Live Breaking News & Updates on Monday July The 18th

government goes about raising debt ceilings. senate leaders from both parties are hammering that out. the kick the can deal, a short-term deal that would raise the debt ceiling for a few weeks or months. the president has said he doesn t like that idea. coming up next the just get to 2012 deal, a compromise that would give the government spending power to get through the president elections. fourth, the grand compromise, the one the president is pushing for, the long-term deal that could take a big bite out of the deficit. two big head lines, the casualties keep coming and the scope keeps widening. rebekah brooks arrested. the woman once headed up his british papers, she s out on bail. headline two, the head of scotland yard resigns. sir paul stevenson is quitting over criticism how he handled the saga. as commissioner i carry ultimate responsibility for the position we find ourselves in. with hindsight i wish we had sunlged matters involve this affair differently. ....

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