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CNNW CNN Newsroom July 29, 2011



hands. keep in mind, this is not a situation where the two parties are miles apart. we re in rough agreement about how much spending can be cut responsibly as a first step towards reducing our deficit. we agree on a process where the next step is a debate in the coming months on tax reform and entitlement reform, and i am willing and ready to have that debate. if we need to put in place an enforcement mechanism to hold us accountable for making the reforms, i will support that too if it s done in a smart and balanced way. so there are plenty of ways out of this mess. but we are almost out of time. i want to bring in cnn s joe johns to tell us where things stand at this moment. how is speaker boehner trying to reach his magic number of 217? randy, when i was listening to you at the top sounded like you were describing theater of the absurd. house republicans are inches closer to fixing their problem in the house of representatives. i think we have pictures now of t ....

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CNNW CNN Newsroom July 29, 2011



already for so many people. so it s unbelievable. we just don t know. we re at a point where there is a lot of concern because it is so uncertain. and people are following it, they re talking about it. and they ll be doing that for the next two hours. hope fly we ll have something by the beginning of next week. live from studio 7, want to get you up to speed for this friday, july 29th. we re will thalmost out of time. those words from president obama. the deadline for raising the country s debt limit now just four days away. and congress and the white house still gridlocked over what to do. the president says there are plenty of ways out of this mess, but the clock is ticking. what s clear now is that any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people, not just one faction. itle have to have tsupport of both the house and senate. a lot of you understandably angry, frustr ....

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