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tv   This Week With George Stephanopoulos  ABC  July 5, 2015 10:00am-11:01am EDT

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>> announcer: starting right now on abc's "this week" -- america on alert. heightened security nationwide. did we dodge a bullet on the fourth? why authorities say we're not out of the woods yet. system breakdown? a random murder in san francisco. the feds and local officials now pointing fingers. why was the suspect, a convicted felon deported five times, still on the streets? breaking from the pack, massive crowds turning out for bernie sanders, donald trump under fire, but moving up in the polls. this morning, rick perry here live, is he about to make a move? >> america's longing for leadership. and world cup fever. >> the usa is going to the final! >> the final match just hours away, will the u.s. bring it home? >> announcer: from abc news, "this week" with george
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stephanopoulos begins now. good morning, we hope we had you a great fourth of july. thanks goodness it passed without the kind of incident that had officials so worried. cities and towns on high alert for a possible terror attack. here in new york, 7,000 police officers deployed to protect the fireworks. abc's senior justice correspondent pierre thomas has been tracking the threat, and pierre so far so good. >> reporter: good morning, george. that's right law enforcement is breathing a sigh of relief that we made it through independence day without any attack on u.s. soil. high security throughout the country. specifically concerned about isis and the threat of lone wolves. unfortunately, the unprecedented social media campaign by isis which is happening now as we speak is urging its followers to carry out attacks, including here in the u.s. we're also at the one-year anniversary of the formation of
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the so-called islamic state. a threat that authorities are paying attention to, right now we're in the islamic holy month of ramadan, which does not end until july 17th. called on followers to make ramadan, quote, a month of disasters for those infidels. followers are listening. this will be a long, uneasy summer, george. >> they'll keep trying. pierre, you also cover homeland security and immigration. let me ask you about that hour riffic case out of san francisco, kate steinle was killed by an illegal immigrant, deported five times, a lot of people wondering, how could someone like that be in the united states be free? >> reporter: george, what a tragic case and this may be a classic example that bureaucracy can kill. fed ram immigration officials are pointing a finger squarely at local authorities. they say this criminal as you
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said, deported five times never should have been released by the city. they say francisco sanchez was handed over to the city because of an outstanding drug charge there. prior to that he had been in prison for being a repeat illegal immigration offender. a specific request to be notified once the local case was resolved, but that did not happen. once the drug charges were dropped, mr. sanchez was simply free to go. san francisco is a safe haven city that does not detain undocumented immigrants. george, who is right is the subject for debate. the feds said they did everything by the book. should the locals simply notified the feds when the case ended? or should fed ram immigration officials had been closely monitoring the case? a very sad story. >> it sure is. let's get into this debate with virginia congressman, what went wrong here and what should be done about it? >> well, both the government,
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the federal government and san francisco are wrong here, and george, let me say at the outset, what a tragedy for this family. my heart goes out to them. but quite frankly, the federal government, i.c.e. knows about san francisco's sanctuary policy. it's a bad policy but they know about it. why did they turn him over to them when they could have deported him again or prosecuted him for illegally re-entering the country four times? either way, kate steinle would be safe. the fact of the matter is, san francisco -- why would they release someone back on to their streets who's illegally in the streets and committed seven prior felonies. when they could have contacted i.c.e. and turned him back over to them for deportation and again, she would have been safe. a real tragedy. >> what is the answer here, should the federal government -- should there be a law that
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requires cities like san francisco to turn over those who were charged in the past, charged with illegal crimes? >> that's the law and that was the law, the policy regarding detainers, which is a law of the united states, was enforced by the bush administration as being mandatory. the obama administration has converted that into as something voluntary, and in doing so, they have eliminated a program that was working called secure communities where individuals like this would be detained and turned over to the immigration authorities. now, in addition to that this administration is releasing criminals back on the streets themselves, so, there's fault to be bourn by both. the fact of the matter is, the laws need to be enforced. >> over the last six years, deportation of criminals is up. 80%. >> they're not deporting people in the numbers that have been deported in the past and they're counting people that they
