spring buying. prices rose in 16 of the 20 cities surveyed. meantime, consumer confidence slightly herer in july, up to 59.5 from june s 57.6 but still well below 90, and that s what it takes to indicate a healthy economy. so far the markets seem more focused on company earnings than the debt crisis. the dow down slightly right now, about 55 points, but eventually the markets will react to the lack of a debt deal. fox business network s rich edson live from washington with more on that. rich? reporter: well, jon, it stands on two different proposals right now, one pushed by republicans, the second naturally pushed by democrats. first off, to the senate plan, something offered by senate majority leader harry reid. cuts $2.7 trillion over ten years and then raises the debt ceiling through next year and into 2013. now, democrats say this is everything that republicans wanted. republicans say it s filled with budget gimmicks, so they ve proposed their own plan over in
we ll find out. all that coming up at the top of the hour. we ll see you here on move may america live. jenna: the debt crisis, in the meantime, could be aggravating debt stress at our homes. a new poll showing americans are more anxious about how they re going to pay off their personal debt, and many feel the recovery and d.c. s grip on the deficit are both wobbling. elizabeth mac donald from the fox business network has more details. reporter: hi, jenna. take a look at how americans are reacting to debt-related stress. about half of the country is worried about stress, one in five worries about debt most or all of the time, and take a look at what americans are saying about their stress levels. this is a survey of about a thousand adults done by the associated press in conjunction with another pollster. the question is what is your stress level? and you re seeing one in seven are feeling a great deal of stress and one out of three are feeling some stress.
communication, a plan that wasn t necessarily thought through but wasn t necessarily sinister? well, it was intentional. it wasn t well thought through. it was a cowboy mentality, and a person was murdered as a result of it. but the bad thing about it is that people at the grassroots as opposed to people up in washington that thought the program up, they tried to get atf to stop it because it wasn t going to work, and the prophesy became true with the murder of border patrol agent terry. jenna: who do you want to take responsibility for this? well, that s our main question. i want the person that s responsible at the highest level of government to come forth and say who he was jenna: is that eric holder? the he s the head of the justice department. you know, i d like to say i know that for a fact, but i don t. we don t know how high up in justice this goes. that s the whole motive of our investigation, or at least part of the motive of our investigation. jenna: senator grassley
william la jeunesse is live in los angeles with more. william. reporter: well, jenna this morning congress tried to get to the bottom of fast and furious. what we learned today is that lying and duplicity is alive and well at alcohol, tobacco and firearms. as top officials in washington and phoenix hid this program from their colleagues in the u.s. and mexico. secondly double speak. we heard the special agent in charge in phoenix bill newell leave members of congress speechless h exasperated and angry. he would say one thing, like guns don t walk, and the facts clearly show he allowed it to happen, he knew it and time and again it occurred under his watch. he said the purpose was to track the guns to expose the organization. agents have testified repeatedly they were not allowed to do that. even when they saw the transfer of money they were not allowed to follow it. congressmen repeatedly tried unsuccessfully to nail newell down. did you think it was a good
which in washington means, we spend more and you pay more. having run a small business i know those tax increases will destroy jobs. jenna: let s see if we can define the balanced approach a little bit better. meantime the clock is ticking for us right now. joining us white house budget director jack lew. nice to have you back on our show. good to be with you, jenna. jenna: does the president support any of the temporary fixes right now that are circulating on capitol hill? i think as the president said last night that the proposal that senate majority leader senator reid put together is a much better approach. it s something that would hit the target that the speaker has asked for, it would extend the debt limit into 2013, and it would do so in a way that we think could get certainly through the united states senate. so we hope that in the end the house and the senate are able to bring their bridge their differences and come up with a plan that the president too can support. jen