In a statement, the president called the deal balanced saying it increased target fee increases and spending cuts designed in a way that doesnt hurt our economy or break the ironclad promises weve made to our seniors. Its the first budget that leaders of both parties have agreed to in a few years. The American People should not have to endure the pain of another Government Shutdown for years. House Speaker Boehner said while mottest in scale, this agreement represents a positive step forward by replacing permanent reforms to mandatory spending programs that will produce real lasting savings. John harwood has the latest data from the nbc wall street journal poll. Right now, lets check on the markets. After all of this, we can see the markets are barely budge. Waiting to take their cues, see what they think, see whether this passes, nasdaq and s p down slightly and dow jones up 1. 87 points. Tenyear note down to 2. 808 . Andrew, good morning. Becky, thank you. Mastercard has now announced a ten for one stock split and 83 Dividend Increase and a 3. 5 billion stock buyback program. The company says the move reflects mastercards commitment to delivering shareholder value. That stock, take a look at this, jumping more than 60 this year. Wish you had known about this a year ago. Also, General Motors will stop making cars in australia by the end of 2017. It cites high costs and extremely strong currency. The move has sparked fears that toyota might be following suit. And a gm official says there is no viable way to manufacture car necessary that country over the longterm. I wonder what the folks locally have to say about that. Hilton hotels expected to price an initial Public Offering later today. It would be the largest ever hotel ipo. Hilton was acquired by blackstone back at the height of the market and perhaps even the bubble in 2007. A lot of people thought that they were going to lose their shirts and they may not in this case any more. Joe, over to you. All right, andrew. Speaking of shirts, another new one, i see. How do you like it . Its a better collar. Its one of the new ones. Nope. It isnt . Nope. It looks great. Discovery communications reportedly has its eyes on Scripts Network intersieve. Discovery is considering a bid for scripps. Discovery is the operator, obviously, of all those networks, discovery, animal planet, tlc among others and run by David Zasloff as you know well here. Discovery had approached i know the guy from scripps, pretty well, too. Lowe, ken lowe is his name. They know each other pretty well. But scripps was not interested in selling at the time. I think its a cincinnatibased company. You probably met the guy. Hes around. For being based in cincinnati, hes up here a lot. And i know they know each other pet well. That might make sense. Hes not that old of a guy, really, but an acquaintance of our friend. Of our friend. Of our friend, david, yes. Lets talk more about the budget deal. Joining us on the set now, ben white. Im going to call him politicos chief economic correspondent. Joe can come in ive got beltway ben, bleeding heart ben, hes here. All of which are equally inaccurate. I wont go to our last conversation. It might be a little more accurate. You gave me a great complex. No, i did not. I said youre big boned. From d. C. , john harwood, cnbcs chief washington correspondent and john is joining us now, as well. Who wrote that the blue devils that Florida State needed to be afraid of the blue devils. And i didnt answer you that day, john. I laughed when chuck todd said miami had a chance against Florida State, but i laughed a lot harder at your comment. Wasnt it 380 for a while . Which game are you talking about . Football. Which one . Duke . All right, never mind. Never mind. Yeah, we got hammered. But you tweeted beforehand that Florida State was going to get it come upance with the devils. That was kind of a joke, joe. You cant tell. Thats the thing with twitter. You cant tell. It is hard to read. John, duke was ranked at that point. Werent they number 20 or something . Theyre still ranked and were going to play texas a m in the chick filet bowl. Im a little worried about that one. Becky has been bragging about the pinstripe bowl. Notre dame is not even admitting that theyre going to that bowl. Notre dame in the pinstripe bowl on december 28th. Right here in new york city. That will be fun. Joe . Yeah, buddy . I want your pick on fsu auburn. You know what . I thought Florida State gag was going to hammer them, but bossty was in saying the Florida State schedule was so much easier than auburn. I dont know. Florida state, i have not seen any weakness. I like Florida State. I lived in tallahassee for a while. But im thinking that the s. E. C. Is a forge that makes a team i think so, too. I think thats a good way of putting it. And auburn might pull something out of its hat huh . Huh . Might pull something out of its hat again like the last two games. But they looked unstoppable in the last three games. We introduced this segment as a budget segment. Andrew is so bored with this. Its the oblong one, not the round one. No, no, it has like pigskin, first down. As long as were not talking about the redskins, im happy. In nine innings in that game . Is there anything other than to say that the budget, they did do it, right . Well, they havent passed it, but they will. And steny hoyer was saying theres guys in the tea party that wont to it and theres guys on his side that wont do it. Isnt it done . I think its going to pass. There will be people who oppose it on both sides. Marco rubio came out last night and said hes against it because it continues washingtons big spending ways, etcetera, etcetera. So if youve got an ambition for running in 2016 and youre a republican, youre likely to go against it. But i do think that the leadership of the republican side is for it. I think most members are a little toird of beating their head against the wall on some of the standoffs that theyve had with democrats. I think democrats can say, do we get what we want . No. But is it better than nothing . Is it better than shutdown . Is it better than another debt crisis . And i think everybody is going to say, lets do it and the well fight another day. Theres one piece to that that the democrats are not happy about this morning, which is the unemployment benefits. But theres a view inside washington that theyre going to come back at this issue again anyway. Come back at the Unemployment Insurance . At the unemployment. I think they are. You dont . They can discuss it. I dont think it will get passed. Not in this, but they may come with a separate bill. Andrew, im hearing resignation in both houses that that is done and that democrats put up a nominal fight for it and said, oh, put it in, but there was no real umph behind it. There was no bottom line demand behind it. So i think thats done. And its another marker, i think, of the way that people are shifting from crisis mode on the economy to a different way of thinking about where we are. And let me also say its harder to offer the case for extending jobs benefits when you see the nebs we had. The problem is with that that the improvement in the unemployment point and the jobs being created are for shortterm unemployment. This will extend benefits for them. That is a difficult argument to make. There might be more discussion of it, but theyre not going to get it in a separate bill. Very unlikely. Right after that, we had Grover Cleveland. That would be incredible. Whoa, you heard Grover Cleveland . I meant grover norquist. Was he any good . I dont know if he was a good president or not. Do you know, john . Well, he you remember he was targeted for some of his extra marital activities. Oh, my god, thats unheard of. We know super grover from sesame street. The thing that struck me, grover norquist, was that he would be willing to take these higher fees with his revenue, taxes, in the past, taxes are taxes and revenue he wouldnt go along with. When he said that yesterday, i thought, this is something. Its not technically taxes. Its airline fees, its asking pensioners to pay more. Do the airlines have the largest lobbyists in the world . They have a lousy lobby and everybody hates them. But consumers will cover that, anyway. Its going to get passed through the price of airline tickets. Our own larry kudlow on Television Last night said Ronald Reagan believed in user fees. He did. And theyre not taxes. Youll see folks like heritage action, the real hard right on fiscal issues say that this is a tax in another form, but grover is not going to say that. Most republicans in the middle arent going to say that. Its not a tax increase that would kill a bill in the house. Its not enough. To the end of february, and into march, is there any chance that we have to deal with the debt ceiling now . Were going to have to deal with it next year. But its not part of this agreement. We have to deal with it next year. I dont think its going to be a huge fight next year. The question is, republicans are still going to have to vote to raise the debt ceiling, which is something they hate to do. Theyre going to have to figure out a way to get my point on that is if treasury can push it out to may or june with extraordinary measures, you get passed a lot of hard core republican primaries, so members who are worried about getting challenged have less to worry about if its later in the year. Which treasury can probably push through, particularly with a better economy, more revenue coming in. Debt ceiling will get raised as smoothly as a Washington Redskins long snap to the punter. Which is not smooth at all, right . If you remember, the redskins dribbled one on the ground. I do remember. No, i think ben is right. Again, if you decide that youre not going to have brinksmanship on shutdown, which is what this budget represents, youre kind of saying im past the debt ceiling fight. I think primaries are an issue, but i think were going to get by that. I think we probably will, too. The republicans want a fight of obama care. They see the president wounded on all this stuff thats not related to the budget necessarily or the debt limit. So why set themselves up for potentially being blamed for another crisis when they have a laundry list of other stuff they would fight on in the longterm. And by the way, guys, the poll that weve got out this morning which shows obama under water, 43 approval, 54 record high disapproval shows that 51 of the American People think this is one of the worst congresses in history. All of those members, republican and democrat, are up for election next november. So they do care about that to some degree. And i think were avoiding the debt crisis. I saw a 38 number somewhere. 43, you picked a good one. I saw a 38 number somewhere. 43 is his overall job rating. His job on the economy is 39 in our poll. Dont you trust the New York Times more to have better numbers for obama . Please, please. They do corrections for the most minor they do. They dont do it for any of their editorial slant, which is consistently wrong, but they do do it for thank you. Youre welcome. The question i have, though, is if this is such a big deal, why does the market not seem to care at all . You think the markets overnight would be i think its mainly because i wrote a lot about it on cnbcs website and it was prominent that this was going to happen this week, so its now been priced in by the market. So i take full credit for the markets reaction to that. But i think there is a general expectation earlier this week that this was going to happen. And even before that, once the last one got done and the last time they did it, it took ten years before they tried to do it again because of the political dampness and there was no way it was happening again. Given the underwomening drum roll for this deal, isnt the only way it would have a big Market Impact is if it goes down . I think thats probably right. And we should talk about the fact that this sets up nicely for 2014. If youre looking at the economy and risks to the economy in 2014, youve got one big one coming off the table here, which is a shutdown. If you thought that was the case and when the