and from capitol hill bob corker and democratic congressman john larson. and can anyone get a laugh out of the debt crisis? nbc's brian williams can with david letterman. >> my role here has been to bum out your audience about debt crisis. >> good day i'm andrea mitchell live in washington. with the debt battle entering the final round we think just one week from the treasury's default date, house republican leaders are pushing for a vote on their plan tomorrow. democrats are waiting to see what happens before sending their proposal to the floor. either way the two sides are sharply divided and president obama may be out of the loop. jack lou is the white house budget director and joins me now from the sunny north lawn of the white house. not a sunny mood, though, today in the white house because we're still seeing such a deep divide. it's not even clear and that's a question of course for republicans if the speaker can get this out on the floor and get it passed. what private negotiations, re-assure us that there are some conversations going on between th

that's what senator bob corker says. teal auk to him about that and see what he thinks the end game is. that's next. >>> plus, chris christie moments after being released from the hospital from emergency asthma treatment brings you up once again how he's not running for president. wait until you hear it. >>> first a look ahead at the president's schedule. help announces new cafe standards today. some big change in the miles per gallon for u.s. automakers. a hyche change. of course, the focus is on the debt talks. >>> you're watching "the daily rundown" only on msnbc. ooo whatcha got there? uh oh, sesame stir fry from lucky dynasty. oh, me too! but mine's lean cuisine, so no preservatives. [ female announcer ] lean cuisine has 90 dishes with no preservatives and quality ingredients like farm-picked broccoli and tender white meat chicken. lean cuisine. energy is being produced to power our lives. while energy developement comes with some risk, north america's natural gas producers are committed to safely and responsibly pr

. >> what bob corker just said ought to be the beginning of our conversation at the white house. that's exactly the attitude we need on both sides. >> reporter: the president has summoned congressional leaders to the white house thursday and says everyone should leave their ultimatums at the door. >> this will require both parties to get out of our comfort zones and both parties to agree on real compromise. >>> but so far, both sides are sticking to their positions. republicans want any debt limit increase to include $2.4 trillion in spending cuts. democrats agree with some of those cuts but they also want to end some tax breaks for corporations and wealthy americans which the g.o.p. opposes. >> the white house has dismissed the idea of a short- term deal. one that would prevent the country from hitting the debt limit until next year. the president says he wants a long-term solution. >> i don't think the american people here -- sent us here to avoid tough problems. in fact, what drives them nuts about washington. >> reporter: lawmakers need to have an agreement by july 22nd in or

democratic senator jean sahean, and senator bob corker of tennessee. what they have to say. both will be joining us on the efforts to close the debt crisis. if you have any questions join us online at foxnews.com/"happening now." for the past few months the fed has been working closely with the treasury, working out what to do if it returns out of money to pay its bills. the fed, effectively the treasury's banker is working out procedures to let it know which checks to clear for payment and which checks to bounce. probably some tough, tough talks there, jon to try to make this decision. jon: i may have bounced a check or two in my day. jenna: by accident. jon: completely by accident. and i didn't get a whole lot of forgiveness from my bank. nice to have the fed behind you if you're the u.s. treasury. news american travelers want to hear, the tsa is out with new software to make us look a little less naked in those airport scanners. harris has the details for us. >> reporter: i think you put it best, jon, you put that really well. that's in fact what it

lisa murkowski of alaska, bob corker of tennessee, roy blunt of missouri, john thune of south dakota, scott brown of massachusetts. they're publicly out there. we do know privately a handful of others. so you see how this coalition is going to come together. the question is how big will it be in order to get it so you get a bipartisan vote on the -- out of the house there, lester? >> chuck todd at the white house, thanks. >>> now back to the economic data we got today. gross domestic product, the broadest measure of the economy rose just 1.3% this spring. that's weak. and below what economists had forecast. the really bad news came in the revised number for the first quarter of this year, 0.4%. the economy was basically flat lining. this didn't help matters on wall street today. the dow was down under 97 points. the nasdaq was down almost 10 points. the s&p 500 fell more than 8, capping the worst week for the markets in a year. cnbc's david faber joins me now. there is no way to sugar coat the numbers. is the bottom line was the recession deeper than any of us thought? >> the recessio

