pbs. . i'm your new teacher, miss stacey.. she could pass for a teacher or even go on to university. our anne. diana? my little sister's awful sick with the croup. i would have been too late... you saved this little baby's life. i knew matthew was up to some foolishness. don't you like it? doesn't gilbert look dashing tonight? i hadn't noticed him. i want to wish you all the luck in the world, anne.

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pbs.org. there you can watch any programs that you may have missed or you >> susie: that's "nightly business report" for tuesday, july 12. i'm susie gharib. good night everyone, and good night to you too, tom. >> tom: good night susie. i'm tom hudson. good night everybody. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> be more. pbs.

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pbs.... i'm your new teacher, miss stacey. she could pass for a teacher or even go on to university. our anne. diana? my little sister's awful sick with the croup. i would have been too late... you saved this little baby's life. i knew matthew was up to some foolishness. don't you like it? doesn't gilbert look dashing tonight? i hadn't noticed him. i want to wish you all the luck in the world, anne.

pbs.

to order this dvd, call 1-800- play-pbs or visit online at shoppbs.org.

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to order, visit shoppbs.org or call 1-800-play-pbs. turn to pbs... for stories that define the american experience. it was wild and out of control the flash apparently official revealing our strengths... it shall be called the hoover dam our struggles. he said it is madness beyond measure putting you into history... and taking you to the moment. we have a liftoff these are our stories. it's felt experience our american experience. only on pbs. >> tom: i'm tom hudson with a "n business report" news brief. president obama wants democratic republican leaders to come to th white house thursday to talk abo solving the nation's looming deb crisis. there's less than a month to go uncle sam reaches his borrowing stocks on wall street ended the pretty much where they started. the dow fell 13 points, the nasd gained 9 and the s&p 500 slid a oil prices headed higher on conc about shrinking supply. august crude closed up almost $2 $96.89 a barrel. tomorrow, hilary kramer is our " critique" guest. email your questions to streetcritique@nbr.com. for more financial

pbs.. i'm your new teacher, miss stacey. she could pass for a teacher or even go on to university. our anne. diana? my little sister's awful sick with the croup. i would have been too late... you saved this little baby's life. i knew matthew was up to some foolishness. don't you like it? doesn't gilbert look dashing tonight? i hadn't noticed him. i want to wish you all the luck in the world, anne.

. >> and by contributions to your pbs station. thank you. [captioning made possible by kcet public television] tavis: we continue our look at the work being done to deal with those who have been falsely accused and wrongly convicted. the human toll on the innocent people behind bars is only part of the story. the debate over using taxpayer money is front and center. consider what these cases are costing us all. 85 cults convictions over a 35- year period have cost taxpayers $240 million. that figure will rise to $300 million or more after lawsuits are settled. in 81 of the cases, the study found misconduct or error on the part of state officials. we will hear more about the part -- about the work being done at northwestern university. the story of ken berry, falsely accused of a crime while on duty as a police officer. you know something about patience. after all that you have been doing. thank you for your patience. let me give you the microphone. give me the back story. the fact that one was in law enforcement and this can happen while you

and by contributions to your pbs station from viewers like you. thank you. >> lehrer: senate democrats vowed to stay in session around the clock to resolve the debt crisis. house republicans modified their plan with hopes of swift passage and president obama appealed again for compromise. "newshour" congressional correspondent kwame holman has the latest from the capitol. >> we cannot wait for the house any longer. it is time for republicans to stop the political games and embrace compromise. >> reporter: those words from the senate's top democrat majority leader harry reid reverberated across the capitol, as lawmakers remained divided over how to avoid a potential default. reid announced he would move forward on a plan to cut the deficit by $2.2 trillion over the next decade. the proposal would raise the debt ceiling by $2.7 trillion to allow the government to continue borrowing through early 2013. in addition, reid's plan would establish a joint congressional committee to come up with recommendations for additional deficit reduction methods. unl

for others, the pbs fusshour continues in a moment. -- pbs newshour conditions in a moment. >> ifill: so as washington struggles with a solution what might americans have to fear if an agreement isn't reached in time. for that i spoke earlier this evening with nariman behravesh of ihs insight and kill huh of the pew center of the state. >> we were talking about consequences here tonight. they seem to move a few steps forward, a few steps back, which are the consequences we think are are theoretical and which ones are rule? >> well, i think a default is theoretical in the sense that the treasury department would not default on our interest payments. that would be a top priority. so i don't think there will even be a technical default. that's the least likely of all the scenarios. the most likely if in fact we go past the august 2 deadline is in fact slashing all kinds of spending including, one has to say, social security, because it's a 40% gap between revenues and spending. that's a big gap. it means a lot of programs would be cut. that would drive the u.s. into a recession. i think

it aired on pbs in march 2009. here's an excerpt. the narrator is actress jane alexander. >> in 1970, watergate, women's rights and vietnam. tumultuous time catapulted gerald ford and his wife betty into the whitehouse. he was plain spoken, she was outspoken. >> it is impossible to overestimate the impact that betty ford had on the office of the first lady. she changes everything about the role of the first lady. >> in betty ford's brief and unexpected reign of first lady, she broke the mold. she was a pro choice republican who became the first first lady to take on a female anyone agenda and the first to debate it with her husband. >> i'm outspoken sometimes at the detriment of my husband's role. >> for her to be honest about her bout of breast cancer and drug and alcohol abuse saved millions. it was an incredible and sometimes painful journey. on august 8th, 1974 a shocked nation watched president nixon's final broadcast. >> i shall resign the presidency effective at noon tomorrow. vice president ford will be sworn in as president

