president obama on the number one issue facing the country today? that and much more ahead. first our top of the hour look at what you need to know right now. first that breaking news i just mentioned. cnn confirms that jonathan silver, the head of the energy department s controversial loan guarantee program is resigning tonight. dan, what do we know about the particular official and why is he leaving? reporter: well, that official who headed up that controversial program which committed some $38 billion to 40 clean energy projects across the country, he is leaving, cnn has learned, in order to become a fellow over at the think tank third way. but the timing of all of this certainly raising some questions, no doubt, in an effort to blunt some of those questions secretary chu put out a statement saying silver came to him in early july, pointed out he wanted to transition back to the private sector after september 30th and so the secretary explaining that that s what is beh
he ll lay it out thursday night to congress and the nation. democratic sources telling us tonight it calls for about $300 billion in tax breaks, incentives and other spending offset by equal amount of budget cuts. it s being described as a make or break moment for the president. we ll discuss it along with mitt romney s competing plan which he unveiled today. first jessica yellin. reporter: democratic sources in discussions with the white house confirm that $300 billion figure has been the working figure for the jobs package for at least a week now. it would mean as you say 300 billion in both spending and then cuts. the white house has said that this will be a revenue-neutral package. so that would mean that in addition to outlining the new spending, the president will also outline some cuts on thursday in his speech. but he would then put out a more detailed package later explaining more of those cuts when he makes his proposal to the deficit super committee. and i should
incentives and other spending offset by equal amount of budget cuts. it s being described as a make or break moment for the president. we ll discuss it along with mitt romney s competing plan which he unveiled today. first jessica yellin. reporter: democratic sources in discussions with the white house confirm that $300 billion figure has been the working figure for the jobs package for at least a week now. it would mean as you say 300 billion in both spending and then cuts. the white house has said that this will be a revenue-neutral package. so that would mean that in addition to outlining the new spending, the president will also outline some cuts on thursday in his speech. but he would then put out a more detailed package later explaining more of those cuts when he makes his proposal to the deficit super committee. and i should point out these numbers could change between now and thursday, anderson. just so i m clear, is that $300 billion in new spending and then an e
motes. 22 republicans voted against it and all of the democrats. just before the vote, speaker boehner blamed president obama at the talks aimed at a bipartisan deal. i stuck my neck out a mile and i put revenues on the table. in order to try to come to an agreement to avert us being where we are. but a lot of people in this town can never say yes. a lot of people can never say yes. this house has acted and it is time for the administration and time for our colleagues across the aisle, put something on the table. tell us where you are. here is the thing. the conservatives resulted in a bill that has no pass of passing and no chance of a cigsignature from a democratic president. it holds our economy captive to washington politics once again. in other words, it does not solve the problem and has no chance of becoming a law. here is why he rejects it. it would force spending cults immediately. but to get increase in the debt ceiling, the house and the senate would have t