she came to washington, d.c. by circumstance, she ended up becoming the dress maker for mary lincoln, but also her confident and her friend. elizabeth spent a great deal of time at the white house just out of her work but also out of her closeness to mary who was actually alienated by many people in washington, d.c. because of her personality and her background. elizabeth also got to know -- she was in debt while lincoln was president. he more or less did not know the degree of it. she let elizabeth come up with a plan to secretly try to sell her dresses in new york city. but the plan does not go very well. >> before we run out of time, the 48th anniversary of the "i have a dream" speech, what does it mean? >> it means there is another step forward in the country reconciling its history. i say that because statues are important symbols of recognition. what this says is that we are at a point where we will recognize the contributions of martin luther king who gave his life for making sure that this country live up

she came to washington, d.c. by circumstance, she ended up becoming the dress maker for mary lincoln, but also her confident and her friend. elizabeth spent a great deal of time at the white house just out of her work but also out of her closeness to marry who was actually alienated by many people in washington, d.c. because of her personality and her background. elizabeth also got to know -- she was in debt wellington was president. he more less did not know the degree -- she was in debt while lincoln was president. he more or less did not know the degree of it. she let elisabeth come up with a plan to secretly let tercel her dresses in new york city. but the -- to sell her dresses in new york city. but the plan does not go very well. >> before we run out of time, the 48th anniversary of the "i have a dream" speech, what does it mean? >> it means there is another step forward in the country reconciling its history. i say that because statues are important symbols of recognition. what this says is that we are at

washington cigar wrappers and washington apples, washington ceremonial hatchets that he shot down a cherry tree with supposedly. it's all over the place. inevitably there is a reaction to it after the first world war moving into the 1920's and 1930's it's a different time from the 1800's. it's a time when people believe they needed to overturn the old ways of thinking, the old ways of doing things and patriotism and abroad and world war i has shown and the payment lead to destruction we have defined a new way. in the 1920's in america people began to feel that washington was part of that old way. and then entered robert hughes shown here rupert was a hollywood mogul and author and with another man named w. a. woodward decided they would keep on washington as being thpresentative of the old ways

and he is known in washington as mr. healthare, and he had been involved in all sorts of health care legislation for a couple of decades. and he tried very hard to influence the... the white house, and initially was an ally of the health care plan, but then in the end, worked... was one of those who worked to kill it. >> and this fellow. >> the other one is paul equale, who does represent the indendt insurer...nsance agents of america, and he, as the second picture shows, was once a mcgovernite with long hair and facial hair, and has evolved over his time in washington to the point where he deals at least as easily with republicans as with democrats, which is what lobbyists have to do. they have to go with the flow. and equale told us, he said, "you know, the one thing nice about being a lobbyist is that when catastrophic events like the 1994 election take place, thlobbyists watcthe trains carrying the dead away fm washington and wave good-bye, and they're still there to fight another day." >> whyid you pick this man as

and you know what happens in washington when the cuts are in the out years? unfortunately, our history has been that they don't get done. that's why i'm concerned about even the $917 billion claim in reductions, which is not a reduction in spending. i have also asked myself does this agreement in any way reduce the size of government? we know that this government has continued to grow even as state governments and families have made the tough decisions to downsize, to reduce, to live within their means. this deal does not cut or end one government program. in march, the g.a.o. came out with a report that identified hundreds of duplicative programs that happen here in washington where we could save billions of dollars. my colleague from oklahoma, senator dr. tom coburn, he has done the hard work of identifying hundreds and hundreds of duplicative programs where we could save billions and billions of dollars, yet this agreement does not reduce the size of government at all or end one of those programs. does it avoid a downgrading of our credit? unfortunately, i

washington cigar wrappers and washington apples, washington ceremonial hatchets that he shot down a cherry tree with supposedly. it's all over the place. inevitably there is a reaction to it after the first world war moving into the 1920's and 1930's it's a different time from the 1800's. it's a time when people believe they needed to overturn the old ways of thinking, the old ways of doing things and patriotism and abroad and world war i has shown and the payment lead to destruction we have defined a new way. in the 1920's in america people began to feel that washington was part of that old way. and then entered robert hughes shown here rupert was a hollywood mogul and author and with another man named w. a. woodward decided they would keep on washington as being representative of the old ways there were quite cynical about it, they bowed to the stories about where that originated from and is popular in the 1920's and was associated with henry ford and how she liked to say to me and nonsense. wa woodward and robert hughes and the elected troops being deloused in a world war i and said it

