20 days to go until the government reaches the debt limit that has already been set by congress. for five straight days, the president has been meeting with those congressional ...