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Transcripts For CNNW CNN Newsroom 20110716

right now on cnn, what is going on in rochester, new york? i m not deserving what they re doing, and they re arrested me. i don t understand what s going on. i did nothing. i did nothing. all right. that s not good being arrested for videotaping an arrest from her own front yard. i ll talk with a local lawmaker who says he s been the target of police retaliation. plus, we investigate deeper. the outburst you see there probably won t help this woman s case. she s accused of attacking her husband. caught on tape, attacking the judge sentencing her. we re going to talk to the officer who grabbed her. and i want you to meet mama jazz and her very unique fingernail style. her longest nail, 26 inches. the one her thumb. we ll visit her house to see how she goes about her daily life. and she ll be here to answer in questions for me. i m don lemon at the cnn world headquarters in atlanta. a lost news to get you caught a lot of news to get you caught up on so let s do it.

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Transcripts For CNNW Your Money 20110716

to be severe. welcome to your money. i m ali velshi. august 2nd is the day the treasury department says it will no longer be able to pay all of our nation s bills. and the united states will default on its debt. republicans are going to vote on their own plan this week, complete with spending cuts. but president obama says he won t support deep cuts without increases in taxes. if you re trying to get to $2.4 trillion without any revenue, then you are effectively gutting a whole bunch of domestic spending that is going to be too burdensome and is not going to be something that i would support. david gergen is cnn s senior political analyst. david, there was a time when republican house speaker john boehner and president obama both talked of doing something big to change america s unsustainable economic path. what do you think? do you think that opportunity s lost? well, a week is a long time in politics. it can be a lifetime. i think what s now clear is that the big de

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Transcripts For CNNW Anderson Cooper 360 20110715

averted. and the people s republic of china, red china, urging washington to raise the debt ceiling. somewhere chairman mao is smiling. president obama went on record with his account of how last night s turbulent meeting ended. you ll recall house majority leader cantor said the president told him not to call his bluff, said i ll see you tomorrow and walked out of the cabinet room. look, at the end of the meeting after we d already met for a couple of hours, what i said to the group was what i think the american people feel, which is we have a responsibility to do the right thing. we shouldn t be overly partisan. we shouldn t be posturing. we should solve problems. whichever account rings true to you, today s meeting was the first to deal with largely revenue. we got insight in a moment from gel ca yellin and gloria borger. there s new polling you should know about that mayed is prize you, showing what americans really think about raising taxes to close the budget gap.

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Transcripts For CNNW CNN Newsroom 20110715

out a plan palatable to both sides, and there s a separate push for the balanced budget amendment. the president suggested this morning that the u.s. doesn t have time have for any proposals. we don t need a constitutional amendment to do our jobs. the constitution already tells us to do our jobs and to make sure that the government is living within its means and making responsible choices. so it this notion that we re going to go through a multi-year process instead of seizing the moment now and taking care of our problems is a typical washington response. we don t need more studies. we don t need a balanced budget amendment. we simply need to make these tough choices and be willing to take on our bases. everybody knows that. so august 2nd is the looming deadline. that s the day when the treasury warns the u.s. will have to decide which bills it will pay and which ones won t get paid. with no talks scheduled at the white house today, house republicans offering up their o

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Transcripts For CNNW Anderson Cooper 360 20110714

a democratic source telling it differently, saying the president challenged mr. cantor for what the source called talk out of both sides of his mouth . they ll be back at the table tomorrow. the stakes could not be higher. moody s today put america s credit rating on review hinting at a possible rating drop. ben bernanke says defaulting on the debt would be catastrophic. jessica yellin is at the white house with what her sources are telling her. what have you heard from these differing accounts? reporter: democratic sources say that bottom line is that the president was schooling the crowd in the room when eric cantor changed his position. all along eric cantor as you have said, the house majority leader, had endorsed doing a deal that did reduce the deficit and that had some of these various components we talked about. but when he supported the short-term deal which as you ve pointed out the president has made clear he opposes, the president sort of told the entire group

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