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Transcripts For CNNW CNN Newsroom 20110730



progress. democratic senate leader harry reid and republican senate leader mitch mcconnell on the senate floor moments ago. look. today the speaker republican leader held a press conference to announce they re in talks with the president and that a bargain to raise the debt ceiling is in the works and is close. in president, members of the senate, that s not true. i just spent two hours with the president, vice president, and leader pelosi, and it s fair for me to say that the engagement there is not in any meaningful way. the speaker, republican leader should know that merely saying we have agreement in front of a few television cameras doesn t make it so. the fact of the matter is that the only way we re going to get an agreement before tuesday is to have an agreement with the president of the united states. and the only person in america of the 307 million of us who can sign something into law. and i m more optimistic than my friend, the majority leader. we ve bo ....

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