Abou8 Process News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Just to give you a little bit more information about those two separate plans under harry reid's plan, you would see abou8 process. the first part, according to the speaker, would bring about $800 billion in savings, and would increase the debt ceiling through the next year. then after that you would call for a bipartisan commission to come back to the table and try to identify another $1.6 trillion in cuts through things like changes to the tax code as well as reforming entitlements,

Close to the default. look at the calendar. eight days to go, and still nothing close to a plan that both parties can agree to. the focus of the debate has shifted to congress now, and majoritied leader harry reid and speaker boehner both have plans in the works, but it's unclear if their finished products will get the votes to raise the debt limit. the speaker pressed for his approach on the sunday shows, while putting political pressure on the president. >> it's not physically possible to do all of this in one step. i know the president is worried about his next election, but my god, shouldn...

Reid's plan, you would see abou8 process. the first part, according to the speaker, would bring about $800 billion in savings, and would increase the debt ceiling through the next year. then after that you would call for a bipartisan commission to come back to the table and try to identify another $1.6 trillion in cuts through things like changes to the tax code as well as reforming entitlements, but the problem with that, according to president obama,

Nothing close to a plan that both parties can agree to. the focus of the debate has shifted to congress now, and majoritied leader harry reid and speaker boehner both have plans in the works, but it's unclear if their finished products will get the votes to raise the debt limit. the speaker pressed for his approach on the sunday shows, while putting political pressure on the president. >> it's not physically possible to do all of this in one step. i know the president is worried about his next election, but my god, shouldn't we be worried about the country? >> kristen welker is live for us thi...