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CNNW CNN Newsroom July 25, 2011

i m don lemon. you re in the cnn newsroom. if you weren t paying close attention to the deficit and the debt ceiling talks in washington, you really need to now. a sunday filled with tv talking points face-to-face meetings and party conference calls brought the debt ceiling debate back to the very beginning. a little stalemate tonight and traders worldwide are surely taking notice, several overseas markets have opened lower in monday trading and the u.s. stock futures and trending they re trending lower right now. in washington this hour, power brokers from the president to the house speaker are standing firm unwilling to abandon their positions. our correspondent, our congressional correspondent kate bolduan has been tracking the events for us all day in d.c. and joins me now. kate, where do we stand right now. reporter: bottom line, don, after a long weekend of work and of meetings and a lot of negotiating there is no deal between congressional leaders and the white

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