mortgages, which may mean buying a home even harder for some. which is why this story out of texas caught my eye. imagine paying just $15 for a home worth $340,000, pretty good deal, right? well, a texas man got that steal of a deal because of a bizarre law in texas called the adverse possession law, more commonly known as squatter's rights. the owner of record had moved out about a year ago and he can't be found. the house wasn't listed for sale. so he filed an affidavit with the county for a $15 fee, turned on the electricity and, yes, moved right in. neighbors aren't exactly thrilled. it's never good when your home is worth $300,000-plus and your neighbor's is worth $15. kenneth robinson plans to enjoy his home for many years to come. let's hope washington is paying close attention to that story. that will do it for me.

but "cnn newsroom" continues right now with brooke baldwin. >> speak of washington, we have a busy two hours ahead. randi, thank you very much. hello, everyone. are you ready for this? the debt deal is done, right? not exactly. we still need to see votes happening both in the senate and the house. on the house side, it looks like some democrats could be holding things up. we'll speak with one of them. we expect to hear from speaker of the house, john boehner this hour. we'll carry that live for you. so stay tuned for that as well. let's begin here. as the clock continues to tick, nine hours now remaining until a potential default of the u.s. government. and congress still hasn't voted on the debt reduction agreement announced last night. we heard the senate would be voting first. then we heard the house would be voting first. but the house still hasn't voted. that tells me there may be a problem rounding up some of those votes. we have just heard from vice

president joe biden after a meeting with congressional democrats. listen to this. >> i didn't go to convince, i went to explain and lay out exactly how we got to where we were and why this is so important for the country. my crew up here -- i never asked another person to vote against what they think their interest is. i am confident -- i was treated well. my sense is they expressed all their frustration, which i would be frustrated if i were sitting there as well, taken down to the wire like this. what they want to know is they asked questions specifically about the proposed legislation. i thought it was a good meeting. and i feel confident that this will pass. >> that is the vice president just a short time ago, still no

votes on the debt reduction deal. less than nine hours away from a potential default. i want to bring in john king. host of "john king usa." we heard the vice president, he said, yes, he's confident this will pass. but still not seeing a vote yet. does that spell a problem? >> the picture you just showed, the live action on the house floor, they're debating the rule. first the house passes a rule which lays out how long they will debate this, what amendments can and cannot be offered. then they will actually get about to debating the legislation. here's a simple rule in washington. when nobody likes the deal before you, the longer you leave it hanging on the vine, the more likely you are to get into trouble. the harder vote will be the house vote. speaker boehner is going to lose a lot of his members because

it's being said it will raise taxes. a lot of the liberal left, all the liberal organizations are saying the super committee is going to make medicare cuts. nobody's happy. both the conservative right and the liberal left are very, very unhappy. you've got to find the votes in the middle. the longer you leave this out there, the more everybody's getting phone call and getting pressure, they're trying to get the harder vote, the house vote, today. i'm told they hoped to get the senate tonight. >> hang on a second. are we talking midnight tonight or tomorrow night? >> well, that's the big question. if the senate holds over -- if the senate holds its vote over, does the administration say, okay, you're going to do it sometime during the day tomorrow, we can work it for a couple of hours. remember the president did say he would accept a short-term extension, short-term increase in the debt limit if they had the big framework.

if they needed to do a 24, 48 hours, they could resort to that. they haven't officially said no senate vote tonight. i was just in communication with somebody who said, they have a few hiccups and problems -- >> i know they do. i want to be talking the same deadline washington is talking. secondly to continue your analogy about the house going first and hanging on the vine longer, let's talk dems and republicans here just within the house. it sounds as though the house democrats are saying, republicans, this is your deal, we're voting on it here today. you go first, you stick your necks out there. is that the sense you're getting? >> absolutely. look, the democrats don't like this. there are going to be a lot of "eat your peas" votes on the democratic side here. nancy pelosi doesn't like this deal. she said herself not one red cent guaranteed to come from wealthy americans, even though you're going to have to cut domestic programs for low-income americans. in the end, will she support

president obama? of course she will. but how many votes can she deliver? how many of her people will say, no way? nancy pelosi was asked coming out of that meeting, what's the vote count? >> she said, ask the speaker. >> i heard that. >> he has the majority. essentially the democrats are saying, let's see how many republicans go forward. a lot of democrats go back to the t.a.r.p., the bailout votes in the bush administration where they say it was a big crisis facing the congress. you had a deal nobody liked. the democrats are saying, let's let john boehner deal with his family feud before the democrats have that play out theirs. >> grover norquist has blasted this agreement saying, quote, real spending cuts, no tax hike, onward. paul krugman said, quote, the gop has just demonstrated its willingness to risk financial collapse unless it gets everything its most extreme members want.

one more for you, let's listen to congressman gary ackerman, democrat of new york. >> this has been a terrible process. they invited our president -- failing to recognize that he is the president of the united states. they invited him to negotiate at a strip poker table and he showed up half naked. >> just if i may repeat that. he said that republicans forced the president to bargain at a strip poker table and the president showed up half naked. john king, why are the democrats and progressive so non-plussed? >> they're not happy with their president. you heard it right there. we'll keep this one mostly dressed, if you will. the democrats are saying the president sat down at these negotiations and started by giving things away before the

game had even started, before the negotiations and the fight even started. democrats are not happy about that. the president said he wanted a balanced deal. that would include some tax increases. he has no guarantee of that. grover norquist has blessed this. but there is no guarantee that tax increases won't come up in the super committee part. the liberals don't like it. when they go for the second round of cuts, then you have a -- they're doing the low-hanging fruit right now. when they get to the second round of cuts, you're going to have to have a bleak voice there. look at the timetable here. this super committee, supposed to be recommendations around thanksgiving. december 2011 quickly becomes january 2012, this is a presidential and a congressional election year. a lot of people are saying this deal will quiet the publics of this for some time. no. this is not going to quiet the politics of this for more than 48 or 72 hours. >> it's kind of exciting, politics going on there in

washington. stand by. i may want to come back to you, john king. joining me now, representative earl blumenhaer. what are you hearing up there about the fate of this debt reduction agreement? >> it's extraordinarily frustrating for a number of us. this is an absolutely artificial crisis. we've raised the debt ceiling 102 times. we did it seven times for george bush. this is an artificial crisis that has been created. we're still trying to find out exactly how the pieces work. i just left that meeting with vice president biden and a very spirited exchange. we're going to start moving forward with more cuts that will actually depress the economy and make it worse in the short term. and there are very few guarantees that we're going to be able to get out from under

this cloud. we don't know exactly how it's going to work. we have the threat of a government shutdown looming in less than two months. and no guarantees that this is going to work. the american public is overwhelmingly supportive of a balanced approach, of revenues and cuts. we have voted to move in that direction. that's a non-starter for my republican friends. well, then i think they're going to be hard-pressed to be able to pull that across the finish line. >> congressman, take me back to the spirited debate in that room with the vice president. we saw him come out. he appeared pretty confident that this thing will pass. when you say spirited, can you be more specific? what were some of the concerns that were brought up among some of your colleagues? >> one of the things i shared with the vice president, when we had this discussion a year ago in december and we were talking about then the deal on tax cuts, my point to him at that point was, we're never going to have

