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Budget: Debt Ceiling #997933

CBS Evening News for Monday, Jul 18, 2011
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(Studio: Bob Schieffer) Findings of a CBS news poll on the public view of handling of the debt ceiling crisis by President Obama and by Congress outlined on screen.

(Studio: Bob Schieffer) Report introduced.

(Washington: Norah O'Donnell) New details about Obama's meeting with top Republicans on Sunday about the budget as the August 2 deadline nears featured; CBS poll findings on blame and compromise on spending cuts and taxes cited. [OBAMA - says we can't let politics stand in the way of doing the right thing.] [July 15, Speaker of the House John BOEHNER - says tax hikes destroy jobs.]

(Studio: Bob Schieffer) Report introduced.

(Capitol Hill: Nancy Cordes) The lack of confidence in a deal examined; details given about a plan from Senators Harry Reid and Mitch McConnell that is opposed by conservatives, who support a plan called "cut, cap and balance." [McCONNELL - says the crisis has to be resolved.] [Representative Bill FLORES - opposes the McConnell plan.] [Representative Jason CHAFFETZ†- promotes cut, cap and balance.] [White House press secretary Jay CARNEY†- opposes the plan.] The Republican push for a balanced budget amendment noted.

Reporter(s):
Schieffer, Bob;
O'Donnell, Norah;
Cordes, Nancy
Duration:
00:05:00

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