marketsite. american morning starts right now. no vote on the debt plan again. i m christine romans. as the u.s. economy lurches closer to a financial crisis, the political crisis continues. house speaker john boehner calls off a vote, unable to convince hardline conservatives in his party to sign on to his plan. i m kiran chetry. more than 90% of texas is now in extreme drought. the state could sure use a lot of rain and now tropical storm don is expected to make landfall along the southern coast today. and it s happened again, a muslim-american soldier in police custody for allegedly plotting to kill fellow soldiers at ft. hood. a live report from texas on this american morning. good morning. it is friday, july 29th. this is american morning. a lot going on to get you caught up today. it s interesting there s a report from credit suisse that says if the u.s. were to default, u.s. stocks would fall 30% over six months to a year showing you just how serious this