you get a little bit of cuts for a little bit of increase, it was going to be this, ok, we ll do this every month and we ll be here every month and we ll keep doing this. i think that was more attractive to them about three weeks ago and what i hear is that that is off the table now and the white house has rejected it as well. here s what senator john cornin said about it on fox news sunday. well, the problem with the mini deal is we have a maxi problem and these the big problems aren t going to go away if you cut a mini deal. all it does is delay the moment of truth and so i think better now than then. but if we can t, we ll take the savings we can get now and we will relitigate this as we get closer to the election. there s also talk that senator schumer is pushing forward, provision in the 14th amendment that would allow the president to go past and spend as much as he wants. really? and ignore the deficit ceiling. so they might explore that a little bit. i read some
fan of a debt ceiling extension, but it may have to happen. the problem with a mini deal, we have a maxi problem. and big problems aren t going to go away if you cut a mini deal. reporter: he blasted an idea suggested by some democrats that the u.s. constitution empowers the president to keep on spending even if uncle sam goes over his credit limit. brian mooar, nbc news, washington. here is your first look at some of the other news going on around america today. a violent thunderstorm tore through washington, d.c., yesterday where a 56-year-old cyclist was killed by a falling tree limb. at one point in the afternoon police cleared spectators off the capitol s west lawn where preparations for today s big independence day concert were under way. fortunately the weather cleared up in time for the evening rehearsal. elsewhere across the country, several cities held their fourth of july fireworks display a day early. sparks flew at the annual red, white and blue festival in florida
increases, that s a deal breaker. senator john kcornyn the problem with a mini deal, we have a maxi problem. big problems aren t going to go away if you cut a mini deal. reporter: he blasted an idea suggested by some democrats that the u.s. constitution empowers the president to keep on spending even if uncle sam goes over his credit limit. brian mooar, nbc news, washington. here is your first look at some of the other news going on around america today. a violent thunderstorm tore through washington, d.c., yesterday where a 56-year-old cyclist was killed by a falling tree limb. at one point in the afternoon police cleared spectators off the capitol s west lawn where preparations for today s big independence day concert were under way. fortunately the weather cleared up in time for the evening rehearsal. elsewhere across the country, several cities held their fourth of july fireworks display a day early.
body was discovered floating in a creek in indianapolis on sunday. an autopsy planned for tomorrow mourn. we will bring you all the latest details. reporter: switching gears now, a new twist on dealing with our ocean of red ink. texas senator john cornyn said they might accept a mini deal. that may have the government not default on the loans when they come due. he also makes clear that the idea is only a short-term fix to buy time. the problem with a mini deal is we have a maxi problem. and the big problems aren t going to go away if you cut a mini deal. it just delays the moment of truth. i would say better noun then, but if we can t we ll take the savings we can get now and
and our economy. the senate is goin back to k on this tomorrow and that is significant. they say a deal needs to be hammered out sometime in the next two weeks or so because of procedures on capitol hill. there is great concern about when financial markets may start to react. a leading republican threw out the idea hey, if we are having trouble getting a major deal, what about a mini deal? take a list gln the big problems aren t going to go away if you cut a mini deal. all it does is delay the moment of truth and so i would say better now than then but if we can t then we ll take the savings we can get now and relitigate this as we get closer to the election. the white house does not love the idea of a mini deal. white house officials telling me the president made it clear he believes it is in the country s economic interest to get a significant long-term deal done. we ll see. john? so it s independence day, how did the president spend his time?