American Morning
Sen. Durbin on budget: 'Let's sit down like grownups and get this resolved'
Illinois Senator Dick Durbin is scheduled to meet with President Obama today, and no doubt the topic of budget and debt ceiling talks will come up. With both sides unwilling to budget, is there any way lawmakers will come to an agreement before the Aug. 2nd debt ceiling deadline?
Sen. Durbin joins Christine Romans on American Morning today to discuss what it will take to make both sides come to an agreement.
Political headlines: Tapping the oil reserves and the status of budget talks
Political debate over the budget deficit and raising the debt ceiling are at an impasse today after House Majority Leader Eric Cantor announced yesterday that he was pulling out of the negotiations.
President Obama also announced Thursday that the US Department of Energy is releasing 30 million barrels of oil from the country's emergency reserves to address the disruption caused by the turmoil in Libya.
Kiki McLean, democratic strategist, and Tony Blankley, conservative columnist, join Christine Romans and Drew Griffin to discuss the implications of both of these issues on American Morning today.
Sen. DeMint: Budget debate 'deadly serious'
Today, a coalition of conservative lawmakers and groups will raise the stakes in what many call a dangerous game of chicken over the nation's debt ceiling. They'll sign a pledge opposing any bump in the government's spending limits unless three conditions – which include spending cuts – are met.
One of those lawmakers is Sen. Jim Demint from South Carolina, also a co-founder of the Senate Tea Party Caucus. On American Morning this morning, he explains why he's agreeing to this pledge, and why the budget debate is a 'deadly serious' one.
FL Tea Party chair explains why he thinks Ryan budget plan is a "public policy nightmare"
The Republican budget plan put forward by Wisconsin Congressman Paul Ryan takes a sharp knife to Medicare to help trip the deficit. Most Republicans and Tea Party members have embraced it, and those tho have criticized Ryan's Medicare plan - like Newt Gingrich - have been blasted by the right.
But the Chairman of South Florida's Tea Party is ready for that. He calls the Ryan plan a "public policy nightmare" that could lead to huge democratic wins in 2012.
This morning on American Morning, South Florida Tea Party Chairman Everett Wilkinson spoke with Carol Costello and explained why he thinks Ryan's plan is not right for the country.
How a government shutdown would affect Dems, GOP
Washington (CNN) - Spurred by a hastily arranged evening meeting between President Barack Obama and the top two congressional leaders, negotiators worked into Thursday to try to resolve remaining differences in a possible budget deal that would avert a government shutdown. If there is no deal by midnight Friday, when the current spending authorization measure expires, parts of the government will close down.
If the shutdown were to happen, how would it affect the public's perception of the Democrats, the GOP and the Tea Party? CNN contributor John Avlon joined American Morning hosts Ali Velshi, Kiran Chetry and Christine Romans to explain.
Van Hollen hopes 'cooler heads prevail' in budget demands
Earlier on American Morning, Texas Republican Rep. Jeb Hensarling told AM's Christine Romans that Senate Democrats have done little to help reach a budget deal for funding the federal government. "So far there's nothing in the Senate," Hensarling said. "The Democrats not only do they not have a bill, they don't have a plan. They've put nothing on the table."
Maryland Democrat Rep. Chris Van Hollen responds this morning with AM's Kiran Chetry. Van Hollen says it is the Republicans' unwillingness to move on their position, rather, that is holding back a deal. He says Tea Party Republicans are "fueling this drive toward a shutdown."
"I really hope that cooler heads will prevail," Van Hollen tells AM, "because if you go to a shutdown, it will create all sorts of problems around the country."
Watch Van Hollen's full interview with Kiran here:
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