Page 16 - August 2011 News Today

>> youre saying now that the president should outline the cuts because nobody is going the table to say this has to come off. >> the president has to come up with a reasonable solution that sells. >> why should he if he can blame the republicans? >> at the end of the day, its the era of this president. no one remembers who the speaker was during the depression. >> right. sounds like august 2011, the republicans took a beating over what happened. guess who really paid the price? the president of ...

>> you know, i dont think so. i mean, first of all, both of these guys know when they sat together as they did in the august, 2011 talks it didnt go very well and theyre negotiating with the president, negotiating with him through the secretary of the treasury so i dont think that they object to that. i think its a-- theyre serious guys and been through it before. its a matter of substance not a matter of style. theyre waiting to see what is each side willing to put on the table and the boehner ...

Cuts because nobodys going to the table to say this has to come off. >> all you have to say -- im sorry, go ahead. >> the president has to come up with a reasonable solutions that sells. >> why should he if he can blame e republicans? >> because at the end of the day its the era of this president. no one remembers who the speaker was during the depression. >> this is the point -- youre exactln.y right. august 2011, the republicans took a beating over what happened when we had the breakdown. gues...

Where were we during the debt negotiations. >> that was, what, august 2011. that was eight quarters ago -- i mean im not good at math either. >> yeah. >> we have alex just put this up with consumer confidence which is hitting a four-year high, housing is moving. there are signs that businesses can depend on poor -- at least for a certain level of certainty. >> if you are a publicly held company and you sit on a board of a company and decisions are made that hurt your company, youre accountable. ...

Get that deal done? >> the way the lead that you leave when you are president, and maybe you should call bill clinton, instead of having him testify to his greatness, maybe you should have him explain how you call people in and how you do deals. that is what lyndon johnson did, that is what george h. w. bush did. that is how you get it done. one thing he knows how to do his campaign. if you read bob woodwards book, he was totally absent in the disaster of august 2011. im sorry, 2011, yes. look, ...

And the tone was set early. august 2011 debate whenhe candidates assembled on showed their issue on raising taxes. watch norquists people go here. >> ill ask a question to everyone on the stage. say you had a deal a real spending cuts deal, 10-1 as byron says -- speaker youre already shaking your head. who on this stage would walk away from that deal? raise your hand if youll feel so strongly youd walk away on the deal. >> time toat list of greatness, other highlights and low heights of the gop ...

>> thank you for having me. >> before we get to you, steve we have been talking about this road tested strategy, which worked very well for the president in 2011. it seems like he has realized to get things done in washington you have to get out, take it out to the folks in america, you have to use the bullypull pit and then be do the back room negotiations with the republicans and make them fight for it. >> i think that was the strategy for the white house from august 2011 on. you had the debt ...

>> absolutely. >> thats why theyre questioning the timing now. also theres some new concerns that his girlfriend may have been given access to classified information. with more now in the unfolding zanl, heres abcs martha raddatz. >> reporter: dave petraeus secret affair may never have been discovered if not for the threatening e-mails his lover sent to jill kelly, wife of a tampa surgeon, a long supporter of the military. officials say she was not romantically involved with petraeus, but was a ...

Have far more serious troubles and problems than originally thought. treasury officials say they expect the government will hit the debt limit, by the end of this year. the current debt stands at $16.16 trillion. with the ceiling at $16 $16.39 trillion. the last battle over raising the debt limit in august 2011 came down to the wire as you may remember. euro zone unemployment hit a record high of 11.6% in september with a total of 18 18.5 million people out of work. now back to the next to vote ...

Today we want to talk about that trip to the brink and why it matters in this election. just a reminder, it all started back in july 2011, filled with members who pledged in their campaigns to not raise the debt ceiling under any circumstances and true to their word, they brought congress and the country to the edge of defaulting on our national debt for the first time in our nations history and business leaders across the country. these key law making men agreed by wide margins and chambers by ...