more leverage than you have now. if you give in on this, what's going to happen with the c.r. and we're faced with a shutdown and what's going to happen with a threat of the debt ceiling limitation looming? people have seen this movie before. they're looking for some assurances that we're not just going to tick this can down the road, as you said a moment ago, for a few hours or a few days. >> sure. >> and then be locked back into another crisis going forward. and as it stands now, it's not clear to me that this is a good resolution. >> congressman, let me jump in. i know you know all the different bits and pieces, the different iterations of these different deals. i want to walk our viewer how this thing would work if it is passed. in order to raise the debt limit and prevent a default, congress would agree to a $917 billion in immediate spending cuts. so then a six-person committee, three democrats, three republicans, would have to find

a way to save an even bigger chunk, that chunk being $1.5 trillion. should the committee not reach an agreement to do so or should congress reject their proposals, congress would then be required to pass a balanced budget amendment or automatic spending cuts would start to kick in, cuts largely taken from the military, from defense. so there is some real incentive there to get something done on this committee. congressman, does that sound about right to you? >> you are saying what the words say. but bear in mind the republican crew that's running the house right now, when we got in the spring with some really tough issues regarding this continuing resolution in government spending, remember they were pretending that they could just pass a bill in the house and it would be imposed on the senate. we have no idea what these folks will do if faced with, for example, real spepdinding cuts the department of defense. our understanding is speaker

boehner is talking to the armed services committee because they're not interested in this piece going forward. some of the republican rank and file. so it's a deal that is more apparent than real, perhaps it will come together in the next couple of hours. but it's not at all clear that it is enforceable at this point. you're hearing very different things from what the speaker says it means and what we just heard from the administration. >> so let me throw this at you. at this very late hour, would you prefer, sir, that the president invoke the 14th amendment which could lead to a congressional crisis? >> i would guarantee you if dick cheney was in the white house and democrats would somehow be so irresponsible as to play games with the debt ceiling, he would throw that lever in a heartbeat. >> what about president obama? >> i think the president should. >> you do? you do? did the president get rolled by the republicans on this, do you think? >> i think the president assumed

as he has said, that they were going to be reasonable. they wouldn't hold the nation's and the world's economy hostage. they would be willing to do that. and there are some people that would throw the switch. i think the 14th amendment is clear, that he has this authority. i think this is a serious problem. and i do think, frankly, if this breaks down, there will be one of two things that will happen. there will be something that will pass that will give a few hours or a few days of breathing room or the president will throw the 14th amendment lever. >> we will all be waiting and watching. congressman, i appreciate you coming on. quite a couple of hours you have in front of you there. >> my pleasure. >> on capitol hill, focused on the votes in the house and the senate. but the rest of us are watching our wallets? how is this showdown in washington affecting the markets all around the world? cnn's richard quest shedding light on that right after the

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[ male announcer ] time to check your air conditioning? come to meineke now and get a free ac system check and a free cooler with paid ac service. meineke. we have the coolest customers. just a quick reminder, it's 3:17 on the east coast. we're still waiting for john boehner to take the podium at the bottom of the hour. the clock continues to tick toward a potential default of the u.s. government. joining me now from washington, cnn's richard quest. he came across the pond from his usual post in london. richard, nice to see you.

let's talk about the markets here, specifically the overseas markets. i know they breathed a sigh of relief when word of the debt deal spread last night and into the early hours today. did they forget the deal still needs to clear congress and get the president's autograph? >> reporter: not at all. the rally, the relief rally that took place was literally an inch wide and -- an inch deep and a mile wide. it's not surprising that it petered out at the first whiff of problems. that was certainly the case here in the united states where those bad manufacturing numbers which from the ism took any enthusiasm out of the market and turned the dow jones in exactly the opposite direction. two or three top economists and analyst that is i've been speaking to over the last few hours all say the same thing. if this deal does not pass the house and the senate in timely fashion, not only are we back to square one, but you're looking

at a lehman situation, and that could be just as dramatic. >> what about the rating agencies? i know cnn has reached out to moody's, s&p today. they're not commenting publicly. i have read that several analysts are advising investors that the u.s. could still face a downgrade of its aaa crediting rating. what are you hearing? >> reporter: on the back of the actual vote, one rating agency says they're minded not to actually go ahead with their negative move downwards. the other two are bigd their time and not saying anything specific. but the rating agencies will downgrade not because of a debt deal here, but because of the long-term debt outlook. and even when this deal comes in to force, in two years' time, the u.s. will still have a budget deficit of 6%. now, if the best the u.s. can come up with is a budget deficit of 6% down from 9% or 10%, then

that will not probably be good enough for the rating agencies not to actually move the rating down a notch or so. but the jury is still firmly out on that one. >> let me take you back to a point you made a moment ago when you said you talked to top analysts and they said it could be the lehman scenario. remind us all what you mean by that. >> reporter: absolutely. we have a subprime crisis. we had problems -- something smelly in the financial world. everybody knew things were a little unsavory. but it was -- and bear stearns had already gone. but it was the failure of lehman brothers, the overnight failure, that had everybody saying, who's next, what's the counterparty risk? it was that that gummed up the financial markets and led, of course, to huge trauma and the eventual recession. if we end up with the vote here that doesn't happen or fails or something goes wrong, the world

is going to sell the dollar, the world is going to be concerned about u.s. treasuries. and the question of default goes back to the top of the agenda. in that scenario, you cannot expect anything other than volatility and turmoil. >> i was listening to an interview with fareed zakaria and christine lagarde. there's been a looming crisis that's chipping away at some of that positive bias. in terms of a global perception, is the united states' image overseas -- is it becoming increasingly tarnished because of this circus in washington? >> reporter: you never want to say and be so definitive as to say tarnished, over and done with. i would say people are slightly disgusted and almost certainly confused with a real worry that this may not get sorted out.

we talk about an accident may happen. what do we mean by that? by that i mean, the vote suddenly gets put off, a bill suddenly arrives at the treasury, something doesn't get paid. and without anybody noticing, one of the spinning plates that they've been doing so badly suddenly comes crashing to the floor. that is still a real possibility. and that is why people like myself, yourself and everybody who's watching it are doing it so carefully. there are dozens of plates spinning at the moment. any one of which could come crashing to the floor. >> richard quest, i don't like the scenario you're painting. hopefully we don't see that. but that is certainly one reality. richard, thank you so much, live for me on the mall in washington. we're not going very far from the debt crisis. but we have breaking news here out of new hampshire. divers have discovered a female body in a river just a quarter mile from where 11-year-old celina cass was last

seen. her father now coming forward. he is breaking his silence. >> i can't believe that she's walked off. i can't believe it. somebody had to kidnap her. it's the only thing ki see as happened. >> what he thinks happened to his 11-year-old daughter. we'll take you live to new hampshire. more on this coming up next. it's salonpas. this is the relief i've been looking for. salonpas has 2 powerful pain fighting ingredients that work for up to 12 hours. and my pharmacist told me it's the only otc pain patch approved for sale using the same rigorous clinical testing that's required for prescription pain medications. proven. powerful. safe. salonpas.

divers have found a female body in a river not too far from the home of 11-year-old celina cass, the young girl who just vanished from her bedroom in new hampshire one week ago today. reporter adam harding from our cnn affiliate is outside that command center in new hampshire. adam, just bring me up to speed.

