Live Breaking News & Updates on Plan Doesnt Balance

Raise the debt ceiling, and reform obamacare. mike emanual is live on capital hill with more. reporter: we just heard from house speaker john boehner who is celebrateing saying the house s plan is better than the white house s plan. the president s plan doesn t balance but the house s plan would balance the budget in ten years. the president s plan raises taxes by $2 trillion the house plan calls for reforming the entire tax code for families and small businesses to make it simple and fair. reporter: they added $96 billion in defense spending so defense hawks were pleased. up next is a vote in the senate. the new senate is prepared to pass a balanced budget with ....

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