there are people publicly today that came out for cutting a deal john thune from south dakota, bob corker of tennessee, roy blunt of missouri, scott brown of massachusetts. i didn't even mention the main republicans who most people assume would be available for a potential crossover appeal. but i can tell you this right now, harry reid is dangling a lot of things to try to attract republicans. a few more cuts up front. a promise of a vote on a balanced budget amendment. not linking passage to the next round of cuts. making quote, the trigger stronger for the second round of deficit reduction. all this is about one thing that the white house cares about, getting rid of the second debt ceiling vote that would take place in six to nine months if john boehner and mitch mcconnell got the bill that they wanted. >> is the starting point for what's about to transpire in the senate that which just passed the house, prior to the vote here on "hardball" you said it was almost of no consequence, they could adopt the number from the bill and treat it as a blank slate. >> that's exactly right. there we

stimulus money they've got to open up plant which is which is really ironic since they're senator bob corker. against the stimulus targeted for the stimulus money for the plan all right but what about growing the system might some of these rates knowing that you know i mean isn't that why companies would go to a state like that as opposed to someone like it's right you know it's nonunion but the interesting thing is that why has already signaled its willingness to the united auto workers to have in for a new election happening so there's a lot of interest in talk to you is the only foreign auto maker in this country that doesn't screen out members that were previously union member so and germany has always had a probably or rights record and the last four to employ it was in america in greensburg pennsylvania this is in the eighty's my mother actually worked there was a union shop shovel too it was always when i would have you know shaft i was labor journalist michael gets the whole thing on line and as we've heard the u.s. is broke there's a scarcity of jobs but the department of defense ha

cleaning stimulus money so they don't open up which is which is really ironic since they're senator bob corker. advocate against the stimulus advocated for the sting this money that plan all right but what about right on so many that one of the right or even if you know you know that why companies would go to a state like that at the close to somewhere like detroit it's nonunion but the interesting thing is that volkswagen has already signaled its willingness to the united auto workers to little need for you know action happening so there's a lot of interesting talk those wagners the only foreign automaker in this country that doesn't screen out members that were previously union members so that's why going in germany has always had a pro labor rights record and the last bill to implant was in america in greensburg pennsylvania this was in the eighty's my mother actually worked there was a union shop for a volkswagen has always been able to have a union shop so i don't think that's a puke part of the equation not just looks like i mean there are other automakers open plants in right to work st

quitting stimulus money to open that plant which is which is really ironic since there senator bob corker who advocated against the stimulus advocated for the stimulus money for that plan all right but what about growing system i did some of these rates knowing that it's you know newer than that why companies would go to a state like that as opposed to someone like that's right yeah it's nonunion but the interesting thing is that has already signaled its willingness to the united auto workers to live in for you new election happening so there's a lot of interest in talk folks who are going to the only foreign auto maker in this country that doesn't screen out members that were previously union members so we're going to germany has always had a pro labor rights record and the last four to employ it was in america in greensburg pennsylvania this was in the eighty's my mother actually worked there was a union shop or a volkswagen has always been able to have a union shop so i don't think that's a huge part of the u.k. but it's not just books are going to mean there are other automakers that

in just the last hour or so, bob corker of tennessee insisting that a major deal is needed to save america's aaa credit rating, and he says that there is, in his mind, bipartisan, quote, rising up going on in the senate to get that done. listen. >> seems to me that all of us in this body should be pressing the leaders on both sides of the aisle to at least present a scoreable package that's scoreable and real in the area of $4 trillion, or depending on what you decided to do with that package, but if you voted for a package that was less than that, you'd be casting a vote to raise the debt ceiling, but at the same time probably cast our country into a situation where we're downgraded. martha: yeah. and that would be called a band-aid that would just move us down the road in the eyes of some. doug mcelway has the latest developments from capitol hill on all of this. hi, doug. >> reporter: hey, martha, how you doing? here's the latest on the boehner plan. a meeting broke up about an hour ago, and many of these formerly-recalcitrant republicans on the house side have come out of this meeting fe

i want to introduce bob corker. he has a real plan to cap spending at a level that is associated with the gross domestic product. that is the kind of legislation we ought to be looking at to solve the big problem before us. senator, thank you for everyt -- for efforts you have made. i think our congress is completely united that this is the party and that we need to get onyx. -- get on it. >> much of what needs to be said has been said. i am thrilled to be here with my colleagues who have done such a great job. we did a tally on where we where as far as cloture. i am glad that senator reid has pulled the libya vote. ron johnson began this last week. kelly and jeff and kay bailey hutchison and roger and a lot of folks have been involved in getting us where we are. i've been in business 33 years. you made me do the math. [laughter] one of the things that's frustrating about being in a place like the u.s. senate, typically when you have an ox in business, you focus on that, you don't go off on a tangent that is unrelat

