you say dick durbin signed on to our commissioner report, and they say dick durbin? god, what is this? so it's names now. that doesn't help. i can tell you that i really feel you're going to see people come together and drop all of the phony stuff. and the phony stuff is i'm not going to touch medicare, medicaid, social security and defense. those people are fraud. total fraud. and here's one. every cent of revenue last year, everything, excised, sales, everything that the federal government brought in, went to only three programs. medicare, medicaid and social security and we borrowed everything else including the wars and homeland security and culture and infrastructure and research and development. that's where we are. >> so there is the hopeful case. i want to go back to last august and this relatively unprecedented stalemate over the debt limit. last august. we saw the downgrades of the u.s. fiscal position immediately coming out of that. and it did seem like that was a moment when the world was watching and where the country was watching washington and walked a

house budget chairman paul ryan and assistant majority leader democratic senator from illinois, dick durbin. also this morning or political roundtable. and my big question this week. if the election were held today, what would happen? the electoral map. the fight for middle-class votes. >> my mother and father dreamed as much as any rich guy dreams! they don't get us! they don't get who we are! >> and those questions of character. jeremiah wright and bain capital. >> i've been disappointed in the president's campaign to date which is focused on character assassination. >> with us this morning for the round table mike murphy. democratic mayor of newark corey booker. host of cnbc's mad money jim cramer. and wall street journal editorial board member kim strassel. >>> good morning. a big weekend of summits as the president is, as i said, on the world stage. these summits always attract protesters, and on the streets of chicago over the weekend that's been the case. mostly peaceful protests, anti-war, anti-nato. that'll be the big focus as the president meets with nato leaders this week. it's a

assistant majority leader and democratic illinois senator dick durbin and chairman of the house budget committee paul ryan republican of wisconsin, welcome to both of you this morning. >> thank you. >> good morning, gregory. >> good morning, dick. >> chairman ryan, let me start with you. this question of austerity in europe. they had failing economies, nearly depressed economies, the answer throughout the region was to slash their budgets. has it failed? >> well, no, david. i would say they've also raised taxes. they have -- this is a cautionary tale of what happens when politicians who make a lot of empty promises end up running out of the ability to borrow money at cheap rates and now they're broken promises. it's a cautionary tale of what will happen to us if we stay on the path we're on. we're saying let's get on growth and off austerity. get our borrowing under control, heading tax reform for economic growth and presenting medicare, social security and medicaid from going bankrupt. that prevents austerity. the president, his budget, the fact the senate hasn't done a budget in thre

joining me now from springfield, illinois, the number two democrat in the senate, dick durbin, and here in washington the man charged with electing more republicans to the senate, senator john cornyn. thank you both for being here. let me start out, i want to play something that senator durbin said in mid-april to kind of kick off our conversation. senator, let he remind you of what you said, which was unless there is some intervening event, some external event, i think the reality is we are knotted going to take up tough issues involving spending, taxes, medicare, social security before an election. my question to both of you, and i'll start with you, senator cornyn, is why are you all here at this point. nobody wants to do anything big because they think the other might get the advantage, and you're going to do it all in the lame duck or try to and maybe even kick it then. why even stay in washington? >> senator reid is the majority leader and is the one that determines what the agenda is on the senate flor. for the last three years senator reid has said we will not take up and pass a

the man in charge of selecting his replacement will be senator dick durbin.. the challenge two fold. finding an independent minded pros cuteder and someone who won't be entangled in election year politics. durbin will all look for someone who will get the backing of senator kirk. >>> it looked bigger than most of the nato protest. tonight thousands of chicago teachers stage a massive march and rally for better salaries. they paraded to chicago public school headquarters this evening. >> reporter: an estimated 10000 teachers, more than one third of the entire membership making their voices heard right through the heart of the town. a sea of red shirts marching down michigan avenue, then west on adams to headquarters on south clark street. >> what's the main message you want to convey today? >> we understand that times are tough and we're willing to make cuts but what they're offering us is selfish. >> reporter: teachers first rallied late this afternoon. they were bussed in after school let out. after several speakers and a little music it took to the streets

