way. in the end house speaker john boehner, he caved in and he gave in to political pressure but still he defends the stand that he took. we have fought the fight, the good fight, but i talked to enough members over the last 24 hours who believe that, hey, listen, we don t like this two-month extension. we don t like this reporting problem in the senate bill and if you can get this fixed, why not do the right thing for the american people even though it s not exactly what we want. it seems that everything we ve done this last year has been a knockdown dragout fight. there is no reason to do that. if there were a message received from this last thing we ve been through, i would hope especially i repeat the new members of the house will understand that legislation is the art of compromise. now the tax cut deal is a win for the president. he pushed back pretty hard against house republicans who opposed the short-term extension. white house did issue a statement saying, i q
a quick handshake, good luck, as you would say, be strong. it s a very important night, a consequential night for the country. let s show you that live picture inside the haul. eight republicans for president engaging in this debate. in recent days, a crackling debate about the 2012 presidential campaign. not only, and you ll hear it all night long, taking aim at president obama and his agenda, but we have playing out a fierce and an increasingly intense battle for the leadership, the heart and soul, the policy agenda and the philosophical approach of the republican party. watch these eight candidates tonight. we know the texas governor rick perry has emerged quickly as the front-runner. the massachusetts governor, the former governor of massachusetts, mitt romney, his lead challenger, number two. and then there s a break between the other candidates. if there is one other candidate who perhaps has the most to prove tonight, it is the minnesota congresswoman, michele bachmann
ceiling averting a potential default on the united states financial obligations. it s just been amazing to watch and see the president come out on a sunday night like this, wolf. we ll have complete coverage on every single angle of this story, what s in the deal, lou it finally came about and how all the various players in this debate are reacting tonight. several asian markets already opened, others will be opening soon. we ll take you there live to see how the traders are reacting to this. it s been an amazing day, don. i must say. earlier today the senate democratic leader harry reid signed off on the deal with his final approval dependent on the support of fellow senate democrats. just a little while later nancy pelosi, the democratic leader in the house of representatives, said she would take the deal to her caucus tomorrow. but that she wanted to see the final product before committing her support. we want to say again, cnn is devoting all of its resources to
says a tentative agreement is in place to raise the nation s debt ceiling averting a potential default on the united states financial obligations. it s just been amazing to watch and see the president come out on a sunday night like this, wolf. we ll have complete coverage on every single angle of this story, what s in the deal, lou it finally came about and how all the various players in this debate are reacting tonight. several asian markets already opened, others will be opening soon. we ll take you there live to see how the traders are reacting to this. it s been an amazing day, don. i must say. earlier today the senate democratic leader harry reid signed off on the deal with his final approval dependent on the support of fellow senate democrats. just a little while later nancy pelosi, the democratic leader in the house of representatives, said she would take the deal to her caucus tomorrow. but that she wanted to see the final product before committing her support
what is in the deal, how it came about, and how all the players in the debate are reacting tonight. several asian markets will have opened and others opening soon. we will take you there live. it has been amazing day, don. earlier today, the senate democratic leader signed off on the deal. depending on fellow democrats. nancy pelosi said she would take the deal to her caucus tomorrow, but wanted to see the final product before committing her support. cnn has been devoted to this breaking news story it is important to us and the world. many, many more adtwo hours in a special report here on cnn wolf. listen to what the president of the united states said. there are still important votes to be taken by members of congress. the leaders of both parties in both chambers have reached an agreement that will reduce the deficit and avoid default. a default that would have had a devastating effect on our economy. this will cut $1 trillion in spending over ten year, cuts that