what you have here, you just need people who are willing to put the country ahead of their reelections. you need people to think in the best interest of the country. is the president doing that? i don t think either party is doing that right now. i don t think what the president announced in terms of a deficit reduction bill is doing that because it s something he knows is not going to pass. it was a bid to get reelected in 2012. and if you really want to address america s deficit, you want to address energy, immigration, you ll have to make the compromises that both sides in the middle can meet on. and nobody s doing that. it s always hyperbole to say this is a critical election. we are facing the prospect of a second recession. i mean, the very real prospect for a second recession and if europe goes belly up, the bets are off anyway because it s something the white house realizes they can t do.
spending cuts, much of it from medicare and medicaid but also the 1.5 trillion in tax revenue, more than 1 trillion in war savings as operations in iraq and afghanistan draw down and interest savings amounting to more than $400 billion. texas governor rick perry may be asked more about this on the campaign trail. census data shows more than 18% of texans live below the poverty line. that s 3 points higher than the national average. the state also has the highest share of people without health insurance. and it s tied with mississippi for the highest percentage of minimum wage workers. perry s office says the governor is focused on creating jobs so people can take care of themselves. 40% of the jobs added in the united states over the past two years were in texas but many of them pay minimum wage. in other news this morning, there is a murder mystery at an air force base in arizona. a husband and wife found stabbed to death at luke air force base outside phoenix. they were i
we re talking about on wealthy americans. some of the taxes we have talked about before, limiting those itemized deductions that the wealthy take. closing loopholes on hedge fund managers, oil and gas companies, corporate jet owners and also letting the bush era tax cuts for the wealthiest americans expire when they are set to. also a little more than $1 trillion in war savings. of course, we do know that the wars in afghanistan and iraq are already going to be winding down. and that s something that republicans are hitting on. and frequently both sides have used this when they do their math. and then also interest savings, kiera. $430 billion there the white house says, and that s because if you don t owe the money, you don t have to pay interest on it so the money would be saved there. all right. bre brianna keilar at the white house watching that for us. christine romans, let s break it down and talk specifically about which americans will pay for these cuts. well, let
next up, how to avoid a crisis in an interview. yesterday, speaker john boehner gave a glimpse of some of the insider moments of his job. perhaps most interesting was boehner s strategy for getting some stray house republican freshmen to change their minds on that deficit reduction bill. let s listen. there were a couple of freshman who, a couple of young whippersnappers who seemed to have all the answers, so i brought them to my office and closed the door and i know these two pretty well and i looked a at them and i said, boys, that door s not going to open until you say yes. it s going to be 30 seconds, 30 minutes, doesn t matter, could be three hours. i said, i ve got a week and a half s worth of cigarettes in that chest over there, so it still took about 45 minutes. wow. well, tip o neill s version of that little effort was to hold a meeting in his office, light up his big cigar, let the heat rise and the air grow thicker.
of moving toward it. big difference. yesterday, john boehner gave a glimpse at his job. it was getting strayhouse republican freshmen to change their minds on the deficit reduction bill. let s listen. there were a couple of freshmen, a couple young whipper snappers who seemed to have all the answers. i brought them in my office and closed the door. i know them pretty well. i looked at them and said boys, that door s not going to open until you say yes. it could be 30 seconds, 30 minutes, doesn t matter. it could be three hours. i have a week and a half s worth of cigarettes in that chest over there. it still took about 45 minutes. his version was open up the office, let the heat rise and air grow thicker.