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Week In The News: Murdoch, Debt Crisis, Final Shuttle46:05
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Debt crisis at a boil, Murdochs on the hot seat, last shuttle comes down, heat wave. Our weekly news roundtable goes behind the headlines.

Sen. Tom Coburn, R-Okla., one of the so-called Gang of Six,  listens during a news conference on the debt ceiling on Capitol Hill in Washington, Thursday, July 21, 2011. (AP)
Sen. Tom Coburn, R-Okla., one of the so-called Gang of Six, listens during a news conference on the debt ceiling on Capitol Hill in Washington, Thursday, July 21, 2011. (AP)

What’s bigger than a crisis? Whatever it is, we feel there this week. A grand Obama-Boehner bargain on the debt ceiling?

Maybe. Maybe not.

And default, right in front of us, we’re told.

The Onion’s dark humor nailed it in a headline: "Congress Continues Debate Over Whether or Not Nation Should be Economically Ruined.”

In London, two Murdochs get a grilling and Mrs. Murdoch stops a pie. In Florida, the last shuttle comes down. In Somalia, famine. And across America, “heat dome.”

This hour On Point: our weekly news roundtable goes behind the headlines.
-Tom Ashbrook
Guests:

Nancy Cordes, congressional correspondent for CBS News

Clive Crook, chief Washington commentator at the Financial Times, columnist for National Journal, and senior editor at The Atlantic

Jack Beatty, On Point news analyst

From Tom's Reading List:





This program aired on July 22, 2011.

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