a number some believe is handicapping america when it comes to addressing our trade deficit with china. it exports far more to america than we sell to china. wendell goler following this story live from the white house today. wendell? reporter: this is really a get acquainted session between president obama and the vice president, on course to become china s president a little more than a year from now. it does come from a time of rising tensions. china s increased military spending. china and russia, of course, just vetoed a u.n. security council resolution on syria that really enabled as saturday to continue his assad to continue his crackdown. and, of course, china remains one of rapp s biggest iran s biggest customers. president obama stuck to positive themes, he said u.s./chinese cooperation kept the recession from being worse than it has been. he didn t mention his state of the union warning of a new crackdown on chinese trade practices, but vice president biden i
washington is also now in debt to beijing for over $1 trillion, a number some believe is handicapping america when it comes to addressing our trade deficit with china. it exports far more to america than we sell to china. wendell goler following this story live from the white house today. wendell? reporter: this is really a get acquainted session between president obama and the vice president, on course to become china s president a little more than a year from now. it does come from a time of rising tensions. china s increased military spending. china and russia, of course, just vetoed a u.n. security council resolution on syria that really enabled as saturday to continue his assad to continue his crackdown. and, of course, china remains one of rapp s biggest iran s biggest customers. president obama stuck to positive themes, he said u.s./chinese cooperation kept the recession from being worse than it has been. he didn t mention his state of the union warning of a new
$40, he wrote, means a heck of a lot. it means a heck of a lot. and that s what this debate is all about. this is what s at stake for millions of americans. this is why it matters to people. it matters a heck of a lot. and i m asking the american people to keep their stories coming. tell us what $40 means to you. if you tweet it, use the hash tag $40. call, tweet, write your congressman, write your senators, tell them, do not let up until this thing gets done, don t let taxes go up on 160 million working americans, don t let millions of americans who are out there looking for work right now and the economy is starting to improve but they don t have a job yet, don t leave them without a lifeline in items of cutting off their unemployment insurance. when a plane is finally lifting up off the ground you don t ease up on the throttle, the keep the throttle on full, you keep going, and our plane is up there, but we re not at cruising altitude yet. [laughter] after all, extending