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apprehend at the border and turn back around. the bush administration did not count that as deportation. apprehend them at the border send them back into mexico. that didn't count as deportation. the obama administration has started counting those. the actual deportations from the interior of the country are way down. this administration is not enforcing our immigration laws, and quite frankly, i don't think they care and this tragedy in san francisco which is repeated every day around the country doesn't get this kind of notriety is the lack of caring of the respect of the rule of law. >> mr. chairman thank you for your time. on the campaign trail, donald trump pounced on this story, saying it proves his point on illegal immigration. he's drawing fire from his former business partners and fellow presidential candidates. abc's cecilia vega with more. >> reporter: the polls show he's still doing well despite these
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controversial comments. you'll remember that the real estate mogul saying mexicans are bringing drugs and crime. that the backlash has been fierce. so far, trump is not backing down. now, networks like nbc and univision are refusing to carry the miss universe pageant. major companies like macy's are backing away from him. opponents quick to pounce. they are distancing themselves. jeb bush, whose wife is mexican, he's taking these comments personally. take a listen. >> he's doing this to inflame and to incite and to draw attention, which seems to be his organizing principle of his campaign. it doesn't represent the republican party. or its values. >> reporter: and others are lashing out, too, we've heard candidates like rick perry -- or potential candidate rick perry, chris christie, marco rubio saying that this could prove to be a real problem for republicans, george, really
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illustrates how divided the party is. >> on the democratic side, trump dominating the republican side. bernie sanders drawing these huge crowds. >> wow, if trump is having a bad week, bern wrooe sanders is one. people are just packing into his events. more than 10,000 people filling a stadium to hear the vermont senator speak. thousands more in iowa. the biggest event of any presidential contender this year. clinton said -- she knew that this race was going to be competitive. look, here's the reality, in a poll of iowa voters, clinton still ahead by a landslide, 52% to 33% for sanders. but sanders is gaining ground. they had to change a venue this week to accommodate larger crowd, 850 people showed up for sanders. >> and they lit up twitter yesterday, the clinton campaign in new hampshire by reining in the press with a rope. >> take a look at this photo. reporters roped off as clinton walked in a parade. look, clinton campaign spokesman
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had a funny response. the gop may want to spin a good yarn on this let's not get tied up in knots. they said the move actually allowed reporters to have a little more flexibility on that parade route. >> okay, cecilia. thanks very much. that brings us to our next guest, the longest serving governor in texas history, now candidate for president. >> today i am running for the presidency of the united states of america! >> rick perry is back, but after that crash and burn the last campaign. >> the third one i can't -- i'm sorry -- oops. >> can he be a real contender this time? new glasses had a studious look, he's boned up on foreign policy. built up ground forces in key states. >> it's good to be back in iowa. >> and states his claims with
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social conservative. >> pro-abortion radical. defend the border. our rights come from god. we need to return to power to the states. >> still perry's lagging in the polls and needs a breakout moment to qualify for those first debates. and governor rick perry joins us now live. thank you for being here this morning. you have been pretty candid about your last campaign, saying you botched it last time around, but with so many other new choices for republicans, why should gop voters give you a second chance? >> well, i think american people are really taking a look at these candidates and they're starting to focus on them now. and what i hear, people care about who's going to be able to get this economy going and keep this country safe, who can secure the border, being a former air force pilot -- and lindsey graham are the only two that have worn the uniform of the country -- as we look at who has the experience, who has the executive experience to run this
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country, and having 14 years of the experience of being a very successful chief executive of the 12th largest economy of the world, i think americans are going to look at us and see how we perform and obviously i think that they have seen the preparation, the work we have done over the course of the last years, and i think we have a very good opportunity to impress the american people that that's the kind of mature leadership, proven leadership, with the military background, and the results of our border work. american people are going to like that. >> donald trump actually took aim at your work on the border yesterday. he said you should have done a better job of protecting the border. >> well, i don't think he understands the challenge, obviously, we have been there for 14 years, the governor of that state wh a 1200-mile border when it became abundantly clear that the president wasn't going to deal with this issue. we acted last summer.
