very difficult. very difficult. thanks very much. good discussion. just ahead more anguish from flight 370 families. why one passenger s wife is convinced the malaysian government is lying. and first hand impressions of flight 370 s copilot. anything to raise alarm? richard quest standing by to tell us what he knows. dear sun, meet your biggest competitor: philips slimstyle led bulb. beautiful quality light with a slim design, at a slim price. save you fifteen percent or more on car insurance.ould yep, everybody knows that. well, did you know the ancient pyramids were actually a mistake?
this american morning. . busy weekend. good morning, august 1st. a lot going on today. it was an agonizing weekend and we were all up late last night. e-mails flying at midnight. it was busy. but things are a little brighter today than they were last night and saturday night and a little brighter. tiny bit. we start with that possible break-through in the debt ceiling crisis. in a few hours the house and senate are expected to vote on a plan by president obama and congressional leaders to raise america s borrowing limit in exchange for massive spending cuts. i want to announce that leaders of both parties in both chambers have reached an agreement that will reduce the deficit and avoid default. the default that would have had a devastating effect on our economy. a sense of what the agreement looks like, going to increase the debt ceiling by up to $2.4 trillion. that is enough to get us through 2012, we hope. the plan also includes $917 billion in immediate spen