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Budget: Debt Ceiling / Politics #998998

NBC Evening News for Sunday, Jul 31, 2011
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(Studio: Brian Williams) The question of whether there will be a deal in Congress on the budget/debt crisis of a default.

(Capitol Hill: Kelly O'Donnell) The day's talks towards a compromise reviewed; details given about the shape of the deal: raising the debt ceiling in two installments, a super committee to find more savings, automatic spending cuts and new concerns about defense cuts. [Senators Mitch McCONNELL, Harry REID; on "Meet the Press," White House adviser David PLOUFFE; in Washington, Virginian Jim ENGLEHART, North Carolinian Marsha McLANE†, Tennessean Madge DEACON†; On CNN, Senator Charles SCHUMER - comment.]

(Studio: Brian Williams) Report introduced.

(White House: Chuck Todd) The White House view of the deal with the threat of defense cuts and the "trigger" and how this will get through the House reviewed.

(Studio: Brian Williams) The damage the political process has had on the economic numbers like the stock market noted.

(Studio: Brian Williams, Carl Quintanilla) How the market would like any compromise with concerns about the jobs numbers discussed.

(Studio: Brian Williams; Washington: Andrea Mitchell) A look at this political crisis in which all branches of government seem to be dysfunctional and in gridlock with so little leadership with the new members willing to tear down the place discussed.

(Studio: Brian Williams) Tonight's special on a day in the life of the US Capitol previewed.

Reporter(s):
Williams, Brian;
O'Donnell, Kelly;
Todd, Chuck;
Carl, Brian Williams,;
Mitchell, Andrea
Duration:
00:08:40

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