time is running out for congress to reach a deal to avert the fiscal cliff crisis. at this point, the approaching deadline can be measured in hours, and expectations are being scaled down accordingly. i suggested to them, if they can t do a comprehensive package of smart deficit reduction, let s, at minimum, make sure people s taxes don t go up. the president appearing on meet the press this morning, pushing a narrow last-minute deal that would extend the bush tax cuts for the middle class but leave a hoet of other issues unresolved. if congress does reach a small deal on taxes before the fiscal cliff deadlines up, their next fight over the dead ceiling will be queued up and ready to go. whether or not we go over the fiscal cliff tomorrow night, a political stand-off over the debt ceiling is imminent. joining us sort through all of
kim explain that. she works for the wall street journal. that s the big sticking point, taxes. i was surprised right after the election we will put more revenue on the table but we will do it by closing loopholes and eliminating deductions and the president said no, you have to raise tax rates on the wealthy. how do they resolve that in six weeks? it all depends on whether or not the president is willing to bend. there is reason for optimism here because for the first time we have a framework. for years democrats have been saying you have to give us some revenue and as you said right after the election boehner came out and said, okay, have some revenue. but the president has moved the goalpost and said it isn t just revenue, it has to be a certain kind. my liberal base wait, wait. he did mention this once or twice during the campaign. but the question is are you going to stick on what you campaigned on or are you going to find a compromise? the reality is if you are
we re very happy you re with us this morning. it s 5:00 in the east. breaking news in france. police have a home surrounded. they say an al qaeda suspect wanted for committing that jewish school massacre is inside. france also says two officers were wounded in a shootout there overnight. we ll take you live to that scene? just a few moments now. and a big night for mitt romney after a decisive 1 -point win, he s setting his sights on louisiana. romney has near ri half the delegates that he needs to secure the nomination. and shocking new ref layings in the shooting death of a florida teenager. the girlfriend of 17-year-old trayvon martin says she was on the phone with him just minutes before he was killed. an now lawmakers are calling his death a murder and a hate crime. in assessing the damage in mexico after a strong earthquake rattled the massive capital all the way to the resort city of acapulco. hundreds of homes were damaged. at least 11 people are injured. luck
david arquette had the cha-cha. and i think at the bottom hope s now at the bottom a little bit, but then ricki and j.r. they were near the top. we ll see who gets booted. you know who wasn t in the audience? kim kardashian was not in the audience last night. and here s the reason why. i m sure you ve heard this news by now. i m going to talk about this for a while because there s a lot to get to. buckling in. 72 days since they got married. kim officially filed for divorce yesterday, citing irreconcilable differences. apparently, the big sticking point was after the wedding hype settled down he wanted to move to minnesota. she didn t want to leave l.a., so now she s called it quits. she went on twitter to confirm it after first sending out her tweet about her new clothing store that s opening and then on top of that her mom s new book hits store shelves today. so obviously some are saying this is a big publicity stunt, the marriage was never real, it was prearranged. oth
we re just getting the information in. that means that the players vote will happen later today in more of a formal setting. training camp could start as early as wednesday now, we ve been told. david mattingly has been following this for us. he has been live out of atlanta every day, at least he was last week when those negotiations were taking place. david, did you just get word that something came forward just moments ago? reporter: reading and finding out now is that the nfl players and the owners did come to an agreement in the wee hours of the morning. and, bottom line, they re going to play some football. exactly what the owners were asking for last week when they came out of their meeting and had a 31-0 vote in favor of this agreement. and players still have to vote on this. it s largely looked at as a formality, that it is going to go through. and the fans will only miss, so far, one game this season. the first game of the preseason, which was going to be in canton