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we had a 74% decrease of apprehensions in that region of the border where the real challenges were. my bet is that mr. trump doesn't know that. again, executive experience really matters. having run the 12th largest economy in the world is really going to matter to the american people. >> is he hurting your party? you know saw jeb bush yesterday, saying he's offended by the comments of donald trump. ted cruz said he salutes donald trump. >> the fact is, i have said very clearly that donald trump does not represent the republican party. i was offended by his comments. hispanics in america and texas, have been extraordinary people, citizens of our country and of our state, they have served nobly and to paint with that broad of a brush, like donald trump did, he's going to have to defend those remarks. i never will.
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i will stand up and say, those were offensive, which they were. let's talk about the economy. last month, you said america is on course to the failed policies of detroit and greece. president obama's team said that the private sector has added jobs six -- >> thanks to texas. thanks to texas. think about that, from '07 through 2014, george, 1.5 million jobs were created in one place, one state -- that's texas. the rest of the country lost 400,000 jobs. if the president wants to be honest we he should have said in the state of the union address, i want to salute texas to make sure we have a positive job growth in this country. because without texas, this country would have been 1.1 million jobs below water. >> the rest of the country has caught up. 12 million jobs created over the last 6 years. but can you promise this as president you would have an
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unemployment rate below 5.3%. >> as president, what i would bring to this country is a positive view on how you get americans back to work. taxwise taxwise, regulatoriwise. we got an epa that's job-killing. this piece of executive order that he's put into place to force overtime that's a job killer, this president has been putting job-killing regulations into place through his agencies and through executive orders. i know how to create jobs, you free people from overtaxation, you use the energy resources in north america. you can drive down electricity. lower the corporate tax rate. it does two things, george. not only will it raise mid-level wages it will give incentives to those companies to come back onshore. with the lower electricity prices, and with the incentive of a lower corporate tax rate, you can have a renaissance of manufacturing
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in this country. >> you have been critical with the negotiating stance of the president over iran. do you expect to take military action against iran as president? >> i think that's a bad move by the media to say the only option you're going to have -- >> i'm just asking. >> military action. i hear that all too often. that's the first thing they go to, obviously if you don't want to negotiate with them you're going to go to war. that's not correct. i think you can put a coalition together and you can use the sanctions. we had iran at a very good position from my perspective, they wanted to come to the negotiating table because of the sanctions. if we had left those sanctions in place, i would suggest to you that it would have been substantially better for america. what we're seeing now, this country, heading towards having a nuclear weapon, that's going to do nothing more than guaranteeing the development of a sunni bomb, those gulf states
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are not going to sit back and say we're going to let iran have a bomb. i think the other countries that are involved with this, the other countries are going to be im impacket -- impacted by this see, the wisdom of having the sanctions in place. let's talk about gay marriage, you were critical of the supreme court ruling last week, but last time around, you were also critical of gays in the military, take a look. >> i'm not ashamed to admit that i'm a christian. you don't need to be in the pew every sunday to know that there's something wrong in this y where gays can serve openly in the military. and kids can't pray in school. >> so if you were president would you stand by that? >> i agree with the four justices that were on the losing side of that decision. this issue needs to be decided by the states. i think -- the bigger and broader issue from my perspective is, the next
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president of the united states may choose up to three supreme court justices. i'm very clear in my stand that i believe in traditional marriage. but that i think is the bigger issue here is that the next president of the united states may choose up to three supreme court justices. >> what about gays in the military, would you bring back don't ask don't tell? >> i think you know that clearly has already -- >> so, we're beyond that. >> finally what is your path to victory here? you're lagging in the polls, you're not even qualifying for the debates just yet. how do you get in them? >> i think the work that we're doing now, clearly, both on the issues that really -- that american people really care about, people are starting to tune us in. the work that we're doing. it's paying great dividends. i feel very comfortable that i'm not only going to be on the
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stage, but we'll be able to perform in a way over the course of the last months, this is an individual who has the executive experience and the vision. and i think americans are really looking for an optimistic individual, someone who has a positive outlook for this country. knows that the best years are ahead of us and economically and securitywise, i know how to lay that out, i feel comfortable. >> governor perry, thank you. >> thank you, george. roundtable up next. with the latest on 2016. plus, overseas to the big stories defining the week ahead, nuclear talks in iran and economic crisis in greece. and we're live from vancouver. >> announcer: "this week" with george stephanopoulos brought to you by cisco. ♪ while you're watching this i'm hacking your company. grabbing your data. stealing your customers' secrets. there's an army of us. relentlessly unpicking your patchwork of security.
