× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Budget / Debt Ceiling #1003852

NBC Evening News for Friday, Jul 29, 2011
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.

(Studio: Lester Holt) The House approval of the Republican plan to raise the debt ceiling and cut spending reported; scenes shown from the House.

(Studio: Kelly O’Donnell) The countdown to the deadline on a debt deal featured; details given about Speaker of the House John Boehner’s addition of a balanced budget Constitutional amendment in order to win support from conservatives. [Representative Darrell ISSA†- states he hopes they act as adult leaders.] [Representative Phil GINGREY†- says he is now a yes.] [Senator Richard DURBIN†- criticizes the amendment.] [President OBAMA – calls for pressure on lawmakers.] [Congressional STAFFER – notes people will call and wait for 60-90 minutes.] [Senator Harry REID – says compromise is not a bad word.] [BOEHNER – says he stuck his neck out to get an agreement with the president.]

(Studio: Lester Holt) Report introduced.

(White House: Chuck Todd) The long weekend ahead in Washington previewed; details given about negotiations between Reid and Senator Mitch McConnell and about the Republican senators working with Reid on a compromise bill.

(Studio: Lester Holt) GDP figures cited; Stock Market Report.

(Studio: Lester Holt, David Faber) The depth of the recession, the weakness of the economy and consumer nervousness discussed.

(Detroit: Ron Allen) The concerns of business owners and consumers about the economy due to the anxiety over the debt crisis examined; details given of concern about rising interest rates. [In Detroit, 1917 American Bistro owner Donald STUDVENT††- says he wants to continue growing.] [In Chicago, machine factory owner Craig SHIELDS‡- notes Washington doesn’t understand how uncertainty affects you.] [Realtor Donna SCHWAN††- notes buyers are nervous.] [Financial planner Gwendolyn KIRKLAND‡- notes clients are waiting for the deal to be inked.] The possibility the US credit rating will be downgraded noted.

(Studio: Lester Holt) Program Note

Holt, Lester;
O’Donnell, Kelly;
Todd, Chuck;
David, Lester Holt,;
Allen, Ron

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.