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Detailed text transcripts for TV channel - KGO - 20110729:10:06:00

that says the u.s. guarantees it will pay all its debts. rob and tanya? so scary that it s gotten to this p pnt. it s amazing. not only the friction between democrats and republicans but within the gop. what this says about how well boehner can run the party. alsoso an important meeting in new york today. some of the largest banks in the country are going to get together to talk to treasury officials to map out doomsday scenarios. we ve got to be prepared. it looks grim right now. days left. next week. tuesday s the deadline. we ll see. in other news, congressman joe walsh says a report that he s a deadbeat dad is a political hit job. the illinois lawmaker is a star of the tea party known for accusing president obama with spending like a drunken sailor. but his ex-wife is suing him for $117,000 in child support. she says he claimed poverty to avoid paying then loaned his own campaign $35,000 to run for congress. now back to texas where police say it was a retired cop work

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