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Warren warren buffett and i agree. he is making mistakes. >> laura: the "the washington post" had a big front pager. apparently everybody from dianne feinstein, barbara were reportedly really upset and demanding answers from the top guy there jack lou on what this deal is w. boehner saying wait a second. >> you may be about to sell us out here. the democrats actually could, some are thinking, be the ones to scuttle any deal in the senate because of cuts, actually. >> bill: well, and this is the president's major mistake. he is not articulated to anybody what his vision is for getting out of th...

Washington. as she mentioned, laura did speak with house speaker john boehner this afternoon but that was before he walked out of debt talks with the president so, instead of showing you that interview which is now out of date we're going to report on what happened once the talks collapsed. president obama came into the white house briefing room around 6:00 p.m. tonight and held an extraordinary press conference. he detailed a plan that he said he was working on with speaker boehner that included $1.6 trillion in spending cuts, including talks to entitlements as well as $1.2 trillion in new re...

Warren warren buffett and i agree. he is making mistakes. >> laura: the "the washington post" had a big front pager. apparently everybody from dianne feinstein, barbara were reportedly really upset and demanding answers from the top guy there jack lou on what this deal is w. boehner saying wait a second. >> you may be about to sell us out here. the democrats actually could, some are thinking, be the ones to scuttle any deal in the senate because of cuts, actually. >> bill: well, and this is the president's major mistake. he is not articulated to anybody what his vision is for getting out of th...

Special coverage from washington. as she mentioned, laura did speak with house speaker john boehner this afternoon but that was before he walked out of debt talks with the president so, instead of showing you that interview which is now out of date we're going to report on what happened once the talks collapsed. president obama came into the white house briefing room around 6:00 p.m. tonight and held an extraordinary press conference. he detailed a plan that he said he was working on with speaker boehner that included $1.6 trillion in spending cuts, including talks to entitlements as well as $...

Plan, the so-called plan b, which would give the president the ability but also the political responsibility for basically increasing the debt limit without, perhaps, any spending cuts. certainly not an amount equal to the two and a half trillion he is asking for. where do they go starting tomorrow? >> well, it's a good question. i don't think there is support for the mcconnell plan in the house of representatives on the republican side. i don't think they have the votes to pass. >> chris: it would raise the debt limit without a spending cut. >> no guaranteed spending cuts. mitch mcconnell sai...