Transcripts For CNNW Anderson Cooper 360 20110728 : vimarsan

CNNW Anderson Cooper 360 July 28, 2011



kate bolduan has the story. also tonight, ari fleischer and james carville get in a heated exchange. john mccain today snacking down fellow republicans. he's providing a reality check and so are the financial markets. the dow industrials today dropping nearly 200 points, making it four losing days in a row. the nasdaq and s & p down even more sharply. now, anyone with a 401 k has got to be worried at this point and watching this closely or should be. but assume for a minute that washington gets in gear and passes some kind of debt reductions deal before the treasury runs out of money and the markets react. will it be the kind of deal that most americans say they want? keeping them honest, the answer seems to be no. take a look at the latest cnn opinion research center polling. it shows 64% prefer a budget plan with a mix of spending cuts and tax increases. 34% say cuts only. that's consistent with other polling which is averaging nearly 2 to 1 in favor of what president obama and others call a balanced approach. he said on monday that's what he wants. you say that's what you want by a 30point margin. so why is the boehner bill cuts only? and why is democratic senator harry reid's plan also cuts only? democrats have backed away from any measures that raise revenues to accommodate republican demand. and republicans say americans are not willing to see any taxes go up. >> right now this economy is ailing. and we don't believe, nor do i think the american people believe, that raising taxes is the answer. >> i think what the american people appreciate is that you don't reinvigorate the economy by raising taxes. >> the american people don't want us to raise taxes. >> the american people didn't want their taxes raised, and they wanted us to cut spending. they don't want compromise. >> it's time to cut spending, balance the budget, and pay down the debt for our children and our grandchildren without raising taxes. >> there is absolutely no appetite anywhere across the united states for increasing taxes. >> i think the american people are against raising taxes on the job creators out there. >> well again, most polls show that's simply not true. as we've shown you last week the phrase -- by the way job creator is a new talking point. it's how republicans are now referring to wealthier americans. democrats, by the way, of course refer to them as millionaires and billionaires and talk about private jets a lot. talking points used by both sides in this debate. gloria borger and david gergen are with us tonight. first kate bolduan is on the hill. kate, what do you know? >> that revised plan did come out this evening with some new cost estimates which is the gold standard that every bill has to face in order to make it to the floor that. revised plan is some welcome news, if you will, for house speaker john boehner thanks to a kind of technical fix. they're able to find more savings. and that's important for house speaker john boehner. now according to these new cost estimates, it offers $917 billion in deficit reductions. while that still falls quite short of his original target of 1.2 trillion, it works. and here's. why because it meets the test that he set out from the beginning was that cuts be more than the amount they raise the debt ceiling, which is $900 billion for his bill. so this is very welcome news. they're putting this out there. they're moving forward with this vote. an it doesn't help in their effort as they've been trying to rangel the votes and secure all the votes they can from their on party. but the vote could still be close. >> yeah. there's a lot of back room negotiations here. so i just want to kind of spell it out for our viewers who haven't been following all the details all day long. at this point the vote for boehner's bill is supposed to take place tomorrow. he had this meeting today, basically telling folks in the republican party as we said earlier to quote get their asses in line". does he have enough votes at this point? >> reporter: at this moment, what i've been hearing from republican leadership aides is that they say they're feeling confident and it's moving in the right direction. they think they're getting the support that they can get. i was outside that meeting, and as members were coming out more conservative members who had said they were leaning no, they're now leaning more towards yes. what i kept hearing over and over again is we can't let the perfect be the enemy of the good, or as many members put the doable. so it seems they are getting the message that speaker was giving them in the meeting at this point. >> but there are today a lot of loud messages already coming from democrats that if the plan passes in the house it will not make it through the senate, correct? >> reporter: absolutely. and that's kind of an important reality check here. if it does pass in the house it has the potential of hitting a huge road block as soon as it gets to the senate. at the same time that house speaker john boehner's office was putting out this release, good news about the revised plan and cost estimates, senate democrats released a letter at almost the same time with 53 signatures on it saying they don't support the plan in the senate and really essentially making clear that it cannot pass. so while all eyes are still on the house to see what happens with john boehner's plan in the house, it has some serious problems in the senate if it gets there. >> all right. kate bolduan, appreciate