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ridiculist tonight. breaking news everyone. tonight right now in that building over on the senate side according to democrat harry reid who spoke last hour, nothing is going on. the senate is now adjourned. but the clock is still ticking and the government is running out of money to pay the bills at this moment because the debt limit was not raised back in may, the united states treasury has less cash on hand than apple computer. on wednesday the government will have $23 billion in social security checks to send out and not enough cash to cover them unless it doesn't send out a who...

a string of delays the house narrowly passed speaker john boehner's version of a debt reduction bill. >> i stuck my neck out a mile to try this. to get an agreement with the president of the united states. i stuck my neck out a mile. and i put revenues on the table. in order to try this. to come to an agreement to avert us being where we are. a lot of people in this town can never say yes. a lot of people can never say yes. this house has acted. and it is time for the administration and time for our colleagues across the aisle, put something on the table! tell us where you are! [ che...

anything quite like this. let me explain what you are looking at. that's a plexiglass pontiac. it was built for the 1939 new york world's fair. it's being auctioned today and expected to sell for about $275,000. and from the cnn center in atlanta, georgia, this is your cnn saturday morning. glad you could spend some time here with us. i'm t.j. holmes. well, you know the story by now. the world's biggest economy is on the brink of possible default. we are all watching and waiting as the fight over the nation's debt ceiling just drags on and on and on. congress has just under three d...

already for so many people. so it's unbelievable. we just don't know. we're at a point where there is a lot of concern because it is so uncertain. and people are following it, they're talking about it. >> and they'll be doing that for the next two hours. hope fly we'll have something by the beginning of next week. live from studio 7, want to get you up to speed for this friday, july 29th. we're will thalmost out of time. those words from president obama. the deadline for raising the country's debt limit now just four days away. and congress and the white house still gridlocked over...

marketsite. "american morning" starts right now. >> no vote on the debt plan again. i'm christine romans. as the u.s. economy lurches closer to a financial crisis, the political crisis continues. house speaker john boehner calls off a vote, unable to convince hardline conservatives in his party to sign on to his plan. >> i'm kiran chetry. more than 90% of texas is now in extreme drought. the state could sure use a lot of rain and now tropical storm don is expected to make landfall along the southern coast today. >> and it's happened again, a muslim-american soldier in police custody ...