what can you tell me in terms of the details about this body found today? >> reporter: well, today marks day seven of this investigation. investigators had pretty much stayed tight-lipped as for how their investigation was moving forward. ki tell you, though, the attorney general here for new hampshire just a few minutes ago released a statement saying they found what appears to be a body in the connecticut river. a source is confirming that it is that of a female. but any identification, that has not been made public yet. this is where the media will be addressed. it should be relatively soon. but to bring you up to speed, it was earlier today, investigators within minutes at around 11:00 a.m. swarmed around this dam on the connecticut river which separates new hampshire and vermont. think about this, this town is about a mile from vermont and about a mile from canada. we're talking a lot of agencies, state and federal level agencies working this investigation. and really within minutes, the most activity this small town

has ever seen in this investigation now on day seven. >> i'm going to presume seitz too early, the body hasn't been id'd yet. the assistant d.a. said to me last week that every single person in this town of 800 people, every single person was being questioned. talk to me a little bit more about the search here and the fact that -- i imagine there are neighbors talking. yib now that the father of this young girl is talking. what are you hearing as far as that? >> reporter: well, investigators really have been back and forth across this town. they were in a pond yesterday and they said the bottom line is, they weren't considering it a recovery mission. it's not the same body of water where today's developments came from. they wanted to make sure that every stone, as they put it, did not go unturned. you mentioned the community, a town of 800. there were only nine students in the fourth grade class. that's where this little 11-year-old girl -- she was in

the fourth grade heading into the fifth. you might see this little ribbon i'm wearing. this was made by one of the nine students who really -- there's been such a grassroots effort to get her name, her face, her picture -- you did talk about the biological father -- >> you spoke with him, didn't you? >> reporter: yeah, we spoke with him last night. this case was interesting because there had not been one public plea from any family members up until last night. and the father, the biological father was in the hospital in a medically induced coma just days ago, he found out his little girl was missing. on tuesday of last week, he was still in the hospital. he said it was his faith that really got him healthy and he wanted to make a public plea for any information. it was very hard to listen to this man, very heartbroken. a lot of people are confused and angered because they want closure. right now, authorities still have not ended this investigation up here. >> do we know what the next briefing will be?

>> reporter: we are hearing but it's unconfirmed, anywhere from 4:00 to 5:00 this afternoon. that could easily change. a lot of the times, they say 5:30. it's been 6:30, closer to 7:00. we're all still waiting. there's a podium here. we're just waiting for authorities to make an official statement. >> adam harding from our cnn affiliate there in new hampshire, thanks so much. and there's another podium we're staring at here. this is on capitol hill, waiting to hear from speaker boehner any moment now. the senate may actually delay the vote on this deal all the way potentially until tomorrow. we know it's going to the house first, then the senate. so what's going on up there? what's going on in the house? we're going to hear pretty shortly. also coming up, donald trump is going to call in to the show. he called the debt deal earlier today a joke. he accused the president of maneuvering for political gain. what's he thinking about all this? we're covering the story from every angle. ay on the red hills of georgia,

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personal pricing now on brakes. tell us what you want to pay. we do our best to make that work. deal! my money. my choice. my meineke. all right. we are one day before the big debt deadline of august 2nd. essentially the deadline tonight is midnight. now, as i was just talking to john king, that deadline may move just a tad. let me tell you why.

let's show the live picture of the house floor. here's what's happening right now. members of the house -- that's actually a picture of the podium awaiting speaker boehner to speak. they have to have 216 votes in the house. this bill first goes to the house. they're actually debating right now on the rules. this is procedural. once they debate on the rules, they officially open up the debate on this budget amendment bill. and then they will put it for a vote. but the big question is, will it pass the house? from what everyone seems to be talking about, it appears more likely to pass the senate than the house. here are live pictures from the senate. it appears more likely to pass the senate than the house. that's why they're putting it forth to the house first for a vote. who knows when this thing could officially be open to a vote? and if it goes way late into the evening hours as john was explaining to me, the senate -- if it passes the house, may not even take it up until tomorrow.

and we have been hearing, look, this thing may not pass because of republicans and it may not pass because of democrats. in fact, we heard from vice president joe biden a short time ago coming out of a meeting with his caucus, with a bunch of democrats. he seemed pretty confident. but it's not necessarily a done deal. take a listen. >> look, i didn't go to convince. i went to explain. and lay out exactly how we got to where we were and why this is so important for the country. my career up here for 36 years, i never asked another person to vote against what they think their interest is. i'm confident -- my sense is they expressed all their frustration, which i'd be frustrated if i were sitting there as well, that we were taken down to the wire like this. so what they want to know is -- they asked questions specifically about the proposed legislation.

i thought it was a good meeting. and i feel confident that this will pass. >> there he said, i feel confident this will pass. let's bring in chief political analyst gloria borger who's standing by watching for speaker boehner, as am i. gloria, nice job filling in for candy crowley yesterday on "state of the union." i was watching you back and forth with senator mcconnell. why is this taking so long? why are we still waiting to hear from speaker boehner? why hasn't this been put to a vote yet? >> reporter: they want to make sure they have all the votes. we're getting reports the speaker told diane sawyer at abc news, this comes from somebody at abc, jessica yellin saw this tweet, the speaker told diane sawyer he did have the votes. but you never know until you know. and they're clearly trying to convince the sort of

recalcitrant republican that is they need to do this for their own good even if they don't like everything in it. and nancy pelosi has to make the case to democrats that they're going to get a second bite of the apple on the revenue issue after this joint committee reports. so each side has to -- it's going to come down to the wire here. a few votes one way or another, the speaker knows he's going to lose about 80 of his conservatives. so he's got to make sure he's got his ducks in a row. >> let's explain that. to your point about potentially taking up some revenue increases, i think the cbo estimated $2.1 trillion today. so this thing happens in two stages. so initially they would be providing $917 billion in spending cuts over the course of the next ten years through spending caps, et cetera. but then they have this committee. there are lots of committees in washington, i realize. >> reporter: yeah. >> you have this committee essentially assigned to what, to determine how to cut that next chunk of change, the next $1.5

trillion? among those cuts, that might include revenue increases, am i right? >> reporter: right. and then if they can't do their work, they had this kind of sword hanging over their heads. like children being forced to do their homework. if you don't do your homework, guess what? you're not going to be able to go out this weekend. so it's sort of like, okay, if we can't do our jobs, then we have all these onerous cuts that nobody likes. so the theory is at least that the pressure will be on members of congress to pass something. now, i'm a little skeptical because i've been around a lot of commissions. but mitch mcconnell yesterday on "state of the union" told me, no, no, this is different, it's a committee, it's not full of outsiders, it's members of congress. they know they have to get something done. and we've set up votes -- forced

votes, no amendments, et cetera, that should make it easier for them to do their jobs. >> i think we can't be clear enough on the fact that we cannot be breathing a sigh of relief just because there was a deal brokered in the late hours on sunday. doesn't mean it will definitively pass the house and the senate. gloria borger, thank you so much. reminder, hours to go here. in a couple of minutes, i'm going to bring in donald trump who called this agreement a joke. also coming up, what's going on outside the beltway here? let's bring in rick newman with "u.s. news & world report." the last time you were on this show, you were saying folks in washington aren't thinking beyond the beltway. my conversation with rick right after this break. that one day on the red hills of georgia, the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood.

