kate baldwin, cnn, capitol hill. >>> this is the latest sign of dead lock in washington. remember what happened last time? in august political fighting cost the united states its topnotch credit rating for the first time ever. they downgraded the debt assessment from aaa to aaa plus. it followed months of squabbling over raising the debt ceiling. even though a deal was finally rea reached, the credit agency says it didn't go far enough. >> all sounds familiar. coming up on "world business today", burned while the underground world of banking. the once thriving town of munjo. it could be a domino effect of lawsuits. who need imagine... one scooter or power chair that could improve your mobility and your life. one medicare benefit that, with private insurance, may entitle you to pay little to nothing to own it. one company that can make it all happen ... your power chair will be paid in full. the scooter store. hi i'm doug harrison. we're experts at getting you the power chair or scooter you need. i didn't pay a penny out of pocket for my power chair. with help from the sco

here is kate baldwin. >> reporter: this boy is a shy 9-year-old boy, a boy without country, so to speakved to israel and then we were very proud that our third child was born there. and we want his documents to say that. >> his son is at the center of a highly charged legal dispute potentially pitting one family's wish against the future of the mideast peace process, all over a u.s. passport. >> there have been 50,000 americans in the last ten years that were born in jerusalem and many of them would like to have israel indicated as their place of birth in the passports. but this is also an extremely important gee yoe political issue. >> reporter: jerusalem is the holy center of three different religions, the united nations and most of the world community do not recognize jerusalem as the capital of israel. both israelis and palestinians consider the city their own. they're american citizens. when their son was born in jerusalem, they requested his u.s. passport list israel as the place of birth. following the normal practice for americans born outside the u.s. but nothing is normal when

>> thanks to our kate baldwin. so who takes the blame if a deal does not get done?ooking at that with our political insiders at the bottom of the hour. also this morning, a story i want you to chime in on. the story goes, a high school coach in kansas city is under fire, some are calling for him to be fired. he's right now on administrative leave. this is because of this comment he made to a student, and it is caught on camera. take a look and a listen. >> future welfare recipient w. - >> he called a student a future welfare recipient. we'll tell you how this all ended up on camera and why the boy's family has filed a racial harassment complaint. you got a weather balloon with points? yes, i did. [ man ] points i could use for just about anything. ♪ keep on going in this direction. take this bridge over here. there it is. [ man ] so i used mine to get a whole new perspective. ♪ [ male announcer ] write your story with the citi thankyou premier card, with no point caps, and points that don't expire. get started at thankyoucard.citi.com. the progresso chicken noodle y

our congressional correspondent kate baldwin is standing by. she's in the capitol building now. , congress, washington, missing deadlines becoming all too familiar. where do we stand now? >> i think we can say, don, at best the super committee is on the brink of failure as talks have all but fallen apart. especially in the last, i would say maybe 24 hours really. the question, the conversation is now kind of how and when the committee is likely to make its formal announce they have failed versus they are near some kind of agreement and could be making an announcement anytime soon. of course there can be a hail mary pass at the 11th 0 hour but with such little time left it seems unlikely the committee will be able to reach any sort of agreement and more likely they have failed. evidence of that, don, just listen to the dramatic shift in tone among committee members themselves. they fanned out on the sunday morning talk shows and their tone and what they are talking about and focusing on, shifting from not pushing for agreement and pushing for a deal and we're hopeful to who should

our congressional correspondent kate baldwin has more. >> reporter: the so-called supercommittee is on the brink of failure as talks have fallen apa apart. the conversations as many members took to the sunday morning talk shows shifting from they are pushing for a deal, pushing for an agreement and hopeful they would reach it to now who should be to blame if and when the committee does fail. >> nothing new came out of this, from the democratic side, the same thing, raise taxes, pass the president's job deal. on the republican side, you had the one true breakthrough and that was this new concept of tax reform, which could generate revenue from the upper brackets for deficit reduction. >> the truth is at this point today, democrats have made some really tough decisions and come to some tough choice that we're willing to put on the line, on entitlements, spending cuts, but only if republicans are willing to cross the line on the bush tax cuts and be willing to say, revenues are to be a part of this solution. >> both sides clearly blaming the other for not being able to reach agreement of

>>ysabel: that was kate baldwin.matically be 12 trillion dollars in cuts in 2013. evenly divided between defense and non- defense programs. >>marty: stanley roberts is going to be coming up at and occupy movement. >>ysabel: first, this se quick k at the sierras. north star drive. at 267 tire chain laws could be in effect in this area please check ♪ >>marty: a suspected parolee was captured in oakland. they spotted the man near grand ave. two different car crashes and a carjacking of an suv. they eventually caught him up near college ave. >>ysabel: the occupy movement is beginning to lose support partially because many are puzzled about their intentions. and it does not help the cause won battledoes it help the battt because when it is between the two different gangs. >>stanley: this is video from occupied san francisco. it has to do with this china cabinet. in an attempt to clean out with the state's mandate some items for cost. let people that video. these people were fighting over this door. >> occupy the door! >>s

let's start with congressional correspondent kate baldwin on the hill. all right.o, the sticking points. why did the supercommittee not come up with an agreement with a plan and a deal at this stage? >> well, holly, barring some unforeseen, and i stress unforeseen, breakthrough of this committee is headed toward failure, and it seems what it really came down to is they just couldn't, members on this committee, couldn't bridge the divide. maybe they couldn't find the political courage in an election year to come together, to compromise and to see eye to eye on the issue of taxes. just listen here to two members on the committee, democratic senator john kerry from massachusetts and the republican senator fr senator. >> there is one big hurdle to get over. the republicans have been insisting that we make permanent and extend the tax cut to the wealthiest americans. we cannot in good conscience extend the bush tax cuts at the higher end when we're at a 60-year low in terms of the revenue coming into the government. >> our democratic friend said we won't cut one dollar

. >> kate baldwin, thank you. they're looking for some court of compromise. just look at wall street. the dow is down almost 300 points right now and that is obviously going to be a big factor in this, is how investors are going to respond to what happens on capitol hill, and here's your chance to talk back on one of the big stories of the day. our carol costello is going to be talking to us about the super committee and its congressional rescue. carol joins us live from new york, and carol, you can just get on twitter right now and search under the hash tag super fail. this is a big time -- this is a big time letdown, i think, for a lot of americans. they were really expecting congress to do something about this. >> yes, you are right. remember that old bonnie tyler song, jim, "i need a hero, and it it's got to be soon and larger than life"? do you know somebody like that who could put philosophical differences and tax pledges aside? i know who that person isn't. he or she does not sit on the supercommittee. the committee of six republicans and six democrats