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i have lost count of how many republicans are running for this job. they'll have enough for an actual "hunger games." that's an interesting bunch. [ laughter ] >> president obama having some fun in wisconsin this week out on the campaign trail. we're going talk about it on the roundtable now. we're joined by congressman tom cole joaquin castro, democratic from texas. aenl gearan. bill kristol, editor of "the weekly standard." we have to start out with talking about donald trump, congressman cole, you're a student of politics, does this help or hurt your party? >> i think it helps. >> it helps? >> yeah, it doesn't hurt.
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i look at this, this is somebody making a statement. he has a certain following. i don't think he's anybody's second choice. i theyink that's his big problem in the race. anything that draws attention to the stage is fine. he's never held an office, never really been associated all that much directly with the party, so, at the end of the day it adds to the color. but i don't think it hurts. >> and he's energized the latino community. in fact, america ferrera wrote an incredible thank you note to the donald trump about doing that. jeb bush and marco rubio took about three weeks to come out and condemn donald trump, which was absolutely surprising that they would haven't the spine early on to stand up and say something. >> i got to believe, bill kristol, with the jeb bush
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attack and marco rubio attack, donald trump said fine. >> cecilia said, about the race, donald trump had done well despite these controversial comments. he's doing well because of these controversial comments. ultimately, you can't win a presidential nomination just saying outrageous things. he's tapped into real sentiments. rick perry handled it fine. rick perry said talking with you, he shouldn't have said what he said. >> incorporate the trump message -- >> then you have ted cruz defending trump -- >> when two of the top candidates take three weeks, when the head of nascar comes out before jeb bush and marco rubio, you got a problem. >> meanwhile, anne gearan, we're probably going to see donald trump in the debates, he's clear clearly in the top ten, could dominant the stage. >> absolutely. he does an amazing thing, right, he can just absolutely suck the oxygen away from other people, suck the attention away from other people, he's doing it
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right now. i have to disagree with you, congressman, he's taking attention away from some of the candidates that are saying things that eventually, probably be what the election is decided on, and he'll be able to do that in debates. >> look, he's actually provided a chance for these candidates to separate themselves. actually make the statements and reactions. so, again, he's a foil in the debate, but i don't think he's going to be a factor at the end of the race. >> how long do you think he stays in the race? >> as long as he wants to, he has enough money to stay in as long as he wants to. >> and bill, you point out that the big danger for republicans could be if donald trump decides to pull a ross perot. >> yeah, if he runs third party they could be dangerous. genuine concern about the surge of illegal immigrants and the fact that some are criminals. the way that he said was crude
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and reprehensible. >> what happened in san francisco was a tragedy to the young woman, and it's clear that somewhere along the line the immigration system failed allowing this man to be still on the streets. dompld -- donald trump ride to imply that because one guy committed a crime, all immigrants and all people from mexico are like that and that is incredibly offensive. he did say that, bill. >> rick perry sat here and just did it. >> look at the quotes. look at the guy. you have 20 people running. >> jeb bush did it. look, you don't respond to everything everybody says in a campaign. i haven't noticed anybody embrace those remarks. >> what is hillary clinton going to do with those bernie sanders voters? >> bernie sanders is giving
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hillary clinton a pretty serious headache on several fronts. he's drawing much more larger crowds and enthusiastic crowds. he raised a respectful $15 million. she raised $45 million, which squashes him. but he wasn't even really trying. she went to nearly 60 fund-raisers and he went to two or three. he's doing something that they knew was going to happen to a degree, but probably not by him. >> how do they handle the threat? >> well, i think that hillary clinton is not taking this nomination for granted. and early on, before there was real competition, people were complaining about a coronation, well, it's clear there is no coronation now, there's a legitimate competition. i think she's going to take that in stride. at the end of the day, i think this can only be good for democrats, because you have more than one person energizing that base. >> a little competition is a
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good thing, you're right, it takes away the coronation argument, it neutralizes it to some extent. it actually helps her raise money to some extent. >> bernie sanders has more individual donors at this stage than barack obama had in 2007. he's being underestimated. we have been talking about the republican debates. which ten will make it. the first debate is early august, isn't it? will hillary clinton not have to debate bernie sanders? >> they have democratic debates set up. >> let's see. i'm really looking forward to that first debate. i'm looking forward to bernie sanders pointing out to hillary clinton that she voted for the iraq war, she's very close to goldman sachs. it's going to be is a fun democratic debate. >> she's still up by 22%. i suspect that will get to within single digits. it will be a competition. ultimately hillary clinton will be the nominee.