bob corker is seen as somebody who is open to a conversation. roy blunt knows when these things are tough. he's somebody. that would be the second level of folks. you start getting to 12, 13, 14 potential targets of senator reid. >> chuck todd in washington tonight. thanks for your time. don't go anywhere. i'll need you later on. i want to turn to congress nan from new york. he's in studio with me fresh off the train, congressman. i got it right out of washington, d.c. privileged to have you here in the studio. i want to speak specifically about nancy pelosi. do you think she will have the entire democratic caucus ready to go for a compromise, because as we saw today she was pretty fired up in the way she was describing what's going on with boehner. >> it depends on the nature of the compromise. in our caucus today before we agreed to vote for the reid bill, i would say 80% of the people got up and said nothing more to the right than the reid bill. don't move that. that's as far as we're prepared to go. if they have to compromise by making that

of quiet negotiations now with some moderate republicans, possibly people like tennessee senator bob corker, alaska senator lisa murkowski. some folks like that who publicly said they're talking about working with reid on some form of a compromise. right now the senate republican leadership is not engaging in these talks. they want to wait to see what happens in the house until boehner comes over. and this is very important. mike, because the issue is, to get this clock moving, reid's got to file his bill by midnight tonight, and whatever's in it is the bill. they're not going to have time to be bog amendments and they're going to get it all dumbed up and lame for days, so in order to get this negotiatinged version of getting rid of a second trigger in debt ceiling, adding new triggers this and that, reid's got to get this negotiated version by midnight tonight. >> from the outside looking in. i guess i was wrong. i thought this was a case of speaker boehner passing something, anything, as much for his personal survival as the house speaker as for the good of the country. in other words, he

senators such as scott brown, bob corker, that might be important in cobbling together those 60 votes do you know about what they are saying? >> frankly i think the leadership that's being asked to be in touch with those senators and really bring them around. i think that there's been a lot of talk that some of these senators are willing to maybe make that compromise. that's sort of the theme you're hearing. how they get there isn't clear. i think mitch mcconnell is clear here. he knows how to play the game very well. so i think over the next several hours, as we head into the night, that's going to be the critical time. >> so you see the democrats in the senate. let's go across and will we see the same here with boehner doing that with pelosi? >> you would think so. right now i think it's up to the senate side to come -- deliver something that they can propose to the house and bring them home. you're going to have to see a real coming together of a lot of interesting dynamics, because you're going to have to have bipartisan votes and voting blocs together. what we're hearing from eve

from the white house with budget director jack lou and the congressional battle front with senator bob corkerd democratic congressman john larson. plus are the markets shrugging it all off? we're on the case and anita mcbride from the bush foundation on international efforts to empower women especially afghan women. "andrea mitchell reports" up next right here on msnbc. ♪ [ male announcer ] you've reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. so, why would you let something like erectile dysfunction get in your way? isn't it time you talked to your doctor about viagra? 20 million men already have. with every age comes responsibility. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. side effects may include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if

gregory's guest tomorrow, it will be interesting to hear him tomorrow on meet the press, you have bob corker from tennessee, another one, roy blunt. a man who has had votes in the house. he's one of those. and i want to give you another description, all of the ex-governors that are serving as united states senate in the republican caucus, they know how hard it is to deal with legislatures, they were the ones that -- people have been surprised that a guy like mow johans, he's a nebraska senator. lamar allem an der a former governor. jim reisch, he's been a supporter of the gang of six. that's another group of folks. you start seeing the circle and you're up to -- i already got us to about 12 or 13, throw in a kay bailey hutchison who's not running for re-election, and we start seeing who the reid target -- ralph portman, a guy on the other side of this as budget director for george w. bush, who has sympathies about what the debt ceiling really means and what default really means. you start seeing the outlines of where the reid target list is. >> chuck todd in washington for us. luke russert o

i thinking me pretty good will have happened, said senator bob corker. it's going to happen. unfortunately, there's going from to be some theater before it does. also in the papers this morning, the lead story in "the washington post" house passed debt bill hits wall in senate. laurie montgomery and paul cane right heading into the final weekend before the treasury expects to begin running short of cash to pay the nation's bill, harry reid introduced a new version to grant the government additional borrowing authority into 2013, setting up a crucial vote shortly after midnight saturday. democrats conceded they still lacked a vote -- host: he wanted the white house at the table and expressed frustration that president obama had rejected an emerging compromise between the two senate leaders last weekend. -- host: we're going to go to the phones and see what you have to say about the contact you had with your senator or present tiff on the house side -- representative on the house side to talk about their position on the debt ceiling. have you done anything to let them know by t

