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Budget: Debt Ceiling / "Gang of Six" #998033

CBS Evening News for Wednesday, Jul 20, 2011
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(Studio: Russ Mitchell) The nearing of the deadline to raise the debt ceiling noted.

(Washington: Nancy Cordes) A new bipartisan Senate plan to slash 3.7 trillion from future budget deficits examined; details given about the so-called "Gang of Six" senators with photos shown. [June 23, Senators Harry REID, Mark WARNER, Representative Jared POLIS†- comment.] The opposition from liberal Democrats and conservatives to tax revenues outlined on screen. [Representative Jason CHAFFETZ†- comments on the House plan.]

(Studio: Russ Mitchell) Report introduced.

(White House: Norah O'Donnell) President Obama's separate meetings with Democrats and Republicans to try to reach a broad agreement and how to get things done in time reviewed.

Mitchell, Russ;
Cordes, Nancy;
O'Donnell, Norah

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