sitting here? i ve reached my limit. this may bring down my presidency but i will not yield on this. congressman cantor says he says don t call my bluff, i m going to the american people on this. finally cantor says he pushed back from the table and left. a democratic source telling it differently, saying the president challenged mr. cantor for what the source called talk out of both sides of his mouth . they ll be back at the table tomorrow. the stakes could not be higher. moody s today put america s credit rating on review hinting at a possible downgrade. ben bernanke says defaulting on the debt would be catastrophic. the chamber of commerce also sounded the alarm. jessica yellin is at the white house with what her sources are telling her. what have you heard from these differing accounts? reporter: democratic sources say that bottom line is that the president was schooling the crowd in the room when eric cantor changed his position. all along eric cantor as you have sai
jessica yellin is at the white house tonight with what her sources are telling her. jessica, what have you heard from these differing accounts? reporter: anderson, democratic sources say that bottom line is that the president was schooling the crowd in the room when eric cantor changed his position. all along eric cantor as you have said, the house majority leader, had endorsed doing a deal that did reduce the deficit. and that had some of these vary krause components we talked about. but when he supported the short-term deal which as you ve pointed out the president has made clear he opposes, the president sort of told the entire group that this is exactly what americans think of as washington at its worst, washington catering to the base, catering to politics, putting their own political future ahead of doing important things and taking on the big issues. and that he called on the group to take on this challenge and then called the meeting to an end. no matter how you rea
rupert murdoch under fire in britain and in the united states. two separate u.s. agencies calling for investigations into rupert murdoch. have you heard this story? an 8-year-old boy kidnapped, murdered, then mutilated. now new york place are scouring a stream of surveillance video for answers. more on that. first, i want to begin with this. let s just plunge right into the debt negotiations at this hour. daily talks at the white house resume in one hour, and by all accounts, they are becoming more tense, more heated, more testy, the closer we get to the deadline. you know the date by now, august 2nd. august 2nd, a potential default of the u.s. treasury if congress will not approve more borrowing. joining me now from the u.s. capitol building is congressman paul brown, republican of georgia. congressman brown, nice to see you. good to have you on. it s nice to be with you. i don t believe the august 2nd deadline frankly, and we don t default even if we pass the august 2