the sudden loss of pasture became a serious problem for a family business. faced with horses that needed feeding and a texas drought that sent hay prices soaring, the owners had to act fast. thankfully, mary miller banks with chase for business. and with greater financial clarity and a relationship built for the unexpected, she could control her cash flow, and keep the ranch running. chase for business. so you can own it. one day after donald trump unveiled his tax reform plan today tax experts weighing in saying the plan as written adds trillions to the federal deficit. the conservative tax foundation estimates $12 trillion, that is 3 time it is size of rival plans from jeb bush and marco rubio. on the today show he was asked about concerns his plan cost too much and referred with it of a
after he thaws out. quite a story. president obama and house speaker john boehner facing off in primetime last night to make the case for their party s plans for a debt deal before next monday s deadline. what happens now? well, there are two competing proposals in the senate and the house as well. nothing from the white house. joining us from washington, rich edson of the fox business network. rich, do these two plans match at all in any way? they do in some areas but senate leaders say the house plan won t fly. house leaders say the senate plan won t fly. rival plans, primetime addresses and nearing deadlines, the federal government is getting awfully close to that treasury august 2nd debt ceiling deadline. still with no guaranteed path to cutting deficits and increasing the nation s borrowing limit. lawmakers are pushing two plans. only one will do it. speaker barack obama or president barack obama and house speaker john boehner are still arguing over fundamental differences
jenna: apparently a lot of activity on capitol hill. the question is are we moving to closer to solving the debt crisis or maybe even further away. it s a toss up now. hi shall everybody, i m jenna leave. we are glad you are with us. jon: let s take bets on that one. the deadline to avoid national default seven days away now. the president is calling for compromise but with two rival plans in place on capitol hill, neither side seems to be blinking. bret baier anchors special report. it s been about 15 hours since the president made that speech, has anything changed? reporter: a lot has changed as far as what is going on on capitol hill. a lot of scurrying about. has anything substantively changed about the two different
said they ve had more calls over the past week or so. not a significant increase, since the president suggested that the american people weigh in on this debate. as we look at the debate, there are two rival plans on capital i had. harry reid selling his plan in the senate and and house speaker boehner selling his plan in the house. different plans. but the bottom line is, senator reid came out and the speaker s plan. speaker boehner s plan is not a compromise. it was written for the tea party, not the american people. democrats will not vote for it. democrats will not vote for it. democrats will not vote for it. it is dead on arrival in the senate. reporter: did you get that neil, democrats will not vote for it, according to harry reid. we ve had a veto threat from the white house. the bottom line is, the clock is ticking s that august 2nd, deadline.
speaker boehner s office, they said they ve had more calls over the past week or so. not a significant increase, since the president suggested that the american people weigh in on this debate. as we look at the debate, there are two rival plans on capital i had. harry reid selling his plan in the senate and and house speaker boehner selling his plan in the house. different plans. but the bottom line is, senator reid came out and the speaker s plan. speaker boehner s plan is not a compromise. it was written for the tea party, not the american people. democrats will not vote for it. democrats will not vote for it. democrats will not vote for it. it is dead on arrival in the senate. reporter: did you get that neil, democrats will not vote for it, according to harry reid. we ve had a veto threat from the white house. the bottom line is, the clock is ticking s that august 2nd,