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additional funding for washington week is provided by the annenberg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. >> once again, live from washington. >> good evening. well, that head banging you may be hearing is the sound of frustration here in washington as the august 2 debt ceiling deadline he grows ever closer. negotiations collapsed again tonight, yet the latest twist in the series of talks where each party has had its turn walking away from the table. the president came into the white house briefing room late today to offer his version of events. >> up until sometime early today when i couldn't get a phone call returned, my expectation was that speaker boehner was going to be willing to go to his caucus and ask them to do the tough thing but the right thing. i think it has proven difficult for speaker boehner to do that. i have been left at the altar now a couple of times and i think that, you know, one of the questions that the republican party is going to have to ask itself is can they say yes to anyt

i'm pete williams in for gwen ifill tonight on "washington week." time is running out to get a deal on the debt and deficit here at home. >> by august 2 we run out of tools to make sure that all our bills are paid. so that is a hard deadline. at a certain point they need to do their job. >> but republicans are pushing back hard. >> instead of going to phil tonight and raising money, why didn't he call senator mcconnell, speaker boehner, minority leader pelosi? and majority leader reid into his office and sit down and do his job? >> a game of chicken or a principaled standoff and where will it lead? while in greece protests over drastic measures to keep that country solvent. is there a ripple effect for the global economy? the republicans have a new candidate for president. >> together we can make a better america if we stick together. together we can bring the promise of the future. >> account tea party favorite run toe to toe with the other contenders? and the roberts court concludes its term with a major first amendment ruling. we wrap up the sess

i'm pete williams in for gwen ifill tonight on "washington week." time is running out to get a deal on the debt and deficit here at home. >> by august 2 we run out of tools to make sure that all our bills are paid. so that is a hard deadline. at a certain point they need to do their job. >> but republicans are pushing back hard. >> instead of going to phil tonight and raising money, why didn't he call senator mcconnell, speaker boehner, minority leader pelosi? and majority leader reid into his office and sit down and do his job? >> a game of chicken or a principaled standoff and where will it lead? while in greece protests over drastic measures to keep that country solvent. is there a ripple effect for the global economy? the republicans have a new candidate for president. >> together we can make a better america if we stick together. together we can bring the promise of the future. >> account tea party favorite run toe to toe with the other contenders? and the roberts court concludes its term with a major first amendment ruling. we wrap up the sess

tonight, on "washington week" -- >> it's time for somebody in this town to say yes. >> the only compromise that there is, is mine. >> there are plenty of ways out of this mess. but we are almost out of time. gwen: a stubborn standoff throws washington into chaos. >> this is a time that i think most of us that have watched politics have never seen before. >> it's unfair. it's bizarro. gwen: but compromise remains out of reach. >> folks, we've got to hold the line, we've got to stand strong. gwen: will the nation be able to pay its bills by this time next week? and what are the consequences if it can't? covering the week, jeanne cummings of bloomberg news, major garrett of "national journal," karen tumulty of "the washington post," and david wessel of the "wall street journal." >> award-winning reporting and analysis, covering history as it happens. live from our nation's capitol, this is "washington week" with gwen ifill, produced in association with national journal. corporate funding for washington week is provided by -- >> we know why we're here, to give our war fighters every advantage.

tonight on "washington week" -- >> if we can't do the biggest deal possible, then let's still be ambitious. it is constructive to say that if washington operates as usual and can't get anything done, let's at least avert armageddon. gwen: but a debate over whether to raise borrowing limits exposes a deep policy and political divide. >> we're at 6.2 trillion and they're at 1.5 trillion at best. that's just the way it is. >> republicans refuse to be drawn into this legislative trap. >> no jobs bill in sight that's worth its salt. and yet, dealing recklessly, dealing recklessly with our economy. >> why are so many republicans in congress still saying that a first-ever default on our nation's financial obligations would be no big deal? gwen: wall street, bond-rating agencies and the federal reserve sound the alarm. >> it would create a very severe financial shock that would have effects not on on the u.s. economy but on the global economy. gwen: while some republicans say it's a phony problem. >> this is misnomer that i believe the president and the secretary have been trying to pass off on th

. >>> the dalai lama arrived in washington this week for an 11-day peace festival. the event, called a kalachakra, includes buddhist rituals and lectures by the dalai lama and others. the opening ceremonies took place on the dalai lama's 76th birthday. the spiritual leader spoke of his recent decision to give up his role in the tibetan government in exile. he said he has come to believe religious and political institutions should be separate. >>> we have a special report now on the ongoing theological controversy among many christians, especially evangelical protestants, over who goes to heaven and who goes to hell. is salvation limited only to those who profess faith in jesus christ? one prominent evangelical pastor has re-opened the ancient debe. kim lawton reports. ♪ i can only imagine ♪ what i will do >>> for millennia, people have being trying to imagine what happens after death. is there a heaven? who gets in? and what happens to those who don't? >> everybody dies. we want to hope that the people we love we'll see again, and we want to hope that our own identi

two ingredients heartburn solved. >>> so, who had the worst week in washington? ek is not over and msnbc contributor and managing editor of politics.com chris cillizza joins us, and wait until the first of the week with the budget talks, but we are talking about the republican candidates, because they had problems producing dollars on the scoreboard. >> well, andrea, i work on monday to friday week, and we will have to work on the weekend. >> and you call yourself a journalist. >> and from monday to friday at least. look, if you add up what the republican candidates have raised, and including michele bachmann and we don't know what she will bring, but let's call it $40 million total and barack obama's will raise as much as $60 or $80, so you are talking about a huge fund-raising disparity, and we know that the economy is slow, but it speaks to the fact that lots of big e donors are sitting on the hands or the wallets is probably more accurate, and they are not thrilled with the field. so a little worrisome if you are a republican wanting to unseat obama. >> well,

