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Transcripts For CNNW John King USA 20110720

put forward by a bipartisan senate group named the gang of six. most liberals don t like the gang of six approach because it would make cuts to social security and medicare. we are an anti-gang group. we are we re trying to suppress the growth of gangs. we think that it is not healthy for washington. most conservatives complain it doesn t cut spending enough and raises taxes too much. the gang of six is a five pages of sort of talking points. it s not an actual plan. but the president sees it as a framework for a potential potential breakthrough and perhaps because they like the other fallback options even less, the house republican leadership says it s at least worth talking about. let s begin with what happened tonight behind closed doors and how the new senate plan is changing the discussion. our chief white house correspondent jessica yellin and kate bald win are live at their posts and chrystia freeland, and the meeting with the republicans which is the m

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