David Nakamara News Today

Good morning. im richard lui in for chris jansing today. the president is going back to washington. congress is also coming back tomorrow. theres less than one week left to avert the tax hikes and automatic cuts that go in to effect january the 1st. it looks like any deal will be a lot smaller than everyone want. >> realistically, i personally i dont think well get the big plan in the next six days. be great if we could . >> but this morning, bernie sanders said the blame is with the republicans...

About the quote/unquote fiscal cliff and the republican haves the boehner rule to ask for a dollar in cut for every dollar the limit is extended. the debt limit being money that we have paid and obligation to pay. and so, if democrats and republicans arent come together now, and a month and a half from now republicans come back to the table and say we need more cuts, i dont know what the president is going to look to to cut. seems like a complicated mess that they have on their hands and the mor...

That the spending cuts dont start immediately, a lot of lawmakers are leary of them despite they voted for them two summers ago, they hope to set the infrastructure in place. >> well and good. but intimating here, meredith, whos going to be part of the wrangling? whos the wrangler? last time at least from what it looks like, anyone who talked about this deal, that was on friday when that happened. the president then met with harry reid and talked to john boehner by phone and we have heard harry ...

In the end theyre going to come to the table like they did last year with the payroll tax cut right at the last minute. but both sides want to sort of hold onto their bargaining power right now. you have both sides doing these kind of events. john boehner came out right after the president spoke in pennsylvania and said were at a stalemate. thats sort of sending the alarm and also trying to hold your cards close. >> so meredith, based on also what david is saying regarding john boehner your late...

Latest updates on this topic.

Latest updates on this topic.

Chinese. maybe i missed it, but i dont recall him asking for any of that during the presidential campaign. >> joining me now, white house reporter for the "washington post" david nakamara and congressional reporter for roll call, meredith shiner. good to see you. david ill begin with you. with the presidents proposal in part it includes 1.6 trillion in tax hikes over ten years. that is raising rates on the top 2%, those making over $250,000. the proposal also calls for 50 billion in immediate st...