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we got to take a quick break. when we come back -- two major stories unfolding overseas, the nuclear negotiations with iran the financial crisis in greece we'll analyze all the latest. and we'll look ahead to the world cup. which brings us to our powerhouse puzzler. the u.s. last won in 1999 with this penalty kick who knocked it in and who did the u.s. beat? we'll be back with the answer. >> announcer: "this week" with george stephanopoulos brought to you by hp. our enterprise and you can move the world. but to get from the old way to the new you'll need the right it infrastructure. from a partner who knows how to make your enterprise more agile, borderless and secure. hp helps business move on all the possibilities of today. and stay ready for everything that is still to come. how do crest 3d white whitestrips compare to a whitening toothpaste? t's see! the paste didn't seem to do much
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so, who scored the game-winning penalty kick in the 1999 women's world cup final? which team did the u.s. beat? jessica. >> mia hamm. >> brandi chastain. some foreign country. >> you're both half right. it was brandi chastain. it was china. the game is tonight. we'll be right back. haa! thank you. uh, next. watch me make your interest rate... disappear. there's gotta be a better way to find the right card. whatever kind you're searching for, lets you compare hundreds of cards to find the one that's right for you. just search, compare, and apply at ♪a one, a two, a three percent cash back♪
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at this 11th hour, despite some differences that remain, we have never been closer to a lasting outcome. but there is no guarantee. getting to yes requires the courage to compromise, the self-confidence to be flexible. the maturity to be reasonable. the wisdom to set aside illusions and the audacity to break old habits. >> that's the iranian foreign minister echoing president obama's awe daisty of hope. just days ahead of the latest deadline, the optimism from the iranian side unwelcome news to our next guest, tom cotton of arkansas.
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senator cotton, welcome. this morning what do you make of that optimism from the foreign minister of iran? >> george, it's good to be on with you. iran is an anti-america regime that's killed thousands of americas from iraq to beirut. that vid over the weekend, with his smug tone shows just far down the path we have gone to iran's position. iran had been negotiating from a position of weakness. this is not like russell wilson and cement seahawks trying to reach a contract that makes everybody happy. iran should have faced a simple choice, they dismantled their nuclear program entirely or face economic devastation and military destruction of their nuclear facilities. as this video shows, they think they're negotiating from a position of strength. >> he goes on to say that those like you who believe that will iran will submit to military coercion are delusional. >> if that's the case, they
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wouldn't have come to the negotiating table to begin with in november. it was the fact of sanctions in 2013 and the threat of even tighter sanctions that drove them to the negotiating table. that's why we shouldn't have let up those sanctions. we should have insisted on the simple terms that president obama himself imposed at the outset of this. iran dismantle their nuclear program entirely then they'll get sanction relief. >> you know, some of president obama's former advisers have echoed some of their concerns, but they say that if you get a deal that provides for inspections of iran's military sites, until it proves that iran is meeting the terms of the deal that it would be a good deal and it will give the united states and the world 10, 15 years of breathing space, why isn't that good enough? >> george, it's notable that some of president obama's own former advisers have begun to walk away from the proposal that he's made. if there's no sanctions relief
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until there's a long-term performance on iran's part, if they fully answered all the past work to weaponize their nuclear program, that might be a better deal. it doesn't address the concessions that have already been made, by letting them keep the centrifuges and their ballistic missile programs. and destabilize the middle east. >> finally, senator, you said the u.s. military strike against iran could succeed in short order. isn't iran in a better position to retaliate than saddam hussein in 1998? aren't you worried about striking out iran might strengthen our other threat, isis? >> no, george. it's not the first choice, but military force does have tory -- to remain an option if our
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diplomacy is going to be important. president obama said that we spend $600 billion on our military. the clear implication is that the fact of the matter that we have unique capabilities and we can destroy iran's nuclear facilities and their command and control facilities, and all of our allies in the region wish we could take a more forceful position by keeping that military option on the table. because it will result if a better deal. >> thank you for your time. turning to ben cardin. you just heard senator cotton saying that he doesn't believe that the administration could reach a deal. have you given up hope? >> if they reach an agreement, it will be pretty close. it will be judged by the terms of the agreement. the best option is a strong agreement, we'll have a chance i hope soon to see that agreement. >> so, what is your bottom line on what that agreement has to contain? >> well, enough time that we can