he said he would change the culture of washington. it wassen an almost impossible task. >> stephen: do you think he has raised negotiations about how fast you can cave in negotiations, unfairly? >> namely you ask them what they want and you give it to them. >> i think he has been injured by. 4lqj"brand has been injured by . they've looked to extreme, and too unbalanced. i don't think it helped republicans. i think it's possible this was a lose-lose for both sides. >> stephen: has it helped anybody? it's giving guys like you and me something to talk about. >> mitch mcconnell was helped a little bit because he stayed into the background. >> stephen: he just retreated into his shell. [laughter] al thank you so much. al hunt of bloomberg [ female announcer ] the subway® buffalo chicken is the featured $5 footlong™ of august. an all-time favorite, with tender chicken, spicy buffalo sauce and cool ranch, this august, the buffalo chicken joins our many everyday $5 footlongs! subway. eat fresh®. every.... ♪violin musical theme at 1800co

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they have to check of the washington monument and the washington cathedral. they're looking for possible cracks. it want to make sure it is structurally sound. take a listen to what people had to say about feeling in their very first earthquake. >> i looked out the window, i saw the building shaking. we are in a meeting and i said, i have to leave. >> another major concern, the nuclear power plants, one was 12 mi. away and automatically shut down. donald trump, by the way state in his office building and it worked. >> we are tracking a hot spot on highway 4, let's go to george for the update. >> we continue to see things improve on highway 4 in the westbound direction. that is starting to clear. the drive time is getting back to normal. we have a new problem in the south bay. 101 in the northbound direction. the problem was an accident past blossom hill road that slowed the traffic from highway 85, pushing the drive time up to 26 minutes in the 80 interchange. normally that should be 12-14 minutes. you might want to use highway 880854 highway 88087 if you are

on washington." "washington journal" host: good morning. in this edition of the "washington journal, we asked the question, what is killing jobs? we got this from the "baltimore sun." charles campbell says that free treat -- free trade is sending jobs overseas. on the other side, lack of workers train for today's needs is the cause of u.s. employment was. we want to find out from you what you think is killing jobs here in the united states. if you want to get involved in the conversation, give us a call. the telephone numbers are on the screen. you can also get in touch with us with social media. our e-mail address is a journal @c-span.org. if you want to get them off of that conversation at a speck -- at facebook, go to our page. we are beginning this edition of the "washington journal" with a look at the "baltimore sun." care debate as to what is killing jobs. charles campbell is a senior vice president formerly of coal oil. he says it is obvious. charles campbell finishes up by saying that the qua

not only the white house but the president's house that george washington lived in when he was washington lived in when he was in philadelphia forpre slenting. each chapter opens with a long narrative about a particular individual that i thought really captured the moment and era in broad strokes? terms of the race politics and presidential politics of the period. >> who is oni? >> i had never heard of this woman at all. all of us who grew up in the united states learned the history of the first president. we certainly learned about george washington and stories about him cutting down cherry trees and never telling a lie. what we had very little information were the individuals that were enslaved to him. oni was one of the nine slaves that travelled and lived with him during the presidency. for most of his presidency in philadelphia, she was there. young woman. early 20's, 21, 22. she found out in early 1796 that martha washington was planning to give her away as a wedding gift. during slavery, they were given away. this was upsetting to her, the waubs had promised when they died, they wo

. >> estado unidos, y millones de residentes se trasladan de washington a nueva york, las autoridades evacuan los principales edificios del gobierno >>> en libia se vive una jornada histórica, los rebeldes se apoderaron del cuartel de muamar gadafi >>> en su viaje rumbo a estados unidos, se prepara desde la florida hasta las carolinas >>> una victoria decisiv , un juez le retiró los cargos penales por violación sexual >>> este es su noticiero univisión. [♪] . >>> hola, ¿qué tal?, muy buenas noches, hoy es un día espectacular de noticias, estamos viendo las 3 principals la toma del cuartel de muamar gadafi, el avance del huracán irene y el temblor 5.9 que afectó a varios estados del este de estados unidos, fue muy intenso empezamos con la última, en más de 100 años no se había sentid la tierra temblar en esa región sacudió los nervios de millones de residentes, que salieron despavorido en las calles, el tráfico aéreo y terrestre quedó paralizado por momentos >>> la casa blanca se estremeció ante la fuerza de un terremoto de magnitud 5.8 a 6 en la escala de richter