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we're waiting for speaker boehner to speak. here we go. speaker boehner. let's take it live. >> good afternoon, everyone. in january, our first week that we were sworn into office, the president asked for an increase in the debt ceiling. and i made clear at that time that there would be no increase in the debt ceiling without significant cuts in spending and changes to the way we spend the american people's money. shortly after that, i was in new york and gave a speech and outlined that i thought the spending cuts should exceed the amount of the debt limit increase and there should be no

taxes as part of this agreement. when you look at what we've been able to achieve, we've met those two standards that have been outlined. it's time for america to deal with its spending problem and deal with the fact that we made promises to the american people that our kids and grandkids just can't afford. in addition to that, we've worked with our members and listened to the american people. we have a real interest making sure that we don't get into this spot again and that we ought to have a balanced budget amendment to the constitution. if you look at the structure of the balanced budget issues in this agreement, it gives us the best shot that we've had in the 20 years that i've been here to build support for a balanced budget amendment to the constitution to put the kind of fiscal handcuffs on this congress that are sorely needed.

if we had been operating under a balanced budget amendment, we'd have never gotten ourselves into the mess that we're in. but this is really important for our fiscal future. but it's also important for the fact that our economy needs to get going. beginning to take steps toward fixing our fiscal problems will, in fact, provide more confidence for employers in america, the people we expect to reinvest in our economy and to create jobs. >> the house will vote on a measure today that although not perfect will begin to change the culture here in washington. >> you've heard from speaker boehner. i want to bring back gloria borger and i also want to bring in rick newman. gloria, let me jump back to you. speaker boehner mentioned they had wanted the cuts to exceed the amount of the debt ceiling increased and no revenue increases, no tax increases. so he got both. >> reporter: and support -- he

said this leads the way to kind of build support for a balanced budget amendment which as you know was a very large concern for some of those republicans. so he's clearly making the case that "we got the better deal here." so take yes for an answer. declare victory, vote for this, go home and we won, right, which is exactly the case he needs to make to his republicans. now, some of them just aren't going to buy it. they're just not going to buy it. they're going to say, it's not good enough for us. >> do we get the tone from that quick, quick speech there that they have 216, that they have the votes? >> reporter: well, i sort of get the sense that he doesn't want to say what he's got because you never do that. but it's clear that he was sort of making his closing argument which is the same as his opening argument, and i think he's not willing to tell you he's got the votes until he does. but, again, it's the case he's

going to make, just like the president makes the case that we are going to revisit revenues. we got to save medicaid, for example, from the worst cuts here. and we're going to work this out and we get another shot at it later on. and by the way, obama says he's not going to come back and have to go through this again in six months, which he believes is a large victory for the white house. >> sure. gloria, thank you. rick newman, to you. let's just play the "what if" game. what if congress doesn't pass this? what if the votes don't happen in the house? what happens then? >> i'm sure a lot of people on wall street are asking that very question at this very minute and making contingency plans and in fact executing them. we've seen this show before, it seems sadly familiar. we've almost got a deal, everybody says it's going to be in everyone's best interest and yet the votes aren't there. it does seem like sooner or

later there's going to be some kind of deal. the way they're backing into this almost might end up being good news for the economy in the near term. one thing economists will breathe a sigh of relief over is we're not looking at a lot of dramatic spending cuts right away. so if you're looking at the economy for the rest of this year or next year, it actually would be good news if some of the toughest decisions got kicked down the road, put into the super congress, that commission they're talking about. so in a way, it looks as if nothing dramatic is happening. if this actually passes, i think there will be a huge sigh of relief on wall street. but we have to get there, first. >> let's talk about the opposite potentially. i was just talking to richard quest who's out on the washington mall. he was talking to me about a possible lehman scenario, lehman brothers went under, stock market, boom, dropping. and then congress decided, you know? maybe that bail-out wasn't such a bad idea after all. in terms of progrenosticating t

future here, is that likely to happen? >> not likely. lehman brothers was an all-or-nothing situation. either they saved it or it failed completely. the u.s. government is not going to fail completely. the worst-case scenario, i think, is that the u.s. government muddles through in a way that's disruptive, for instance, if they don't pass this deal and the treasury has to start dropping a plate or two, as richard alluded to, i loved his metaphor, then it's going to get ugly. but that ugliness, i think, will be the thing that will finally bring another five or ten votes across the line in the house and say, look, we can't just let the whole economy fall apart here. and then we'll be able to put the pieces back together, if you will. it's not going to be neat. but i don't think we're on the verge of a catastrophe here. >> rick newman, thank you so much. and gloria borger, thank you so much as well. continuing this

conversation, you know his name. donald trump. he is an outspoken critic of president obama. that's putting it mildly. coming up next, i'll ask mr. trump why he calls this debt agreement a joke. don't miss this.

so the debt ceiling deal is a joke, at least that is what donald trump says. and he goes even further saying president obama basically pushed this problem down the road so he could focus on getting reelected. and donald trump good enough to join me by phone. mr. trump, nice to meet you live over television. thanks for calling in. let me begin with this. i know you are good at picking winners and you're good at picking losers. in terms of the debt deal thus far, who won?

>> well, i think you have really two losers here in terms of sides. you have the democrats and the republicans. one thing obama got that was fantastic for him in terms of his own political ambitions was the fact that he got it past the election so that this won't be coming up again until after the election. from what i watched through watd others, brooke, in all fairness, i was looking -- and i see very strongly that that was the main point he had. i will not, he said, approve any deal if it comes due before the election. because if this mess came due again prior to the election, it would be virtually impossible for him to win the reerec. soo he got a huge point with that, and i'm frankly amazed that the republicans let that happen. you know, i thought they were going to kick it out a year. but as far as the loser, the biggest loser is the country because they do very little cutting. they're not cutting. >> they're not cutting enough in your opinion? >> i was hearing $4 trillion, $5

trillion, all these numbers. the number they're cutting is just a small fraction of those numbers original willy. the other thing is the cuts don't really take effect for two or three years. so, you know, it just seems that the country is the biggest loser of all. >> you know, in terms of the cuts, it's $917 billion, and it's ultimately another $1.5 trillion. in terms of negotiating. you bill yourself as a top negotiator. president obama in terms of negotiating, and to your point, not cutting enough, what did he do wrong? what did he do right? if you were in his shoes, what would you have done? >> well, first of all, i don't bill myself as a top negotiator. you're calling me, i don't call you, you know what i mean? i don't know if i'm a good negotiator or not. i never billed myself as a great negotiator. i don't like to talk that way. >> that's what they were doing on the hill. they were negotiatinging. >> as far as obama is concerned, what he really did right is

getting this past the election. for himself. and for the democratic party for getting re-elected. i think that his, you know -- he was not there. he was awol in terms of negotiation, in terms of leadership, he wasn't there. and really the senate and the house negotiated a bill and it looks like he's probably going to be approving that bill, assuming it gets passed, which i assume it will at this point. but it's disappointing to me because the cuts are so little. >> donald trump, do me a favor, stand by. i'm getting word right now that the speaker of the house john boehner is getting questions. we want to hear some of those answers. stand by for me. let's listen. >> [ inaudible ].

