Deficit Talks News Today

Have been saying that for a long time. as long as its with tax cuts it will be fine because it will pay for itself. steve mnuchin and gary cohn and others have been denying that this is not going to pay for itself and they keep insisting of it will. this has not been the death of deficit talks but the death of a real truths and facts budgeting. >> steve clemmons, you probably heard the president talking about how amazing this is for american businesses and the ceos who love him and companies. he...

The base thats now much more aligned on the right are they driving this bus? i think thats really the central play thats going to happen and i think it will determine what happens in the next six weeks around the budget and whether we are soon to be filming the sequel for the shut down and debt and deficit talks. >> the challenge for the white house is fixing the website. when it comes to the governments hearth website the cost overruns designing the site have been massive. take a look at tom co...

Latest breaking of bread. >> another day, another republican dining partner for president obama. he inviteed paul ryan for lunch. shift in strategy. >> the president believes that chairman ryan is thought leader in the party. >> dramatic naing tone from last spring. >> the ryan republican budget if it were enacted in to law would be incredibly harmful to americas seniors. >> they note its a shift from the recent days after the election when the president hit the road again. >> we went through mo...

Now get a $169-per-month lease on a 2013 nissan sentra. ♪ now to the three big money headlines. slow and steady, and the rich are getting richer and blacked out. lets talk about yesterdays jobs report. it showed u.s. employers added 155,000 is new jobs, and left the unemployment rate unchanged. and the upcoming debt ceiling, deficit talks, will it affect the trend of job growth? >> i would like to say. no i would like to be hopeful and say it wont have much of an impact, given the december n...

Serious about compromise as they claim? >> that offers like the sticker price at a car dealership. >> with room. >> you know you wont pay that and then the big question unanswered now is will republicans budge on rates or revenue? we have to distinguish. republicans are open to increasing tax revenue by a cap in deductions, closing loopholes and so far they havent shown willingness to moving tax rates up for upper income americans. do they talk about entitlements? folks on the left say were not ...

And the president will say, lets fix it and they will sit down and fix it, right? >>guest: sure, right now that the election is over. this is the biggest task for both parties returning to washington this week. we will have a new congress next year that actually resembles the one that came before it. >>shepard: to the right of the last one, isnt it? >>guest: a little bit more polarized i would say. some key moderates on both sides of the aisle lost re-election bids last night. so we will see a l...

The prominent figures, at least to run the day-to-day affairs of the country and to also help through the transitional process. the military, so far, has been reluctant to concede that power. people feel the reason the militarys doing that, it wants to hold on to all of the powers in its hands. >> thanks so much. also well speak with gregory porter, who was one of the students, u.s. students, released from cairo over the weekend later in this hour. president obamas key to winning the swing sta...

>> brooke, thanks very much. happening now, riveting new details, the rough draft about president obamas jobs speech. what were learning about the plan he unveiled tomorrow night and whether he has new ideas that will sound either bold or timid. also, rick perrys first test on the presidential debate stage. he got a late ride into this race, but hes moving very quickly right now at the start of his presidential campaign. tonight, he has something, of course, to prove. plus, one o...

Strength of the nations credit. it added that the ratings cut could be useful in future deficit talks. >> markets will rise and fall, but this is the united states of america. no matter what some agency may say, weve always been and always will be a aaa country. i realize that after what we just went through, theres some skepticism that republicans and democrats on the so-called super committee, this joint committee thats been set up will be able to reach a compromise. but my hope is that friday...

frustrated. its 100 and some degrees heat index outside, and i can understand people getting worked up about this sort of thing. more on politics in a moment. i want to start with a street level view of what has to be considered an emergency. justin bruno heads up the office of emergency management. he is kind enough to step outside and tell us what he has been up today. thank you for making the time and braving the heat. is your city in emergency mode right now? >> we absolutely are...