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Trillion budget today. peter orzag, the white house budget guy is here to break down the numbers coming up next and why was rickp torn in jail over the weekend? ññ
Are they rosy, conservative? that's where they are getting most of the deficit savings. if you can get the economy growing again and unemployment back a sustainable level, you will cut deficits, because you start getting tax revenues again. >> mika, too rosy in the first budget. talking about 4% economic growth for years to come, but you aren't going to sustain that. i'm with savannah. you can tell she's short about a policy wonk, a dork like me. >> a total dork. >> i want to see what they are protecting in terms of economic growth. 4%, not sustainable. 3%, a little more believable. 2%, maybe ...
>> that's the only plane right now we have on the highways, steve. something is breelse, break int interview if something else happens. president obama is sending his budget proposal for 2011 to congress today. it's happening for approval. meantime, at the end of the current fiscal year, we face a $1.6 trillion deficit. >> here with all the facts and figures is the director of the white house office of management and budget, peter orzag. thank you so much for joining us. >> good morning. >> ok. i don't have to tell you that this $3.8 trillion budget that the president is unveiling with a $1.6 ...
Peter orszag and nicolle wallace and the showdown between roger els and ariana huffington. there is another winter storm in the south central part of the united states. winter storm advisory in south central kansas right now. a mix of rain, snow, freezing rain, all that sleet and fun, and then in the northeast, all you want to know, is it going to be warmer? balmy compared to the end of last week. buffalo, a high of 24 with a mix of sun and clouds. same cloud cover in new york city. philadelphia, more in the way of sunshine. overall, the nation looking a little better than we had last week. ...
To the house of representatives. i think for obama, it helped him a lot. democrats thought he was fighting for them. >> we'll play a lot of that coming up after the break. >> i don't understand what the republicans were thinking. i have been critical of the republican leadership on capitol hill. there is not a speaker in american history, even tip o'neil, if you give the president of the united states a podium and a teeming mass of people out in the audience, the president is going to be elevated, naturally. >> it was a really great move on his part to go there. and we're going to play -- afte...