. >> live from the newseum in washington, "this week" with christiane amanpour, starts right now. >>> welcome to our special independence day edition of the program from the night studio of the newseum in washington, d.c. this week, focus on the founders, with washingtonn tied up in knots, thousands of american troops, fighting overseas and millions of citizens struggling to get by. we go back to the original blueprint of this democracy, the constitution. a document that is now at the heart of a fierce political bat toll define just what this country stands for. here's abc's john dan van. ♪ >> reporter: the original lives under glass, has no price tag, is the world's oldest and shortest in length. 4,400 not entirely correctly spelled words, sorry, pennsylvania. while it's our habit to speak of it in reverence. in holy language. >> it provides a compass that can help us find our way. >> the constitution provides a perfect path towards a more perfect union. >> reporter: here's the other way we've long tended to treat the constitution, as wrapping paper, as in wrap yourself in it to make

stay with us. >> announcer: "this week with christiane amanpour" from the newseum in washington, d.c. will continue after this from eum in washingns. .c. will continue after this from our abc stations." >>> this week, wall street started to waiver with the deadline moving closer. the dow plunged, its biggest drop in a year. the ripple effect stretched to overseas, international markets shaken by the climate of deep uncertainty and confusion, so what will tomorrow ming? mohamed el erian joins me, the ceo of pimco, the world's largest bond fun. thank you for joining me. you've been hearing the senate majority leader mitch mcconnell is feeling quite optimistic. that things will be worked out. there's a framework of a deal. how do you expect the markets to react come open time today and also tomorrow here? twofrjts ways, christiane, first, i think this compromise will lead to an increase in the debt ceiling, and therefore avoid default. but this relief will be short. and with will be short because markets look at the discussion not as an end in itself, but a means to an end. when they loo

"washington week" can be seen later this evening on most pbs stations. we'll see you online and again here monday evening. have a nice weekend. thank you and good night. major funding for the pbs newshour has been provided by: >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org

washington state. and a person of interest in the shooting of four people in seattle last week that killed one woman. the washington department of corrections says his rap sheet is long and it includes offenses like child rape and promoting prostitution among other felony charges. he was only recently released from prison. >> we want to see the evidence. link the body to the crime scene in seattle. >> reporter: community activists remain vigilant in their fight for justice. ar the deadly shooting in san francisco. this is youtube video posted by a witness. officers had tried to help when things turned violent. some at the scene claim police shot an unarmed man. >> he had his hands up in the air at the time he was shot. >> reporter: police tracked down a gun picked up by a passer-by at the scene, police believe it is the same weapon the suspect used to shoot at officers. activists like militia whose son was also killed in an officer-involved shooting 10 years ago is not buying it. >> this is a civil rights movement. this is plantation mentality. we are not having this. >> reporter: and folks here made

. >>> budget talks are taking a top priority in washington this week. what does it mean for the world champs? the giants are headed to washington, d.c. right now to meet the president tomorrow. the team's original visit was rescheduled because it coincided with the operation to kill osama bin laden. so the president is expected to meet with the world champs at 1:00 pacific time, assuming the budget talks don't get in the way this time. thanks for watching nbc bay area news at 11:00. "sports sunday" is up next with an inside look into the franchise featuring the giants. >>> and now an nbc bay area editorial. >> california has built the most expensive, most crowded, and least effective death penalty system in the nation. i'm suzanne shaw. the lawyer who wrote our death penalty law 33 years ago wants it abolished. a judge who imposed ten death sentences wants it abolished. and a former san quinten warden calls it counterproductive. 99% of california death row inmates have not been executed. victims' families suffer years of appeals. nbc bay area supports a

"washington week" can be seen later this evening on most pbs stations. we'll see you online and again here monday evening. have a nice holiday weekend. thank you and good night. major funding for the pbs newshour has been provided by: chevron. we may have more in common than you think. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org >> this is "bbc world news america." funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> union bank has put its global expertise to work for a wide range of companies. what can we do for you? >>

and the worst week in washington and the week ist not over yet, but the answer is clear, and with meza, and well, chris, it is really a real hard call, but the speaker did not have a good night. >> he didn't, and andrea, it is amazing, because it shows you what people like me know, but in the 48 hours leading up to what we thought was a vote last night, john boehner and appeared and we talked on tuesday and i said it looks like momentum and getting people previously uncommitted and now going to vote yes. when they postponed the bill, we thought that was a trouble sign. when they decided to postpone it to today and what john boehner has lost whether the bill goes through or not, is that he cannot forcibly go through the senate and say, i have the republicans reunited behind this, and this is a bill that is more conservative than the bill they have voted on last night and therefore less acceptable and two democr to democrats, and whether this passes or not, does not matter, because we are looking at the senate. >> and think have weakened his hand and when we look to the next 24 and 48,

other deals being talked about in washington in these weeks.ay be part of it. >> 44 of them, you mentioned them. they sent a letter to the president saying they won't approve anyone or anything until the agency is restructured. what do they want? is this about control, about appropriation of money? what is it about? >> probably about having a board rather than a single director. having five people on a board, the sort of structure for the ftc or fdic some of there is some republican representation. senator richard shelby, senior republican on the banking committee, says relatively small adjustments could get somebody confirmed. and that's the kind of thing he's talking about. >> this agency, they believe, the people who are opposed to it people in the financial services industry, they say there is no accountability and they want more accountability and that's what this is about, correct? >> what does accountability mean? they are supposed to be in charge, have clear and fair rules. and that's where they are headed. >> i saw elizabeth warren tod