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Budget: Debt Ceiling / Plans #997983

CBS Evening News for Tuesday, Jul 19, 2011
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(Studio: Bob Schieffer) Report introduced.

(Washington: Nancy Cordes) The Democratic response to a Republican House plan for the budget deficit and the Senate "Gang of Six" plan examined; details given about the "cut, cap and balance" and Senate plans. [Representative Alcee HASTINGS†- says it won't become law.] [Representatives Mike PENCE†, Chris VAN HOLLEN - debate.] [Senators Dick DURBIN, Lamar ALEXANDER, Mike JOHANNS†- comment on the Senate plan.]

(Studio: Bob Schieffer) The response of President Obama to the "Gang of Six" proposal noted. [OBAMA - says we don't have enough time....& there is potential for consensus.]

(Studio: Bob Schieffer; Washington: Norah O'Donnell) The bipartisan comprehensive package with spending cuts and tax reform discussed.

Schieffer, Bob;
Cordes, Nancy;
O'Donnell, Norah

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