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To do about the debt limit. for the latest, we go to tracie potts in washington for us. good morning. reporter: lynn, good morning. just a glimmer of hope this morning from the so-called gang of six. three democrats and republicans who have been working together on a compromise. the plan on the table would cut $4 trillion from the deficit, lower taxes, but also bring in a trillion dollars in new revenues by closing tax loopholes. both sides seem to like it at least as a first step. president obama calling this a very significant step in line with what he s been working on at the white house. republicans saying it has good elements. they want to take a very close look at this. that after republicans yesterday in the house passed their cap, cut and balance plan. it s pot expected to pass the senate as it moves forward today. president obama has already said he will not sign that $6 trillion plan. but there s still significant opposition here on capitol hill, ....
And some u.s. lawmakers want their own hearing on capitol hill. stephanie gosk, nbc news, london. lawmakers finally appear to be making bipartisan progress in those ongoing divide over what to do about the debt limit. for the latest, we go to tracie potts in washington for us. good morning. reporter: lynn, good morning. just a glimmer of hope this morning from the so-called gang of six. three democrats and republicans who have been working together on a compromise. the plan on the table would cut $4 trillion from the deficit, lower taxes, but also bring in a trillion dollars in new revenues by closing tax loopholes. both sides seem to like it at least as a first step. president obama calling this a very significant step in line with what he s been working on at the white house. republicans saying it has good elements. they want to take a very close look at this. that after republicans yesterday ....
We continue to get more details how bin laden was ultimately taken down. we go to nbc s tracie potts in washington for us. good morning. reporter: good morning. let s start with that photo. the president says that releasing the graphic photo of bin laden s death and video of his burial could insight radicals who have already vowed retaliation against the united states. so, for now, they will not be publicly released. reaction on chiapitol hill is mixed. a fake photo is already going around. some here say republicans and democrats, that the dna evidence and what they heard privately from the cia is enough. but others say that the u.s. and those in the middle east need to see these photos. now, as for the raid itself, the white house now says three out of four of those who were killed were unarmed and that this was lawful because of bin laden s ....
Taxes are counterproductive. reporter: rare agreement in an election where both sides are trying to distance themselves from what they say hasn t worked in washington. with president obama s approval rating low, former president bill clinton is also hitting the campaign trail in some of these tight races. thomas? reporter: tracie potts in washington, thank you. last night on the last word with lawrence o donnell ron paul of texas was asked his thoughts about abolishing the social security program. it s going to abolish itself when we go bankrupt and the money fails. we are on the verge of a dollar crisis. the checks won t buy anything. the medical care in this country is going down. so, what i want to do is, at least in a temporary way, preserve what we have and not hurt these people. listen once again, the only way ....