s&p condemned the political disfunction here in washington. the gridlock in washington. let's put up what they said: the political brinksmanship of recent months highlight was we see as america's governance and policy making becoming less stable, less predictable than what we previously believed. no question that if they had passed your budget, that that would have vol -- would have solved the debt problem. the cans are they weren't going to balance your budget. the failure to compromise the two sides, isn't that part of the problem? >> let me first say, both political parties are responsible for the mess we have now. this is not a republican or democrat-only problem. i would argue that over the last couple of years, we've gone deeply in the wrong direction. the kind of compromise you need to actually fix the structure of our debt, like the gentleman just said previously entitlements. our partners on the other side of the aisle the president and senate have been unwilling to put a plan out there to address entitlements. specifically health care of the president created t

he said he would change the culture of washington. it wassen an almost impossible task. >> stephen: do you think he has raised negotiations about how fast you can cave in negotiations, unfairly? >> namely you ask them what they want and you give it to them. >> i think he has been injured by. 4lqj"brand has been injured by . they've looked to extreme, and too unbalanced. i don't think it helped republicans. i think it's possible this was a lose-lose for both sides. >> stephen: has it helped anybody? it's giving guys like you and me something to talk about. >> mitch mcconnell was helped a little bit because he stayed into the background. >> stephen: he just retreated into his shell. [laughter] al thank you so much. al hunt of bloomberg [cheers and applause] >> stephen: that's it for the report. good night. [cheers and applause] captioning sponsored by comedy central captioned by media access group at wgbh access.wgbh.org chappelle's show ♪

she left and went to washington for her first board meeting. after she had flown through senate confirmation much faster than i ever did for anything i was appointed to and she got there and said, what do we do? do you know what the corporation does? it spends $957 million of your dollars every year getting people to volunteer in their local community. help a brother to understand. has anybody here ever volunteered for anything? did the national government have to come here and get you to volunteer? my friends, there's going to have to be a whole lot of cuts in activity just like that. but we've got to be more than just an austerity program. we've got to go about the business of creating wealth and prosperity and jobs in this country. and it seems to me one of the first places we have the look at is our tax code. my dad was a retired texas high school football coach. and that old football coach would say if your team isn't winning and other teams are, you might want to sort of do what they're doing. we can look around the world, look at some of

that's exactly what happened at the march on washington. and actually i should say something on that point. even though he would ask his aides to do -- to do drafts for him on pretty rare occasions, he would also -- his aides would also rework material that they had heard king use before. so it wouldn't be like, you know, someone writes something and then king just takes it. if you've ever done any speechwriting it's something that you tend to do and you hear something the principal says and you think of another way to reword it and then king would say -- king would see it and he would like some of it and he wouldn't like other parts and he would take what he could use and reform late it and jettison the rest. we have time for one more. yes. >> i wonder if you could comment on any relationship or communication that dr. king might have had with president kennedy? >> absolutely. there were a fair number of t m them. king, just thinking back to the june 1963 speech that i mentioned a year ago in response to the question about president kennedy

s&p condemned the political disfunction here in washington. the gridlock in washington. let's put up what they said: the political brinksmanship of recent months highlight was we see as america's governance and policy making becoming less stable, less predictable than what we previously believed. no question that if they had passed your budget, that that would have vol -- would have solved the debt problem. the cans are they weren't going to balance your budget. the failure to compromise the two sides, isn't that part of the problem? >> let me first say, both political parties are responsible for the mess we have now. this is not a republican or democrat-only problem. i would argue that over the last couple of years, we've gone deeply in the wrong direction. the kind of compromise you need to actually fix the structure of our debt, like the gentleman just said previously entitlements. our partners on the other side of the aisle the president and senate have been unwilling to put a plan out there to address entitlements. specifically health care of the president created t

he said he would change the culture of washington. it wassen an almost impossible task. >> stephen: do you think he has raised negotiations about how fast you can cave in negotiations, unfairly? >> namely you ask them what they want and you give it to them. >> i think he has been injured by. 4lqj"brand has been injured by . they've looked to extreme, and too unbalanced. i don't think it helped republicans. i think it's possible this was a lose-lose for both sides. >> stephen: has it helped anybody? it's giving guys like you and me something to talk about. >> mitch mcconnell was helped a little bit because he stayed into the background. >> stephen: he just retreated into his shell. [laughter] al thank you so much. al hunt of bloomberg hi, mom. how was school today? [ girls ] good. ♪ ♪ thank you! ♪ phew! [ ernie ] we make our cookies the way only keebler elves can: with a little something extra. so every bite can be uncommonly good. [ man ] i love you guys. [ laughs ] i mean, just, you know, the whole heist thing. just putting jew

she is concerned about the spending in washington. julie johnson is from jupiter and says can't congress cut off the ridiculous -- [applause] can't congress cut off the travel allowance to the president and his family? [laughter] [applause] >> this is on c-span, isn't it? [laughter] >> in the military, they teach you leadership begins with the leader. it is about setting the right example. i think if the president is going to be watching me, camera 1, we need you to lead by example. the american people are hurting. [applause] >> this is a question from judith mcginnis from north palm beach. she specifically wants to know what we can do to make public schools more accountable. [unintelligible] >> as i said, back in the late 1970's, the decision was to take education out and make it a separate department. back in the 1970's, the department of education had about 500 employees. had a budget of $19 billion. the department of education today has closer to 5000 employees and a budget of $85 billion. education in the united states of america

to be out in the country saying send me back to washington and i'll fix washington? >> reporter: i think it's incredibly steep not just because washington is so gridlocked but also because the economic picture is so grim and people do tend to vote with their pocketbooks. but it's not in the view of the advisers to the president insurmountable and that's because in their view, john, he remains personally well liked, because if you look at, for example, a recent "washington post" poll, about 53% of americans are saying that they are still going to vote for him or open to considering voting for him. their argument, take it or leave it, their argument is that americans continue to keep an open mind to him because they think he's trying hard. and so among other reasons and they like him personally, so if you listen to him today, what you're hearing to him he's revealing a bit of this frustration that i'm hearing from them behind closed doors, now he's showing it in public view, which is both an honest frustration and also a message to independents that he's trying to brea

one is incredible dysfunctionality in washington. if we can't sort out a self-inflicted wound, what about all the other challenges that face us? second, the market sees weak growth and the possibility that growth will get even weaker. and, third, the market recognizes that this agreement has not stopped the rating agencies from putting the aaa rating of the united states on negative outlook as moody's did today. so, what the market is saying is at the end of the day we are worse off than we were before the agreement. >> and so, chrystia, the question then is what now? mohammed mentioned we're in a waiting period tort of purgatory or a waiting period, and ceos have complained we won't hire until we have more certainty about the tax climate, for example? doesn't this deal essentially perpetuate the uncertainty for another four or five or six months as the supercommittee gets into the question in round two will there be tax increases? >> yeah, i think you're absolutely right. i think the uncertainty lasts long longer, i think it lasts t

-- natural events in washington. hurricane irene is speeding up the east coast. we also had an earthquake, unusual for us. i think it is fair to say that it generally scared the hell out of a lot of people. the beauty of our business is that we can work politics into just about anything. as irene does for worse, let's talk about the debate in the republican party about climate change. rick perry says it is a scientific theory that has not been proven to jon holtzma -- jon huntsman told a capper that if republicans position themselves as the anti-size but, it will cost them 2012. >> it is what the national academy of sciences has said about what is causing climate change and man's contribution to it. i think we find ourselves on the wrong side of science and therefore in a losing position. >> do you agree, charles? >> well, global warming is somewhat problematic because a majority of scientists say it is so. i happen to believe that probably is. i am not sure i believe the models that predict what is going to hundred

bottom line is, what is a growth plan for washington that washington can actually execute on? >> i'll give you a gross plan very clearly. one, we have to deal with the debt and deficit. send wall street a message that the united states of america is deadly serious about dealing with the long-term structural debt. that means putting a plan on the table, 4 trillion plus, if necessary, that lays out how we go forward. we do it, david, in a way that doesn't turn our backs on the history we have created where we know how to do it without cutting off job creation in our economic future. in the 1990s, we balanced the budget. we did it without a constitutional amendment. we balanced the budget, created 22,000 new jobs. that changed when we went into credit card debt, two wars, two tax cuts. we couldn't afford them. boom! 6.some trillion in debt. obama was largely in response to george bush and hank paulson asking us to bail out the financial structure of america. we have to get real about what the problem is. the second piece of this, senator box eer has a great dea. if we do it, we w

reid: the eyes of washington and the world have been watching washington this past week very closely. while they witnessed a lot of political wrangling they also saw congress make some historic, important decisions. and averted a default on our debt that has been so concerning to all of us for such a long period of time. our country was literally on the verge of a disaster. it was on the brink of a disaster. one day left, we were able to get together and avert that disaster. now, this compromise that we've reached is not perfect. and i feel it's important -- mr. president, can we have order, please. the presiding officer: the senate will please come to order. we welcome all our visitors and want to make it clear think disturbance or manifestation of approval or disapproval is prohibited under the senate rules. the majority leader may proceed. mr. reid: i appreciate the kind words that my counterpart mr. mcconnell has stated on the floor, i've gotten to know him and speaker boehner a lot better this past month or two. especially the speaker. even though i disagree vehemently with the d