the senator from illinois channelling dick durbin said in effect, you better believe it. we mean that. because what they understand themselves to be doing and i think this is an important piece of this that has been absent from our current conversation, they understood what the 14th amendment does for this country. a lot of people think of it as a generous act to people who are here and their children get to be citizens. fair enough. it is generous, but it is also what you see in the congressional debates. they wanted to be able to claim the allegiance of everyone who was here. if you are a citizen, then the reciprocal is that the nation can claim your allegiance. the reciprocal is that you don't have to keep track of who was born here and whose parents were born here. who is a citizen by birth. when i register my child in school, i bring a birth certificate to show this child was born here. i don't have to bring my mother's birth certificate or grandmother's birth certificate. one of my grandmothers was never a citizen. i don't have to prove -- nobody will question me ab

every group from simpson-bowles to the gang of six with tom coburn over to dick durbin have said we're not going to solve our debt problem unless we do something about defense, about government spending in general, about the programs like social security, medicare and medicaid, and also about revenues. if you don't put all of those things on the table, there will be no bargain. >> our guests are co-authors of the book, "it's even worse than it looks, how american constitutional system collided." this is pittsburgh, pennsylvania, harry, republican line. hi. >> caller: hey, good morning. both sides of the fence are playing against each other, but the last two weeks, it's sort of like a comedy show. i see schumer and casey, this guy got this money from facebook, he's leaving the country. they have been attacking rich people four years. you go back, some of these politicians, harry reid, nancy pelosi they have been doing it forever. they are crying about it. i watch joe biden, they don't get us. he's worth over $5 million, lives in a $2 million. puts skin in the game, gets a pension, salar

we'll hear from senator dick durbin, member of the appropriations committee. >>> plus joe torre former york yankees talks things all baseball. >>> and emmy award winner jane lynch will be along. that's the "cbs morning news" for this tuesday morning. thanks for watching. i'm manuel gallegus, have great day. -- captions by vitac -- www.vitac.com 23478 ,,,, >> more than one month after seven people were killed in a campus massacre, the new challenge jeopardize in the future of oicos

. >> dick durbin has been pushing for student loan reform. -- says the burden is no >> more and more students and parents and grandparents are defaulting on the loans. students are too deeply into debt to finish their education. >> i want my degree but at what cost? >> reporting in washington. >> and a hostile takeover bid in the drug industry is brewing. jane king has the bloomberg business report. >> good morning. we talked about how blacks go smithkline made an offer for human genome sciences. that offer was rejected because it was too low. they're trying again with a tender offer at $13 a share. that is the same price they offered before. they said the offer was not fair and it will hurt the stock price. futures this morning are slightly lower. we did have another down day yesterday. more concerned about the european debt crisis. greece is struggling to form a new government. more than 21 jet workers will be laid off at the distribution center in aberdeen. hostess cutting 158 jobs across maryland. anheuser-busch salutes the military. this comes into advance of a new initiative wh

bird found that the fees of violate department of education rules and senator dick durbin for one has been taken too kindly to these revelations and although the senate is currently in recess he did release the following statement yesterday saying the following students of parents and taxpayers should be outraged by unreadable fees and sweetheart deals and valving campus debit cards when a financial institution charges debit card fees some as high as fifty dollars for students to access their student aid federal money the institution is taking away taxpayer subsidized funding that should be helping students pay for their education i'll be working in washington to put an end to the un reasonable practices highlighted in this report and to protect taxpayer investment well even of durban is successful in passing regulations here you can bet your bottom dollar the banks will probably just find a new way to screw over students just like they did after obama nationalized the student loan industry according to romney when it comes of bypassing regulations preying on the vulnerable these bank

join us on the debate on spending and your taxes with dick durbin, and paul ryan. roundtable will weigh in on if the election were held today, just what would happen? we will go inside all the important numbers and arguments. it's all this morning on "meet the press." stay tuned after the program for my "press pat" conversation with madeline albright. that's all here on nbc 4. >>> everybody probably watches "saturday night live" for the laughs. >> but last night the cast got emotional in honor of a departing star. >> you meant quite a lot to us over the past seven years. she got held back. so the department got together and prepared a song to say good-bye. this one's for you. >> after seven years, kristen wiig is leaving the show. each cast took a turn dancing with her, and she was serenaded with two hits. the smash hit "brides maid" made her a starlet. and it's rumored jason sudeikis and andy samberg won't return, but maybe it's a rumor. i loved her dress. everybody said that was a great show. and we want to give a shout-out to the mamas for the fashion runway. th

