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opportunity to do something big. we have a chance to stabilize america s finances for a decade, for 15 years or 20 years. if we re willing to seize the moment. what that would require would be some shared sacrifice and a balanced approach that says we re going to make significant cuts in domestic spending. and i have already said i m willing to take down domestic spending to the lowest percentage of our overall economy since dwight eisenhower. it also requires cuts in defense spending. and i ve said that in addition to the $400 billion that we ve already cut from defense spending we re willing to look for hundreds of billions more. it would require us taking on health care spending. and that includes looking at medicare and finding ways that we can stabilize the system so that it is available not just for this generation but for future generations. and it would require revenues. it would require, even as we re asking the person who needs a student loan or the senior cit ....
welcome, everybody. it is friday, july 15th. i m soledad o brien. you are watching snoonk kiran is off, christine is off, welcome soledad. good to see you. thank you. we have a lot to do today. let s get right to it. serious new pressure on rupert murdock and his global media empire. the justice department says it s now investigating the claims that one of its tabloids tried to hack 9/11 victims phones. a report in another british tabloid, the mirror quoting a source who says news of the world, the newspaper which folded under the pressure of the hacking scandal, hired an investigator to try to tap the phones. now lawmakers, law enforcement, and 9/11 families are all demanding the truth. susan candiotti following the latest for us on this and breaking, one casualty of the news international, rebekah brooks has resigned. the question is, does this mean that the walls are crumbling at news corp. it s too early to say, bulls this is a crack in the wall. she was ....
i tell him? sure. it is june 18th. june the 18 pth this year, saturday. sadly, we know how that worked out. hef breaks his silence on the runaway bride. and he ll be introducing me to his new loves. this is piers morgan tonight. casey anthony will be a free woman in days. sunday she ll be released after being found not guilty in the death of her 2-year-old daughter caylee. joining me now is the woman who was at her side throughout that infamous trial. attorney dorothy clay simms. when i say infamous, it s attracting so much attention. so much speculation. and as you will be very aware, a lot of negativity towards your client. what was your overview? were you even remotely surprised at the verdict? well, i feared for the worst and hoped for the best. that was how i went into the courtroom when we were told it was time for the verdict to be read. there were a lot of emotions that were washing over me at that time. i can t even begin to explain. overwhelming gr ....
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 ....
hammered with angry questions. egyptians take security into their own hands. even some children are armed with illegal guns. the revolution giving way to a wild west mentality. i m wolf blitzer. you re in the situation room. the united states is another day closer to a possible default on its debts. 19 days before the deadline there s no sign that political leaders are any closer to preventen an unprecedented and frightening train wreck. right now members of congress are in the fifth straight day of talks aimed at raising the debt limit. the frustrations and tempers have been laid bare. let s go to our chief white house correspondent jessica yellin. she s over there with the latest. what do what do we expect from the negotiations? as you know, it s been 24 hours of extremely high tension with each side accusing the other of political posturing. now they re back to see if they can sal van these negotiations or if they have to move on to plan b, or maybe plan c. t ....