negotiations to continue. key elements of the republican establishment are trying to nudge the hard line conservatives to a compromise. defaulting on our debt is not an option. it has real, immediate, and potentially catastrophic consequences. the ratings agency standard and poor s sent a team to capitol hill saying not raising the debt ceiling would stain america s credit rating and drive up interest costs for everyone. many house conservatives, though, aren t ready to give up and some of them won t budge. they say if there s any new taxes in this deal at the end, they would rather have the first default in american history. in our new cnn/orc poll gives us a fresh sense of what you think. 34% of americans say any deal to raise the debt ceiling should include only spending cuts. but nearly two thirds, 64%, say the deal should include a mix, spending cuts and tax increases. that s what president obama wants and here s a little more proof he at the moment has the upper han
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 reductions at another time. it seem like there was some enthusiasm and progress yesterday. but if the two sides are even further dug in, even further apart so to speak, why is the president still pushing for something big? reporter: well, there s the overt politics of it. he seems to be nominally winning. the republicans and public polls are doing less well and are getting more blame than the pres
in this country, a new debt ceiling compromise seems to be getting traction in washington. six senators, three republicans, and three democrats are offering a plan to cut the nation s debt by about $3.7 trillion over the next decade. it includes spending cuts and about a trillion dollars in new tax revenue. republicans have insisted on deep cuts and no tax increases before they ll agree to raise the country s borrowing limit. that debt ceiling deds line is now just 13 days away. minnesota s three-week government shutdown is over. democratic governor park dayton signed a budget bill today. he and republican lawmakers finally agreed to use accounting gimmicks to close the state s $5 billion shortfall. republicans refused to raise taxes. the shutdown left 22,000 state workers without a paycheck. and memphis public schools may not open august 8th as scheduled because of a budget fight. the school board says no classes till the city pace $55 million. the board says the city ow
put forward by a bipartisan senate group named the gang of six. most liberals don t like the gang of six approach because it would make cuts to social security and medicare. we are an anti-gang group. we are we re trying to suppress the growth of gangs. we think that it is not healthy for washington. most conservatives complain it doesn t cut spending enough and raises taxes too much. the gang of six is a five pages of sort of talking points. it s not an actual plan. but the president sees it as a framework for a potential potential breakthrough and perhaps because they like the other fallback options even less, the house republican leadership says it s at least worth talking about. let s begin with what happened tonight behind closed doors and how the new senate plan is changing the discussion. our chief white house correspondent jessica yellin and kate bald win are live at their posts and chrystia freeland, and the meeting with the republicans which is the m
them to pay. and the lie one member of brit tissue parliament told about me. if all you know about tom arnold is his marriage to roseanne barr, then you don t know the half of it. jenny craig offered me and my wife $20 million to lose 20 pounds. who could not do that? i can think of two people. he ll talk about his friendship with arnold schwarzenegger. that s tom arnold and this is piers morgan tonight. good evening. a dramatic day for rupert murdoch. hours of tough questioning coming to a sudden halt with this. murdoch slattered with a shaving cream pie, thrown by a man identified as johnny marbles. murdoch s wife, wiendi deng, leaping to his defense. more questions to rupert and his son james. louise mensch accused me not one but twice of boasting in a book that i had gotten scoops when i worked for the daily mirror. piers morgan side open until his book, clearly published before this whole controversy broke, that he had hacked phones, he said that he won sco