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Transcripts For CNN The Situation Room With Wolf Blitzer 20110720



right now, six u.s. senators are giving new momentum to talks aiming at avoiding a national catastrophe in the united states. their bipartisan compromise to slash the deficit. only 12 dpas left, president obama is due to meet this hour with house speaker john boehner and majority leader eric cantor. this just a short while after he met with top congressional democrats over at the white house. ours who correspondent dan lothian is standing by. kate baldwin has the latest. kate? polling show that americans are looking for compromise to get through this debt crisis. senators in the gang of six say that s exactly what they re offering here with their plan, but there are real questions if they can get enough support in time. now after months of negotiations. the so-called gang of six met once again behind closed doors this time to try to build momentum around their $3.7 trillion debt reduction plan. this is the only bipartisan plan that meets the debt reduction targets. ....

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Transcripts For CNNW The Situation Room With Wolf Blitzer 20110720



right here in the united states. and a war of words between two florida lawmakers. democratic party chairwoman debbie wasserman-shultz joins me to respond to a congressman s rant calling her vile, unprofessional and despicable. i m wolf blitzer. you re in the situation room. right now, six u.s. senators are giving new momentum to talks aiming at avoiding a national catastrophe in the united states. their bipartisan compromise to slash the deficit. only 12 dpas left, president obama is due to meet this hour with house speaker john boehner and majority leader eric cantor. this just a short while after he met with top congressional democrats over at the white house. ours who correspondent dan lothian is standing by. kate baldwin has the latest. kate? polling show that americans are looking for compromise to get through this debt crisis. senators in the gang of six say that s exactly what they re offering here with their plan, but there are real questions if they can ....

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