Page 8 - Debt Negotiation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Doug mckelway's got a busy job on the hill today with a lot to follow. what can we expect? take it a bit slow, doug, good morning. [laughter] >> reporter: i'll try to. all very complex up here. one of the first orders of business in the house is not specifically related to the debt ceiling crisis, but it's going to send a message to the rest of the country about whether or not the house is ready to put its money where its mouth is. the house will begin debating on what's called the legislative branch appropriations act of 2012. this would cut the house budget by 6%. begin, it's not specificall...

>> reporter: walsh is angry that president obama said that social security checks may not go out. if there is not a debt limit deal by august 2. he says it's not true. a message echoed by senate freshmen who sent a letter today to the president. >> i think the president should apologize for politicizing social security, for threatening not to send out checks. >> g.o.p. and senate freshmen may be the new kids on the block but they are not slinking violets. many were elected by vocal, passionate tea party members and see themselves on a mission to rein in big government spending and prevent tax ...

>> rick: we begin with the debt crisis in our nation's capitol. negotiations on hold between president obama and congressional lawmakers today. instead, both sides taking to the air waves making their cases directly to the american people. as an important august 2 deadline fast approaches, molly henneberg is live from washington. hi, molly. so the president is pushing more of his you give a little, i give a little message today. what can you tell us? >> hi, rick. always nice to see you two. republicans are not really buying it, but the president said in his weekly radio address today that sinc...

Leadership on both sides of the aisle on the debt negotiation this is morning and here are senate leaders making comments just over an hour ago, take a listen. >> house majority leader eric cantor has shown he shouldn't be at the table. the time for personal gain and political postures are over. time to put our economy and our country first. >> we refuse to let this president use the threat of a debt limit deadline to get us to cave on tax hikes or phony spending bills. either you're with the president and his vision of a government that continues to live beyond its means or you're with those ...

>> reporter: walsh is angry that president obama said that social security checks may not go out. if there is not a debt limit deal by august 2. he says it's not true. a message echoed by senate freshmen who sent a letter today to the president. >> i think the president should apologize for politicizing social security, for threatening not to send out checks. >> g.o.p. and senate freshmen may be the new kids on the block but they are not slinking violets. many were elected by vocal, passionate tea party members and see themselves on a mission to rein in big government spending and prevent tax ...