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CNNW Anderson Cooper 360 July 14, 2011

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 rating drop. ben bernanke says defaulting on the debt would be catastrophic. 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 said, the house majority leader, had endorsed doing a deal that did reduce the deficit and that had some of these various 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 ....

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CNNW Anderson Cooper 360 July 14, 2011

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 ha ....

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