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out. now, despite all that, i m told by my sources there s not a lot of optimism, that this particular negotiating process here at the white house is going to actually end up leading to the real deal, and a lot of effort and attention is now turning to a different process that s happening in the u.s. senate and another alternate deal that s being worked out between the two senate leaders that could instead end up raising the debt ceiling. an optimistic late night view from jessica yellin. today president obama will update the nation with a press conference at 11:00 a.m. eastern time, cnn will carry that live. let s talk about the phone hacking scandal in the united kingdom. it might not be limited to that side of the atlantic. the fbi is now investigating murdoch s news corporation. there s an accusation that his employees may have tried to hack into the phone conversations and voicemails of 9/11 victims and their families. rudy giuliani was mayor of new york during that