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Transcripts For CNBC Squawk Box 20130521

good morning, everyone. welcome to squawk box here on cnbc. i m about becky quick along with joe kernen and andrew ross sorkin. our team of cnbc reporters is spread out across the country covering all of today s top stories. we will have more on jpmorgan and jamie dimon from tampa in just a moment. plus, we will get to two hearings there and find out what is on the agenda there today. but we start this morning with what is likely muck the deadliest tornados in u.s. history. this twister, a mile wide at the base, stayed on the ground for nearly an hour today as it ripped across the oklahoma suburb city of moore. emergency teams continued to search for survivors overnight through miles of debris. jane wells is on the ground and she joins us with the latest. hi, becky. i m at moore city hall where they re corralling the media and where they will brief us on the rescue efforts and recovery efforts. at least 20 children dead, more than 100 people injured in the hospital with w

Transcripts For KPIX CBS Morning News 20120516

clinch the gop nomination. meantime, a showdown is brewing over the economy and the federal budget. mr. obama will host a bipartisan meeting today to discuss his economic proposal. he plans to give them a to-do list, but house speaker john boehner made very clear yesterday what he won t do. susan mcginnis is in washington with more. good morning, susan. reporter: good morning. it looks like we are headed for a replay of what happened last year when the nation was headed toward a debt cliff. the battle lines were drawn yesterday during a deficit summit just ahead of a meeting with the president today. president obama will meet with the heads of both parties today to push for a series of bills he says will create jobs and build a stronger economy. that s why we make congress a handy to-do list, just like the kind i get from michelle. reporter: it includes eliminating tax breaks for companies that send jobs overseas, giving tax breaks to small businesses hiring u.s. work

Transcripts For WJZ CBS Morning News 20120516

the 144 delegates he needs to clinch the gop nomination. meantime, a showdown is brewing over the economy and the federal budget. mr. obama will host a bipartisan meeting today to discuss his economic proposal. he plans to give them a to-do list, but house speaker john boehner made very clear yesterday what he won t do. susan mcginnis is in washington with more. good morning, susan. reporter: good morning. it looks like we are headed for a replay of what happened last year when the nation was headed toward a debt cliff. the battle lines were drawn yesterday during a deficit summit just ahead of a meeting with the president today. president obama will meet with the heads of both parties today to push for a series of bills he says will create jobs and build a stronger economy. that s why we make congress a handy to-do list, just like the kind i get from michelle. reporter: it includes eliminating tax breaks for companies that send jobs overseas, giving tax breaks to sma

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