money expert dave ramsey and cory booker. america in the balance. this is piers morgan tonight. good evening. if someone doesn t do something in 19 days and three hours, this country will technically run out of money simply put, the government won t be able to borrow any more cash if congress and the white house can t figure out a way to raise the debt ceiling currently stands a mouth watering 14.3 $14.3 trillion. the situation is so dire, moody s, the bond rating service says it s putting america s gold rated aaa status under ve view and could be headed for an unprecedented default. massachusetts governor says it s the republicans to blame. why do you say that? you guys are in the white house, aren t you? thank you for having me. this is a time we need a lot less politics and a lot more patriotism. what the president has done is put on the table a very balanced approach. it favors and is overwhelmingly weighted in favor of cuts, some to programs that democrats have champ
the republicans want it and need it to vindicate what they promised to the electorate that they would o do and for president obama this would be a huge plus and here is why. he doesn t have any new economic program he can interdeuce now and have any hope of getting passed. one of the issues that hurt him and his party badly in the mid term this was enormous accumulating debt and these deficits. if he is able to work out with republicans a deal in which a significant inroad is made on the deficits and debt that will be a feather in his cap with voters that he must have next year. that is the independents who desserted him and his party in 200. it will be one more thing as well. it will be a bipartisan deal. independent voters love bipartisan achievements it would be a feghter i feas
the republicans want it and need it to vindicate what they promised to the electorate that they would o do and for president obama this would be a huge plus and here is why. he doesn t have any new economic program he can interdeuce now and have any hope of getting passed. one of the issues that hurt him and his party badly in the mid term this was enormous accumulating debt and these deficits. if he is able to work out with republicans a deal in which a significant inroad is made on the deficits and debt that will be a feather in his cap with voters that he must have next year. that is the independents who desserted him and his party in 200. it will be one more thing as well. it will be a bipartisan deal. independent voters love bipartisan achievements it would be a feghter i feas
the republicans want it and need it to vindicate what they promised to the electorate that they would o do and for president obama this would be a huge plus and here is why. he doesn t have any new economic program he can interdeuce now and have any hope of getting passed. one of the issues that hurt him and his party badly in the mid term this was enormous accumulating debt and these deficits. if he is able to work out with republicans a deal in which a significant inroad is made on the deficits and debt that will be a feather in his cap with voters that he must have next year. that is the independents who desserted him and his party in 200. it will be one more thing as well. it will be a bipartisan deal. independent voters love bipartisan achievements it would be a feghter i feas
time, but, what is your take on what the president is going to try to accomplish tomorrow in there are a bunch of different audiences for this speech. juan: right. well, the first thing, and this is interesting, to say that he is pro democracy. in a way that he is going to now become more aggressive because if there is anything that marked u.s. policy it has been that it has been halting. some places we support the spring uprising and some places we don t, and it is in the clear why. and, i think, tomorrow he will make it clear and second, he tries to regain momentum in terms of the israeli-palestinian talks with george mitchell, the middle east peace envoy quitting last week it looks like we are nowhere and he needs to somehow make an inroad. he says the key is to resolve what is going on between israel and the palestinians and, now, he better do it because this has been an absolute failure. shepard: it is starting to