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through inspections determine whether iran is complying with the terms of the agreement. it's got to be comprehensive. prevent iran from any steps towards producing a nuclear weapon, which means that you have to have full inspections and inspections of the military sites and to determine if they use covert activities in order to develop a nuclear weapon, you have to be able to leverage the sanction relief to the actual progress they're making. you need to know the history of their nuclear program so that we have a baseline moving forward. these are all critical terms that must be in an acceptable agreement. >> but as you know, secretary kerry has indicated for example, it may not to be necessary to have a full look back at the iran nuclear program. >> i think you have to have a lookback. whether they have to acknowledge in the past i think that was
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what secretary kerry was talking about. but the inspectors need to know what has taken in the past so they have a baseline moving forward. we need to know their military dimensions. that's necessary in order to have effective oversight on iran's programs. >> depending on when and if this deal gets done, review the terms of this deal, are you confident that the administration will be able to pass a deal? >> it depends on what's in that agreement, the best option is a strong agreement. congress will do an independent oversight. i was very proud working with senator corker, we got unanimous support in our community and near-unanimous support in congress for congressional oversight. we'll have a chance to review this agreement and we'll be able to see whether in fact we have open inspections. whether the sanction relief is commiserate, what type of reer is as much allowed to go forward. we can properly evaluate and
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decide which actions would be appropriate for us to take. >> senator, thank you for your time this morning. when we come back -- the world watching greece. we talk to the greek finance minister and paul krugman next. finance minister paul krugman next. we're going to turn now to the crisis in greece, officials there warn that
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banks could run out of cash as early as tomorrow after the country defaulted this week on its massive debt load and voters at the poll right now to decide whether to accept tough conditions tied to the international bailout. u.s. and global stocks all at stake. abc's alex marquardt is on the scene. >> reporter: good morning, george. polling stations across greece like this one filling up as the days go on. millions of greeks expected to turn out to vote today. the country couldn't be more divided over this historic referendum, which could impact its standing in the european union, and of course the global economy. the banks were closed this week so they didn't run out of money. there were endless lines at atms where customers were only allowed to take out $67 a day. calling the increase austerity measures a humiliation and a form of economic terrorism. but others are warning that a no vote could lead to financial chaos and collapse and
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might create a ripple effect. so a dramatic day here george and whichever this vote goes there will be a very bumpy road ahead. >> alex, thanks very much. we're joined by the finance minister yannis stournaras. you promised to resigned. >> we had a very radical idea, ask the greek people to deliver a verdict. do they want to implement this agreement, which we consider to nonviable. or carrying on negotiating, empowered by them to do so. if they say yes, we're going to respect that. that doesn't mean i'm going to be the finance minister that will sign on the dotted line. an agreement that i told the greek people that's not viable. >> if there's a no, sir, if they can't reach a deal with you and bank officials say there's not going to be money left tomorrow or tuesday, how can you put together a deal
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after a no vote? >> i believe that the only way of putting together a viable deal mutually beneficial for us and europe and the global economy is with a no, the reason why the banks are running out has nothing to do with the situation facing the banks. this is a politically engineered liquidity crisis. from our negotiating partners to switch off liquidity and that's why there's no money in the banks. the moment we have an agreement with within the group, there will be liquidity. the question is, are we going to establish common ground between ourselves and the institutions? i think that where there is a will there is a way. >> they're saying there's no way it can be done, that greece will
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at least temporarily have to leave with the euro. how do you expect to deal with people once you called terrorists? >> anybody who talks about temporary withdraw from the monetary union, doesn't understand how the monetary union works. the moment you have any kind of depap church from the monetary union, it seizes to be a monetary union. >> you're talking to an american audience, can you ensure watching here what happens in fwrees doesn't rock the stocks and cause a worldwide crisis? >> the markets don't get rocked. but, george, let me say this to you, the eurozone's approach to the five-year-old crisis, has undermined the capacity of the global economy to recover post-2008. i have no doubt that both the federal reserve in washington, d.c., and the u.s. treasury are looking at what europe is doing