that ought to compel washington's to cooperate and washington to compromise and it ought to compel washington to act. it ought to be enough to get all of us in this town to do the jobs we were sent here to do. we've got to do everything in our power to grow this economy and put america back to work. that is what i intend to do it by looking for work to working with congress to make it happen. thanks very much, everybody. [inaudible conversations] >>> the senate foreign relations committee heard testimony from robert ford, the obama administration's nominee to be the u.s. ambassador to syria. mr. ford, who served in the position and a nation grieve role since december, 2010 is still awaiting a vote on his confirmation by the senate. his testimony is about 45 minutes. >> we will start our second panel, and mr. ford, i know before i arrived here you have an opening statement. but i will do is i will present an opening statement and then we can go right to questions. am i correct -- >> yes, senator, that is correct. >> thanks so much. thank you everyone. i know we are moving to the second panel o

with thanks to the jones day lay firm for this window in washington, i'm scott pelley. for all of us at cbs news, good night. captioning sponsored by cbs captioned by media access group at wgbh access.wgbh.org >>> your realtime captioner is linda marie macdonald. [ sirens ] >> that's the noise we hear all day. the ambulance, the fire trucks, and the high-speed chases. >> a neighborhood so dangerous, it's nicknamed the kill zone. why some hope a party will help fight the cycle of violence. >>> camera set up in the plan? >> mm-hm. >> another disturbing twist in the jaycee dugard kidnapping case. for the first time, we are seeing how far nancy garrido went to satisfy her husband's desires. >>> i just don't understand how they could do that to me. >> discharged and dumped. why more and more nursing homes are gi

so we need to do everything we can in washington to make sure that we're taking measures that help the economy and help americans and help them find work. as the president said, it should not take a crisis to get us to come together to get us to do the things we need to do to help the economy and he looks forward to further bipartisan corporation -- cooperation in the coming weeks and months. >> i couldn't help but notice the president's tone in his remarks and seems disgusted with washington, d.c., and you don't think that is fair? >> i think the american people were appalled by what they saw, the willingness to even hint at the possibility of even allowing the united states to default for the first time in its history in order to advance a specific agenda that had already been rejected by a majority in congress and certainly by a majority in the american public. now, the fact is, in the end, as we calmly predicted would be the case, cooler heads prevailed and compromise was achieved. the frustration that we all have is that shouldn't take something this dramatic to force that kind of

thanks i'm here broadcasting live from washington d.c. coming up today on the big picture. can. blow we welcome the process you know a little the price of oil the curse of oil with the ongoing unrest in the arab world petroleum markets are more than reacting is the global economy on the edge of another deep recession and are all high oil prices here to stay is the price of oil time to arab revolutions and aspirations. can. you discuss the impact of all this on oil prices i'm joined by michael klare and in springfield he is director of five colleges program in peace and world security studies and author of rising powers shrinking planet the new geopolitics of energy in new york we go to andrew sheaf he's director of communications and marketing at euro pacific capital and in frankfurt we crossed william engdahl he is an economic researcher and the author of a century of war anglo-american oil politics and the new world order and another member of our cross-talk team in the hunger all right gentlemen this is cross talk and you have different opinions i want my viewers to see them

she did not like washington. washington wasn't a very popular place for the family because of her. well, what i discovered was she went to washington with him regularly until 1835. by 1835 she'd buried all sin of her daughters -- all six of her daughter, she had about six or seven grandchildren that she was raising her at ashland, and, you know, she just did not have the time to go to washington. she had other responsibilities. when she was in washington, she basically supported his career and was hardly the recluse that historians have painted her as being. the sons had their problems. there is a strain of mood disorder that is evident in the early generations of the family. all five of his sons suffered from melancholy or depression, to use -- melancholy was the 19th century term. but they also all became with one exception, they all became successful businessmen. one served in the house of representatives, one served in the state legislature. one was -- two of them were tremendous horsemen. they, they contributed significantly to the horse industry in kentucky. so they were more

washington. before we get to the economy we want to bring you the latest on that terrible store arery out of afghanistan. insurgents shot down a u.s. military helicopter, killing 38. including 22 navy seals from the same unit who took down osama bin laden. conor powell has more from kabul. conor? >> chris, this is a devastating blow to the small tight knit community of special operations forces here in afghanistan. the single deaiest day for american troops since the war started nearly ten years ago. the military is still investigating the cause of the crash but the taliban were quick to claim responsibility saying they shot it down with a rocket propelled grenade. it appears that the force was beginning to launch a raid on a taliban compound in the province just southwest of kabul when the taliban rocket did take this helicopter down. now, in recent months the u.s. military here in kabul has been found of saying that they wrestled the momentum away from the the taliban but this attack, this very