the late reporting. joining us is political analyst gloria borger and david gergen. say it passes in the house and it goes to the senate. what are harry reid's options there? >> they're trying to figure that out right now. look, it's not going to pass the senate. but john boehner then has another decision to make quashed this revolt on the right. but if this measure goes to the senate and it doesn't pass, then there's another question if they go the legislative route this way. there's another question which is, can he possibly compromise and bring his troops along with him, or is he going to have to compromise and understand that in order to get something through the house he's now going to have to start looking for democratic votes? because once you start compromising with harry reid, you may just lose a lot of those tea party republicans and you're going to have to get some democrats in line to vote for this. so the whole dynamic really changes, anderson, once this passes the house tomorrow if it does as expected. >> and you're getting late details from your source on what's going on behind the scenes in negotiations. >> you know, there's an outside track here, which is the legislative track. there's also an inside track. and on that inside track, i'm told that vice-president who was originally involved in these negotiations to try to head this off at the pass is still having conversations with people. and of course, all eyes are upon the senate republican leader, mitch mcconnel. i've been told tonight that he and biden communicate but they are not in talks. whatever that means. so welcome to my world. because mcconnel supports the boehner plan. so you know, what you have behind closed doors are people scrambling to try and figure out what they can do once the legislative track is kind of -- works its will. >> david, from your vantage point, where do you see this going if it does reach the senate? the boehner bill? >> i think we're about where we expected to be, anderson. that is as gloria said we have a boehner bill and a reid bill. each one may pass -- well, the boehner bill's going to pass the house, i think. the reid bill may pass the senate. but then they're both going to die in the other chamber. the real issue is what comes after that? what kind of compromise can be fashioned? and can you find a compromise that both sides -- can you get enough votes from their own party to pass? and there are enough similarities between the boehner bill and the reid bill that with the kind of craftsmanship of mitch mcconnel you might be able to put it together. they both leave out tax increases. that's something the president has wanted. they both leave it out. that makes it easier. but there's still a lot of distance between them on how much to cut and how sure are they of getting real cuts? the reid plan says, well, we're going to cut $2.2 trillion. the republicans come back and say, well, 1.1 of that or more are phantom savings from ending the wars in iraq and afghanistan we're going to end, anyway. those are not real cuts. and wayboehner wants to come ba. it's complicated. i'm still hopeful we'll get something. i think the stock market going down 200 points today, while bad news for 401 k owners i think really did send a powerful message to the congress. you're really playing with fire here now. the markets are -- you thought monday the markets were complacent. they're no longer complacent. they're sending you a strong signal, buddy. get your act together or you're going to have real trouble. >> they can try and play the blame game. >> go ahead, gloria. >> i was going to say, they can try and play the blame game with each other, which i'm sure they will do. because once you pass a bill in the house the republicans can say, look, we've done it. we've done our work. once you pass a bill, a democratic bill in the senate, democrats could say we've done our work. but i think they're beyond that, anderson. because i think they will all suffer in the end if they don't get something done. the american public will say this is not what we voted you in for so we're going to vote you out. you could potentially see a huge anti-incumbent year. >> i agree with that. but they are both playing for who's going to wind up getting the most blame? who's going to wind up holding the black queen? >> right. that's the way they always play. but this is very high stakes. >> david, prominent democrats, including former president bill clinton, says that president obama should just raise the debt ceiling unilaterally. something they say the 14th amendment allows. do you see any truth to that? >> i think there's a strong argument for what bill clinton is arguing. but administration has essentially ruled that out. tim geithner the treasury secretary has made it clear they do not think that's constitutional. they're not going to go down that path. i think one of the reasons they're slamming that door shut is for the reason they want to keep pressure on to see if they can't get a deal. look, i think the real -- the real crunch will come here over the weekend and we're going to see where the parties really stand, what their bottom line cards are. we don't know that right now. we've got to get past the reid-boehner duel and then into the real negotiations and the real deal. >> right. >> david, gloria thank you very much. >> i never thought i would wish for sort of deals to take place behind closed doors, but that's kind of what we're into. >> but there's sort of a point where a lot of people would sort of like to turn off the