× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Economy: Budget/Debt Ceiling / Stock Market #998882

ABC Evening News for Friday, Jul 29, 2011
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: Diane Sawyer) The distress in the economy as chaos continues over the debt with worries about a recession outlined. [President OBAMA - says we could lose our AAA credit rating.]

(Studio: Bianna Golodryga) The drop in the stock market in response to the political stalemate over the budget examined. [Charles Schwab and Co. Liz Ann SONDERS†- comments on the confidence gap and lack of job growth; states the political game is maddening.] [In Massachusetts, small business owner Bill WEISSMAN†- says we have no idea where the economy is heading.]

(Studio: Diane Sawyer) The countdown to crisis clock shown.

(Washington: Jonathan Karl) The House passage of Speaker of the House John Boehner's budget bill after he caved in to the conservatives examined; details given about the role of Tea Party members in forcing Boehner to give in on a balanced budget amendment. [BOEHNER - says the House has acted; calls for something on the table from the Senate.] [Representative Jason CHAFFETZ†- says he cannot raise the debt ceiling.]

(Studio: Diane Sawyer) Report introduced.

(White House: Jake Tapper) The response of the White House to the stock market and fragile economy, concerns about House Republicans and "theoretical conversations" about negotiations reviewed.

(Studio: Diane Sawyer) What five ordinary Americans have to say about the debt crisis previewed.

Reporter(s):
Sawyer, Diane;
Golodryga, Bianna;
Karl, Jonathan;
Tapper, Jake
Duration:
00:06:50

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.