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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.
July 27th, 2011
12:18 AM ET
Battle to break deadlock in debt talks
White House Sr. Adviser David Plouffe says there must be compromise to make sure the country doesn't default.
RELATED STORY: The 'big headache': Boehner backed into corner by tea party, Obama
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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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If Congress fails to come up with a plan to solve the debt problem and the US economy tanks will this not be handing
Binladen a victory. Has everyone forgot that this was his goal when he declared war on the US.to bring down your economy
Why hand him a victory on a silver platter because congress can't get it's act together???
Unfortunately, the only answer is to inrcaese savings, build our current account balance and stop exporting $2B a day to terrorists. Yes, there will be pain. Too f-ing bad. It's only the beginning of a long cycle, so buckle up. There is no country in the history of mankind that has printed their way to prosperity. We will not be the 1st.Nobody is entitled to anything; a house, a hummer, exotic vacations, etc.. You earn it. Going forward, consumption will be fueled by savings. Get used to it and prepare. Pay down debt and start saving.