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CNNW AM Wake Up Call July 25, 2011

i ve never taken my last offer off the table. and they ve never agreed to my last offer. boehner says house legislation needs to be posted on-line today and voted on on wednesday if they want to raise the debt ceiling by the august 22nd deadline. timothy geithner is the guy who might not have the money to pay the country s bills on time. here s what he told cnn s candy crowley on state of the union. what we cannot do, this is very important, it would be irresponsible, is to leave the threat of default hanging over the american economy for a longer period of time. back in january, more than seven months ago, we started this process of working with the congress to get them to raise the debt limit so we could avoid a default crisis. it s taken us seven months. we re not nowhere, but almost out of runway. geithner says it s okay to do this in stages, raise the debt ceiling with spending cuts now and work out broader tax reform next year. but you heard him say that g ....

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CNNW CNN Newsroom July 25, 2011

expected to roll out a plan to cut spending by $2.7 trillion while raising the debt by 274 trillion. reid s plan would not include tax increases which republicans refuse to consider nor would it touch entitlements. my colleague, dan lothian is watching it all from his post at the white house. dan, what is the president s position first on raising the debt in installments? reporter: he want it is to go through 2012 and there is a sense at the white house and treasury department in particular even if you had some sort of short-term fix that raises the debt ceiling through the rest of this year, that it still may not be enough to cam the jilters of the financial markets, still may not be enough to security aaa credit rating that the u.s. currently has. tt markets, still may not be enough to security aaa credit rating that the u.s. currently has. that is the first concern. secondly, it has been so difficult to get a deal now the white house points out how much more diffic ....

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CNNW World Business Today July 20, 2011

getting into southern somalia. the un declared a famine in two regions of southern somalia. they say nearly 3 million people are suffering from acute malnutrition. they say that this is hitting that benchmark, that nearly a third of the people could die if they don t receive food aid fast. the worst hit zain are the children. we ve seen children here hungry, desperately in need of food aid and we ve even seen children dieing here. one father told me they just came here to find help. they didn t get what they wanted, hi buried his child sarah in the ground near us yesterday morning, zain. how difficult is it, david, because of the fighting going on in somalia as well for aid agencies to operate? reporter: el shabaab controls parts of southern somalia. they kicked out the un some time ago t. world food program and the un refugee agency is asking for assistance, asking for access to those areas. they need to give them assurance they will have the corridors to bring in ....

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CNNW AM Wake Up Call July 19, 2011

read the wall street if you go see fox movies, harper collins, if you watch american idol, you re a rupert murdoch customer. the murdochs both father and son have their work cut out for them. they have two different things in their testimony tomorrow. they got acknowledge responsibility. they have to say that what is completely obvious is that this wasn t abe ration, it was apparently thousands of people who were hacked and the idea they didn t know is propest rous. at the some time, they can t con fes to crimes. another twist a former news of the world reporter a man who blew the whistle has been found dead in his home. one of the first to go on the record saying that his colleagues were encouraged to hack. the death is being treated as unexplained but not suspicious. the hacker group hit the sun, a murdoch paper, it posted fake articles and now some hackers saying they re sitting on news of the world e-mails. two weeks until america runs out of money to pay its ....

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CNNW American Morning July 18, 2011

york. glad you re with outside this monday. it s july 18th. a lot going on. nice to see you as well. nice to see you. christine s still off, i guess. two more casualties in the uk hacking scandal leaving rupert murdock s empire reeling this morning. rebekah brooks arrested. reported friday she had resi resigned. she s been released on bail. it s not clear if she ll testify tomorrow. last night in a shock move that has left scotland yard for accepting almost $20,000 in hospitality from a private health clinic after he had yound yund gone surgery. that health clinic was represented by a p.r. firm owned by former editor of the news of the world. this picture is building up. this cozy relationship between the police and senior executives at news of the world. that made his position very difficult. he decided to step down last night. insisting all the while he had done nothing wrong. the issue of my integrity, let me set clear that i the the people that know me kno ....

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