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Good evening, chad. >> lawmakers here want to move quickly obviously, they are coming to the end where they have their recess, but how would that work? >> this is the issue here. they don't want to just raise the debt ceiling to a specific number. they are talking about extending it for possibly two years or more and they need to have the president's support. that's key. listen. >> we are talking about a debt ceiling. the previous president doubled the debt, and that's what we get stuck with. that's the way it is, folks. >> the president's support sways were public and lawmakers might be reluc...

Fox news channel later with all the rhetorical animosity, there is some potential good news from house speaker nancy pelosi, who just moments ago said she's been talking with treasury secretary steven mnuchin tonight. they will talk again tomorrow on reaching a potential deal in the next couple of weeks to raise the national debt ceiling and maybe even on spending caps. she said "we think it can be done. followed up separately with we are in a good place. how speaker pelosi does not want to talk about "the squad." she made that clear today. the group is making an impact on both sides are both ...

"spilled off the tracks." your surprised that things spilled off the tracks. that's a high bar to reach. >> yeah. i don't think i've seen many things go south this fast. mitch mcconnell said he thought that they were getting close to a deal on spending caps and the debt ceiling. he thought yesterday afternoon, they could cut a deal. this went south very quickly. there was one senior house democratic source that said what happened? what went wrong? this is before the speaker and the senate minority leader returned. how could this blow up that fast? they said nothing good happens when it goes ba...

Billion. the fact that $165 billion of that will be in the overseas contingency operations fund, which is an off-the-books thing that is not subject to spending caps. a lot of people are worried the white house may use some of that money in the oco budget to back fill money that is being used from the military budget to build a border barrier. i asked the omb director about that today. here's what he said. >> we do not request any oco money for the purchasing of -- the completion of the wall. we do have emergency spending that we devote to it. we continue to -- continue the military rebuild by...

For defense of cutting nondefense discretionary funding by five percent to stabler the spending caps. the president's plan will also propose cuts to a range of domestic programs. federal lawmakers were told in both parties that it is not expected to make any cuts to medicare or social security. arthel: jussie smollett has been indicted on 16 felony counts related to his reports of an alleged hate crime. the actor known for his role on empire, is facing one count for each time he allegedly made a false report about the attack. police believe that jussie smollett staged the whole thing. jackie h...