shop small. captioning sponsored by rose communications from our sdios in new york city, this is charlie rose >> hunt: we begin tonight with the latest on the budget talks. after meeting with top congressional leaders, president obama said both sis had pledged to come to an agreement before augus2. that's when treasury secretary tim geithner said the u.s. will default on its debt obgations. though there was no break through, the president said today's talks has been "very conductive." >> i will reconvene congressional leaders here on sunday with the expectation that at that point the parties will at least know where each other's bottom lines are and we'll hopefully be in a position to then start engaging in the hard bargaining that's necessary to get a deal done. i want to emphasize that nothing