Live Breaking News & Updates on Go To Mcconnell Plan
Stay updated with breaking news from Go to mcconnell plan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Where is the leadership? or alternatively, how serious are you actually about debt and deficit reduction? or do you simply want it as a campaign ploy going in the next election? in terms of where we go next, here is the one thing we ve got to do. at minimum, we have to increase the debt ceiling. at minimum. i think we need to do more than that. as i said before, the republican leader mcconnell and the senate put forward a plan that said he is going to go and give me the responsibility to raise the debt ceiling. that way folks in congress can vote against it but it gets done. i am willing to take responsibility. that is my job. so if they want to give me the responseability to do it, i m happy to do it. but what we are not going to do is continue to play games and string this along for ....
I wonder if the president did get specific on entitlement reform, on his plan, if there is such a plan, doesn t it commit him to sharing it with the public after he said so, so publicly in a press conference? chris: charles, your reaction? well, a furious president obama. and what you wonder after watching that is what is left to talk about tomorrow morning at this meeting? chris: well, they have to find a way for the country not to go in default. exactly. but you wonder if the well hasn t been so poisoned by what what gonen in the last 24 hours that we don t know exactly what has gone on, whether we can get to solving the problem. for the first time in the whole process, i am beginning to doubt that we really will hit august 2 debt ceiling deadline. one of the unfortunate things about this press conference is that i understand he is trying to portray himself as the guy who wants to compromise and wants a balanced approach. he is the adult in the room. ....
To get any kind of deal done. the economy is already weakened. and the notion that five or six or eight months from now we will be in a better position to try to solve this problem makes no sense. in addition, if we can t come up with a serious plan for actual deficit and debt reduction, and all we re doing is extenting the debt ceiling for another six, seven, eight months, then the probability of downgrading, the u.s. credit are increased. that will be an additional clout for the economy. and make it more difficult for us and more difficult for businesses to create jobs that the american people so desperately need. so they will come down here at 11:00 tomorrow. i expect them to have an answer in terms of how they intend to get this thing done over the course of the next ....
Think if you want to be a leader, then you got to lead. thank you very much. chris: well, that was quite an appearance by the president. almost 35 minutes in the briefing room. an extraordinary appearance by the president. clearly frustrated. and lashing out at republicans. i think there were three main points. i m going to bring in wendell goler to talk about these. first of all, wendell, the president laid out what he thought was a reasonable plan, what he said was the plan to work out with the republican speaker of the house, john boehner. $1 trillion in cut and discretionary spending, including military spending. $650 billion in cut to entitlement he said would not hurt current recipients but cut to current entitlement spending, social security, medicare and medicaid. total of $1.65 trillion in ....
Show themselves up for extension for half a year, then we end up on the mcconnell plan and i m sure that everybody will agree upon it in the end. the president said explicitly he ll accept it. a way out, parachute and deferring everything until after election day and democratic in a sense. it pus the issue to the country, which way do you want to go? chris: we have to take another break and we re waiting for house speaker john boehner to come forward and give his response to the president pointed remarks today. back in a moment. [ male announcer ] this.is the network ....