think another package will pass and seen a few failed votes in the senate. what can you tell them about the prospects of legislation and when will it be brought up an do you see the house enacting unemployment insurance in the near future? we will keep bringing it up. i think it has a chance but not that large a chance but still has a chance. the reason is this. the big tectonic plates are moving. the number one issue sh creating good jobs and raising incomes of the middle class and the people who are in the lower 70%, 80% of america. deficit reduction doesn t have the power that it had before. in part, because we have made progress. the next five years, the ratio of deficit of gdp will decline, it s cut in half from what it was at its peak, a lot of which was caused by the recession. i think issues like unemployment insurance, like minimum wage, are going to gant currency in
$600 billion in new deficit reduction. now, in addition, i love it when the white house talks about the $2.5 trillion in deficit reduction so far. that ignores the $831 billion in new stimulus spending, the 24% increase in discretionary domestic spending in its first two years which about $555 billion in additional spending on the baseline. $1 trillion in obama care. $200 billion in the payroll tax holiday. and then several multiple unit unemployment insurance extensions. so the 1.8 should be the $2.5 trillion in deficit so-called deficit reduction doesn t take into account that it was more than wiped out by the additional spending the president put into the budget. that s the why we need to see numbers and when he puts out the numbers on wednesday, to see what the baseline of the budget looks like. if we had current policy, we would have about $47 trillion in spending over the next over the next 10 years. the senate democrat budget is $45 trillion in
now. reporter: now, you mentioned the reaction, the fact that the president said we ve got some pretty good leads into who did this whether it s al-qaeda or some other terrorist group. frustration from the republican said they ve already been attacking the president about this for a long time, but now saying after four months we just have good leads and doesn t appear we ve made progress in terms. criminal investigation into who killed these four americans here. harris: i know the timing of this getting answers has been so delayed. critics are not happy and it sounds like republicans are not satisfied with the actual answers themselves? they re not. let s also remember when the state department put out a report, the accountability review board, about what went wrong in benghazi, there were initial reports suggesting that some state department officials have resigned, we ve since heard they weren t resigned, they
entire burden of deficit reduction doesn t fall on the seniors who are relying on medicare. reporter: now, republicans are expressing frustration by saying, look, the president is trying it it put the blame on them for the potential for going off the cliff, but when senator mitch mcconnell started coming into the negotiations, mcconnell says it s the first time he s got a call from the president or senator reid or any of the top democrats to talk about the fiscal cliff in about a month and they feel like the president has not gone the extra mile, harris. harris: the vice-president getting the call to get involved today. what do they make of all of that? that could be a big deal because it shows on the white house pushback to the republican charge the president hasn t done enough. they re going to say, look, he s been pulling out the stops including bringing in the vice-president who had been in delaware this weekend, came to the white house here today. working the phones, we re n
weekend making it the film s third week on the. django came in at two. and les mis came in three. kate winslet s wedding gift is taking her to space. she has a ticket on one of the upcoming virgin atlantic space flights. now we know why she married ned rocknroll. hulk hogan s new restaurant is set to open up tonight in florida. the new eatery will be jimmie buffet s margaretaville meet hooter s times ten. he did say that. he wants to turn the restaurant into a reality show and that, of course, is no surprise. now for another look at the weather. here s nbc meteorologist bill karins. i guess he ll put cameras all over the restaurant. it sounds like trouble. doesn t it or really, really