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with a great deal of trepidation, because the austerity drive that has become in greece and spreading everywhere in european is turning into far, far worse. with a trade surplus, which is gigantic. it's dynamite. in the foundations of the global economy. and i think the united states have a great interest in seeing that the austerity drive that started here in greece ends so, they'll have a rational economic policy not just for the sake of europe but the global economy. >> mr. minister, thank you for your time this morning. >> thank you, george. let me bring in now paul krugman and rebecca jarvis. paul let me pick up where the minister has left off. the united states has an interest in this.
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break it down, what's at stake with this greece financial crisis? >> greece is not a big economy. if you ask how much direct spillover from what happens in greece is not that much. if you ask what it does to the european economy, directly a not that much. but if greece falls out of the eurozone and the european union, god knows what happens, then we're saying the euro, europe which is our main counterpart, an economy as big as america's, is coming apart, that everything was supposed to be irreversible about the movement to a closer union is in fact quite reversible. >> what does that mean, if greece falls out, you're at the threat of spain falling out, portugal falling out? >> that's right. in the end, this is political. you have the european elite. we know what we're doing, trust us, we're leading europe to a future of prosperity and
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domesticsy. now, it looks like they're undermining governments that don't vote the way they like, and that's got to be a terrible thing. it's hard to know exactly -- if you like the roads from here, if everything goes wrong, to a far right government in france, it's a road towards collapse of the italian political situation, although probably spain would be the first country in the firing line, where they have a movement not much different -- >> and rebecca, some nervousness in the markets. the markets said, not a big deal at all. why the complacency so far? >> this has been going on for five years. we have had five years to question what will happen this weekend. but ultimately, i think the market expects to see the vote today as a yes vote, that's why you saw after that first start of last week a very nervous start, you started to see the lines, the pressure that the
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greek people are facing, how bad it is getting in the streets, they're running out of medicine, they're running out of money. they're running out of gas. the people according to markets are going to vote in this. if they don't, that's where we see the gap lower, the immediate gap lower, 1% to 2%. is what most wall street analysts are expecting. the market tomorrow would be very uncertain. this also brings up, as paul pointed out, a much bigger question coming up, because you have spain, italy, ireland, portugal, all dealing with their own debt scenarios and worldwide there's $180 trillion in debt worldwide. that's a question for the markets to consider going forward. because does that debt mean for our future growth? it's a claim on the future growth. >> what's the way out here? >> wow, the problem is, the whole european strategy has been one of more through austerity things will solve themselves. it's not working. in effect, europe is saying, it
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will work if you secede to our demands. if greece had its own currency, we should say for sure devalue it. otherwise, god knows, this goes on forever and forever. i think people are way too come placen't about europe's ability to contain -- everybody thinks that mario at the european central bank has powers to affect the greek's no vote. >> the polls close in just a few hours. thank you both very much. coming up -- the u.s. women's world cup soccer team hoping to win their first world cup since 1999. espn's julie
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it is japan's world cup! and that was the moment that cost team usa the world cup against japan back in 2011, today the usa women's world cup soccer team looking for payback in vancouver. julie foudy is here with a look ahead. julie, what do you expect tonight? >> well, george, i think the u.s. is in good shape, actually, after a little bit of a rocky start to this tournament, they have struggled offensively but they have been riding a really good defense and everything is finally coming forward. they're getting their offense in line, they're looking good, they're confident, we spoke to a lot of the teammates
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yesterday, they said, look, we have one more game. this isn't done yet. we know it's been 16 years since our last world cup. one more game to change that and bring home the world cup times. i think they're very confident. >> they seem confident. as you point out their defense has been so solid all throughout this tournament and of course, the chance of a rematch against japan, the chance for some sweet revenge? >> oh, my, gosh. it's all they call talk about it. abby wambach, the star of this team, she's said, look, the game happened on july 17th, 2011, it was four years ago, i know the date, i know everything about it, she doesn't remember any other date. of any other game. but she remembers that and it's because of the way they lost. up twice against japan in the last world cup. they lose the first lead with 9:00 to close it out. second lead with 3:00 away from hoisting the world cup. they go on to penalty kicks, of course, to lose it. this is something that has burned and sat with them for
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four years. they're looking toward to a rematch with japan. >> thanks for joining us this morning. we'll be back with more roundtable after this. morning. we'll be back wit >> announcer: catch "this week" online all week on, on facebook and on twitter. and we're back now with the roundtable. want to take a look at the week coming up. headline you're watching for. senator cole?