but, yesterday, republican senator bob corker said that is only about half as much deficit reductionencies want. here's a bit of what he said. >> all of us in the body should be pressing the leaders on both sides of the aisle, to at least present a scorable package that is scorable and real in the area of $4 trillion, or, depending on what you decide to do with the package, but if you voted for a package, that was less than that, you would be casting a vote to raise the debt ceiling, but, at the same time, probably, cast or country into a situation where we are downgraded. >> reporter: the markets have been down all but today, this week, a sign that investors were not particularly optimistic, congress would make it. bill? bill: wendell... buckle up! it will be a wild ride today, wendell goler at the white house, alisyn with more. alisyn: are you telling him to get his rear in gear? all right, the war of words in washington is in full swing at the moment. last night two powerful republican senators spoke to sean hannity and they say it is the democrats standing in the way of a debt de

alone and has to pick off moderate republicans, other republicans like john soon of south dakota, bob corker of tennessee who have indicated they're tired of this, they'll cut a deal, gives them just enough. but it could just eke out of the senate and that would make things really precarious in the house, lester. >> anecdotally, i think people are uniformly upset and blame various parties here, but they're mad. and we see people making those phone calls. are there deaf ears right now? on capitol hill and in the white house to what the public is thinking and saying? >> reporter: it's not that they're deaf. i think this is one of those cases where, well, we know they're mad, this is the way it works here, it's ugly. it's always -- we know you would never want to go there, or you would never eat sausage again. that's their mind-set and they think they just have to get through this. but i do think you see advisers telling them you know what, this one is different. this one is bigger. be very careful here. i think both parties are losing a lot of luster. they're already unpopular. they're both ta

i want to introduce bob corker. he has come up with a real plan to cap spending at a level that is associated with the gross domestic product, and that is the kind of legislation that we ought to be looking at to solve the big problems before us. i think our conference is completely united that this is the priority and we need to get on it. >> most of what needs to be said has been said. i am thrilled to be here with my colleagues have done such a great job. we were dealing a tally this morning as to where we are. he just continued at the end of last week and i'm glad that senator reid has bolivia vote. ron johnson, as was mentioned, began this last week. a lot of folks have involved in getting us where we are. i haven't done the math as he just did. he made me do the math is because you mentioned it. in a place like united states senator, typically when you have an ox in the ditch in business, you focused on that talks in the ditch. you don't go off on some tangent that is totally unrelated to the issue at hand. am

senator bob corker from tennessee was there and he said this about a debt deal.g very shortly. they'll either have a grand bargain or they won't." now, after sitting down with leaders from both parties in congress, president obama popped into the press briefing room at the white house where he said the meeting was constructive and all the key players have agreed to work through the weekend before meeting again on sunday. >> everybody acknowledged that we have to get this done before the hard deadline of august 2nd to make sure that america does not default for the first time on its obligations. and everybody acknowledged that there's going to be pain involved politically on all sides but our biggest obligation is to make sure that we're doing the right thing by the american people. >> and president obama emphasized that nothing is agreed to until everything is agreed to. those are his words and the pain here deals with democrats figuring how far they're willing to go to performing medicare and social security and republicans figuring out how far they're willing t

on the fence, they list one at -- orrin hatch, lindsey graham, richard lugar, marco rubio, and bob corker of tennessee. the uc is similar thread or a similar pattern to the voting -- do you see a similar threat or pattern to these centers and why they would be on the fence? guest: i see two separate groups in that list of republican senators who you mentioned. one of our the hard-liners among senate republicans who are not likely to be part of any bipartisan deal. they really objected, some hard- liners who have said no even as speaker boehner's proposal, and they would include orrin hatch yesterday, and there were 6 republicans who actually supported harry reid in saying no to the republic -- to the boehner proposal. they said no to boehner because there were more conservative. there are hardliners among senate republicans and there are also a separe group including, you mentioned senator lugar and senator corker of tennessee. they are trying to reach some kind of bipartisan agreement and they would be in a group that to reach 60 to end debate,hey would be the kind of republicans who wou

these deadlines were strengthened further by an amendment from senator bob corker. the original resolution lacks sufficient provisions for congressional oversight of the operations, their costs and their potential impact on other u.s. national security objectives. third, i offered an amendment specifying the war powers resolution applies to current u.s. military operations in libya and that continuation of these operations requires congressional authorization. this was adopted by acclimation after members on both sides delivered statements supporting the amendment. in doing, so the committee reputed yaitd the administration -- repudiated the administration's contention that the operations in libya do not constitute hostilities and not subject to the war powers resolution. fourth, we stated reinstruction costs should be born primarily by the libyan people and arab league nations. even with the success of these amendments, s.j. res. 20 remains overly broad despite its stated purpose of authorizing limited use of force. specifically, it contains no meaningful limits on