>> listen, i've got a big job to do here. those running for president have their own aspirations. my goal is to get this bill passed, signed into law, to solve this debt crisis and help get the american people back to work. >> mr. speaker, do you have the votes? >> i hear kate baldwin asking if he has the votes and he walks off the stage. donald trump, back to you. let's talk about debt. i read this "forbes" article about you. you filed for corporate bankruptcy four times? >> it's always misreported. i've never filed for bankruptcy. >> not personal. >> like carl icahn, like henry kravitz, like the biggest people, we use the laws of our country to our advantage. why shouldn't we? i'll buy a company and if it doesn't work out, you negotiate from a stronger position. but i never viled for bankruptcy

as you understand. but like many of the business leaders in the country, many of the biggest, i've used the laws of this country to my benefit. >> let me ask you this, could debt ever be a good thing? >> i love debt. i mean, i've used debt to become very rich because it's leverage. you can't become really, really rich without debt. what you'll doe is you'll use it and if things are good, that's great. you'll renegotiate and you'll do something or you'll do something lots of i or the most important business leaders have done. you'll take advantage of the laws given to you. which in some places are the chapter laws. what you do is you have to do. debt can be a great thing if you know how to use it. but it's a dangerous thing. it's a very, very slippery slope. >> on the hill, there's been a lot of criticism towards the tea

party-backed republicans and people are saying they're the ones holding these talks hostage. they absolutely did not want to raise the revenue and they're not. that's a win in their column. i just want to use a metaphor for you. let's say you're running a company and you have some recalcitrant members of the board. as ceo, how do you handle them? >> it's called you get in a room and talk to them. i think boehner tried very hard. but i have great respect and even love for the tea party because they've done something that nobody has been able to do. the tea party people made us realize we cannot continue on this path. what's really happening is the country is doing very poorly. the unemployment rate is going through the roof. if you look at what's going on, other countries are eating our lunch between china and opec and so many other countries.

and our country is becoming a very, very -- let's call it, a very unsuccessful country. and the tea party made people realize some of these things. and i have great respect for the tea party and i know many of the people that are really leaders of the tea party. and i like them a lot and i respect them a lot. >> donald trump, thanks for taking two seconds out of your day to call. appreciate it. offering up his perspective. so big question, do we have a debt deal today? will we? let's check in with wolf blitzer. the man who never sleeps. they gave us a consumers digest best buy award. then they gave us an iihs top safety pick and you... well, you gave us your approval. so we thought, why not give a little back. the chevy model year wrap up. get in on our greatest model year yet. and now, very-well qualified lessees can get a low mileage lease on a chevy cruze ls for around $169 a month. our greatest model year yet is wrapping up.

before we get you to wolf, we heard from house speaker john boehner and our congressional correspondent kate baldwin was in the room and it seems to me had a very important question. her question is, what would the bill do to department of defense spending? here was his answer. >> are you losing republican support because of concerns over defense cut at this point? >> i just met with all the members of our armed services committee. they clearly had some concerns about the defense numbers in this bill. as i told them, this is the best defense number we're going to get. and frankly, if we don't pass the bill, it's pretty clear to me what will happen. the defense number will go down. and so i believe that many of our members from the armed

services committee will be supporting the work of the house. >> speaker boehner, just a moment ago. wolf blitzer has been watching all of this. i don't think he slept a wink all weekend. i don't know, just -- you know, beginning with the tone of the speaker there, do you think -- i know you don't know, but do you think he has the votes in the house? >> it looks like they're pretty confident the gop leadership, they were all there showing a united front, the speaker john boehner, the majority leader eric cantor, you heard them all. and then paul ryan, the chairman of the house budget committee, very popular. younger member, he came out and endorsed this plan saying this is -- may not be perfect, but it's the best they can do and he urged his republican colleagues to go forward and vote in favor for it. in fact, he predicted more than a majority, more than half of the republican members of the house of the republican members, 240 republicans in the house would go on to support it. if that is the case, if it turns

out a majority of the republicans have it, there probably will be enough democrats to bring it over the top to 216. it's going to be close. it's not going to be overwhelmingly approved. it's going to be a close vote. eel watch it every second of the day. i'm not exactly sure what time that roll call will take place, but if it happens between 5:00 and 7:00 in "the situation room" we'll carry it live. i suspect we'll carry it live whenever it airs because cnn does that stuff, as you know. >> because that's how we roll. we're a 24/7 news station. here we are top of the hour, want to welcome you back to "cnn news room." we've been rating all day to hear to from the speaker of the house, john boehner, just to hear if he has enough votes to avert a first, really, government default. he said spending guts, greater

to the debt ceiling increase and number two, no tax increase. he did not explicitly say whether he has the votes for this thing to pass. but i want you to listen here, i want you to listen to house majority leader eric cantor. he spoke right after speaker boehner. this was just a minute ago. >> and i'm told the leader on the other side of the building, the majority leader went to the floor today and indicated that somehow i changed my position on that. i can tell you flat out he's wrong. i can insist again, now is not the time for us to be considering tax hikes. >> joe, what is going on here. is the house republican leadership hearing doubts from the rank and file about what's in this deal concerning taxes? >> i think you hit the nail on the head when you talked about the armed services committee and

speaker boehner, meeting with them. ever since yesterday afternoon when we first knew that there was a deal, even over on the senate side, republicans particularly some conservatives started being concerned, number one that have in their view the obama administration wants to cut defense. two, big concerns about this first tranche of money, how much spending savings is going to come out of the pentagon, and three, how this committee that's being created by this legislation might go about the business of reducing spending on the defense side. so there are a lot of other questions as well. and then there are questions on the democratic site. a lot of liberals have real heart burn for all kinds of reasons. i was watching all these democrats a little while ago coming out of this meeting with the vice president -- >> yeah. >> and it was very hard to find

a liberal -- a true liberal in the house of representatives saying yeah, i'm going to vote for this. one example and i'll shut up, all right. go ahead. >> it sounds like folks on both sides of the aisle have said look, this is less than perfect. let me show you my prop here. this is the actual bill. it says the budget control act amendment. first goes to the house, then goes to the senate. and then you can show me what you're about to hold up here. i do want to get to the fact, you know, what are you hearing? do you think the house will have the 216, the number of votes for it to pass? >> it's hard to predict that this won't go down. so many people are concerned

about it, there are so many people upset on the right and the left. the question is will the center hold? the common since that came from wolf blitzer a little while ago suggesting hey, it sounds like there's some confidence here. that sounds like it's pretty close to the truth. there's a cbo report that shows you even democrats have concerns about defense. this was given to me by dennis kusinic, a very liberal member of the congress. he says the cabs do not apply to afghanistan and iraq. the worry here for the leaders is that people on the right and the left will get together and cause real problems on the floor, brooke.

>> we're hearing the senate may not get it until tomorrow. let's talk now to a republican of idaho. senator, it's nice to have you on here. let's just get straight to it. you know, time's awasting on capitol hill. still no vote on the debt reduction deal to avoid this government default. what are you hearing, sir? >> i'm hearing that there is a tremendous amount of dissatisfaction with the deal that was negotiated on both sides. on the republican side, there's a significant concern being raised about the question of whether taxes are truly off the table. i think that speaker boehner is right. the way that was structured is taxes are off the table, although there are still those, including president obama who are saying that he thinks there's a way to wrench taxes back into the deal later on. that's raising concerns among

republicans. i think all in all, though, there is a growing sense that this is the first step. not necessarily the best step or the only step, but the first step to talking about how much do we raise tacks and spend to how much deficit reduction can we achieve? i think this is true deficit reduction. >> i want to walk our viewers through how this would raise the debt limit and prevent default. the first number people need to know is $917 billion, the congress would agree to that number in terms of immediate spending cuts and then a six-person committee, three democrats, three republicans, would find a way to save a bigger chunk of change. that chunk being $1.5 trillion. should the committee not reach an agreement or should congress reject the proposal, congress would be required to create a

balanced budget amendment or spend cuts, particularly from the military. my question oto you is there seems to be concern really on both sides, to echo what joe johns was saying, but specifically on your side, holding up the military budget as a sort of backstop. do you think that's a wise idea? >> no, i personally would have done it differently. the way it works out is the final backstop, the final sequester if the committee doesn't work is that there will be equal cuts coming from both defense and nondefense spending. >> yes, half and half. >> half and half. and many of us feel that's the wrong balance. i think that's one of the reasons why the pressure will be on for this committee to deliver. i don't think the house of representatives will approve a tax increase coming out of this committee, so the reality is this committee is going to have to go slog it through the hard

work, like many of us on some of the other committees that have worked on this have done, and find the necessarily difficult but important ways to achieve those spending reductions. i think they will be real. the legislation will make them real. and that's why i think this plan represents a $3 trillion difference in our fiscal policy. >> you know a thing or two about being on committees. you've one of very few republicans who has essentially agreed to those higher revenues to bring down the debt. >> i served on the president's fiscal commission and then on the gang of six as it moved forward. i wondered myself, i honestly don't know the answer as to whether i would really love the opportunity or not to serve on this committee. the gang of six worked out a solution, as you indicated.

