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Detailed text transcripts for TV channel - KGO - 20110728:10:03:00

Boehner s plan would raise the nation s debt limit for half a year. senate majority leader harry reid s plan would raise it to 2013, past the next election. but neither is gaining steam. rob and tanya. funny how the town somehow got interjected in the debt ceiling. what do you think about playing that movie there? i guess it s a way to inspire and motivate the troops. is it really time for movies? let s get on with it. that s right, let s get it done. all the stalemate in washington is already having an effect on the economy even before a default. after the dow dropped 200 points, overerasasarkets this morning are already plunging. investors are flooding their brokers and advisers with calls. our coverage continues with abc s business editor dan arnall. good morning, dan. reporter: good morning, rob and tanya. investors have certainly taken notice of what s happening or not happening in washington. the stock market marking four straight days of losses, down 422 points s ....

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Detailed text transcripts for TV channel - MSNBC - 20110728:13:20:00

Vote. you moved on that and said fine we can do deficit reduction. and the president has moved and moved and you ve made that argument, look at how much we ve moved why won t the republicans move with us, part of the argument. there s a lot of democrat senators when is the president going to stop moving and they re convinced as are republicans, that at the end of the day, he ll cave and sign a two-step debt ceiling solution. no. listen, i think right now, you see a great amount of unity in the democratic party. every democratic senator and two independents, as i mentioned even a few republicans in the senate v said they re not going to support boehner. i don t think boehner may get one or two democratic votes may get none. we re unified here. this is the responsible thing to do. chuck, you know, if you go out on main street all across america today and ask them should we go through this debt ceiling exercise again during the holidays, people would think that s insanity. that s not wh ....

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Detailed text transcripts for TV channel - KGO - 20110728:10:36:00

he is their god. he s told these people, i am jesus christ. you don t do anything except do what you re told. reporter: in 2007 jeffs was found guilty in utah of being an accomplice to rape but the conviction was overturned by an appellate court. in texas he now faces life behind bars. andrea canning, abc news, los angeles. norway s police today are wrapping up their search of that island where most of last friday s mass murders took place. that should allow them to confirm a final death toll which right now stands at 68. an independent commission is also being formed to fully investigate anders breivik s deadly rampage on that island and the bombing in oslo as well. a monument is also being built to honor all the victims. there may finally be a vote on a debt crisis deal. house speaker john boehner plans to bring to the floor today a republican plan to raise the debt ceiling. during the stalemate the ohio republican has been fighting not ....

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Detailed text transcripts for TV channel - KGO - 20110728:10:00:00

This morning on world news now republicans reined in. the house speaker expresses his anger with his tea party colleagues. john boehner s gop message about the debt crisis was heard loud and clear. it s thursday, july 28th. announcer: from abc news, this is world news now. good morning, i m tanya rivero. andnd i m rob nelson. republicans now are so desperate for support, they played an action movie clip to freshmen lawmakers. meanwhile the democrats expressed political concern, while wall street investors braced themselves. indeed. everybody s bracing themselves. also ahead, a war veteran who s a quadruple amputee, why his wife is also struggling. her message to capitol hill may open your eyes. also later in this half hour of the show, lawmakers in london crack down on a cosmetics giant ....

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Detailed text transcripts for TV channel - KGO - 20110728:10:37:00

Only democrats but some of the more conservative members of his own party. abc s john hendren has the latest. good morning, john. reporter: good morning, rob and tanya. house speaker john boehner has been cracking the whip. he told fellow republicans in a closed-door meeting, including wavering tea party freshmen, to get in line behind his debt plan. it seems to be working. some walked out saying they would now support that plan. i ve moved from lean no to undecided to lean yes. i ll be voting yes. reporter: elsewhere on capitol hill, credit rating agencies warned they will downgrade the nation s credit without a deal that cuts the debt. there has to be a credible plan to reducecehe debt burden, as well as reduce the deficit level. reporter: boehner s plan to increase the debt limit for half a year has until now failed to garner the support of tea party conservatives in his own party. the congressional budget office says it saves $917 billion, far less than the $1.2 trillio ....

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