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>> he's running for reelection. he's sago owe i'm saying he's got a lot of explaining to do about the economy if that's what he's out talking about. i don't think the folks in iowa are going to be real excited about unemployment rate where it is and the number of americans who are out of work. this president has been an ab jekt failure when it comes to the economy. >> republican candidate michele bachmann's bus will be in dpreenville and spartanburg, south carolina, today. today is the national day of action. latino groups will protest the immigration policies. he's been criticized...

the summer "the help." this is "piers morgan tonight." it's not easy to find a bright spot in america's economy these days but my next guests have done just that. inventor dean kamen the man behind the segue and will.i.am from the black eyed teamed up with the geeker builder? >> i do music and if you look at the industry i'm in, it's based on technology, from radio to phonographs to cds, it's all technology, microphones, reel-to-reels, cameras, editing, chips, right, it's all technology. >> how did you meet him? >> i met him on stage touring, as you know our crew was building our s...

>> this is rocket science, plus the extraordinary young life of bryce dallas howard, the most anticipated movie of the summer "the help. "this is piers morgan tonight." it's not easy to find a bright spot in america's economy these days. my next guests, dean kamen, and will.i.am of the black-eyed peas, studied science to teach kids to join the workforce. what's a rapper like you getting teamed up with the geeker builder? >> i do music and if you look at the industry i'm in, it's based on technology, from radio to phonographs to cds, it's all technology, microphones, reel-to-reels, ...

>> reporter: i think it's a step in the right direction in terms of reaching a compromise. the big question remains while we have heard that harry reid signed off on the deal, where do republicans -- the key republican negotiators in this whole deal, where do they stand on the issue? in the house as well as in the senate. well, we're still obviously looking to get guidance on that. we have heard from one top senate republican leadership aide who said at least -- at least right now they're not there yet saying the agreement is not done and that they're still working on it. so it seems...

could it still fall apart? we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. you're in "the situation room". it's been a day of dramatic changes in washington's debt crisis. within the past few hours capitol hill's angry partisanship gave way to serious negotiations, and then to predictions of an agreement within the very near future, one top republican, the senator minority leader mitch mcconnell declared and i'm quoting, he's confident and optimistic. moments ago harry reid seemed to throw some cold water on the new found optimism. rets go ...