bottom line is, what is a growth plan for washington that washington can actually execute on? >> i'll give you a growth plan very clearly. number one, we have to deal with this debt and deficit and send wall street and the marketplace a message that the united states of america is deadly serious about dealing with this long-term structural debt. that means putting a plan on the table, 4 trillion plus, if necessary, that lays out how we grow forward in terms of our debt and deficit. but we do it, david n a way that doesn't turn our backs on the histories that we've created where we know how to do this without cutting off our job creation and our economic future. in the 1990s, we balanced the budget. we did it without a constitutional amendment. we balanced the budget, created 21 million new jobs, and we put ourselves on a glide path to pay off our debt for the first time since andrew jackson by next year. that changed when we went into credit card debt, two wars, two tax cuts, we couldn't afford them. boom. you have $6. some trillion of the debt goes to george bush, 2.4 to obam

that an earthquake was felt in washington, d.c. that an earthquake was felt in washington, d.c. the reports are just coming in, that the attorney general had just been escorted out of the department of justice, his motorcade is leaving, they felt it at the department of justice, they have felt it in our d.c. bureau, they have felt it in other locations in d.c. we're getting reports coming in about light fixures rattles, people evacuating, a shock wave has rocked the capitol, moved from the senate to the house side, north and south, no one knows what it is, the capitol is being evacuated. i want to get right to trace gallagher, who is monitoring this from our breaking news desk. trace, my e-mail is lighting up with reports from our d.c. colleagues. >> reporter: and the first thing they're going to do, megyn, is look at how shallow the earthquake was, the depth is important as far as the magnitude goes and they'll also look at the pip point accuracy, where was the actual location of the earthquake. the first website that producers wi

and we'll travel to the heartland of america as you tell it to washington. personal messages straight from your kitchen table. >> i think the governmnmt should do the same. >>>>good evening to all of you from washington, d.c. capitol hill. and this is it. the gridlock in the nation's capital has been broken. as we come on the air, a compromise bill has been passed in the house. and the nation will not default on its debom i want to bring in john karl who covered congress for us. it was such a remarkable scene on the house floor tonight when congresswoman gabby giffords returned to cast her vote, john. >> an unbelievable moment. thunderous applause. i have never seen anything like it on the floor of the u.s. house. look how it affected the vote. this bill passed overwhelming. 95 democrats voted yes. this was the nail biter we were all wondering if we would avoid default. it won in a landslide. i tell you right now i guarantee you it was the gifford boost. her office said she wanted to come back too vote on this bipartisan bill. she was frustrated with the gri

you see a beautiful morning here in washington. i'm erica hill in washington. it's been a wild ride in the capitol with a tentative agreement last night. for once, though, there is perhaps a hint of a few smiles here. chris wragge is in new york. >> will wonders ever cease to amaze, correct? >>> coming up, so much of the news to get to as well. critical announcement affecting all women using birth control. it will now be free. >>> a surprising new lead in the d.b. cooper case, the famous hijacker from the '70s who jumped out of plane with $200,000 ransom and just disappeared. now let's get back to you with the latest on the debt deal. >>> we are here in washington. senate and the house are set to compromise on a plan to raise the nation's borrowing limit. nancy cordes is on the hill to tell us exactly what is in that deal. good morning. >> reporter: good morning to you, erica. welcome to washington. that plan creates a very powerful bipartisan committee of lawmakers who will now have a few months to come up with a package of $1.5 trillion worth of deficit reduc

in washington. before we get to the economy, we'll bring you the latest on the terrible story out of afghanistan. insurgent shot down a u.s. military helicopter saturday killing 38 including 22 navy seals from the same unit that took down osama bin laden. fox news correspondant conner powell has more from cabble. conner? >>reporter: chris, this is a devastating blow to the small tight-knit community of special operations in afghanistan. it is a single deadliest day for american troops. the military is investigating the cause of the crash. the taliban were quick to claim responsibility saying they shot it down with a rocket-propelled grenade. the force was beginning to launch a raid in taliban compound southwest of kabul when the taliban rocket did take the helicopter down. in recent months, the u.s. military has been fond of saying they wrestled the momentum from the taliban. but this deadly attack is all the more evidence that the taliban are capable of launching attacks against the u.s. and afghan

