hammered with angry questions. egyptians take security into their own hands. even some children are armed with illegal guns. the revolution giving way to a wild west mentality. i m wolf blitzer. you re in the situation room. the united states is another day closer to a possible default on its debts. 19 days before the deadline there s no sign that political leaders are any closer to preventen an unprecedented and frightening train wreck. right now members of congress are in the fifth straight day of talks aimed at raising the debt limit. the frustrations and tempers have been laid bare. let s go to our chief white house correspondent jessica yellin. she s over there with the latest. what do what do we expect from the negotiations? as you know, it s been 24 hours of extremely high tension with each side accusing the other of political posturing. now they re back to see if they can sal van these negotiations or if they have to move on to plan b, or maybe plan c. today w
dividends and capital gains which are lower than what working people have to pay. it s not hard to come up with a deficit reduction program which is fair. the american people want that. they ve got to tell the president of the united states to stand up to republican blackmail and do something which is right and fair for ordinary people. sir, here s what white house spokesman jay carney said today about the negotiations and the choice that needs to be made.ç do we perpetuate a system that allows for subsidies and revenues for oil and gas, for example, or owners of corporate private jets, and then call for cuts in things like food safety or weather services, things that the federal government really does need to do on behalf of american citizens? you said before you feel like what s going on right now with these talks and set aside is immoral. vice president biden used that
massive cuts in medicare, medicaid, education, environmental protection, nutrition, et cetera. poll after poll shows that s not what the american people want. second of all, it s simply immoral to move in that direction. thirdly, the point i made, it s not complicated or hard to come up with a deficit reduction program, which is fair and which does not devastate the needs of low and moderate income americans. it s all sitting there. do you away with bush extending bush s tax break force the wealthy. take a hard look at military spending. accelerate or troops from iraq and afghanistan, hundreds of billions of dollars. do away with the absurdity of tax shelters. end programs, tax policies which encourage and give tax breaks to corporations who shut down in this country and move abroad. do away with the differential in tax rates between low rates on
only thing you do is make massive cuts in medicare, medicaid, education, environmental protection, nutrition, et cetera. poll after poll shows that s not what the american people want. second of all, it s simply immoral to move in that direction. thirdly, the point i made, it s not complicated or hard to come up with a deficit reduction program, which is fair and which does not devastate the needs of low and moderate income americans. it s all sitting there. do you away with bush extending bush s tax break force the wealthy. take a hard look at military spending. accelerate or troops from iraq and afghanistan, hundreds of billions of dollars. do away with the absurdity of tax shelters. end programs, tax policies which encourage and give tax breaks to corporations who shut down in this country and move abroad.
do away with the differential in tax rates between low rates on dividends and capital gains which are lower than what working people have to pay. it s not hard to come up with a deficit reduction program which is fair. the american people want that. they ve got to tell the president of the united states to stand up to republican blackmail and do something which is right and fair for ordinary people. sir, here s what white house spokesman jay carney said today about the negotiations and the choice that needs to be made. do we perpetuate a system that allows for subsidies and revenues for oil and gas, for example, or owners ofç corpora private jets, and then call for cuts in things like food safety or weather services, things that the federal government really does need to do on behalf of american citizens? you said before you feel like what s going on right now with these talks and set aside is