American Morning
Hoyer, Cantor, Sessions outline hopes for Obama's debt-cutting plan
(CNN) - President Barack Obama enters politically tricky territory Wednesday when he outlines his plan for reducing long-term deficits and the national debt amid a climate of tense budget negotiations. Obama's speech at George Washington University will follow White House talks in the morning with congressional leaders who are staking out positions on upcoming issues, including approval of last week's budget deal for the rest of the current fiscal year, increasing the federal debt ceiling and crafting a budget for fiscal year 2012.
Ahead of today's speech, lawmakers from both sides weigh in on American Morning. Kiran Chetry and Christine Romans talk to Democratic Minority Whip Rep. Steny Hoyer, Republican House Majority Leader Eric Cantor and Alabama Republican Sen. Jeff Sessions, a ranking member of the Senate Budget Committee.
Watch all of the interviews below:
Gordon Brown on banking system: 'You have to go global'
Kiran Chetry sits down with former British prime minister Gordon Brown, who helped find a global solution to the banking collapse in 2008. He talks about what he learned coming out of the crisis and why his outlook is now: “go global.”
Chetry also asks Brown what he thinks is financial security’s biggest threat today and his thoughts on the recent Arab uprisings and revolutions. Watch Kiran’s first sitdown with Brown here, and stay tuned for more with Brown tomorrow.
Fortune Magazine's Shawn Tully: U.S. headed for a real estate recovery
In Fortune Magazine's new cover article, "The Return of Real Estate", Shawn Tully argues the downtown in new construction and housing prices is preparing the U.S. for a real estate recovery.
Tully talks to American Morning about "The Return of Real Estate".
Gas prices: How high will they climb?
Peter Beutel is an Oil Industry Analyst who correctly predicted the recent spike in gas prices.
Will international events affect gas prices at home in the U.S.? Beutel tells Christine Romans what he predicts for oil in the coming months.
Wis. Republicans vote, pass Budget Repair Bill without Democrats
Wisconsin's State Senate Republicans passed a bill that would strip public workers of most of their collective bargaining rights Wednesday.
The Wisconsin Republicans found a way to pass the bill without Democrats present–most are out of state in opposition to the bill– by removing certain parts of the bill that would have required a quorum. Democrats are calling the move a violation of law but the bill will go to the Assembly Thursday where it will likely pass.
State Senator Jon Erpenbach (D) talks to American Morning's Kiran Chetry from Chicago about Wednesday's vote.
Rep. Paul Ryan: Two failed budget bills in Senate show progress
Neither the Democrats nor the Republicans in the Senate were able to pass budget bills Wednesday. The bills functioned as tests to see where each party stood on government spending.
Rep. Paul Ryan (R-WI), Chair of the House Budget Committee, talks to T.J. Holmes and says he believes the bills represent progress in Congress.
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