BLP US TV : Political Capital with Al Hunt

July 23 (Bloomberg) -- Representative Dave Camp, a Michigan Republican and chairman of the House Ways and Means Committee, talks with Bloomberg's Al Hunt about negotiations between lawmakers over raising the U.S. debt limit, changes to the tax code as a means of spurring economic growth, and the viability of proposals designed to reduce government spending. Bloomberg's Julie Davis and Hans Nichols discuss the breakdown of the debt-limit talks. Poppy Trowbridge reports on the phone hacking scandal surrounding Rupert and James Murdoch and the potential long-term consequences for News Corp. News Commentators Margaret Carlson and Kate O'Beirne talk about Rupert Murdoch's potential culpability and the future of News Corp. (Source: Bloomberg)