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Budget: Debt Ceiling #998514

CBS Evening News for Tuesday, Jul 26, 2011
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(Studio: Bob Schieffer) Report introduced.

(Capitol Hill: Nancy Cordes) The reaction of Americans to the ongoing stalemate in the efforts by President Obama and Congress to reach a deal on the budget crisis examined; details given about the phone calls to Washington and the plans from Boehner and Reid. [In speech, OBAMA - says let your member of Congress know.] [Senator Lamar ALEXANDER - comments on what callers are saying.] [Senator Harry REID - says Democrats will not vote for us.] [Speaker of the House John BOEHNER - criticizes the president.] [Representative Jim JORDAN - comments.]

(Studio: Bob Schieffer) Report introduced.

(White House: Norah O'Donnell) Obama's hope for a compromise on the two bills in Congress with him giving up on tax increases noted. [White House press secretary Jay CARNEY†- says we are in a stalemate; answers questions about options without revenue.] [White House adviser David PLOUFFE - talks compromise.]

(Studio: Bob Schieffer; White House: Norah O'Donnell; Capitol Hill: Nancy Cordes) The possibility of compromise discussed.

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

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