joining me is the city solicitor, paul kelly. this is very serious.ou are issuing checks despite the fact that the judge told you you couldn't. how are you going to cope with the action you may face on monday? the unions are saying you're in contempt and want to take you up on that and how are you going to handle that going forward? >> let's set the record straight. there's not a surprise here. it was last wednesday when the mayor pulled the union heads into his office, gave them and issued a letter indicating that because service providers have threatened to cut off services, he had no choice. there's simply not enough money. the council's budget was never properly funded. we can't get enough money to pay everything. if the mayor did not, as is his right under the home rule charter, pay the health care providers, no city employee, union or nonunion would have health care coverage. if the mayor did not pay the land fill, no city resident would be allowed to put their garbage to the street because they would not be able to dump. if the mayor did not pa

a minority or woman like bobby jindal or kelly ayotte or paul ryan or scott walker. picking a vp comes down to math. florida is the tossup state which makes marco rube yow and jeb bush attractive. many are predicting a safe pick. he may throw a hail mary and go with someone no one, speblghts. it's a strategy history tells us has mixed results. so kelly, now the big question is when will he make the big announcement? many candidates wait until right before the big convention at the end of the summer. some want him to make it sooner rather than later to shift some of the focus off bain capital. ultimately, it's up to him who help wants and when he will pick. >> mitt romney visiting a key swing state today. the president is in a traditionally red state. >> reporter: let's start with mitt romney. today he's in pennsylvania. he's doing a little bit of work on the campaign trail hoping to be the first republican in 24 years to take the stage. mitt romney's campaign said they cran do that on the other hand you have president obama with four fund-raisers in texas. we know th

paul's high school. he gets don kelly and their use see dj. he left to a standing ovation.me run to miguel cabrera. the orioles are shut out but are eight games back of the yankees. the yankees lost to the angels. t goes flying.lyi guess who gets it? spike lee. angels cool off the yankees. granderson with a tremendous catch. weaver is 11-1. for payment deadline for the ravens to sign ray rice to wait long term contract. if not, he will play under the franchise tag. 4000 kids and their parents. ray said he is optimistic that a deal will get done. this is troy madison from 59 feet away on 17. this eagle ties him with a sack johnson for the lead -- for zach johnson. check out zach johnson from the trap. he wins the john deere. this thing almost goes in. the major league debut of steve johnson. what a moment. >> thank you. this morning we asked -- how do you see the second half of the season playing out for the orioles? >> keep sending us those responses. we will read more of your responses in the next hour and post all of them on the front page of our website, wbaltv.com. get

kelly ayotte, republican senator from new hampshire. paul democrat. -- republican of the ryan budget. john thune senator republican from south dakota and bob mcdonnell, governor of virginia. [yawning] >> bill: all i gotta say is there's one test. now we know what the vetting was all about. the one test is there had to be somebody even more boring than mitt romney. don't you think? with one exception, i would say on the list. that's chris christie. i mean christie is hardly boring. which is why christie will never get the job. he'll never get the job because he would easily, easily outshine mitt romney on the stump and get more attention and more press than romney would. but remember these guys, remember tim pawlenty didn't exactly set the world on fire, did he? he didn't get past iowa. >> going to be ending my campaign for president. i'm grateful for the people of iowa, the people of this country who i had a chance to make my case to and for my supporters and staff and friends who have been so loyal and helpful. i really appreciate all of th

i think you cannot rule out marco rubio, kelly ayotte, and paul ryan. all have been under consideration. we really don't know. only romney knows. but we are entering the final stages of this decision making process. >> sooner or later do you think we'll hear? >> i think it will be after the olympics. but the campaign says it could be anytime between now and the convention in august. and i have to say, democrats already preparing their opposition research. this is something i just got in today from a group called american bridge super pac, opposition research on all of the top candidates. >> all right, jon. have a great weekend. and george is going to have a great weekend. we'll see him on sunday morning to cover the veep stakes and all the top news. george will be on "this week" sunday morning. >>> now, to the developing olympic story first reported here on abc news. the u.s. team headed to the games in uniforms actually made in china. those uniforms are causing so much controversy. members of congress now calling for action. american jobs, and a whole

