With President Obama set to hold another news conference later this morning to talk about what's going on, here's some of the latest news about the talks between the White House and congressional leaders from both parties about deficit-reduction and raising the federal government's so-called debt ceiling before Aug. 2 — the day the White House says the government will run out of money and might default on some of its obligations.
Defense Secretary Leon Panetta is just back from a trip Afghanistan and Iraq. They're his first visit to the war zones since taking over the top job at the Pentagon. Mary Louise Kelly talks with NPR's Rachel Martin about how Panetta is making the transition from the very secretive role he played as director of the CIA to the very public job he has now.
The FBI said it will launch a preliminary probe based on concerns that News Corp. sought to hack into the phones of September 11th terrorist attack victims. News Corp. is owned by Rupert Murdock, who is embroiled in a phone-hacking scandal in Britain.