markets reaction. You had a number of economists saying this was going to push gdp potentially in a meaningful way. If true, you think the market would actually rally. Lets give it time. Investors will read morning money, theyll catch up and start buying. Stocks dont move on the day that comes out on. They usually get there beforehand. I do think theres some level buy on the rumor, sell on the news is the most common expression it would be the fact that they have not digested the watershed moment. You look at this, oh, its a small deal, its no big deal, there are all these problems. But there are not all these problems. I think longterm its bullish for markets. Lets leave it there. Joe, did the tenyear come to a high when you saw yesterday paul ryan standing tall, paul ryan standing next to patty murray and they were praising each other for hard work and no. Ill tell you what i said. You dont know that tall is tall unless youre around him. Shes obviously dimunitive. You got it. But he is a lanky fellow. Hes only a 170 pounder. We like him and no one you know, we talk about christine, we talk about jeb and we talk about people like that. We dont talk about ryan. Maybe hes too young, but hes a kennediesque hes irish with the square jaw. Hes young, but dont count him out. Wall street likes him, too. Hes a dealmaker. Yeah, but rubio said last night, its on with ryan. Excessive washington spending, hes slamming it. But i think rubio is getting the tea Party Nomination is not worth that much. And i know paul is doing better now because we havent seen him on squawk box for a while. When he needs us, he comes on. The reasonable this did wall is because both paul ryan and patty murray kept this close to the vest. And they built up trust between the two of them, which i thought was a really good thing. Becky, when you guys were introducing me, was my white balance on tv . No. Clever work in the control room. That is a Christmas Gift to all of us. But your hair is flat and wet again, john. The rest of the day, it looks normal. Im going to buy you a blow dryer for christmas. Joe, im going to have paul ryan help me with my weight. That is good. Im going on p90x with paul ryan. You look good. You do. I appreciate that. But still, i could do some p90x were you an end . I played football, but i was more a basketball guy. Were you an offensive lineman or something . Yeah, i was sort of an offensive lineman. So why are you running from your past . I dont he ran a 4. 3. Say it loud and say it proud. Rg3 kind of speeds. It was ten yards, but i am very tired, folks. Thank you. When we come back, meg whitman speaks exclusively to cnbc about the computer giants business. We have that and much more coming up in todays executive edge. And later, the wisdom of dilbert. The author has a new book, how to fail at almost everything and still win big. This isnt a joke. This is something to guide you on your way if you are trying to find a way to straighten things out. He tells us why passion is well, he calls it b. S. First, lets find out if theres any more snow headed minority northeast. Alex wallace has the forecast. I wish i was bringing better news, but yes, there is more snow headed for the northeast. Right now, though, its around the great lakes where were finding snow, mainly lakeeffect snow and thats going to be piling up out there. Here are some of the totals well find through friday morning. The u. P. Of michigan picking up the heaviest snow. But the eastern lake ramping up here. A foot plus for us east of erie and even more. Were getting up to two feet east of ontario. Then well turn to the next storm system. Midwest, icy concerns here for oi our friday. Then as we head into saturday, snow for the great lakes and now the northeast, including new york city. And by the time we get to sunday, its new england. More squawk box is coming up next. Time now for the executive edge. This is a daily segment focused on giving Business Leaders a leg up. Earlier on cnbc, meg whitman spoke exclusively with our karen tso in barcelona. Karen asked whitman about the future of the bicycle division. So this was the very first decision i had to make when i came to hp. So i took 100 days and basically said, this is very much a core part of hp and here is why. We are the biggest compute company in the world. This is what we know. Everything from, you know, as i said, bdi to workstations to laptops all the way to huge High Performance compute machines. So it fits into our overall strategy, gives us supply chain leverage. So were committed to the pc business and what we call the personal device business. Guys, he has said this in the past, but its worth checking in with her routinely on this because the street has a lot of questions. I think its the consumer business which is the hard part. Is personal business a core part of the future of what consumers do . Probably not, but they might be. Were buying a laptop. Were getting a new laptop. I was going to say, i need a new laptop at home right now, too. I need a new one because when im writing stuff and typing things, i need one that can sit on the counter top and i can use. Its like the newspaper business, its not gone. Its definitely going, but its not gone yet. And that is the way things and you figure this is longterm no, i always like newspapers. I do. Whether they can translate the technology into a pc. Dont you think longterm that the pc business is its like the landline phone business, right . There are still people who use it, but do you have a home phone . Yes. I have a home phone. But i never use it and i dont check the message machine, either. I think we have a home phone. Im old. I dont know. If you leave a message on our machine, dont count on any of us ever picking it up. Give out your number while youre at it. No. Once you get rid of your phone, youre talking about cord cutting from your cable and just having internet. And thats herecy. To me, i want it just in case of an emergency. And cant the towers its in a bad situation. If youre on a triple play situation no, im fine. You dont have triple play . Im old school. R