and by contributions to your pbs station from viewers like you. thank you. >> brown: the firestorm over phone hacking in britain put media magnate rupert murdoch on the hot seat today before a committee of parliament. along with his son and a former top executive, murdoch faced close questioning, and a closer encounter with a pie plate. outside, the sidewalks were crowded with protesters against the murdochs and their newspapers, and british prime minister david cameron. inside, rupert murdoch was confronted by british lawmakers over allegations that his tabloids hacked the phones of celebrities, royals, slain soldiers, and murder victims. at the outset, he and son james, the current c.e.o. of news corporation, set a tone of contrition. >> these actions don't live up to the standards our company aspires to everywhere around the world. and it is our determination to put things right, make sure this doesn't happen again, and to be the company that i know we've always aspired to be. as for my comments, mr. chairman, and my statement, which i believe

and by contributions to your pbs station from viewers like you. thank you. >> ifill: with little more than a week until the debt ceiling deadline, lawmakers on both sides of capitol hill offered competing plans today on how to avert a crisis. and late today, the white house announced that president obama will weigh in as well, with a prime time address to the nation tonight. newshour congressional correspondent kwame holman begins our coverage. with the most recent hopes of a bipartisan plan fading house speaker john boehner unveiled his own debt strategy this afternoon. >> it's time to get serious about solving america's problems. and i believe our plan is a good step in the right direction. >> it would unfold in two stages. first a six month $1 trillion increase in the debt ceiling coupled with $1.2 trillion in spending cuts. then a congressional commission would work to come up with an additional $1.8 trillion in cuts including entitlement and tax reform to raise revenue. but president obama has ruled out any action that does not raise the debt

and by contributions to your pbs station from viewers like you. thank you. >> woodruff: at least 17 people were killed today in two terror attacks in norway. so far, one person-- a norwegian man-- has been arrested. in the first attack, a bomb exploded outside government buildings in oslo, where at least seven people died. ten more were killed in the second attack, on a nearby island, when a gunman opened fire at a youth camp. we begin with a report narrated by lindsey hilsum of independent television news. >> fear in his voice, death on the streets of oslo. anywhere this scene would be shocking. in peaceful norway it is stunning. but for norway there was more horror to come. on a peaceful island near the capitol, the scene of a massacre. the bodies of more than a dozen people, motionless on the shore. a double mass murder, connected, say police. but who did this? >> this is just minutes after the explosion and the very heart of the capitol. there's been a bomb but no one you're seeing knows where it came from or what might happen next. this is th

and by contributions to your pbs station from viewers like you. thank you. >> brown: the sexual assault case against dominique strauss-kahn took a surprise turn today into legal limbo. it gave new hope to the former head of the international monetary fund, whose career collapsed when he was arrested in may. strauss-kahn walked out of a new york city courtroom this afternoon, free from house arrest, but still accused of attempted rape and other charges-- at lea, for now. during the hearing, it became clear that prosecutors are rethinking their case, based on mounting questions about the accuser, an immigrant hotel housekeeper from guinea. >> although it is clear the strength of the case has been affected by the substantial credibility issues relating to the complaining witness, we are not moving to dismiss the case at this time. >> the defense moves for the exoneration from bail in current conditions and dominique strauss-kahn's release on his own recognizce with the condition that his passport remain surrendered. >> i understand that circumstances

and by contributions to your pbs station from viewers like you. thank you. >> woodruff: congress and the president labored again today to break the debt ceiling stalemate. there were conflicting signals, but no outward signs of movement. "newshour" congressional correspondent kwame holman begins our coverage. >> reporter: the u.s. capitol swirled today with claims of progress toward agreement on cutting the deficit and raising the government's borrowing limit. one report had it that house speaker john boehner and president obama were close to a major deal, but at the white house, press secretary jay carney quickly denied it. >> there is no deal. we are not close to a deal. we are-- obviously the president is in discussions with all the leaders of congress, as well as other members, and exploring the possibility of getting the biggest deal possible. there is the potential here for a significant agreement. there are obviously differences, as there have been throughout this process. we believe there is momentum behind the idea of a balanced approach

and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the debt ceiling deadlock in washington led to increasingly urgent appeals for action today. but even as talks resumed, white house officials warned not to expect a hallelujah moment. fresh alarms sounded on wall street and around the world today about the consequences of a potential u.s. government default. standard & poors joined moody's in warning the country's credit rating could be downgraded, if the government tries to pay just the interest on its debt. and china said it hopes the u.s. adopts responsible policies. the chinese hold more than $1 trillion in u.s. debt, more than any other foreign creditor. at a senate hearing, federal reserve chairman ben bernanke-- testifying on the economy for a second day-- said lawmakers should heed the warnings. >> this is a tremendous asset of the united states, the quality and reputation of our treasury securities, and we benefit from it with low interest rates. so i would urge congress to take every step possible to