American Morning
What possible plans are lawmakers negotiating to raise the debt ceiling?
Consultations will continue today about a possible deal that would raise the debt ceiling and cut $3 trillion from the federal deficit after word spread last night that a possible deal is being negotiated between President Barack Obama and House Speaker John Boehner.
Spokesmen for Obama and Boehner have denied that a deal is imminent and both lawmakers still have to sell the deal to members of their own parties.
Republicans generally have opposed any tax increases while Democrats have balked at proposals that would cut too deeply into entitlement program spending.
Ron Brownstein, CNN senior political analyst, joins American Morning today to discuss what possible plans are on the table and to weigh in on the status of the negotiations.
GOProud, gay conservative group, on why they want meet with Rep. Bachmann
GOProud, the only national organization representing gay conservatives and their allies, wants to meet with Congresswoman Michele Bachmann.
The group says Bachmann's campaign could benefit from the meeting, giving the presidential candidate hopeful a chance to clarify her stance on gay rights.
Today on American Morning, Ali Velshi talks to Chris Barron, co-founder and Board of Directors Chairman of GOProud, about his group's desire to speak with Congresswoman Bachmann and to discuss whether he thinks gay rights will be a hot topic during the upcoming presidential election.
Rep. Jim Jordan: 'We are not going to raise taxes'
With President Obama and GOP congressional leaders in a stalemate over a deficit-reduction plan necessary to raise the nation's debt ceiling, two of the "Big Three" global credit rating agencies–Moody's and Standard and Poor's–announced yesterday that they were considering downgrading the United States' credit rating.
Moody's cited the "rising possibility" that the U.S. debt limit will not be raised in time to avoid default.
Representative Jim Jordan (R-OH), president of the Republican Study Committee, talked with Ali Velshi on American Morning about the potential downgrade, Representative McConnell's proposed plan and why he is pushing for a balanced budget amendment.
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.
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