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offer the spending and deficit cuts that republicans thought it would. cnn s chief white house correspondent jessica yellin spends the next 18 seconds giving us the big picture. reporter: what s happening now is democrats are waiting. they re just waiting to see what happens with the republican s bill before making their own move in the senate. the big picture here is neither the republican s bill in the house nor the democrats bill in the senate seems to have the votes to get through both houses of congress. so we re back at stalemate. and so it s wednesday and there s no deal. the ted line is tuesday of next week. if congress can t get it done by then, you could start to see higher interest rates, a declining dollar and other problems. the white house website has put up a chart that breaks down the u.s. debt by administration over the last ten years. i was just looking at it. more than $3.5 trillion because of changes to the economy, not policy changes, but less tax in
why congress may have breathing room when it comes to raising the debt ceiling on this american morning. and good morning, everyone. it is wednesday, july 27th. this is american morning. a lot going on today. let s get to it. it does feel like dueling bangoes, doesn t it? when you hear both sides of the debate they re dug in but insist they re right. and a growing number of americans want them not to be. they all say god bless america. how we get there is the question. two maker developments in the debt crisis, following minute by minute here. six days until the deadline and house speaker john boehner s plan is coming under fire from members of his own party. he s going back to the drawing board because the numbers don t add up. today s vote has been postponed and in just a few hours, house republicans will meet again as john boehner says that they are looking for more cuts and deeper cuts. this is the plan. i ve got it here. 57 pages. what happens when you co
edge this country s. five days after the massacre, we know there are undercover armed policemen on patrol. we also know that breivek amassed six tons of fertilizer, according to his manifesto. the police are suggesting to us that there is a certain amount of that fertilizer which is not accounted for in the explosives found on the island or the bomb here in oslo. they say it is possible that that missing amount of fertilizer could be enough to produce a bomb. so definitely a very, very significant part of their investigation. now, breivek s lawyer yesterday gave some insight into his client s mental state saying this whole case does suggest that he is insane, that breivek himself was surprised that he was able to get away with as much as he did on the island, that police hadn t stopped him any earlier, and he was taking some sort of drug before his attack to sort of keep him steady during that horrific massacre. and as you can see behind me, as lowans, norwegians continue to