attorney patrick carol stepping down name is somebody to replace an interim basis democratic senator dick durbin will later recommend a permanent successor he will not reveal who was recommended as far as permanent successor to patrick fitzgerald said he and republican senator mark kirk consulting with a number of people who that person should be permanent successor not expected to happen until november presidential election. cold case could be one step closer to being solved suspect charged with murder 33 years to the day. bad boys disappearance. proposed cuts top choices. fight between city and police department over time during the nato summit and if you have not already cranked up the air conditioner this weekend tom skilling says going to be a scorcher. wow! it's even bigger than i thought. welcome to progressive. do you guys insure airstreams? yep. everything from travel trailers to mega motor homes. and when your rv is covered, so is your pet. perfect. who wants a picture with flo? i do! i do! do you mind? got to make sure this is -- oh. uh... okay. everybody say "awkward." protecting you

. >> dick durbin blames republicans for the debt burden. >> everything needs to be on the table. give the american people -- we have to get back to the same basic bowle simpson. >> we have to it's going to require changing the tax code, change the entitlement so there will be a medicare and social security 40 to 50 years from now, require putting defense spending cut, all of us shoulder to the wheel and being able to take off our democrat and republican hat and put on our country hats first. >> and though cuts are looming for 2013, both sides say, don't expect any solutions until after the election. >>> a blind chinese activist is enjoying his first full day in new york city. chen guangcheng arrived in the u.s. after a month long diplomatic battle that tested u.s. and china relations. fox's dade miller has the story >> reporter: guangcheng is now settling into his new life: the self-taught lawyer blinded by childhood ill necessary is still nursing a foot injury. thing speaking out saturday in a way he could not back home. >> the american government has provided great assistance a

dick durbin will be with us in the wake of jpmorgan's $2 billion mistake.ots at united say their airline is unsafe. captain sully sullenberger will weigh in on that and talk to us about what's behind the labor dispute and whether we should be concerned about summer travel plans. that's all ahead. >>> it is 6:33. we focus now on the presidential campaign. there are primaries in oregon and nebraska. only the one in oregon will award delegates. 28 are at stake. mitt romney at 973 delegates. 1,144 are needed to clinch the nomination. >>> the last republican challenger to mitt romney is effectively basically ending his campaign. texas congressman ron paul says he's not going to spend any more money running for president. he's just about out of it. he captured 104 delegates but never finished higher than second in any of the primaries. >>> president obama was on the campaign trail in new york. he attended a fund-raiser hosted by ricky martin in the leadership council. the event came less than a week after the president first announced his support for same- sex ma

this time it was dick durbin and patty murray.t the leaders to highlight this issue. dick durbin made the point not one republican supported this motion. i think that's a shot at scott brown because scott brown has broken with his leaders. they want to win back that seat. they don't agree. on the other hand house republicans want to move this even though the paul ryan budget did not call for that. kept the student loans at the 6.8% that they would jump to on july 1. they shifted, john boehner shifted because he saw the tide turning. they have a different -- to go after the healthcare law. is this going to get them? they have to find ow to pay for it. talking about june 30th, in the middle of the election season, maybe it doesn't get done. >> bill: i find it hard to believe number one that they would vote as they did and for the ryan budget. that would double the current rate. but secondly, that they would insist that it is more fair to take money -- to cancel preventive care programs in the health bill. right. colonoscopies, mammo

. >> road testing the fall campaign with senators dick durbin and john cornyn. >>> then where next forh democratic governor john hickenlooper of

debt fight at the end the year after the elections so we'll talk to paul ryan and he'll debate dick durbinator from illinois. we'll look at our political roundtable. if the election were held today just where will we be? >> all right. david gregory. appreciate it. >>> this sunday's "meet the press" press pass will feature david's conversation with former secretary of state madeline albright beginning at 11:30 sunday morning immediately after "meet the press" at 10:30 here on nbc 4. >>> lightning, fire investigators believe that lightning from a severe thunderstorm may have sparked two fires in virginia. firefighters were called to the homes in rosedale yesterday evening but were unable to save them. the buildings, one was an historic mansion built in 1909. no one was inside. the fires are still under investigation. >> for some reason or another, doug decided maybe we're okay after all so you decided to come in and not spend the rest of your day outside away from us. >> i was trying to get down by the chesapeake. >> there was food in here i think. >> well there is food. >> nothing to do wit