we worked out a way to cut tax rates, reduce taxes, flatten the tax code and generate a tremendous amount of new revenue by growing the economy. i actually think that's how most americans would recommend putting revenue into the equation. >> that's maybe yes, maybe no on sitting on the next committee. thank you so much, sir. best of luck to you. we'll be watching what's happening in washington. you know who else is watching? wall street. let's take a look here at the number ps .the final numbers are settling on wall street. and not a bad day. in the positive territory at 12,132, up 10 points. alison kosick is the debt drama to be -- is some of that obviously affecting the numbers on wall street? >> well, yes. actually, we ended lower on the dow, 10 points. nasdaq is half a percent.. >> oh, it's in the red. >> that's okay. >> sorry about that. >> it's quite all right.

wall street has kind of put the possibility of default behind them, and the focus is on the km i. we found out that manufacturing last month was much weaker than expected. many analysts believe, brooke, that manufacturing really needs to help lead the way in getting the economy back on track. debt ceiling issues, everybody looking ahead, looking forward, and the future not looking so bright according to these number, not with manufacturing, not with job growth and not with housing. brooke? >> i think that was truly sub conscious on my part. wishing it and it wasn't. >> i hear you. >> but the debt uncertainty -- >> i get it. >> the 401(k)'s, investments, huge concerns as we've been talking about for a lot of americans. should the country, should we brace for a long-term hit? >> you know what, for sure.

this is all debt ceiling talks and the uncertainty about it has shaken our confidence. but it would probably see a full-on default for people to see problems in their retirement savings. there's jobs, housing, they're stagna stagnant. if you really want to see a rally that's going to stick, brooke, first those areas have to improve. they've got to start with jobs. jobs is a huge factor and there was a huge disappointment last month. we're getting a big jobs report this friday. we're going to see if there's a bounce for july. if we don't see a bounce, get ready to see a selloff on the market and at least a short-term hit to people's investments. brooke? >> thank you so much. a look at the markets there. this is all interconnected, obviously. coming up, donald trump weighing in on the debt deal and as we recently discovered, he's none too pleased. don't miss my conversation with the republican as we go back to the unfolding situation on capitol hill in just a moment.

but first, a possible break in one of america's greatest unsolved mysteries. 40 years ago this november, this man hijacked a plane, he then jumped out holding a pair surac and $200,000 cash. d.b. cooper, does that name ring a bell? also, you ever dream of going into space? you may soon get a chance. wait till you hear who's holding a private space travel contest and who showed up at today's announcement. [ waves crashing ] [ martin luther king jr. ] i still have a dream

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what if we turned trash into surfboards? whatever your what if is, the new sprint biz 360 has custom solutions to make it happen, including mobile payment processing, instant hot spots, and 4g devices like the motorola photon. so let's all keep asking the big what ifs. sprint business specialists can help you find the answers. sprint. america's favorite 4g network. trouble hearing on the phone? visit sprintrelay.com. [ male announcer ] want to pump up your gas mileage? come to meineke for our free fuel-efficiency check and you'll say...my money. my choice. my meineke. just want to remind you, we're keeping a close eye here on the looming votes there on capitol hill beginning in the house with this debt deal. first to the house, then to the

senate. keep in mind, the deadline to get this thing done, tomorrow. right now, live pictures there on the floor. they are debate then, of course, they will take it for a vote. meantime, let me move on. the fbi may have finally caught a break in one of the greatest mysteries of the 20th century. what happened to a man calling himself d.b. cooper. it's been just about 40 years since cooper bought an $18 plane ticket -- that's how you know it's a long time ago, you're paying $18 for ar plane ticket. donned a black clip-on tie and staged the only hijacking in american history that's still unsolved. cooper jumped out of the plane after trading passengers for four parachutes and $200,000 in small bills. a small boy found some of that money in 1980, but d.b. cooper hasn't been seen since he leapt out of the plane. now the fbi says it has a credible new lead and a new suspect. now, agents will not name the

suspect, but they have sent an item belonging to that person to the crime lab at quantico, virginia, for testing. and even though this hijacking happened in 1971, the fbi does have a fingerprint and a partial dna sample. they come from his black clip-on tie which he left behind when he jumped out of the plane. rapid fire, let's go. some amazing video, just released by the u.s. coast guard. they intercepted a submarine filled with drugs in the western caribbean sea. the water craft here called a self-propelled semisubmersible and they're used by narcotics transporters. this is the first time they've made an underwater drug removal from this kind of craft. and what a hall. -- haul. 15,000 pounds of cocaine worth $180 million. he is known for living in a pineapple under the sea, but now spongebob square pants is a wanted man. or at least the suspect wearing

the mask is. seen robbing a 7-eleven store in orlando. police are considering these suspects dangerous criminals. and investigators say an electrical short caused this fire in the cockpit of an egypt air flight on friday. you can see some of the smoke pouring out here of the front of the plane. nearly 300 passengers and the crew had to rush off the plane shortly after takeoff from cairo to saudi arabia. two firefighters were treated for smoke inhalation. and for the fourth time in july, mount aetna, look at her go. one of the most active volcanoes in the world erupting over this past weekend. the volcano on the island of sicily sent flames shooting over 800 feet into the air and lava fountains nearly 1,700 feet. look at these pictures. no casualties or damage reported. and finally, the contest i might

be signing up for today. the iconic seattle space needle is holding a contest that will send one lucky winner into space. 1,000 people who entered this contest will be randomly selected in november. then they have to submit a video saying why they should be chosen. don't go out and buy moon boots just yet, though. the actual trip will only be about six minutes of zero gravity before returning to earth. i still say pretty cool. the contest is being held to celebrate the space needle's 50th anniversary and it was built back in 1962 for the world's fair to mark the beginning of the u.s. space race. and now this -- hospitals are overwhelmed. a big meeting could go down that could have a huge effect on what happens next in syria. also, the republican presidential candidates now reacting to the debt deal. and some of their positions? they might surprise you. that's next. the bundler.

