somewhere chairman mao is smiling. president obama went on record of his account of how last night s turbulent meeting ended. you ll recall house majority leader eric cantor said the president sharply warned him not to call his bluff said i ll see you tomorrow and walked out of the cabinet room. no. look. at the end of the meeting after we d already met for a couple of hours, what i said to the group was what i think the american people feel, which is we have a responsibility to do the right thing. we shouldn t be overly partisan. we shouldn t be posturing. we should solve problems. well, whichever account rings true to you, today s meeting was the first to deal largely with revenue. we got late insight in a moment from jessica yellin and dploer yeah borger. but keeping them honest tonight, there s in polling you should know about that may surprise you showing what americans really think about raising taxes to close the budget gap. here s what republicans have been sayi
averted. and the people s republic of china, red china, urging washington to raise the debt ceiling. somewhere chairman mao is smiling. president obama went on record with his account of how last night s turbulent meeting ended. you ll recall house majority leader cantor said the president told him not to call his bluff, said i ll see you tomorrow and walked out of the cabinet room. look, at the end of the meeting after we d already met for a couple of hours, what i said to the group was what i think the american people feel, which is we have a responsibility to do the right thing. we shouldn t be overly partisan. we shouldn t be posturing. we should solve problems. whichever account rings true to you, today s meeting was the first to deal with largely revenue. we got insight in a moment from gel ca yellin and gloria borger. there s new polling you should know about that mayed is prize you, showing what americans really think about raising taxes to close the budget gap.
night s turbulent meeting ended. you ll recall house majority leader cantor said the president told him not to call his bluff, said i ll see you tomorrow and walked out of the cabinet room. look, at the end of the meeting after we d already met for a couple of hours, what i said to the group was what i think the american people feel, which is we have a responsibility to do the right thing. we shouldn t be overly partisan. we shouldn t be posturing. we should solve problems. whichever account rings true to you, today s meeting was the first to deal with largely revenue. we got insight in a moment from gel ca yellin and gloria borger. there s new polling you should know about that mayed is prize you, showing what americans really think about raising taxes to close the budget gap. here s what republicans have been saying for a long time that americans think. right now this economy is ailing. and we don t believe, nor do i think the american people believe, that raising t
a democratic source telling it differently, saying the president challenged mr. cantor for what the source called talk out of both sides of his mouth . they ll be back at the table tomorrow. the stakes could not be higher. moody s today put america s credit rating on review hinting at a possible rating drop. ben bernanke says defaulting on the debt would be catastrophic. jessica yellin is at the white house with what her sources are telling her. what have you heard from these differing accounts? reporter: democratic sources say that bottom line is that the president was schooling the crowd in the room when eric cantor changed his position. all along eric cantor as you have said, the house majority leader, had endorsed doing a deal that did reduce the deficit and that had some of these various components we talked about. but when he supported the short-term deal which as you ve pointed out the president has made clear he opposes, the president sort of told the entire group
sitting here? i ve reached my limit. this may bring down my presidency but i will not yield on this. congressman cantor says he says don t call my bluff, i m going to the american people on this. finally cantor says he pushed back from the table and left. a democratic source telling it differently, saying the president challenged mr. cantor for what the source called talk out of both sides of his mouth . they ll be back at the table tomorrow. the stakes could not be higher. moody s today put america s credit rating on review hinting at a possible downgrade. ben bernanke says defaulting on the debt would be catastrophic. the chamber of commerce also sounded the alarm. jessica yellin is at the white house with what her sources are telling her. what have you heard from these differing accounts? reporter: democratic sources say that bottom line is that the president was schooling the crowd in the room when eric cantor changed his position. all along eric cantor as you have sai