so senator dick durbin representing illinois asked the faa and the department of transportation to look into this. the d.o.t.s didn't know what the status of that report was. it is something they are watching. this is a very big and very busy airport job. >> we are glad nobody was hurt. lizzy, thanks so much. apple chief executive, tim cook, gave everyone some interesting hints about what's ahead in the tech world. he says, apple has, quote, intense interest in new technology to technology for televisions. he would also like to see more apple products manufactured here in the united states. >> will there be an apple product ever made again in the united states? >> i want there to be. >> so will it ever say on the back of an apple product, designed in california, assembled in the united states? >> it may. even though it doesn't say that today, you could put down there, several parts are from the united states. >> cnn's dan simon tracking all this at the all things digital conference and annual meeting of technology and media executives. how real is that possibility? apple has been critic

so we're going to have a debate between house budget chairman paul ryan and senator dick durbin of illinois about the tough decisions that washington has to make, whether they will make them being a separate decision. >> we'll see you a bit later this morning. david, thanks. >> thanks, lester. >> here's jenna. >> lester, thank you. >>> he's gone from opening bells to wedding bells. in a silicon valley surprise -- to us, not him -- facebook ceo mark zuckerberg got married on saturday, just days after his company went public. kind of a good week for him. nbc's veronica de la cruz has more. veronica, good morning. >> hey, good morning to you, jenna. the wedding was a surprise to zuckerberg's millions of followers and even to the guests invited to the young billionaire's home. the photo was posted on his own facebook page just after 6:00 p.m. pacific time saturday. mark zuckerberg's relationship status had changed, and now he was married to his longtime girlfriend, priscilla chan. it was a simple ceremony in the backyard of zuckerberg's palo alto home, and also a surprise. the 100 or so invited

>> well, we'll have him debating dick durbin and this question do we have another debt bomb at the end of the year? we're talking about it enough in the course of the campaign because this is going to be a big deal. and then we want to get into the idea if the election were held today where do things stand on character, on the economy, on some of the swing states and the strategies for turning around the map. that's what we'll do sunday. >> we'll be watching on sunday. up next indiana governor mitch daniels checks in. he's rallying behind the newly nominated senate candidate richard murdock in his home state. could it mean that capital becomes even more gripped by gridlock? plus we'll talk, force him to talk about the vice presidential stuff. we know how much he loves that. >>> still to come, from a dorm room at harvard to nasdaq, facebook goes public. but are witty status updates and poking your friends really worth more than a hundred billion dollars? first a look ahead at the president's schedule. as we told you earlier one-on-one with hollands and then off to camp david. eight worl

. >> on wednesday, democratic senator john kerry of massachusetts and majority whip dick durbin of illinois took to the senate floor to offer some remarks about the defeat of senator lugar in indiana primary race. this is about 20 minutes. >> i want to share a few thoughts this morning, not about the results of the election last night in indiana, but i do want to talk about the consequences or the united states senate of the loss of senator lugar or as of next year, and particularly for the foreign relations committee. dick lugar's loss last night is going to be particularly felt by all of us who've had the privilege of working with him on the senate foreign relations committee, and that's whether he was the chairman of the committee -- and i've served under him when he was chairman -- orhether he's been a member of the committee and the ranking member, as he is now, and as i've privileged to serve with him. whether you agreed with him or not, whether he had theavelr whether he didn't have the gavel dick lugar had an approach to the senate and to governing that was always the same. he was s

i tell you what, a tip of the hat to dick durbin, who dared to vote for simpson-bowles.l, but i tell you what, the senate -- >> collectively not getting anything done. the chart that joe just showed, what does that bode for us? >> technically in three or four years, the imf would be here if that continues. and one of the things that i think that we should have been doing is have a treasury secretary, as much as i like a lot of what tim geithner has done, he should be providing some analysis to the democrats. the three democrats you mentioned are financially literate. a vast number of the senate democrats are not financially literate. kent conrad knows more about the budget than republicans or democrats. he's been very straight. every time i've spoken to him he said it's a clear path. dave cody, who is the ceo of honeywell put together a lot of the notes of what happens with simpson-bowles. he is adamant that our country will fall apart in 20, 30 years from now if we don't do something now. i think it's faster than that. >> it's not 20 or 30 years. you know what, if the d

