He has held for a long time now as you know. aides say the president still refuses to consider a deficit cutting plan that doesn t include some increased tax revenue. and speaker boehner still refuses to consider higher taxes. while mr. obama has melt separately with democrats and republicans in recent days, it s been a week since they all met together. bret? bret: more on this with the panel. wendell, thank you. stocks were up today. the dow added 152. the s&p 500 gained 18. the nasdaq closed 20 ahead. while stocks were up today, america overall financial situation is mixed bad. peter barnes takes a panoramic view of the economy, one year after wall street reform. reporter: u.s. investors cheered europe new bail-out plan for greece. most of the european banks are not going to fail. it won t spill over. buzz about debt ceiling deal and good corporate earnings helped too. but the profits remain strong
Leader reid is angry that the house plans to be off this coming weekend. i think it is just untoward, that is the kindest word i can say to the house of representatives out this weekend. what a bad picture that shows the country. meanwhile, experts say house speaker boehner could attach a debt ceiling hike to legislation that has already passed the senate if the deficit talks collapse. but boehner says the ball is in the president s court. mr. obama spokesman suggests he is talking with several congressional leaders including boehner about several different deficit cutting plans. the president is in discussions with all the leaders of congress, as well as other members. exploring the possibility of getting the biggest deal possible, which is a position he has held for a long time now as you know. aides say the president still refuses to consider a deficit cutting plan that doesn t include some increased tax revenue. and speaker boehner still refuses to consider higher taxes. wh
In strange way his negotiating position was strengthened. he s got a deficit cutting plan and the republicans do. the only plan he s put in writing that they could score washings plus 3 trillion dollars in debt and deficits over the next decade. he s making the problem worse in what he proposed. do you think that speaker john boehner basically agrees that this is the exit strategy if it comes to this and can t say so publicly yet? he he may well, because again, he has so many of these members who are demanding that there be some giant, you know, again, the whole tea party crowd, they were going to go in there and they were going to force the president to do this. now, john boehner is not dumb. he knows that you can t run washington from one house of congress. and so, there s going to have to be a way out of this, but he has got to his big challenge has always
Position was strengthened. he s got a deficit cutting plan and the republicans do. the only plan he s put in writing that they could score washings plus 3 trillion dollars in debt and deficits over the next decade. he s making the problem worse in what he proposed. do you think that speaker john boehner basically agrees that this is the exit strategy if it comes to this and can t say so publicly yet? he he may well, because again, he has so many of these members who are demanding that there be some giant, you know, again, the whole tea party crowd, they were going to go in there and they were going to force the president to do this. now, john boehner is not dumb. he knows that you can t run washington from one house of congress. and so, there s going to have to be a way out of this, but he has got to his big challenge has always
Could see the flames nearby. conditions have changed dramatically. that said, this is probably a short-term fix. it may last only into early next week because the state is still in a severe drought like it hasn t seen in 50 years. that condition won t be eased by just a small amount of rain. so there s a lot of work to be done. we ve got firefighters from 34 states now in texas helping with this relief evident, and as you mentioned, this is not the only fire. they are spread throughout west texas, the panhandle, all over. it s going to be several weeks, perhaps months, before they resolve these wildfires. so everybody knows, hard to believe 1.4 million acres have burned in texas since january the 1st. it s just amazing. janet, great to see you. thanks so much. reporter: sure. so developing now, president obama is en route to reno, nevada, for his third town hall meeting in three days. he s on a tour to promote his deficit cutting plan. earlier today a protester