× 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 / Bernanke / Negotiations / Obama Interview #997483

CBS Evening News for Wednesday, Jul 13, 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.

(Studio: Russ Mitchell) The pressure on Congress and the president to reach a deal on the debt ceiling introduced.

(Washington: Nancy Cordes) The warning from Federal Reserve Board chairman Ben Bernanke to Congress about the need to raise the debt limit featured; details given of the math on the government's shortfall. [BERNANKE - says there would be significant cuts after August 2.] [Representative Nancy PELOSI - believes the US will pay its bills.] [Representative Louie GOHMERT†- questions the president's scare tactics.]

(Studio: Russ Mitchell) Report introduced.

(White House: Chip Reid) The budget negotiations between President Obama and Congressional leaders reviewed; photos from the negotiating session shown; a statement from Representative John Boehner quoted; details given about the breakdown of the "big deal."

(Studio: Russ Mitchell, Anthony Mason) Moody's threat to review America's credit rating discussed; Moody's statement on a default quoted.

(Studio: Russ Mitchell) Report introduced.

(White House: Scott Pelley) An excerpt from the CBS interview with Obama presented. [OBAMA - says a default would lead to: a rise in interest rates for everybody; comments on the meetings in which politics and ideological differences being set aside.]

Reporter(s):
Mitchell, Russ;
Cordes, Nancy;
Reid, Chip;
Anthony, Russ Mitchell,;
Pelley, Scott
Duration:
00:06:00

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.