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Transcripts For CNNW Anderson Cooper 360 20110721

self-imposed deadline for a deal and still there is no deal. some on capitol hill, some of even the president s allies are saying this is now in their view time to cut bait and stop going for this big deficit reductions package they ve been talking about and just find the easiest path forward to get the debt ceiling raised and worry about deficit reductions at another time. you know, it seemed like there was some enthusiasm and some progress yesterday. but if the two sides are even further dug in, even further apart so to speak, why is the president still pushing for something big? reporter: well, there s the overt politics of it. he seems to be nominally winning. the republicans in public polls are doing less well and are getting more blame than the president, in part because he s going for something big. but there s also just the simple fact that they have to figure out a way to get votes in the house of representatives to raise the debt ceiling. and they can t get thos

Transcripts For CNNW Anderson Cooper 360 20110721

becoming an abnormal crisis. what happened today? reporter: well, there was a lot of process, sanjay. and a lot of discussion and still no break through is the bottom line. we are less than two days away from the president s self-imposed july 22nd deadline for a deal. and still there is no deal. and now some on capitol hill, some of even the president s allies are saying this is now in their view time to cut bait and stop going for the big deficit reductions package they ve been talk about and find the easiest path forward to get the debt ceiling raised and worry about deficit reductions at another time. it seem like there was some enthusiasm and progress yesterday. but if the two sides are even further dug in, even further apart so to speak, why is the president still pushing for something big? reporter: well, there s the overt politics of it. he seems to be nominally winning. the republicans and public polls are doing less well and are getting more blame than the pres

Transcripts For CNNW CNN Newsroom 20110720

koulson quit the job in january, and was arrested last month. now, the prime minister is now in the mood to apologize. what the public expect is not pedestriany political point scoring, but [ jeering ] what they want is to solve the issue out once and for all, and it s in that spirit i commend this comment to the house. just yesterday rupert murdoch, his son james, and top british executive for news corp, rebekah brooks, were in front of the committee. of course, there s the prime minister, david cameron facing the single biggest crisis in his 15 months as prime minister. we have been watching the spectacle. is cameron s leadership really under threat here? reporter: well, it certainly is being tested to the absolute limit. yesterday it was rupert and james murdochs time to be grilled, and now it s cameron s day to face the music, and he was asked repeatedly in his decision to hire andy coulson, and now coulson has been arrested as part of the investigation. let s hea

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