Friday News Roundup - Hour 1

Friday News Roundup - Hour 1

Diane and her guests discuss President Obama's challenge to the GOP on deficit negotiations, Bank of America's partial pay back to toxic mortgage investors, Congresswoman Michele Bachmann's entry into the Republican presidential candidate race and other top national news stories of the week.

The White House says Congress has until July 22nd to come to an agreement on a plan to cut the deficit. Significant spending cuts have been outlined, but Republicans and Democrats differ sharply on whether some tax increases should also be included. The Senate has agreed to cancel a planned recess next week to allow more time for negotiations. A three judge panel from the U.S. Court of Appeals Sixth Circuit upheld the constitutionality of the 2010 Health Care Reform Law, and the accuser in the sexual assault case against former IMF head Dominique Strauss–Kahn faces serious credibility questions: Join us for a discussion of these and other top national news stories of the week

Guests

Jerry Seib

Washington bureau chief, The Wall Street Journal.

Lynn Sweet

Washington bureau chief, Chicago Sun-Times, and columnist at politicsdaily.com.

David Welna

congressional correspondent, NPR.

Friday News Roundup Video

The panelists discuss the emergence of new information that has raised questions about the credibility of the woman who has accused former International Monetary Fund Managing Director Dominique Strauss-Kahn of sexually assaulting her in a New York City hotel room. The Wall Street Journal's Jerry Seib says that Strauss-Kahn may yet be able to recover his public image enough to be a viable French presidential candidate in the months to come:

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