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Budget: Debt Ceiling / Boehner Bill / A Discussion / Paul, Hoyer Interviews #998613

CNN Evening News for Thursday, Jul 28, 2011
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(Studio: Anderson Cooper) Breaking news on Congressional moves to solve the debt crisis before Tuesday's deadline with a vote on Speaker of the House John Boehner's bill postponed reported. [BOEHNER - hopes to end the crisis.] [Representatives MAN, Connie MACK†, Trey GOWDY†- oppose Boehner's plan.] The drop in the stock market noted.

(Studio: Anderson Cooper; Washington: John King) Where Boehner's efforts to get more Republican votes is a credibility test for him, the uncertainty of the politics in Washington and a generational divide among Republicans discussed.

(Studio: Anderson Cooper; Washington: Gloria Borger) How the freshmen Congress members do not owe anything to Boehner and believe they were elected to cut spending, how compromise is the way things get done in Washington and we will likely wind up with House moderates having to get these things through discussed.

(Studio: Anderson Cooper) The opponents of compromise noted. [Representatives Michele BACHMANN , Joe WALSH†, Phil GINGREY, Louie GOHMERT†- state positions.]

(Studio: Anderson Cooper; Washington: Jessica Yellin) What is happening in the White House as it waits for the vote on Boehner's bill so it can move on to the Senate where a compromise is more likely under the rule of Senator Harry Reid discussed.

(Studio: Anderson Cooper) Earlier discussion held with Representative Ron Paul about the debt plan. [PAUL - explains why he won't support the Boehner bill: that debt is the problem; adds the debt limit will be raised; states it is a power struggle going on and the real problem is we are bankrupt; comments on what Senator John McCain said in anger about the party.]

(Studio: Anderson Cooper) Live discussion held with Democratic Representative Steny Hoyer about the Boehner bill. [HOYER - says we are seeing the party of "no" not being able to agree within itself with a leader unable to lead its members; agrees we have to get a handle on the deficit, but not put US credit at risk; indicates lifting the debt ceiling is aimed at paying bills; calls the Boehner bill a partisan alternative and his party is factionalized.]

Reporter(s):
Cooper, Anderson;
King, John;
Borger, Gloria;
Yellin, Jessica
Duration:
00:22:40

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