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official that he will be unveiling his job plan when congress returns in september. they return early september after labor day. a senior administration official billing this as a major speech and telling us that this is likely to be a mix of tax cuts, of infrastructure spending, and something to address those that are the long-term unemployed. the thing to consider, kyra, all of those things laid out there are items republicans are flatly opposed to or opposed to the way in which the white house and democrats so far have said they want to execute those issues. in the meantime, we are three hours away from the president coming here to this hybrid corn seed warehouse in atkinson, illinois, where he is going to be draefg a croaddressing a cro already lining up to get inside to ask him questions in this town hall meeting. this will be his first it would have today in what we are expecting to be probably a largely friendly crowd here today. kyra? well, our wolf blitzer al ....
presidential election. the caucuses aren t until it s winter, until snow on the ground. at least it s been entertaining. up first texas governor rick perry on the attack in new hampshire. hit the ground running and hitting president obama hard calling his handling of the economy a disaster. he s not backing down from his verbal assault in iowa this week on fed chairman ben bernanke. here s what governor perry said. if this guy prints more money, between now and the election, i don t know what you all would do to him in iowa, but we d we would treat him pretty ugly down in texas. i mean, printing more money, to play politics at this particular time in american history, is almost treasonous in my opinion. this morning, governor perry is headlining the politics and eggs breakfast in new hampshire. cnn senior political editor mark preston is covering that event and joins us live from bedford. the texas governor, i m telling you he s backing up his comments about ....
in american history is almost treason in my opinion. because he never served. perry told a military gathering, quote, i want to make sure that every young man and woman who puts on the uniform of the united states respects highly the president of the united states. in fact, perry even seems to question obama s patriotism. listen to this. you need to ask him. [ inaudible question ] i m saying a good reporter. go ask hm. cnn s shannon travis is in iowa. governor perry had a gem for you, i understand, in your cameras? that s right. reporter: he did have a gem for me. it s important to question whether the newly republican presidential candidate if this is his texas swaggering bravado. he is just getting into this race and has more established contenders who have been in the race longer. as you yu just mentioned he did say a little bit of things and say he sealed it with a kiss. romney took a swipe at you today saying he has private sector experience and that ma ....
complicated partisan bickering. the senate went o recess without giving the agency a short-term funding extension. president obama believes the issue will be resolved by the end of the week. the transportation secretary says you have nothing to worry about when you fly. i ll be speaking to him later on american morning. president obama turns 50 today. he qualifies for a free scoop at baskin-robbins. and he got a surprise in chicago happy birthday to you happy birthday to you happy birthday jennifer hudson much better singer than rahm emanuel. 26 seconds of the president s comedic stylings. it s true, that i turn 50 tomorrow. which means by the time i wake up i ll have an e-mail from aarp. asking me to call president obama and tell him to protect medicare. funny, yet topical. some suppoers paid nearly $36,00for dinner. hoe they got a lot of free refills. if you re planning a trip to the caribbean, there s trouble in paradise, named tropical storm em ....
Lahood and the loss could reach $1.2 billion if the situation isn t resolved before congress returns in september. joining me now is robert reich, former labor secretary in the clinton administration, he s now a professor of public policy at the university of california at berkeley and mark zandi, the chief economist for moodie s analytics, he worked for the mccain campaign and the obama administration. thank you both for joining me tonight. professor reich, i want to go to the question of what have we done to the economy with this legislation? well, the good news, obviously, lawrence, is that the economy now doesn t have the sort of dam collies hanging over it, we can pay our debts, we are not defaulting on our national debt, and we won t face an economic calamity. the bad news is the president has essentially tied his hands and the hands of congress with regard to boosting the economy. ....