television cameras and shut these people up and let them go to work. we don't want it hear any more of this. just get the darn thing done. >> right. >> it's going to be interesting the ramifications of this no matter what happens, how people continue to view congress after this. because i don't think anybody comes out of this looking very good. david, gloria thank you very much. fascinating divisions right now in the gop playing out today. speaker boehner's efforts to patch them up. we told you about the salty language he was using today with his own members. ari fleischer and james carville debate how deep they run. it gets pretty heated. we're going to show you that. let us know what you think. we're on facebook. i'm on twitter @ anderson cooper. just ahead tonight, new video of the deadly blast in norway as it happens. you'll see what a security camera saw. and late details today as well on the investigation from our nick robertson who's there. one girl's frantic text messages as she hid from the killer. also polygamist leader warren jeffs on trial in texas for two counts of sexual assault of a child. tonight in our crime and punishment segment we take you inside a secretive flds community that one investigator compares to the taliban. imagine that. right here in the united states. first let's check in with isha sesay. >> reporter: game show host alex trebek isn't just on jeopardy, he's also talking about the terrifying moments when he was in jeopardy. we'll tell you about his run in with a burglar and what happened when he gave chase. that and much more when 360 continues. [ male announcer ] this is the network. a network of possibilities. excuse me? my grandfather was born in this village. [ automated voice speaks foreign language ] [ male announcer ] in here, everyone speaks the same language. ♪ in here, forklifts drive themselves. no, he doesn't have it. yeah, we'll look on that. [ male announcer ] in here, friends leave you messages written in the air. that's it right there. [ male announcer ] it's the at&t network. and what's possible in here is almost impossible to say. ♪ ooh baby, (what) can i do for you today? ♪ [ female announcer ] need help keeping your digestive balance? align can help. only align has bifantis, a patented probiotic that naturally helps maintain your digestive balance. try align to help retain a balanced digestive system. try the #1 gastroenterologist recommended probiotic. align. didn't really know what i wanted to do. didn't like high school. and then i met my teacher, mr. mccooey, and that click happened. i would never have even thought about going into the engineering field if it wasn't for these ap classes, these teachers and them helping me realize that this is a major calling in my life. ♪ i didn't always know that i would like math, but now i think it'll change my life. i didn't always know that i would like math, got the mirrors all adjusted? you can see everything ok? just stay off the freeways, all right? i don't want you going out on those yet. and leave your phone in your purse, i don't want you texting. >> daddy... ok! ok, here you go. be careful. >> thanks dad. >> and call me--but not while you're driving. we knew this day was coming. that's why we bought a subaru. boehner's revised debt reductions plan emerging tonight and a letter from 51 democrats and 2 independents saying they will oppose it if it makes to their side of the hill. there are signs tonight the chances may be improving somewhat, however. certainly there are also big signs that speaker boehner is facing a vocal rebellion among the gop ranks, among republican ranks. this morning on conservative talk radio he tried to rally the troops. >> is it true that you told some of the republican members this morning that you need to get your a word in line behind this debt ceiling bill? >> i sure did. listen, this is time to do what is doable. this bill isn't perfect. >> what have we got to do? >> just moments after he spoke those words from fellow republicans and tea party leaders were rallying against his bill outside the capitol. >> folks, we've got to hold the line. we've got to stand strong. we can't let down the people who elected us last november. >> we have the boehner proposal on the table. it will cut next year $1 billiobillion [ audience boos ] >> we are spending $1 billion an hour virtually. that is insignificant and not meaningful reform. >> tea party favorites rand paul and jim demint. one of the rally organizers saying compromise simply is not the answer. >> we do think compromise is a bad word. if you look at what's happened, compromise has brought us to $14.3 trillion in debt. >> but even the staunchly conservative "wall street journal" editorial page disagrees, pushing today for the boehner bill saying opposition to it "this is the kind of crack political thinking that turned sharon ankle and christine o'donnel into gop senate nominees". "the reality is that the debt limit will be raised one way or the another, the only issue now is with how much fiscal reform and with what political fallout". the gop hard liners are sticking to cut, cap and balance which doesn't raise the debt limit until congress votes to send a balanced budget amendment to the states. today on the senate floor john mccain said enough is enough. >> that is not fair to the american people to hold out and say, we won't agree to raising the debt limit until we pass a balanced budget amendment to the constitution. it's unfair. it's bizarre. and maybe some people have only been in this body for six or seven months or so