Page 47 - Shotgun Shells News Today : Breaking News, Live Updates & Top Stories | Vimarsana

hands. >> keep in mind, this is not a situation where the two parties are miles apart. we're in rough agreement about how much spending can be cut responsibly as a first step towards reducing our deficit. we agree on a process where the next step is a debate in the coming months on tax reform and entitlement reform, and i am willing and ready to have that debate. if we need to put in place an enforcement mechanism to hold us accountable for making the reforms, i will support that too if it's done in a smart and balanced way. so there are plenty of ways out of this mess. but we are al...

already for so many people. so it's unbelievable. we just don't know. we're at a point where there is a lot of concern because it is so uncertain. and people are following it, they're talking about it. >> and they'll be doing that for the next two hours. hope fly we'll have something by the beginning of next week. live from studio 7, want to get you up to speed for this friday, july 29th. we're will thalmost out of time. those words from president obama. the deadline for raising the country's debt limit now just four days away. and congress and the white house still gridlocked over...

marketsite. "american morning" starts right now. >> no vote on the debt plan again. i'm christine romans. as the u.s. economy lurches closer to a financial crisis, the political crisis continues. house speaker john boehner calls off a vote, unable to convince hardline conservatives in his party to sign on to his plan. >> i'm kiran chetry. more than 90% of texas is now in extreme drought. the state could sure use a lot of rain and now tropical storm don is expected to make landfall along the southern coast today. >> and it's happened again, a muslim-american soldier in police custody ...

delayed. police in texas say a muslim american soldier confessed to plotting an attack on ft. hood just two years after a muslim officer shot to death 13 people on that same base. tropical storm don could hit the south texas coast tonight and drought-stricken farmers are welcoming the prospect of up to 7 inches of rain. we begin with that sobering reality check on the debt crisis and just how daunting the challenge has become. in less than four days, the federal government could run out of money and default on its bills. but on capitol hill, the process has taken a huge step back...

up support for today, and essentially it would raise the debt ceiling and also save some $917 billion in spending over the course of the next decade, so we're keeping an eye on that as always, but first let's get to that developing story for you out of texas. an awol muslim-american soldier has been arrested near ft. hood with what the fbi is saying is a large amount of bomb-making materials. private first class naser abdo is now in custody after a sales clerk at a gun shop alerted police about this suspicious purchase. fbi agents then went on to abdo's hotel room where they found th...