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becoming an abnormal crisis. what happened today? >> reporter: well, there was a lot of process, sanjay. and a lot of discussion and still no break through is the bottom line. we are less than two days away from the president's self-imposed july 22nd deadline for a deal. and still there is no deal. and now some on capitol hill, some of even the president's allies are saying this is now in their view time to cut bait and stop going for the big deficit reductions package they've been talk about and find the easiest path forward to get the debt ceiling raised and worry about deficit red...

Going back to -- because if he gets conciliatory remarks and remarks that people on the street just dismiss it could inflame these protests even more. so he has to walk a very delicate line. if he gives in too much and upsets people it could spell the end for him. when the president of tunisia gave a speech and came out on television and said i understand, i understand this movement is taking place, i get it, it ended up being the end for him and he went on the saudi arabia. going back to our other point, there is a feeling of a glass ceiling here that there's an elite of tycoons that run the ...

Secrecy that exists. idea that you can have these big tycoons in a room, basically deciding who gets huge amounts of money, is i guess the way they like to do business. but it is totally absurd i think from the point of view of the average american. >> two senators strike me, as i look at the -- as the momentum builds around this cause, if you will, to get their truth effectively, is at the heart of our financial system, it a fraud? is it -- how much is fraud? how much is stupid? how much is real? two people strike me. senator richard burr, republican from north carolina, and the sponsor of a ...

I'm kim brunhuber. this is cnn "newsroom." we begin with a short flight to space but a big leap for tycoons who want to turn the great beyond into a tourist destination. in less than four hours, billionaire richard branson is set to take off in a space plane built by his company virgin galactic. well, if he succeeds, he will be the first businessman to do so in a spacecraft, whose development he funded. a short time ago, he tweeted this mission statement for his upcoming flight. >> my mission statement is to turn the dream of space travel into a reality. for my grandchildren, for your grandc...

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