lee grace, dylan and ryan, i love you very much. your lives are not over. only mom knows what good people you are inside. please prove me right and everybody wrong by doing the right thing now and turning yourselves in. shannon: the shootout happened tuesday when police tried to pull over a subaru. the chase with speeds topping 100 miles an hour. along the way two of the suspects fired off at least 20 shots, one hitting the car tire of the police car and that allowed them to get away. the officer was not injured. while most gop hopefuls are campaigning around the clock in iowa, presidential candidate gary johnson says he will not be traveling to the hawkeye state this week and
in my hands the only copy of the build an bill and the white was issuing already a veto threat and it was tabled without any discussion or debate. we need a serious discussion in this country about cut cap and balance about specifically about a balanced budget amendment. shannon: on the folks on the other side of you, they say what you are sending them is not a compromise, all one sided and only for the republicans and, of course, they are not going to vote on it. how do you respond? they should at least debate it or amend it. whatenate i don t know bahar they do over there other than the potluck winner with the wheel chair bingo. we produce cut cap and balance and have been out there trying to be as compromising as we possibly can. for a guy like me to vote to
really help us at all in the long run. shannon: christian, dan, thank you for presenting both sides this of. we know the alabama fight is far from over. thank you both. when you are this high up there is no room for error. find out what happened when a tight rope walker tomorrow a stumble, next. [ male announcer ] this is our beach. this is our pool. our fireworks. and our slip and slide. you have your idea of summer fun, and we have ours.
can washington patch up the damage it has done? u.s. investors will be watching carefully. traditionally in downs like this, a smart, big investor says stocks are cheaper and jumps in. you might want to wait until you see such action before you make sufficient a move. shannon, back to you. shannon: now that the s&p has downgraded us we heard talk about how long it could take to earn back a aaa. that it may require severe choices and changes. what is the prospect for us possibly regaining that? it was a very, very dramatic move. i think the biased right now is to take it lower. i think it would take tremendous work by this committee to actually cut the debt. it might mean higher tax increases. that hasn t been said that is the other side of lower spending to raise taxes. that of course won t go over
positive but you need a real mandate to do that getting rid of preferences and slashing rates after the 2012 election. there is not the mandate for it now. there would be a lot of talk about it but the figure stuff has to come after the mandate from next year s elections. in the meantime, what are your hopes or not for the super committee that is coming together in congress, republicans and democrats from the house and senate trying to working together on major, major cuts before thanksgiving? what do you think they will be able to accomplish? i hope they come up with something. the key thing to look at, shannon is what they do in the current and next fiscal year because that has real meaning. the outyear numbers are meaningless because any future congress can change that. if they make real cuts for this year and next year which has the binding of law that will be something. that is the number i m going to look at, not the box car numbers of trillions which mean nothing but you the