American Morning
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.
Rep. Paul Ryan on budget, debt talks: 'We are entering the mature phase of this'
Some new movement this morning in the battle over cutting the nation's debt and raising the debt ceiling.
CNN is learning that President Obama wants $3 to $4 trillion dollars in budget cuts over the next decade. It's a move that would force Democrats to accept major changes to Medicare and Social Security.
Earlier on American Morning, we spoke with Rep. Chris Van Hollen. Also this morning, Christine Romans speaks with Rep. Paul Ryan and asked him what it would take to get Republicans to agree to a deal to raise the debt ceiling.
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.
Senator Jim DeMint: Debt negotiations a 'matter of national survival'
Senator Jim DeMint, widely considered one of the Tea Party's leaders, is in New York this week promoting his new book, "The Great American Awakening: Two years that Changed America, Washington, and Me."
The book discusses the rise of the Tea Party movement in the United States and offers the Senator's take on what has become of the country since the 2008 elections.
Senator DeMint joins Christine Romans this morning to discuss his book, the 2012 GOP race and Washington's debate over the debt ceiling.
Santorum: President 'has blown the door off Washington spending'
Republican candidates for President were a common sight at 4th of July parades yesterday. Among them, Rick Santorum, 2012 GOP Presidential candidate and former Pennsylvania senator, who marched in three parades in Iowa.
Kicking off a major push in the key presidential state, Santorum is launching a five-day, 10-city jobs tour today called "Courage to Fight for American Jobs."
This morning on American Morning, Santorum joins Ali Velshi and Christine Romans to talk about his ideas for job growth, his socially conservative platforms, and his campaign for president.
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