candidates setting a fiery tone from the beginning. here is one of the most talked about, an exchange between former governor tim pawlenty, congresswoman michelle bachmann, both from the state of minnesota. the problem is when the deal was put together, governor pawlenty cut a deal with the special interest groups and he put in the same bill a vote to increase the tax as well as the vote that would take protections from the unborn and i made a decision, i believe in the sanctity of human life, and i believe you can get money wrong, but you can t get life wrong. what s wrong in the answer is the answer. congresswoman bachmann didn t vote for that deal because of stripping away a prolife protection, she voted for it she s now creating that as the excuse but nonetheless she speaks of leading these efforts in washington and minnesota, leading and failing is not the objective, leading and getting results is the objective. i ve got the best record of results of any candidate
network. we re going to so the audience what it looked like on wall street. this is the first time in history that we ve seen the dow close with a net change of 400 points or more for a few days. you can see the volatility on the screen there. taking a step back, what stands out most to you about this week? reporter: how many were participating in it, jenna. volume, which is an indication of how many people are buying and selling shares will almost assuredly hit a record or close to a record that goes back to the october 2008 meltdown. that shows you the volatility and just the skittishness that was here and everywhere. this is a global phenomenon. what was going on here was going on everywhere, particularly in the european markets. they were far more volatile than our markets if you can believe it. all on growing concern that despite the gains we saw yesterday and today hope they continue, knock on wood, there is a real concern we are not out of the wao dz. we cling on goo
about the same amount, sets up a bipartisan committee to find other ways to trim another trillion and change from the deficit. think of it as a deficit posse. it calls for both chamber of commerce eventually to pass a balanced budget amendment to the constitution. they don t actually have to pass it, they just have to vote on it. and the president and house speaker admit that the plan is not perfect, but hey, there s a deadline tomorrow. here s what the president said, then you ll hear from a freshman republican who, by the way, is dressed casually. give him a break, it was late on sunday night. now, is this the deal i would have preferred? no. but this compromise does make a serious downpayment on the deficit reduction we need and gives each party a strong incentive to get a balanced plan done before the end of the year. and to have bold changes to something so systematically broken is going to take time. i understand their frustration. this certainly is not perfect. i w
am out west. marathon talks lead to a new debt deal. at least in theory. the president backs it. so do leaders of both parties. still, no reason to celebrate just yet. in syria, a violent crackdown on anti-government protests. more than 7 0 people killed and counting. and new this morning, a big change to health coverage. the federal government will require insurers who provide birth control without co-payments. now, in just a few hours, we could see the beginning of the end of the debt crisis. it s been the issue in washington for weeks. and you re probably tired of the finger pointing and doomsday predictions. today, that could all come to an end if the house and senate approve a compromised plan. the deal identifies about $1 trillion in spending cuts over ten years and raises the debt ceiling by about the same amount. bipartisan committee must find ways to trim another trillion a, a so-called deficit posse. the president and house speaker admit the plan isn t perfect
speak of washington, we have a busy two hours ahead. randi, thank you very much. hello, everyone. are you ready for this? the debt deal is done, right? not exactly. we still need to see votes happening both in the senate and the house. on the house side, it looks like some democrats could be holding things up. we ll speak with one of them. we expect to hear from speaker of the house, john boehner this hour. we ll carry that live for you. so stay tuned for that as well. let s begin here. as the clock continues to tick, nine hours now remaining until a potential default of the u.s. government. and congress still hasn t voted on the debt reduction agreement announced last night. we heard the senate would be voting first. then we heard the house would be voting first. but the house still hasn t voted. that tells me there may be a problem rounding up some of those votes. we have just heard from vice president joe biden after a meeting with congressional democrats. listen to th