. >> we'll have more after time house speaker jone boehner not agreeing to more . standard and poors threatened to downgrade the country's rating. president obama accusing them . one of the guys making that decision will be here . gang of six members telling me we will not default and we will pay our debt. he and other top gop leaders insist that the president and leaders playing a dangerous game of hard ball. chris turner has been up part of the night working her sources. what are you hearing right now. >> at the moment, i think the best thinking i can offer you and your viewers most republican aids think we will walk away with all of this a short-term extension of the debt deal. the president will not accept 30 60 or 90 days. but they will have to buy them time. what you are seeing right now, everything is spilling out all over the place and so messy, they will chem to a realization that they need to buy time or they need to get realistic about the cuts . shrink the size of the debt ceil match the spending cuts. but we are headed to a short-term agreement maybe s

house leaderships in jone boehner's office.are hoping to agree by tomorrow afternoon on something. senator majority leader harry reid disappointed there is no compromise. be hur to watch the interview tomorrow with john boehner tomorrow. >> a double wave of terror that left norway in mourning. the attornefor the suspect said his client admitted responsibility. one shattered the prime minister's building with a powerful bomb. police are investigating whether there might be a second gunman basod witness accounts. 90 people were killed in that. we'll get you back to huckabee. >> june 29th, the un resolution that said indig news people have a right to exist and strengthen cultures and traditions. a lot of israelis believe that is israel. >> we are an indigenous . people. we have been her 4000 people, thos all. abraham came here, and you know, sons of jacob and one of them called benjamin. they walked around israel and it was 3800 years. >> boy that definition, israel should be in a good position. is it a useful tool that israel has

. >> instead of speaker boehner leading the tea party he seems to be leading them. >> dow jones down54 points we're off a little bit in the s&p and nasdaq. kristin welker is on the white house. luke russert is on capitol hill. kristen, this has got to be a frustrating monday for the white house. the president went into the weekend completely frustrated that he said i can't even get a phone call back. how do you move the ball at this point? >> frustration sa good word. most of the action right now is on capitol hill. and one democratic aide who has knowledge of the situation tells me that the white house really believes that the ball is on the other side of pennsylvania avenue right now. they say that this is the congress's job to come one a plan and move the situation forward. having said that the president is still very much involved in these developments. staffers here at the white house in constant contact with the folks of capitol hill. as you said there were meetings over the weekend so they're keeping those lines offense communication open. but you know the president continues

like that's still going on at this moment john boehner struggling to get his party to cooperate and of course today a group of progressive featuring van jones and representative keith ellison also gathered on capitol hill their demands that congress not gut social security medicare and medicaid so what's going on here are van jones and other progressive trying to start their own tea party of the last for more on this topic i spoke to richard ask out senior fellow at the campaign for america's future i started off asking him what exactly does new progressive movement is trying to say if elvis here's his take they are basically expressing the viewpoint of most americans according to the polls including most republicans and surprisingly even in some cases most tea party members with their say is that there should be no cuts to social security or medicare as part of a deficit discussion that social security should be fixed by raising the taxes particularly the payroll tax about one hundred six per thousand dollars which is his current limit that military cuts should be a big part of any long term plan and that we need aggressive action now to g

jones are all over the debt ceiling debate. they're tracking the latest developments. joe, let's start with you on capitol hill. speaker boehner's bill was tabled by the senate last night. that means it's not going to get voted on. nothing is going to be done with it. so what is happening now? >> reporter: it's a tennis match really. as you know, the senate democratic leader harry reid has a bill he's trying to push through before tuesday. but meanwhile, the house of representatives controlled by republicans has jumped the gun. they've taken harry reid's bill. they're putting it on the floor. they're going to debate in about 40 minutes. and then it's going to be over with and presumably it's going to be down in flames. and so you ask, well, what's the reason for this? i talked to one senate house republican aide who told me, they're doing this to send a message to the senate that their bill can't pass, won't pass and to stop wasting their time on it. so you've got to ask yourself, what would pass? there was one democrat right here just a few hours ago, barney frank, the ranking democrat on the house financial services committee,

boehner are taking their arguments to the people. >> and the continued uncertainty over the crisis drove stock prices down today. and the dow jones fell 150 points in the first 15 minutes of trading and never fully recovered. it ended 88 points down for the day. that uncertainty impacting wall street is being felt here in the bay area and. >> reporter: webster street is about as far as from wall street and close to main street america as it gets in the bay area. life here is not immune to the tough realities of a mean economy or worry that comes with it. >> you know, just struggling. that is all. >> foot traffic is lacking at larry's shoe repair. talk about raising debt sealing has his ceiling has him frustrated and nervous. >> this is messing around with people's income. >> with congress at a stalemate, vicky bell took a walk around the uss hornet, hoping this will not mean a drop in the value of her 401(k). >> if it does, i would probably be in the same boat as everybody else, trying to scrounge and find ways to make a living for myself. >> the delayed checks, cuts to police services and another painful recession are just some

boehner needs these guys. how will this guy vote? he will tell us. and only us. look at the corner of wall and broad on the big board the dow jones industrial average down 6 2 1/2 points. we focus on the markets for good reason, we are led to believe they are sort of waiting to see what comes out of washington. but, are we making a mistake if we go the other way and conduct national policy, political long term debt policy based on the market? charles says "be careful." >>guest: be very, very careful. you have a couple of things going on. first the scare tactics that everyone is using in washington, you remember when the tarp vote did not go through and the dow jones industrial averages with down 700 points. do you want that to happen? president bush signed tarp into law october 3rd, 2008, march 9, the dow jones industrial average was off 4,000 points so that was not a panacea. unemployment got worse. our economy got worse. we have to be careful about worrying about the knee-jerk reaction. because they have said it so many times and because harry reid compared it to the great depression and armageddon there will be self self-fulfi

jones of north carolina. and lynn west motherland of georgia. bob cusack in "the hill" writes the motives without a dote the most roll call of john boehner as speaker, if every republican voted against the legislation, republican leaders need to minimize defections in order to pass it. house republican freshmen this morning held a briefing to announce -- many of them, to announce their support for the boehner plan. we are going to show that to you next as we wait for the house to come back in at noon. >> i just want to start by thanking all of you for being here. we are all freshmen. we felt it was important to come out and express our views on the current debate over how we move forward. all of us here, and there will be more joining us, support a plan that the speaker has put forward. we believe that it is consistent with our principles. it doesn't raise taxes. it cuts spending now. it cuts spending in the future. it is not a perfect plan, certainly, but it's a good step forward that gets us heading down the right path and starts to deal with the trajectory of our spending. and it puts in place a mechanism where we can deal with the big drivers o