many o came to washington by running against washington. some of whom are worried about getting re-elected, but changing washington while they're here. >> every day we get closer and closer to a cri >> reporter: 12:00 noon in the hot sun. republican senator ram paul and others in the tea party speak to a small rally, but big enough to make cable news. their message? no compromise. the gop goal of 216 votes is g tough. >> certainly will be more informaembers. >> reporter: back in pelosi's office, she's already talking about what the impact ultimate deal will be. >> a liberal member said to me his fear is the poor are going to get hurt and the rich are going to get by without harm in this. is that your fear? >> well, my concern is for the great middle class, and we want to have a resolution of this that is for 100% of the american people. the reo have a resolution that is for the 2%.r: it's now 1:15. the house and senate have been in session for more than three hours. the house republicans who walked >> reporter: the speeches go on c-span, bu

what's going to come out of washington. and the only signal they've seen so far is that it is going to be more spending, spending money that we don't have, and more taxing. and so, that leads the markets to say it doesn't look like we're going to see a new face of our business world. and so, what we need to do is have a president who is willing to come forward and have true spending reduction, and people in the business world -- i know this as a businesswoman -- we have to know what the tax rates are going to be that needs to be stable. and i'll tell you, the biggest job-killer right now, because i'm all across iowa asking people, businesspeople tell me it's obama care and it's the dodd/frank law. dodd/frank is drying up credit for businesses -- >> financial regulations. >> yes, and i have the repeal bill for dodd-frank and also for the obama care legislation. people want that gone. it is absolutely without a doubt a job-killer. and i was just at a business in iowa. they've let half of their workforce go, over 100 employees

when you talk about the shark tank in washington. what do you wish for the president as a man on his 50th birthday? >> i think tonight, he's entitled to be entirely personal. he's got a wonderful family. i'm the father twof daughters myself. you can't but look at that family. he was born in a state not longer after it became a state. and he went from there, he grew up single mother, family of not terrific means, interracial family and winds up being president of the united states. 3 people will be naming grammar schools for him for a century afterwards. i think he wants a presidency that deserves the kind of national reputation that he has and the kind of historical prominence it will have. and i guess that would be my wish for all of us, that he's able to marshall those extraordinary political skills in a way that will give 30 million more americans jobs. >> scott simon, laura washington, appreciate you both being here with us tonight. >>> the market tanks, the recovery stalls. what are the people with money doing? well, they're spe

the only solution to this equation in washington is active citizens keeping washington accountable. redstate.org is the leading place for doing that, so thank you. niki caylee is one of the most inspiring politicians we have in this country. -- nikki haley. i also want to talk about the congressional delegation. you have five republicans in the house from the state who are among the best congressman we have in washington, d.c., right now. [applause] eric preference the scorecard that we are publicly releasing in 10 states. let me lifted the lid on it for second. first, you would not believe the crying and gnashing of teeth that happens in washington when you do a score card. you may remember back in february that the house passed hr-1 which was an historic spending cut. [laughter] in addition to that, there were 23 amendments that were voted upon to cut spending further. let's take spending back to 2006, said the one from north carolina. we put out a report card on those votes. we said years the percentage of the 23 votes to further cut spending that each member of the house voted f

good afternoon it's monday august first four pm here in washington d.c. i'm lauren lyster and your watching our team well the country is approaching the deadline for raising the debt ceiling august second is tomorrow the u.s. is just a little more than one day old way from starting to default on its debt as. i'm running out of money to pay its bills what some have said would amount to financial armageddon but loan the hole at the eleventh hour last night president obama and congressional leaders together with the mainstream media headlines threw up their hands and cheer we did it we have a deal. you know what will be should be a celebration for the american people everyone should be happy to morrow that it reads this is an over their heads. the debt ceiling is a done deal. so we do have a deal. but let us begin to begin with a deal finally reached to raise the debt ceiling. for days now people across the country have been saying stop it and work together. whether they're actually happy or just having a sigh of relief after all of this work that they at le

they're trying is there one person in washington turn to creative destruction in the middle east to upset the chess board and make sure that in fact what has been happening since two thousand and one is many of these arab countries are fed up with washington's militarization of the middle east they are fed up with the mess in iraq they're fed up with the heavy handedness that's coming out of washington and they're looking to china they're looking to russia they're looking to the european union for an alternative to the dollar and that i think is why we're seeing all this right now and yes if saudi arabia blows it's going to be ok well you just you know you go to a break for after a short break we'll continue our discussion on oil and global economic state with our chief. if you can. for the. we've got. the biggest issues getting voice face to face with the news makers. led mission three liquidation free transfer charges free. agency free. free. free limo and free blog live video for your media project a free media. play the the lists listen to. the pledge. welcome back peter lavelle

