Page 35 - Sam Chernin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

everything in this bill is paid for. the idea for a big boost in construction is supported by the afl-cio and the chamber of commerce. those two don't get along on much, but they agree we should rebuild america. and by the way, thanks to the reforms that we put into place when we start rebuilding america, we are going change how business is done. no more earmarks and no more bridges to nowhere. we are going to cut the red tape that prevents the projects from getting started as quickly as possible. we will set up a fund to attract private dollars and issue loans based on two criteria....

directly into a meeting with israeli prime minister benjamin netanyahu just a few blocks from here in midtown. the president plans to hold a similar meeting with palestinian president abbas in about two hours. right now abbas still plans on filing his request for statehood to the floor of the u.n. this friday. we're in the middle of a scramble right now, as you are witnessing it, diplomatically to try to avert that. however, the u.s. knows abbas cannot walk back his pledge. he is facing tremendous pressure, politically back home. so the u.s. is left to try to slow walk this process i...

witnessing it, diplomatically to try to avert that. however, the u.s. knows abbas cannot walk back his pledge. he is facing tremendous pressure, politically back home. so the u.s. is left to try to slow walk this process in hopes that they can spark a direction negotiation between abbas and netanyahu. we start with nbc's mike viqueira at the white house. what, if anything, did the president accomplish with any constituency today? >> reporter: well, apparently he may have borne fruit on the international stage. there is an indication, dylan, they may be able to delay this, and it may ...

in case you had any doubt that the president's speech marked the end of the governing season, white house communication director dan fire confirms it, we were in a position of legislative compromise by necessity. that phase is behind us. the president released his deficit plan and it was greeted with a thud by republicans. middle east peace may look more attainable to the president than selling republicans on his plans for the economy. the president laid out a $3.2 trillion deficit reduction package which includes $1.5 trillion in new tax hikes on wealthier americans. >> i will not...

that are difficult on the spending side in terms of health care and other mandatory programs. in the debt bill we agree to discretionary cuts that put us back with the tightest discretionary spending since eisenhower was president. the challenge is to get the full job done and put us on a path where we're dealing with the debt and deficit so we get to a place where the deficit is truly sustainable and that means under 3%. our plan would get us to 2.3% of the economy. i think that the challenge is now to work together to put together something balanced. there's a joint committee that ...