Deficit Reduction Measures News Today

>> nancy, nancy! >> donald trump last night in his cnn town hall, calling january 6th a beautiful day. the event, of course, last night full of lies, misleading statements. well go through the biggest ones, and also his comments about writer e. jean carroll that drew laughs and cheers from the crowd. good morning. welcome to "morning joe." it is thursday, may 11th. we have the host of "way too early," white house bureau chief jonathan lemire. jen palmieri. jon meacham. and reporter f...

invasion of ukraine. and i will just end by saying that according to officials, there was a discussion of a possible face-to-face meeting going forward. theres no timeline for that, but they are going to follow up and set up that meeting. >> mj lee, thank you. lets turn now to selena wang in beijing, gathering chinese reaction to joe biden and xi jinpings phone call. what did china have to say about mo pelosis possible trip to taiwan? >> reporter: while the readout did not specifically...

Just to put that in perspective with the presidents proposal, the president has a relatively modest increase of 4% in his spending. he has some offsetting deficit reduction measures, which well talk about in a second. >> 47% proposed cuts to discretionary spending from republicans. as you move to the third chart, it represents a philosophical difference. where joe biden wants to find the money by raising taxes, and republicans want to do that by cutting spending. >> exactly, willie. first, you h...

Support this minimum corps orat tax rate. if she no longer has that shield of manchin, i just think the pressure of the knives being out and some kind of a primary contest against her would be so sharp. and i spoke with a prominent democrat who said it will be hard for the moderates to vote against it because of the deficit reduction measures, and the progressives are never going to vote against these climate provision. if pelosi was able to get the vote, im told shes confident she can ultimatel...

By congress to frighten itself into passing deficit reduction measures which means unless congress acts in the next 48 hours the bush tax cuts will expire along with federal unemployment insurance and a broad package of the spending cuts including defense spending will take effect. do weeks of fruitless negotiations and john boehner and senate leader are working on a deal this morning to avoid the fiscal cliff, or as chris hayes and i call it, the fiscal curve. the deadline is soft. its not like...

this pros he united in our belief the nations fiscal crisis must be addressed and that we cannot leave it for the next generation to solve. that statement, issued in congress. the super committee must not end. the president said if congress tries to get around the automatic cuts, called for in the law that created the super committee, he will veto it. >> my message to them is simple. no. i will veto any effort to get rid of those automatic spending cuts to domestic and defense spending...

is this a bad sign? they are debating about the presidents jobs plan but they cant agree on when he should deliver the plan. thats where we are now, folks. the president asking to address congress on one night. the republican speaker of the house says that night doesnt work for us. you know the story by now. obama requesting the joint session for congress on wednesday but the same night the presidential candidates, the republican presidential candidates are holding a debate so speaker ...

bank, their equivalent of ben bernanke gave a speech had morning and they said their economic growth is slowing, and traders took it as a note to say things are more serious than we thought. you combine that with the fact that the japanese central bank intervened to prop the yen up, and theres a fear that everybody is doing badly and nobody is there to pick up the slack. basically is that what is happening. money is coming out of the stocks. when you see that happening, it comes out of...

this "american morning.". busy weekend. good morning, august 1st. a lot going on today. >> it was an agonizing weekend and we were all up late last night. e-mails flying at midnight. >> it was busy. >> but things are a little brighter today than they were last night and saturday night and a little brighter. >> tiny bit. we start with that possible break-through in the debt ceiling crisis. in a few hours the house and senate are expected to vote on a plan by president obama and congre...

bipartisan plan would increase the debt limit through the end of next year, beyond the election. cuts and spending caps are still on the table. and house speaker john boehner apparently is planning a conference call sometime soon with house members. so we have up to the minute coverage of whats happening in washington. cnns kate bolduan is on capitol hill. dan lothian at the white house. lets begin with you, kate. senate leaders in both parties say they are, quote, very close to a deal...