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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...

could make or break the debt crisis and i know you're saying i've heard this before. but here is the deal today. lawmakers are not mincing words. less than five days to raise the debt ceiling or risk defaulting on government bills. today the house is due to vote on speaker john boehner's plan. as his own party holds the majority of votes he is really getting frustrated with the divisions that threaten its passage. in a closed door meeting, boehner actually told the feuding republicans, quote, get your ass in line. then veteran senator john mccain who blasted republicans quoting an ar...

kate bolduan has the story. also tonight, ari fleischer and james carville get in a heated exchange. john mccain today snacking down fellow republicans. he's providing a reality check and so are the financial markets. the dow industrials today dropping nearly 200 points, making it four losing days in a row. the nasdaq and s & p down even more sharply. now, anyone with a 401 k has got to be worried at this point and watching this closely or should be. but assume for a minute that washington gets in gear and passes some kind of debt reductions deal before the treasury runs out of money...

kate bolduan has the story. also tonight, ari fleischer and james carville get in a heated exchange. john mccain today snacking down fellow republicans. he's providing a reality check and so are the financial markets. the dow industrials today dropping nearly 200 points, making it four losing days in a row. the nasdaq and s & p down even more sharply. now, anyone with a 401 k has got to be worried at this point and watching this closely or should be. but assume for a minute that washington gets in gear and passes some kind of debt reductions deal before the treasury runs out of money...

spending cuts in ten years. reid would hike the debt by $2.7 trillion now and mandate an equal amount of cuts. but the congressional budget office says the boehner plan would trim spending by $850 billion, and the reid plan by $2.2 trillion. boehner went back to the board and postponed the vote that was supposed to happen today. reid's plan can't pass the house, and not only is boehner's plan doomed in the senate, a great many house republicans don't like it either. so what happens now? well, time marches on. a never-before-seen default on u.s. debt and obligations could be just six ...