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CNNW CNN Newsroom December 30, 2011

hello, there. it s not quite 2012 yet. we still have some news to get to before the new year. i m hala garani in washington. kyra phillips has the day off and we begin with the latest out of the united states in terms of politics this morning. let s get you straight to iowa and expecting any minute now, by the way, the new jersey governor chris christie will join mitt romney in iowa. christie is a rising star and many republicans wanted in this presidential race. he endorsed romney back in october and this will be their first joint appearance since then. just four days before the iowa caucuses. and mitt romney is going into this confident, according to the polls, still leading four days as we said before these iowa caucuses. cnn political reporter jim acosta is awaiting the event. he s in west des moines this morning. hi, there, jim. what can we expect today and how much might this appearance bice chris christie help mitt romney? well, it will help him a lot. chri ....

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Detailed text transcripts for TV channel - MSNBC - 20110806:02:33:00

The downgrade reflects our views that the effectiveness, stability, and predictability of the policy making and political institutions have weakened at a time of economic challenges, we are pessimistic about the administration being able to leverage their agreement this week into a broader fiscal consideration plan. it s a very, very political document. what is treasury saying? is the political aim of the ratings agency doing this? well, not politically motivated but based on political criteria. plainly. what s that? plainly. absolutely. and look, to be honest, the president s own rhetoric has opened the door to a judgment of that kind. he said during the stalemate, we have aaa credit, we don t have a aaa political system. s&p is pointing to that and immediately you see the ....

Credit Downgrade , Policy Making , Ratings Agency , We Don T , Standard And Poor S , Aaa Political System ,

Detailed text transcripts for TV channel - MSNBC - 20110806:01:33:00

The downgrade reflects our views that the effectiveness, stability, and predictability of the policy making and political institutions have weakened at a time of economic challenges, we are pessimistic about the administration being able to leverage their agreement this week into a broader fiscal consideration plan. it s a very, very political document. what is treasury saying? is the political aim of the ratings agency doing this? well, not politically motivated but based on political criteria. plainly. what s that? plainly. absolutely. and look, to be honest, the president s own rhetoric has opened the door to a judgment of that kind. he said during the stalemate, we have aaa credit, we don t have a aaa political system. s&p is pointing to that and immediately you see the political fight start. i ve gotten tweets in the last few minutes, first credit ....

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CNNW CNN Newsroom July 30, 2011

this reid plan sometime this afternoon. expected to vote it down. it will be just a demonstration that the reid plan as is is not going to pass the house of representatives. meanwhile, the question is, what s going to happen in the senate, were there any meetings? no meetings scheduled among the leadersh leadership, a top republican leadership aide telling me mitch mcconnell doesn t want to meet with the democrats unless a representative from the white house is involved because the democrats don t have permission to sign off on anything unless the president says so. i also talked to one top democrat from the house this morning about what he thinks, that s congressman barney frank, the chairman of the house financial services committee. let s listen. significant reductions going forward, not immediate, in domestic and military spending, deferring the tax issue for when the bush tax cuts expire and not cutting social security and medicare benefits are things we can look ....

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CNNW CNN Newsroom July 30, 2011

lawmakers are in session this afternoon, trying to end a tense political standoff over the debt ceiling. so far, we have only been hearing more contentious remarks from both sides. we ll take you there live in a moment. many of you are expressing frustration with the debt impasse in washington. and with members of congress who have yet to reach a deficit reduction deal. vernon hill says he wants lawmakers to get the u.s. out of debt or resign. the united states of america is about to go broke. we re about to lose our credit ratings. the people of the world are looking at us and wondering what the hell is going on with the greatest nation in the world. if you want to share your video on the debt showdown, logon to cnn.com/ireport. along the texas coast, a lot of disappointment after what was once tropical storm don making landfall. it came ashore as a tropical depression. but it wasn t the rainmaker folks were hoping for. much of texas is in a severe drought and ....

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