in washington, they go at big business. big business goes at washington. they refuse to realize they have a common thread here to make us better as a nation. corporations, fortune 500 companies, they are responsible to their shareholders. that's how companies grow and companies prosper, by taking care of their shareholders. in congress, they don't think of us, voters, citizens and shareholders, but we are the shareholders in this country. how about doing something for us as shareholders? >> we need to call a shareholders meeting. >> you have to fire them. >> you really do. >> mike, this is how people feel about congress' about to deal with the debt negotiations. 12% are optimistic. 66% pessimistic. 19% tuned out, no effect. 3% totally tuned out, no opinion. >> i think we have lost sight of the theory we have. every percentage point of growth you have is $2.25 trillion in spending growth. you don't need as much on medicaid. it's much easier to pal balance the budget. it goes the other way, too. the reason you worry isn't because it's a moral issue. the reas

can you hear me in washington? >> yes, i can hear you. >> congressman why are you at the rixos hotel? what are you doing in tripoli? >> as the reverend congressman fontroy 20 years in congress, i had joined dr. paul here in an effort to work out a non-violent solution. right now we are in a precarious situation with some of our friends from the media, because we fear that unless we are able to relocate that we may all be in danger. as a minister who believes in the fervent effectual prayers of the righteous, i am joined with dr. kay, falling on appeal of the people who know the will have the prayer to pray for us, and to pray for deliverance for not only us but the press corps with whom we have been quartered here in the effort to carry out our peace mission. >> congressman, you spent 20 years in the united states congress as the delegate from the district of columbia and i met you on several occasions but i have to ask, how long have you been in libya right now, it's a highly extraordinary situation for to you sho

we saw a lot of people here in washington ignore what was going on. but across the country, many republicans and even some democrats were listening to what they were saying and made strong commitments that if they were elected to the house or the senate that they would come here and get control of the spending and the borrowing and the debt and try to return to some fiscal sanity. some concept of constitutional limited government that we promised people when we take our oath of office, that we would stand by. so, we saw many new republicans come to the house and to the senate with a commitment to get control of the spending and debt, to save our country from this obvious bankruptcy that we're headed towards. the tea party was involved with that it's hard for me to listen to a lot of the criticism of the tea party and their desire to balance the budget. there is no one tea party. what we're talking about are thousands of citizen groups across this country who are being vigilant about their government, which is what our founders asked them to be. they'r

again, more washington talk. what it means is you cut a certain amount up front to cut the debt ceiling, and then there's a second stage of cuts that comes, and there is this committee that tries to agree on those cuts. and if you don't do it over this ten-year span, something forces congress's hand. so, how do you not put social security benefits or medicare benefits into that potential enforcement mechanism when they're what are driving the debt? >> well, i think you have to have a lot of faith that the american people are going to continue to weigh in. and here's the bottom line -- this fight has not been about nothing. this hasn't just been political theater. there's a philosophical difference here on the hill between the democratic party and the republican party, and it's pretty simple. they have voted to keep giving taxpayer checks to big oil while they voted to convert the medicare system to vouchers. now, that doesn't compute for us. how can you be more willing to push money, public money, to the most pro

how is wall street reacting to what's going on in washington? >> reporter: you're not seeing the positive reaction you'd think you would see. the market's been lower all day and the dow down about 94 points, the nasdaq off about 20. i've been talking with traders. they're surprised that by getting this uncertainty about a debt deal off the table, it hasn't created a different reaction. there was the expectation we would see stocks at least in the plus column. we're not seeing that. i think what you're seeing is investors really worried about the broader economy. i think at this point the debt ceiling issue is kind of -- is sort of behind them now and wall street's now looking forward and looking forward at the economy, and it's looking weaker. we got that weak gdp report last week showing that economic growth is definitely slowing down here in the u.s. we got that weak manufacturing report that kept stocks in the red yesterday. and today we got more weak data on consumer spending showing that consumer spending is slowing down as well. then there

it's saying the political situation in washington has been much too chaotic for washington to do enough about the debt and s&p is making a judgment about the economy. it expects slow economic growth, and as a result, it says debt as a percentage of economic output as a percentage of gdp is going to increase in the next few years. that's worrisome to s&p, and one reason the rating agency is saying it could act again to yet again lower the u.s. credit rating. this is certainly an embarrassment for the u.s. in financial markets and the united states now has a lower credit rating than luxembourg, finland, denmark, and sweden. deb? >> all right, allan chernoff, with thanks so much. >>> well, the republican presidential hopefuls are weighing in on the downgrade. from mitt romney, he says -- "america's creditworthiness just became the latest casualty in president obama's failed record of leadership on the economy. standard & poor's rating downgrade is a deeply troubling indicator of our country's decline under president obama." here's what minnesota's michele bachmann had to say -- "i call on

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