facility and will be reunited with his family. these developments coming while secretary of state hillary clinton and treasury secretary timothy geithner are in beijing preparing for economic and strategic meetings with chinese leaders beginning on thursday. it s not clear how the chen case might influence those talks, but this was starting to become a sticky situation between the u.s. and china. china now reportedly demanding an apology from the u.s. for sheltering the activist. we ll have a live report from beijing in the next half hour. our other big story of the morning. new questions about america s longest war, this after a trip to afghanistan by the president that was supposed to sum it all up. president obama saying one year after the death of osama bin laden that crushing al qaeda is within reach. but a car bomb that killed six people after air force one was wheels up certainly a tough reminder that there s a long way to go in that country. we still don t know how
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