really believe that. >> divisions within the gop itself. i spoke about that earlier with democratic strategist james carville and former bush press secretary ari fleischer. currently you can follow him on twitter at, @ twitter.com/ari fleischer. >> so james, it seems like some of the stiffest opposition to boehner's bill at least to start with came from his own party. is this kind of a rebellion in the ranks normal or are we seeing somewhat unusual here? >> you know, they told us exactly what they were going to do. think of what you want of the tea party. i don't think very much of them. but they said that this is what they were going to do when they got here. and by and large, that's what they're doing. i have a theory that only thing more dangerous than someone that this about re-election all the time is someone who never this about re-election. and that seems to be what some of them are. but they're very true to what they said they were going to do. >> ari, what about that? the tea party members are really a minority block in one half of one branch of the government. it seems like they're kind of steering the ship now. is this how it's supposed to work? >> it's about time that it worked this way. members of the tea party came to washington to educate washington. they didn't come here so washington could educate them on how things were going to get done. and i talked to several members of congress today, some senior members and a couple freshmen members, too. and you really get the sense the senior members welcome this infusion of how to cut spending, this pressure that they're under. they just want to make sure that it's done, done right, and that we don't put the nation into default. so i think the speaker is finding that fine line between really changing washington but not pushing so far that things collapse. and that's what the tea party has really been helpful in accomplishing. >> well, you know, that's strange. because the speaker said that the members of the tea party wanted to default, that they wanted the chaos. so maybe we're reading different newspapers here. >> no. >> the strong element -- >> we've been through this before. [ overlapping speakers ] >> you've got to understand that there's a strong senator dement want to default, many people on talk radio want to default. the speaker says members of his own caucus wants to default. >> ari, i read a statement today that said there's not a speaker in the last 30 years who's had to deal with the political climate boehner has had to deal with. do you agree with? >> yeah, i do. i think that's exactly right and i think that's on purpose. what really is happening here, it's the same group of people who showed up in august of 2009 at the town halls were the first people to take on barack obama over healthcare. when many people in washington thought they were going to have to go along with what president obama was saying, these were the paul reverse of the republican party saying we've got to stop this. here is the warning. people underestimated them. they thought they were a fringe. it led to the 2010 tidal wave election. what they believe in is still propelling the republican party on fiscal and economic issues today. and i welcome it. >> yeah. thes

Related Keywords

Line , Asses , Debt Reductions Bill , Magic , John Boehner , Way , Details , In The House , Paper , It , Body Parts , Senators , Breaking News Tonight , House , Debt Crisis , Record , Congressional Budget Office , 53 , James Carville , Story , Ari Fleischer , Kate Bolduan , Republicans , Points , John Mccain , Reality Check , Anyone , Markets , Exchange , Row , Snacking , Nasdaq And S P , Dow Industrials , 401 K , 200 , Four , Kind , Point , Wealthier Americans , Debt Reductions , Deal , Washington , Money , Treasury , Gear , Answer , Look , Bill Clinton Say , Spending Cuts , Budget Plan , Mix , Cnn Opinion Research Center Polling , 34 , 64 , Barack Obama , Polling , Others , Favor , Approach , 30point Margin , 2 , 1 , 30 , Reid Plan , Taxes , Harry Reid , Economy , Democratic , Revenues , Demand , People , The American People Don T , Spending , Ramen Noodle , Children , Debt , Raising Taxes , They Don T Want Compromise , Grandchildren , Us , Appetite , Job Creators , Polls , Stuff , Gloria Borger , Course , David Gergen , Sides , Debate , Billionaires , Talking Point , Job Creator , Millionaires , Phrase , Jets , Cost Estimates , Standard , The Hill , News , Order , Savings , Thanks , Floor , Fix , 917 Billion , 17 Billion , Cuts , Beginning , Target , Deficit Reductions , Test , Amount , 1 2 Trillion , Doesn T , Votes , Bill , Vote , Debt Ceiling , Effort , 00 Billion , 900 Billion , Place , Party , Viewers , Back Room Negotiations , Haven T , Spell , Reporter , Folks , Meeting , Hearing , Members , Support , Leadership , Aides , Direction , Yes , Speaker , Messages , Message , Good , Perfect , Doable , Enemy , Senate , Release , Office , Road Block , Potential , Eyes , Letter , Signatures , Reporting , Problems , Decision , Options , Question , Measure , Right , Revolt , Route , Doesn T Pass , Something , Troops , Tea Party , Changes , Anderson Cooper , Compromising , Dynamic , Track , Negotiations , Scenes , Source , Vice President , Pass , Conversations , Talks , Republican Leader , Mitch Mcconnel , My World , Vantage Point , Will , Behind Closed Doors , Reid Bill , One , Compromise , Issue , Chamber , Reid Bill May , Craftsmanship , Tax Increases , Leave , Similarities , More , Distance , 2 Trillion , 2 Trillion , Wars , It S Complicated , Nba , Afghanistan ,

© 2025 Vimarsana