of congress packed up and went on vacation. so now 4,000 faa workers are not being paid. tens of thousands of others involved in airport construction and maintenance are also off t job. and some $25 million are being lost every day in taxes because there is no one there to collect. that is more revenue lost in one hour than you will probably pay in your lifetime because congress members cannot reach an agreement agreement. weill tear into this developing dispute in just a moment, but here are some other stories we re watching tonight. the last pharaoh. for 30 years hosni mubarak was the lord of the nile. today he was wheeled into a cairo courtroom in a hospital bed and kept in a cage. egypt gets its show trial, but is the middle east a safer place? and the book of mormon. it s not just a broadway musical. for millions it s a road map to salvation. mitt romney follows it religiously. one ex-latter day saint says that should disqualify him from being president. then, we fin
spread to half of the country. it s been linked to ground turkey. what you need to know about this recallo keep your family safe. i m ashe velshi. burning up another day of searing heat. it s already proving deadly on this american morning. good morning to you. are you awake yet? you will be. happy thursday. it s august 4th. this is american morning. there s a lot going on today. we should get right to it. i want to talk first about the heat. heat is on congress to finish their business as we ve been reporting. they ve left washington without resolving a dispute over funding the federal aviation administration. that s resulted in tens of thousands of american workers not getting a paycheck today. on last night s in the arena with tom foreman, one worker voiced his frustration. running ourselves into debt, selling assets. unlike our congressmen and senators who are on vacation. nice congressional junket. i m sitting here watching the grass grow. watching
now, the cnn newsroom continues with randi kaye. have a great day. thank you. the treasury is sending out checks as promised, and somehow there is just as much fear and uncertainty and economic anxiety as ever. we will tackle the next three main questions. what is going on with the stock markets? the dow is on track for the ninth straight day of losses. any guesses on how long it has been since nine straight days of loss? 33 years. lots of scary numbers are behind these, and we ll get to those in a minute. question number two, who will make the cuts. the debt deal left a hard decision on taxes and spending and entitlements to a 12-member super committee yet to be appointed. thirdly, why did congress leave so much unfinished business? lawmakers went on their august break leaving thousands of faa workers on unpaid furlough. they are also leaving $1 billion in uncollected taxes on the table in a fight over $14 million. it s time to get some answers. don t you think? wa
more on this story in a moment on world business today. human rights groups are warning that they were struck on monday. troops were sent to hama on sunday to report on terrorist groups. by day s end activists say at least 71 civilians have been killed in hama, the site of huge anti-government protests. on monday is the beginning of ramadan. it s usually the time of good will and muslims fast to show devotion but it s usually high attendance at mosques and many of the anti-government protests have begun after prayers. the former prime minister mubarak s trial has been moved to wednesday. the once untouchable mubarak could face the death penalty for his alleged role in the killings of hundreds of anti-government protesters. those are the top stories. i m zahn verjee in cnn london. world business today starts now. captions by vitac www.vitac.com good morning from cnn london, i m charles hodson. and a very good afternoon from the hong kong waterfront. i m andre
governments are facing a crisis. one alabama government is getting ready for one of the largest municipal bankruptcy in history. why in the world would anybody name their child cheeto or limoncelo. those are all real names. this hour, more names to tell you about. why people do it and whatnot to name your child. good morning. thanks to my parents for naming me t.j. holmes. glad you could be with us. that clock is ticking on the debt ceiling crisis. tuesday is the deadline. the deadline for what? the government may not be able to pay its bills. we will have to decide which ones to pay and which ones not to pay. here is the rundown on capitol hill. the house is getting to work at noon today after some debate, they are expected to vote from the senate majority leader harry reid. that is expected to fail. on the senate side, they open debate on the same reid bill at 1:00. that debate could go as long as 12 hours or so. it might not be until you are asleep. the senate gets to