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and now for our cnn equals politics update, let's go to jim acosta in washington. good to see you. what do you have? >> well, brook, it's no surprise with the tea party folks being declared winners in the debt ceiling debate that nearly all of the gop contenders in 2012 are coming down against this deal. the politics of this is kind of interesting. because, you know, you have a lot of folks saying, well, the tea party won this battle and yet, you have some tea party members of congress planning to vote against this deal. you have some who are going to vote in favor of it.

you have folks like mitt romney coming out strongly against this deal. saying it opens up the door to tax increases later on. newt gingrich said this might be a good deal if it doesn't end up raising taxes in the end, but he didn't really come down and say one way or the other. john huntsman is the one republican at this point who's supporting this deal. tim pawlenty is not. but john huntsman fave found a wedge issue to drive some of the contrast between himself and some of these other contenders. he's not doing that well in the polls right now. he's going to have to find some kind of issue to generate some enthusiasm for this campaign. but brooke having spent almost all day on capitol hill, the folks in the tea party movement feel like they are winners, hashtag winning in this debt

ceiling debate today, brooke. >> john boehner said the cuts we're making are better than how we're increasing the debt ceiling. that was, you know, issue number one. and number two, no tax increases. so from him, it sounded like a win. jim accosta, thank you so much. who else feels like the tea party is winning? donald trump. you'll hear miff conversation from the outspoken republican. also, one of the most wanted criminals in the drug violence along our border now behind bars. one of his alleged victim, you will probably recognize. that is next. but first, fans in chicago are still in awe, hours after stir paul mccartney rocked wrigley field last night. who better to take us to break than a beatle. ♪ tonight i'll kiss you tomorrow i'll miss you ♪ ♪ remember i'll always be tr true ♪

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parts of syria right now are under siege. i want to begin here in globe trekking. take a look at what's going on. syrian forces launching a second day of deadly attacks. activists tell cnn that government forces killed 70 people across the country just yesterday. 50 of them in one city alone. we're getting these images you see here from youtube so we cannot independently verify them. you can see here the violence is intensifying. the government is trying to put down protest during the holy month of ramadan. leaders around the world are demanding this violence stop. president obama, shoeing a statement just yesterday saying that he is, quote, appalled by the syrian government's use of violence and brutality against its own people, end quote. he said syria will be better off when a democratic transition moves forward.

today the european union expanded sanctions againsts a dad a -- assad and his inner circle. now to mexico and a drug gang leader's shocking admission that he ordered the deaths of some 1,500 people. police captured jose antonio acosta hernandez on saturday. he's known as el diego and he's known as being part of the enforcement arm of the juarez cartel. he's the suspected mastermind in the killing of three people connected with the u.s. consulate in northern mexico last march. leslie enr enkwez eriquez were

gunned down in their vehicle. he's accused of setting off a bomb and shooting up a youth camp, laughing a hez pulled the trigger. he is making bizarre demands behind bars and find out why he's so apparently concerned about his looks. that's coming up. plus, women will soon get birth control without a co-pay, but that's not all health insurance will cover here, and it's sparking this massive firestorm. reporter roulette is next.

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well, we know behind the scenes a debt deal has been reached. the question is, can that debt deal -- in fact, i have a copy of the bill here -- all 74 pages. this is being put to the house first because apparently it will

have a tougher time passing the house. then it moves on to the senate then it will get the signature of the president to become law. we have been watching some of the debate procedurally. they debate rule then open debate on the house with regard to this debt deal and then it gets put forward to a vote. we also heard from the speaker of the house, john boehner. and the house majority leader eric cantor. they spoke half an hour or so ago. i want to play that sound in case you missed it. >> we listened to the american people. we have a real interest in making sure we don't get into this spot again. and that we ought to have a balanced budget amendment to the constitution. and i think if you look at the structure of the balanced budget issues in in agreement, it gives us the best shot that we've had in the 20 years that i've been here to build support for a balanced budget amendment to put

the kind of fiscal hand kufs on this congress that are sorely needed. we have never gotten ourselves into the mess that we're in with a balanced budget amendment. >> i think the big win for us and for the american people is the fact that have there are no tax hikes in this package. with so many people out of work, the last thing we need are tax hikes. >> time to play "reporter roulette." what investigators are learning about anders breivik. >> media are combing through his man test toe.

among the things he mentions in his manifesto are tipping for sourcing the materials on ebay. he apparently bought a lot of the supply including chemicals and he even goes so far as to say how to turn seemingly innocuous materials into lethal weapons. he also says his arrest by police would mark the quote, unquote, a propaganda phase. and a big part of that phase is reportedly his appearance. he did plastic history to enhance his nose and chin. took pictures of his new face and now that he has been arrested, he is reportedly refusing to have his photograph taken by police in that classic mug shot. he also requested in his court appearances to be seen with a military uniform. that was denied by the judge.

now he's insisting he only wear a specific red sweater. apparently all part of hit, quote, unquote, propaganda plan, brook. some news here will make many women happy. birth control and more without a co-pay. o. >> starting next year, your insurance company is going to have to pay for your birth control. you won't have a co-pay at all. that means your birth control pills, your iud, surgery if you want to get your tubes tied. the only thing your insurance company won't have to pay for is your vasectomy for your husband or boyfriend. this is just for women. surveys show that most americans like this idea. the only people who aren't too crazy about it is catholic groups and far right groups. they say they don't want their insurance premiums going to pay for something they philosophically object to. brook?

. co-ing up, the man accused of killing women then living with their bodies inside of his so-called house of horrors learns his fate. plus, a missing new hampshire girl was last seen in her bedroom. we have new information next. price-line ne-go-ti-a-tor. so, you've been double crossed by other travel sites and now you want to try the real deal. yes, is it true that name your own price... ...got even easier? affirmative. we'll show you other people's winning hotel bids. so i'll know how much to bid... ...and save up to 60% i'm in i know the lady in leather travels on three wheels. wait, is that code? that's my secret weapon... ...naomi pryce see winning hotel bids now at priceline.

sure, but let me get a little information first. for broccoli, say one. for toys, say two. toys ! the system can't process your response at this time. what ? please call back between 8 and 5 central standard time. he's in control. goodbye. even kids know it's wrong to give someone the run around. at ally bank you never have to deal with an endless automated system. you can talk to a real person 24/7. it's just the right thing to do.

police have found a female body in a river not too far from this girl's home. let's go to sunny hostin.

in terms of details do we know where exactly this body was found? >> yes, we do. apparently this body was found in the connecticut river not far from cass' hometown in new hampshire. certainly, brooke, this is not what police wanted to find. they have not identified the body, but they seem to now have cordoned off the cass home. they have car donnordoned off ta and there's some ipd b case tnds is the body of the little 11-year-old girl. >> she was last seen on her computer in her bedroom. we have now heard from her biological father yesterday and coming forward as any parent would, pleading for his daughter's return. is it unusual for parents of a missing child to stay mum, to stay quiet for so long? >> it isn't unusual.

often times, brooke, investigators ask the family not to make public statements because these are active investigations. but in this case, certainly perhaps in conjunction with the investigative team, they did decide -- he did decide to make that statement. >> her father says she's not the child that would leave on her own, someone must have taken her. my question is, is it more difficult to kidnap a child from a home in a town where, you know, everyone knows everyone else. population 800 here. wouldn't that just make it more likely that someone must have seen something? >> you would think so, but often times children just seem to vanish in thin air. it's really surprising. i have seen abductions where there are very small towns, brooke, and no one know where is the child went. and then in very, very large cities where you have multiple sightings. so it happens in different ways, depending on the circumstances of the case. depending on the facts of this case. but certainly this is a very,

very sad turn of events if, indeed, this is the body of little 11-year-old selina cass. >> anthony sowell today was watching his lawyers try to save his life. he's accused of murdering 11 women and stashing their bodies under a his home 234 cleveland. during this guilt or innocence phase in the trial, his lawyers didn't put up much of a fight. didn't call any witnesses, didn't present any evidence in 24 man's case? is that unusual in a capital murder case like this? >> i won't say it's unusual, especially when you have a case like this where the evidence was just so overwhelming. we're talking about 11 women and the bodies were found in his home. often times, defense attorneys make the decision that while the guilt is overwhelming, they're going to put all their eggs in one basket and they're going to try to save their client's life.

