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Budget: Debt Ceiling #998103

CBS Evening News for Sunday, Jul 17, 2011
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(Studio: Russ Mitchell) Report introduced.

(White House: Whit Johnson) The hopes for a big budget deficit deal before the August 2 deadline featured; details given about talks between President Obama and Speaker of the House John Boehner about possible deficit reductions and increase taxes, what Republicans and Democrats want. [White House OMB director Jack LEW†- says something could get done.] [BOEHNER - comments on the cut, cap and balance plan.] [Senator Richard DURBIN - responds.] Plan B being worked on by Senators Mitch McConnell and Harry Reid outlined. [Senator Tom COBURN - comments on the McConnell plan; calls for picking half of the possible savings.]

Reporter(s):
Mitchell, Russ;
Johnson, Whit
Duration:
00:02:10

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