bill. here is why it matters. you have a 50/50 senate where every vote counts. without manchin on board, you have a problem. you can t pass this democratic-only bill through the senate. meanwhile you have house spoker nancy pelosi say we re going to stick to our guns werks had a plan, this is a number we think is the right number. it s still early in the process. she has moderates on the front lines in her own caucus that he ll have to satisfy. she also made news this morning talking about about big sticking point, the debt ceiling. democrats need to do something to raise the debt ceiling. they re hoping republicans will help them. pelosi said they re not going to include that in the big reconciliation bill. instead she said republicans have to get on board to help pass this and get the 60 votes needed. as republicans did how many times when donald trump was president? let s see if everyone sticks true to form on this one. lauren, appreciate it. coming up for us, two major
Transcripts for CNN Early Start with Christine Romans and Dave Briggs 20191206 10:31:15
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house spoker john boehner needs to decide whether he wants to be remembered as an effective leader or a befuddled hack. so far i m afraid it s the latter. boehner s performance last week was aer isry of comic prattfalls culminating friday in a stinging rebuke from the house republicans he leads. by any standard the whole situation is beyond ridiculous. the government of the world s leading military and economic power cannot be funded on a week-to-week basis. there s no earthly excuse for this sorry spectacle and no one to blame but boehner. there were people, gene as you know talking the other day after we couldn t get a real vote on extending dhs funding, asking whether he should keep his job. uh-huh yeah. well look if you or i were john boehner we would be asking if we wanted to keep that job, right, because you do have to deal with a fractious majority. he s not the first speaker of the house to have to deal with rebellious members who want to do something other than what
taxes for small business owners. and incentivize corporations to bring their revenue. repatriate their revenue. pay taxes. more so than many are now. lower that corporate tax rate. and make investments in manufacturing. make things in america. investing in our infrastructure. and creating jobs. that s common sense as you know i think everybody should be able to embrace. the president s plan was sort of met with a thud by republicans. i want to read you what house spoker john boehner s spokesperson had to say. he said, quote, this grand bargain allows president obama to support president obama s position on taxes and president obama s position on spending, while leaving small businesses and american families behind. that s from michael steel. so my question, is this a serious plan, something that can actually get through congress and the house? because at this point it doesn t seem as though it can. it s a serious plan if you re a member of congress who
marketsite. american morning starts right now. no vote on the debt plan again. i m christine romans. as the u.s. economy lurches closer to a financial crisis, the political crisis continues. house speaker john boehner calls off a vote, unable to convince hardline conservatives in his party to sign on to his plan. i m kiran chetry. more than 90% of texas is now in extreme drought. the state could sure use a lot of rain and now tropical storm don is expected to make landfall along the southern coast today. and it s happened again, a muslim-american soldier in police custody for allegedly plotting to kill fellow soldiers at ft. hood. a live report from texas on this american morning. good morning. it is friday, july 29th. this is american morning. a lot going on to get you caught up today. it s interesting there s a report from credit suisse that says if the u.s. were to default, u.s. stocks would fall 30% over six months to a year showing you just how serious this
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