brush will be cleared along the creek at kelly park to prevent more fires and the city will try to hire more park rangers to monitor the area. >> paul mccartney and bruce springsteen may be rock 'n' roll legends but they still have to follow the rules. last night the two were singing "twois and shout" when the plug was pulled. it ran over the sound curfew of 10:30. springsteen is known for his marathon concert sets. a show last month went on for nearly four hours. but with what we're paying for ticket prices? >> alan: can't pull the plug on the boss and mccartney. rock 'n' roll sacrilege. let's check in with leigh glaser. she is looking at the weather. >> leigh: behind me is from the high definition santa rosa -- yeah, you wish you had a beach in santa rosa -- santa cruz -- sorry about that -- and right now you can see the overcast is there, but people managed to get out and enjoy a little peek-a-boo sunshine. santa cruz, 68 degrees, a pretty good west wind up to 12 miles-per-hour. live doppler 7hd showing you that wall of fog still sitting right near the coast. inland temperatures warmed up nicely today, as much as five or six degr

kelly. >>> in the meantime, it's friday the 13th. and we were asking if you have any superstitious trading tactics. my favorite comes from one viewer who says he invests in companies with ceos named paulldwide@cnbc.com or tweet us @cnbcwex or kelly underscore evans. or i'll take it. >>> still to come, spanish banks borrowing from the ecb hit a new record level in june. we'll head to madrid for the latest just after the break. >>> the results of the italian debt auction are out, and this time around, it was a three-year debt that italy was auctioning off. so they have sold 3.5 billion euros of this three-year government paper. the yield coming in at 4.65%. now, that represents a drop in the yield since the mid-june auction. and it's the lowest since may. so 3.5 billion euros of three-year debt coming in with a yield of 4.65%. that's down from 5.3% in mid-june and the lowest since may. the bid to cover on that coming in at 1.73. just checking in on what this means for the italian curve. we're looking at the ten-year now, back below 6%. 5.935% on that benchmark italian ten-year debt. after yesterday's one-year auction, which we saw the average yield coming sharply lower as well, this thr

kelly. she was talking about what they're doing in spain. what are they doing if spain? raising taxes and cutting spending. paul krugman is on later and i know he hates what they're doing in europe. perfect day to talk to him. >> he will have lots of views of what's going on. when is enough is enough is the big question. >>> let's talk about other news. a third california city is seeking bankruptcy. this goes to all the issues we've been talking about. san bernardino, the city is about 210,000 residents, east of los angeles, filing a report by city staff saying the city faced an imminent financial crisis. >> it's by big city. >> that is a very, very big city. meantime, creditors of alabama's jefferson county say that county is too slow on a workout plan for ending its historic $4.23 billion bankruptcy. if jefferson county fails to meet a workout plan plan fixed by a federal judge, the u.s. biggest ever chapter 9 municipal bankruptcy could be dismissed. this is happening across the country. >> san bernardino is one of the cities we talked about the other day with rick scott was on -- you know, he turned down the

kelly. >> reporter: hi, richard. not much time left, which means there will be deadlines, deadlines, deadlines. and the bill was from ron paultrail, debating that in the house. also, trying again, house republicans are, to move forward with the keystone pipeline project that the president had put on hold. there's a lot they need to get done before they head off for the big summer recess, when so many of them will hit the campaign trail so hard. part of what we'll also see is a lot of debate this week about the middle class tax cut. now, much of that will be happening on the senate side, where majority leader harry reid says he will bring forward the idea the president has, which is to continue the current tax rate for those who earn $250,000 a year or less. now, republicans would like to see all of the tax cuts extended, or at least a vote on all of that. there are some questions about what it will mean to the economy if those tax cuts expire, and there's of concern that it may, in fact, keep getting moved forward and possibly into the new year, which would mean there would be some kind of tax increase for everyone, and coul

and paul ryan, the house budget chairman is also sort of in the mix, too. there are lots of other names, kellyarco rubio, but the top two still seems to be rob portman and tim pawlenty. we'll see if we get a pick in the nmgs next few weeks. >> great talking to you. thanks so much for being here. >> thanks. >>> here is christine romans with this morning's top stories. >> good morning. good morning. police are working to release two kidnapped americans. there are concerns about the health of one of them. 61-year-old pastor louis. he's a diabetic and no one knows if he has his medication with him. >>> a difficult wildfire is a canyon is threatening dozens of homes in north carolina. the fire has destroyed two homes and another 170 homes are in danger. the fire is just 20% contained. the california national guard and nearly 2,000 firefighters trying to put it out right now. >> the estranged wife of mary kennedy was moved and has been buried on a hellside in cape cod. the kennedy family bought 50 plots around her grave to be reserved for his children and their spouses. >>> officials in san bernardi