Friday News Roundup - Hour 1
A panel of journalists joins Diane to talk about the week's top stories: President Obama called for "concrete plans" to raise the federal debt ceiling and avert a government default. Standard and Poor's says it could move to downgrade U.S. debt later this month. Fed chair Ben Bernanke warned of a "huge calamity" if the stalemate continues. Minnesota's governor and lawmakers reached a deal to end a two-week state government shutdown. The president raised a record $86 million for Democrats and his re-election campaign. Some GOP presidential candidates refuse to sign an Iowa marriage pledge. And former first lady Betty Ford is laid to rest.
contributing editor for Newsweek/The Daily Beast.
White House correspondent, Time magazine.
chief Washington correspondent, FOX News Channel.
Friday News Roundup Video
The panelists talk about the likelihood that Congress will reach a deal that would raise the U.S.'s debt ceiling before the August deadline: