Today's Situation Room:
Wolf Blitzer delivers the most important breaking news and political, international, and national security stories of the day. Tune to The Situation Room weekdays 5-7pm ET on CNN.
Debt limit doozies
Debt debacle dispenses doozies from rap videos to crime movies. Jeanne Moos reports.
Tea Party says ignore Aug. 2nd deadline
Many Tea Party activists say fears of a debt ceiling armageddon are overblown and urge GOP lawmakers to hold the line.
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Post by: Filed under: Brian Todd • Debt • Tea Party |
U.S. at risk of credit downgrade
Financial analysts say lawmakers should be very worried about a possible downgrade of America's credit rating. CNN's Mary Snow reports.
RELATED STORY: Debt ceiling fight: What a downgrade would mean
'The kid from Ohio' takes on a president
Lisa Sylvester reports on the background and upbringing of the legislator caught in the middle of a debt ceiling debate.
RELATED STORY: Boehner to GOP members: 'Get your ass in line'
Quest: 'World flabbergasted, bewildered'
CNN's Richard Quest explains how the world views the U.S. debt crisis and what to expect from a credit rating reduction.
RELATED STORY: Debt ceiling fight: What a downgrade would mean
Carney: 'We're running out of time'
CNN's Wolf Blitzer talks to White House Press Secy. Jay Carney about Obama's efforts to reach a debt relief solution.
BLITZER’S BLOG: It’s STILL the economy, stupid
Washington (CNN) - At this point during President Bill Clinton’s first term at the White House, he, too, was facing an enormous challenge from emboldened House Republicans, including the then new Speaker, Newt Gingrich. The Republicans had taken the House majority in 1994 with their Contract with America. There was a huge battle over spending, and the government was shut down for a few days. The American public largely blamed Gingrich and the Republicans. Clinton, the following year, was re-elected.
President Obama is now facing a huge challenge from emboldened House Republicans, including Speaker John Boehner. The stakes this time are much higher if the government actually were to default on its financial obligations.
FULL POST
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Post by: Filed under: 2012 election • Debt • Economy • President Obama • Wolf Blitzer |
Obama sidelined in debt debate?
CNN's Brianna Keilar reports on President Obama's changing role in debt ceiling negotiations.
Extremes controlling U.S. politics?
With a debt crisis looming, are the nation's political extreme's calling the shots in DC? CNN's Jim Acosta reports.
RELATED STORY: The 'big headache': Boehner backed into corner by tea party, Obama
Racial wealth gap widens
Study finds blacks and Latinos were hit much harder by the recession than whites. CNN's Mary Snow reports.
RELATED STORY: Wealth gaps rise to record highs between whites, blacks and Hispanics
About this Show
The Situation Room with Wolf Blitzer is the command center for breaking news, politics and extraordinary reports from around the world. Tune in weeknights from 5-7pm ET on CNN.
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