. >>> with us senator dick durbin. he oversees banks. good morning. >> good morning. >> tell us what you want to know. what details, what information do you need in your role at the senate? >> i could care less if a person buy as losing ticket at the kentucky derby but when the folks at chase decide to gamble money, they're gambling with the taxpayers' money. it sunlt just a loss for the stockholders or the investors. it's a potential loss for american taxpayers and middle income families. why don't we go forward with the volcker rule. it's not in effect until the middle of july. the volcker rule says they should. be engaged in proprietary trading that could endanger their capital positions. the volcker rule is a sensible step forward for more accountability and more transparency. >> would the volcker rule have made what happened at j p morga chase illegal? >> i think so. we're not sure whether it was a proprietary trade. if it was trading its own money, yes, it would be affected by the volcker rule. what we want is to limit that exposur

with us now from capitol hill, senate democratic whip dick durbin. senator, good morning. >> good morning. >> tell us what you want to know? what details, what information do you need in your role at the senate? >> i could care less if a person buys a losing ticket at the kentucky derby. when the folks at chase decide to invest money, they are gambling with taxpayer insured money. when $2 billion is lost, it's not just a loss for stockholders and investors, it's a potential loss for taxpayers and middle income families. why don't we go forward with the volcker rule? the volcker rule is not in effect and won't be for several weeks. middle of july. it says banks shouldn't be engaged in proprietary trading that could endanger their capital positions and calls for government support as we had with the last bailout. the volcker rule is a sensible step forward for more accountability and transparency. >> would the volcker rule have made what happened at jpmorgan chase illegal? >> i think so. i tell you why i hedge this is because we're not sure if this was

act started back in the mid '90s and i guess most prominent bill that was introduced in 2001 by dick durbint passed the senate and the american people are generally opposed to it. >> i'm always worried, congressman gutierrez, when someone says my good friend because usually something will follow when you talk to elected officials that will be but. weigh in on what you think specifically on this version of the dream act that marco rubio would like to see become a bill and governor romney's support or lack of support he's been unclear of that. i want to talk to you about president obama and what's not been done on immigration that the president may have or should have or could have done in the first years in office. >> first it was regrettable that you have a brand new person out there doing outreach to the hispanic voting community of the united states that doesn't understand the record. that's a very clear record. it's not one that evolving. mitt romney said everyone should just self-deport. when he said it, it was like senator john mccain was scratching his head saying i don't think he rea

you say dick durbin sign on to our report -- what is this?i can tell you that i really feel you are going to see people come together and drop all the phony stuff. the phony stuff is, i am not going to touch medicare, medicaid, social security and defense. those people are total fraud. every cent of revenue last year, everything, excise, sales, everything the federal government brought in which only three programs, medicare, medicaid, and social security, and we borrowed everything else, including the wars and homeland security and culture and infrastructure and research and development. that is where we are. >> i want to go back to last august. the stalemate over the debt limit. we saw the stalemate coming out of that. it did seem like that was the moment when the world was watching. what were the practical effects that you felt? >> i will give you a very specific example. just on the optimism point for a second time i do think the topic is getting recognized. two or three years ago, it was not. if you consider that progress, raising the foc

democratic senator dick durbin of illinois and republican house budget chair, paul ryan of wisconsin, offered their takes, including lessons the u.s. can learn from the debt crisis in enveloping europe. >> what we're saying is let's get on growth and prevent austerity. the whole premise of our budget is to preempt austerity by getting our borrowing under control, having tax reform and preventing medicare, social security and medicare from going bankrupt. >> what the president says and i agree, don't eliminate the basic things that middle income americans need to succeed. the opportunity to own a home, have an education for your children. these are things unfortunately cut by paul's budget in the house of representatives. >> meanwhile, senator marco rubio unleashed sharp words aimed at president obama, the florida republican, who has been rumored as a potential vice presidential pick, was the keynote speaker last night at a gop dinner in columbia, south carolina. and he waste nod time offering his critique of the president. >> we have not seen such a divisive figure in modern american

you say dick durbin sign on to our report -- what is this? i can tell you that i really feel you are going to see people come together and drop all the phony stuff. the phony stuff is, i am not going to touch medicare, medicaid, social security and defense. those people are total fraud. every cent of revenue last year, everything, excise, sales, everything the federal government brought in which only three programs, medicare, medicaid, and social security, and we borrowed everything else, including the wars and homeland security and culture and infrastructure and research and development. that is where we are. >> i want to go back to last august. the stalemate over the debt limit. we saw the stalemate coming out of that. it did seem like that was the moment when the world was watching. what were the practical effects that you felt? >> i will give you a very specific example. just on the optimism point for a second time i do think the topic is getting recognized. two or three years ago, it was not. if you consider that progress, raising the fo