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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 ...

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 enorm...

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, fo...

It is something that needs to be resolved that hasn't been resolved and must be resolved, and so we have done two things, we've made a concerted effort to try to resolve these cases and we've also begun a process of looking at our entire operation from an outside consultant to take a look and see whether or not there are any other things that we're doing or shouldn't be doing that would potentially lead to claims in the future. >> reporter: the secretary talking about pending lawsuits against usda on the basis of alleged discrimination. while awaiting a written proposal from mr. vilsack sherro...

Nominating convention because that was the last time the republican party went to their nominating convention without having a clear nominee. the reason i say this reporting is unintentionally hilarious is because what do you mean no clear nominee? look at the national polling. if there's one thing the national polling and this early state polling shows right now, it's there's a clear nominee. republicans at the upper echelons of the republican party may purport to have mixed feelings about donald trump. republican voters really don't. they have less mixed feelings about him than they ever had...