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CNNW Anderson Cooper 360 July 26, 2011

downgrade the nation s credit even if a deal is reached. even if a deal is reached. it s a aaa, nearly as good as cash or gold and has been almost from the begin. losing that status would raise interest rates for all of us, make mortgages cost more, stifle the economy, possibly trigger a run on the dollar. tonight, president obama restated his desire for a deal that includes tax increases on wealthier americans as well as spending cuts. he cited statistics appealing to bipartisanship and invoked the words of ronald reagan and also acknowledged how sharply divided washington is while trying to channel a bipartisan frustration among americans for what goes on in washington. take a look. i realize that a lot of the new members of congress and i don t see eye to eye on many issues. but we were each elected by some of the same americans for some of the we were each elected by some of the same americans for the same reasons. yes, many want government to start living withi ....

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CNNW Piers Morgan Tonight July 26, 2011

the country will not have enough money to pay all of its bills. tough decision also have to be made. the stakes right now are enormous. the president will lay out his case within a minute or so. two minutes after the president features finishes what s expected to be about a 15-minute speech to the nation, two minutes after that, we ll hear a separate speech from the house speakeren. boehner. he s up on capitol hill. he ll make his case why the president right now is wrong. why the republicans are right. both of them presumably will say the stakes for the united states are enormous right now and the country must do everything possible. everything possible to avoid default. they ve been negotiating publicly and privately now for weeks and weeks and weeks. and unfortunately, for the country and indeed, for much of the world, unfortunately, the negotiations collapsed over the past few days. still possible, they might be able to work out a deal. the stakes are enormous a ....

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CNNW Anderson Cooper 360 July 26, 2011

he cited statistics appealing to bipartisanship and invoked the words of ronald reagan and also acknowledged how sharply divided washington is while trying to channel a bipartisan frustration among americans for what goes on in washington. take a look. i realize that a lot of the new members of congress and i don t see eye to eye on many issues. but we were each elected by some of the same americans for some of the same reasons. yes, many want government to start living within its means, and many are fed up with a system in which the debt seems stacked against middle class americans in favor of the wealthiest few. but do you know what people are fed up with most of all? they re fed up with a town where compromise has become a dirty word. they work all day long, many of them scraping by, just to put the american people might have voted that they didn t vote for a dysfunctional government. i am asking you to make your voice heard. if you want a balanced approach to ....

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CNNW Piers Morgan Tonight July 26, 2011

two minutes after the president features finishes what s expected to be about a 15-minute speech to the nation, two minutes after that, we ll hear a separate speech from the house speaker boehner. he s up on capitol hill. he ll make his case why the president right now is wrong. why the republicans are right. both of them presumably will say the stakes for the united states are enormous right now and the country must do everything possible. everything possible to avoid default. they ve been negotiating publicly and privately now for weeks and weeks and weeks. and unfortunately, for the country and indeed, for much of the world, unfortunately, the negotiations collapsed over the past few days. still possible, they might be able to work out a deal. the stakes are enormous and you see the president walking up to the microphone. let s listen. good evening. the debate that directly affects the lives of all americans. for the last decade, we spent more money than we take ....

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Detailed text transcripts for TV channel - MSNBC - 20110726:02:05:00

New members of congress and i don t see eye to eye on many issues. but we were each elected by some of the same americans for some of the same reasons. yes, many want government to start living with within its means. and many are fed up with a system in which the deck seems stacked against middle class americans in favor of the wealthiest few. but do you know what people are fed up with most of all? they re fed up with a town where compromise has become a dirty word. they work all day long, many of them scraping by, just to put food on the table. and when these americans come home at night, bone tired and turn on the news, all they see is the same partisan three-ring circus here in washington. they see leaders who can t seem to come together and do what it takes to make life just a little bit better for ordinary americans. they re offended by that. ....

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