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the process, for that, i want you to take a look here. i will not try and walk you through it. its a mess. the bottom line is 917 billion dml spending cuts with a special committee in charge of finding $1.5 trillion cuts by the end of the year, and the debt limit rises by $900 billion now, and $1.5 later. already, there is one potential wrinkle here. the nonpartisan budget congressional office says the plan would cut spending only by 1.5 trillion, not 2.4 trillion. we are following all...

thats vested in me by the state of new york, i pronounce you both married. [ applause ] ♪ and now, a great tradition. the breaking of the glass. this custom has many interpretations and since it is a jewish custom it has even more. but one that seems to fit today perfectly have that the broken glass is a reminder. a reminder that although the couple came together as a single union, the world as a whole is broken and needs mending, and i cant think of two men who work harder to do t...

press room podium and listen to a tiny bit of what he had to say. >> it is hard to understand why speaker boehner would walk away from this kind of deal and, frankly, if you look at the commentary out there, there are a lot of republicans that are puzzled as to why it couldnt get done. in the interest of being serious about deficit reduction, i was willing to take a lot of heat from my party up until sometime early today when i couldnt get a phone call returned. my expectation was that...

and some democrats are concerned that this is a, happening too late, and b, that its possible the white house is agreeing to a deal stall essentially jam democrats into agreeing to something that does not go far enough on the issues that they care about, an theyll ultimately be in a position of either voting to agree with their president and raise the debt ceiling or risk default and untenable position in their view. >> untenable in their view. lets dig into the detail. what do we know...

Most importantly, use this historic moment, this defining moment for the first time in american history get a balanced budget amendment to the constitution. >> neil: thats great. you would cut $750 billion right off. >> no. you dont have to do a total subtraction problem. you got to cut $300 billion to -- >to -- >> neil: youre going to raise taxes? >> no. youll have natural growth in the economy. >> neil: whats the growth you assume? >> cbo numbers, neil. weve got a $1.5 millio1.5 triln deficit....

President biden with lawmakers are now getting in to specifics. so their argument is another proposal is not needed and might actually slow down the process. bret? >> bret: mike emanuel, live on the north lawn. thank you. >> labor department says unemployment fell in 90% of the largest city in april. the drop is attributing to hiring for summer jobs. construction spending was up .4 of a percentage point in april. barely lifting it above the lowest level in a decade. manufacturerring activity exp...

Chrysler cutting uncle sam a multi-billion dollar check to repay the taxpayer funded bailout. the president calling it a significant milestone. about it turns out there is more to this story than meets the eye. eric bolling is the anchor of "follow the money" on the fox business network. >> reporter: this is another victory lap. the obama administration took a victory lap after g.m. paid back some of the loan. chrysler borrowed money from the banks. so the energy department gave chrysler a $3.5 ...

Koord coordinator of the univerf florida and many believe he is not a job in the s.e.c. because he is black and his wife is white. so, you cannot have individuals dangling money over the universities. like it or not, the universities are businesses, and they are going to sit here and say, wait, if a guy is giving me $1.5 billion or $3.5 like in connecticut athletics, this is dangerous if you are liberal or conservative or whatever, you believe that the university is going to do the right thing, ...

By deutsche bank. >> but you would acknowledge that looking at the same materials that you presented to them they came in with a net worth that was significantly lower than what you had initially stated. >> caller: thats not right, eliot on. >> wait, donald. -- >> caller: well in excess of 750 million. in other words, it had to get up to 750 million in order to make a loan. this is many years ago, just so you understand, so im going back many years. >> okay. >> caller: many, many, years, but we ...

Time from any i have seen before. level of public alarm over the issue is the greatest ive ever seen. if either party goes to the next election having failed to try to do anything serious about this problem, effective set-back and let the whole wave crash upon us, they will pay dearly at the polls. the republicans so far seem to have been taking a stab at it. they may pay in the polls in the short term in the long run, they will be better off. president will be better off if he gets in the game,...