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Budget: Debt Ceiling / Politics #998932

CBS Evening News for Saturday, Jul 30, 2011
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(Studio: Russ Mitchell) Report introduced.

(Capitol Hill: Nancy Cordes) Talks to cut a deal on the budget/debt crisis examined. [Senator Mitch McCONNELL - says we can get an agreement soon.] [Senator Harry REID - responds.] [Representatives Steny HOYER, DREIER, two MEN - bicker.] [Speaker of the House John BOEHNER - expresses confidence about an agreement.] Where Tea Party member stand on a potential last-minute agreement discussed.

(Studio: Russ Mitchell) How Apple computers has more cash on hand than the US Treasury noted.

(Washington: Sharyl Attkisson) A look at priorities for spending without a budget deal examined; Bipartisan Policy Center statistics cited; details given about what could/could not be paid for. [White House press secretary Jay CARNEY†- says choices have to be made.] [Bipartisan Policy Center Jim POWELL - says bills will be paid in order.]

(Studio: Russ Mitchell) The low GDP figures cited.

(Studio: Russ Mitchell) Live discussion held with Egan- Jones Rating Co.†† managing director Sean Egan about the growth numbers. [EGAN - assesses the GDP; explains why the US has already been reassessed {negative watch} at AA rather than AAA.]

Mitchell, Russ;
Cordes, Nancy;
Attkisson, Sharyl

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