American Morning
What will it take to get a debt ceiling deal done by August? Two strategists weigh in
President Obama is challenging Republican lawmakers on raising the nation's debt ceiling. Talks are expected to resume today and the President is insisting that he won't accept any short-term fix.
What will it take for Democrats and Republicans to come together on a debt ceiling deal?
This morning on American Morning, former White House communications director under President Bush, Nicolle Wallace and CNN political contributor James Carville discuss the possible concessions that need to be made for both sides to come to an agreemnet.
Political panel: What is the status of the White House budget negotiations?
Congressional leaders will return to the White House today for further negotiations after Republicans and Democrats were unable to reach an agreement this weekend on a deficit-reduction deal that will pave the way for a hike in the nation's $14.3 trillion debt ceiling.
At 11 a.m. today, President Barack Obama is scheduled to hold a press conference in the White House briefing room about the status of the negotiations.
Susan Molinari, former Congresswoman and Republican analyst, and Jennifer Palmieri, former White House Deputy Press Secretary, join Kiran Chetry this morning to discuss the concessions each side seems willing to make to advance budget talks and to weigh in on if a deal could be reached by next week.
Rep. Tom Price: 'No tax increase ever created a job'
After a 75-minute negotiation session yesterday, congressional leaders are set to meet again today to attempt to come to a deal on deficit-reduction.
Republicans have been pushing for a combination of drastically reduced spending and no tax hikes before they agree to raise the nation's debt ceiling.
Obama has responded to their requests by saying that he backs an ambitious plan to reach $4 trillion, mostly through cuts but also with revenue increases.
Representative Tom Price (R-Ga), member of the House Ways & Means Committee, joins Ali Velshi today to talk about the status of the negotiations and where the GOP stands on various compromises proposed by the Democrats.
Rep. Steve Israel: 'No one is talking about cutting entitlements'
House Speaker John Boehner said this weekend that he cannot sign on to a $4 trillion debt-reduction package because the White House continues to insist the package include some tax increases.
Despite this, the White House has said that it will continue to push for the biggest deal possible, although a meeting last night between President Obama and congressional leaders adjourned without any signs of progress.
Representative Steve Israel (D-NY) joins Kiran Chetry this morning to talk about where the Democrats stand on potential cuts to entitlement programs and to weigh in on the status of the budget negotiations.
Van Hollen: Democrats not going to support a budget on the backs of Social Security beneficiaries
Representative Chris Van Hollen (D-Md.), ranking member of the House Budget Committee, said on Tuesday that senior House Republican Eric Cantor's offer to scale back on tax breaks did not "break new ground," casting doubt on the idea that the budget negotiations are progressing.
Nevertheless, Democratic and Republican Congressional leaders are set to meet with President Obama today at the White House to continue talks to raise the nation’s debt limit and reduce the deficit.
Representative Hollen joins Ali Velshi today on American Morning to discuss the negotiations and what concessions he is willing to make to the Republicans in order to reach a deal by August second.
Who is to blame for the current stalemate in debt ceiling negotiations?
President Obama spoke about the budget negotiations yesterday, saying that he is against any short-term deals. He has invited the congressional leadership to the White House tomorrow to start hashing out a deal, putting new pressure on lawmakers to raise the debt ceiling.
David Frum, editor of FrumForum.com and Megan McArdle, business and economics editor for The Atlantic join Ali Velshi on American Morning today to talk about who is to blame for the stalled budget negotiations and to weigh in on whether or not the parties will be able to come together to make a deal.
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