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>> i think the president is going to sign the deal with iran and congress is going to erupt in opposition. >> whether we have a deal with iran or not, there will be one, hopefully, congress will take some time to consider it. >> will they have 30 days or 6 days, anne gearan? >> i think they'll probably have 30. i think they'll get a deal and i think that the republicans are going to accuse obama of putting legacy ahead of u.s. and sraeli security. you're right, it will erupt. >> that will be the big story of the week, i think. greece getting out, voting no would be interesting. i think look at ben cardin, in your interview, the democrats aren't solid behind this deal. but the key objection is going that might swing the moderate democrats is the signing bonus. $100 billion right away released to a regime that hillary clinton said yesterday, continues to sponsor terrorism. >> that's going to become before
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any interim period? >> before we know they're complying with the deal. they get a huge signing bonus, as it's called, up front. i think that will be a big problem for democrats to vote for. >> congressman, i was struck by the senator cardin as well, hoping there will be a good deal. >> george, i think people are trying to be thoughtful about this, which we should be. i'm confident that the president isn't going to enter an agreement you can't inspect facilities, also an agreement that will lift sanctions all at once. i'm confident that's not going to happen. >> if this deal has been changing publicly since april, in the direction of iran, i think the president missed opportunities. he should have walked away from the table. if you look at where we're headed, the times aren't hopeful. i would seriously doubt a majority in either half would favor it. >> but this is the problem with congress today. is that people are saying no before they even see the terms
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of the agreement, that's what's so broken about it. >> i think we're allowed to discuss what has been publicly floating as the negotiating positions. >> but keep an open mind to what the agreement is going to be. >> well, let's see what the agreement is going to be. >> well, but there's much more to it than that, bill. you're picking one piece of it. >> well, you got a president that has been consistently wrong. he was wrong about getting out of iraq, he was wrong about what happened in yemen and libya. so, you have a history here going into an agreement that it's hard to believe he's suddenly going to get it right here. >> what about this line of thinking that secretary kerry is too eager for a deal? >> i think secretary kerry has been the frontline negotiator here, so, whether it's going to be a good deal or a bad deal, he's going to get the credit or the blame. as well as obama.
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but i think the negoti between he and the iranian foreign minister, they know one another well now. they've been doing this a long time. to your point of whether the president through kerry should have walked away, i think that's something that we'll be debating when we see the final terms of the deal. but, they're at the end. they know exactly how far the other one has to go. i think at this point it's really a question of whether the leaders back home are giving the negotiators enough room to come to that agreement. they know how far they can go. >> and the supreme leader in iran has laid out so many red lines. not appeared to meet the bottom line s lines. >> they wouldn't be still be at the table if there wasn't some room, right? >> thank you all for joining thus morning. and now, we honor our fellow americans who serve and sacrifice. in the month of june, two
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service members were killed supporting operations in afghanistan and iraq. that's all for us today. thank you for sharing part of your sunday with us. check out "world news tonight." i'll see you tomorrow on "good morning america."
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