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House Speaker Boehner has walked away from debt ceiling talks at the White House. President Obama has called for new talks with congressional leaders on Saturday.  Can a deal be made before the Aug 2 deadline?  Joining Gwen Ifill: Jackie Calmes, The New York Times; Naftali Bendavid, The Wall Street Journal; Dan Balz, The Washington Post; and John Harwood, CNBC and The New York Times

The News of the World phone-hacking scandal has had a significant impact on British media. The panel discusses the differences between British media and American media. Also, Obama repealed “Don’t ask, Don’t tell” but where does Obama stand on same-sex marriage? Plus, America is in the middle of a debt crisis but the Stock Markets are up. Why and what does it mean?