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Budget: Debt Ceiling / Politics #998984

CBS Evening News for Sunday, Jul 31, 2011
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(Studio: Russ Mitchell) Report introduced.

(Capitol Hill: Nancy Cordes) The moves toward a deal to end the budget/debt crisis examined; details given about the plan to raise the debt ceiling with deficit cuts with a bipartisan committee defining further cuts with a trigger. [Senators Harry REID, Mitch McCONNELL; Representative Joe WALSH - offer views on a deal.] The situations in the House and Senate discussed.

(Studio: Russ Mitchell) Report introduced.

(White House: Bill Plante) The return of President Obama to the budget negotiations with talks with top political leaders reviewed; details given about what would be on the table for spending cuts and the social issues involved. How Obama will have to deal with the Democratic liberals and the targeting of the independents in the middle discussed.

Mitchell, Russ;
Cordes, Nancy;
Plante, Bill

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