inthafgs the strategy from the very beginning with this team defense. >> i guess i shouldn't say accused serial killer. convicted serial killer. his lawyers are taking a very different approach to sentencing, are they not? >> well, they are. and again, they're sort of putting forth quite a vigorous case and trying to convince this jury not to put him to death. because they have two options. they can put him in prison for the rest of his life without the possibility of parole, or they can sentence him to death. so they've been putting forth a lot of what we call mitigating factors in the law, trying to explain to this jury that there are reasons why he behaved this way. there are reasons why he killed so many women, that he's a disturbed person, someone that's depressed, someone that was abused. and that seems to be the tactic that we often see in these types of death penalty cases. the prosecution puts forth these really terrible horrendous factors.

they're trying to save his life. the facts are 11 dead women, some of whom were found in the walls of his jury. even the people who are against the death penalty said we don't want someone like this out on the street. we don't feel comfortable putting them away with life without the possibility of parole. i think the conventional wisdom out there is that he should be put to death. but we'll see what happens. continuing the debt conversation as the house gets closer and closer on this debt deal, we have heard from the vice president. after a meeting with his caucus,

congressional democrats. let's listen. >> i didn't go to convince, i wanted to explain and lay out exactly how we gt to where we were and why this is so important for the country. my career up here is very secured. i never asked another person to vote against. i am confident my sense, i was treated well. my sense is that they expressed all their frustration, which i would be frustrated as well. and that we were taken down to the wire like this. and so what they want to know is, they asked questions specifically about the proposed legislation. excuse me, i'm sorry. i thought it was a good meeting and i feel confident that this will pass. >> so there you have vice president joe biden confident with regard to this debt deal.

let's go to the white house to my colleague. i know the action is happening down the road, down pennsylvania avenue on capitol hill. so tell me what is happening today on the white house? >> the president and the vice president are involved, perhaps reaching out to members of congress, but that's something the white house has not confirmed. in fact, nothing on his schedule happening today. but no doubt the president working on that behind the scenes. the vice president making that hard sell, especially to liberal democrats a short time ago. they're unhappy because they believe the poor and the needy are going to take the biggest hit and the wealthiest americans are getting off here. there's no revenue or disagreement, no tax hikes. and so these are the democrats that the white house are working on, the vice president answering their questions and explaining

the deal to them. . and the bill sell, at least according to white house spokesman jay carney is telling these members of the democratic party that this deal is good for the american people. that the american people are the winners in this deal. >> obviously the big if, if it passes the house, then it goes on to the senate. if it passes the senate, obviously the president needs to sign the bill. subpoena august 2, is that a hard deadline or is that soft? >> they explained august 2 was a deadline. if there's no agreement at that point, that's when the nation would go into default. clearly, we have an agreement here. if there was an agreement or they were on their way to some agreement and they needed a couple of days to essentially cross the t's, dot the i's then

the president would be willing to entertain something like that. we hear no talk about something like that right now, but that's something the white house has said in the past. >> okay, dan, appreciate it. you will hear my conversation with donald trump.

donald trump guess what? he says debt is a great thing and he's got nothing but love for the tea party movement. we covered the debt ceiling negotiations, the president's political maneuvering, the upside of owing more money than

you've got. listen. >> could debt be a good thing is my point. you have to spend a little money to make a little money. >> i love debt. i've used to become very rich. it's leverage. you can't become really, really rich without debt. you'll use it and if things are good, that's great. and if things are bad you'll renegotiate or you'll do something or do what i have and lots s os of others of the big most important leaders have done, which is take advantage of the laws that are given to you. sometimes that's the chapter laws. but debt can be a great thing if you know how to use it. but it's a very dangerous thing. it's a slippery slope. >> on the hill there's been a heck of a lot of negotiating and criticism for the tea party movement-backed republicans. some are saying they're the ones holding these talks hostage. they absolutely did not want to raise the revenue and they're not. so that's a win in their column. and i want to just use the metaphor for you. let's say you're running a company and you have some

recalcitrant members of the board. as ceo how do you handle them? >> it's called get in a room and talk. i think boehner did a very good job. i have love for the taet party. they've done something nobody else has been able to do. we're already close to $15 trillion in debt. we as a country are doing poorly. the unemployment rate is going up. other countries are eating that you are lunch. and our country is becoming a very, very -- let's call it a very unsuccessful country. and the tea party made people realize some of these things. i have a great respect for the tea party aempb i know people

who are members of the tea party and i respect them a lot. wolf blitzer, who do you have coming up on sit room talking debt? >> we're going to have a very different perspective, dan pfeiffer, the communications director over at the white house, he's here in the situation room. we'll get to hear what he and the president have to say what's going on right now. they're working hard behind the scenes, in front of the scenes to get enough democrats, especially in the house of representatives onboard to help the republicans pass this deal. it's going to be a close one in the house. it's going to be a lopsided roll call in the senate once the senate decides to vote. that could happen after the house vote. the president has until tomorrow night to sign all of this into law, assuming it passes both chambers. we also have the chairman of the congressional black baucus. congressman emanuel cleaver. he's going to be joining us. a lot of his members in the

congressional black caucus, in the so-called progressive caucus as well. they're not happy about this. many are going to vote against what the president of the united states wants them to do. we're going to have a good show coming up right at top of the hour. >> thank you so much, wolf blitzer. we'll see you in five. if you're on capitol hill, it's pretty chaotic. a fantastic story to cover, but it's chaotic. lawmakers are scrambling to keep a deal from getting to the president's desk. coming up next, a look at what's happening behind the scenes. joe johns in the thick of things on the hill. we'll get your political pop after this break. tra-wealthy. it's a necessity. i find investments with e-trade's top 5 lists. quickly. easily. i use pre-defined screeners and insightful trading ideas to dig deeper. work smarter. not harder. i depend on myself the one person i do trust

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ask your doctor about symbicort. i got my first prescription free. call or click to learn more. [ male announcer ] if you can't afford your medication, astrazeneca may be able to help. >> i want to go to my colleague joe johns who is covering the coverage. being part of history, coffering the story, meeting these members of congress who, you know, this the 11th hour. >> right. there are a lot of media people here. we wanted to give some a view of where we are. we sort of pan over here, you

get this beautiful ornate, round hall way, which is the crew of abc's "world news tonight" but there are a variety of other news crews from basically all over the world. i realized that this is an international story, people all over the world want to know what's going to happen in the united states and its financial situation. we sent an intern out. trying to capture some of the chaos, if you will, in the hallways. here you go, just take a look at this. he goes out to a stakeout and the crush of reports, camera crews and the like, all waiting for democrats and the vice president to emerge from a meeting there where they're talking about whether they can sign on to the deal or not.

because this was such a tight space, i didn't know alonzo was shooting even though i was around the corner from him. it's sort of a stop and go kind of situation. you don't know when negotiations might end or start up again. a news conference gets called, canceled. >> i wanted to ask you, joe johns. you' been in d.c. for decades. how long did you cover the hill? and how does this compare. >> i think i did a