and panama with eric wasson of "the hill." "washington journal" next. ♪ host: after president obama holds his news conference this morning at 11:00, presented to you live here on c-span, we are told that he will meet again with congressional leaders about the united states deficit and what to do about it. talks have stalled, deadlock, stagnating, depending on what you read. we want to get your thoughts this morning on where they might be headed. democrats, for republicans, 202- 624-1115. what is your message today? mr. hawkins, good morning. thank you for joining us. everything has been casual, from what we can see. but we heard that things turned rather testy quickly. can you give us a sense of what happened last night? >> what is important to remember is that what happened last night is the president continued to try to press ahead with his call for the so-called grand bargain. a 10 year, $4 trillion deficit reduction plan that would be matched with an increased amount of borrowing power for the government. the president was

he has not quite a cave in on the accurate host: eric wasson, staff writer for the hill. thank you for your and we appreciate your time and input today. it will be back tomorrow morning at 7:00 a.m. for another edition of the "washington journal." we go to the national press club where congressman barney frank will be speaking. a look at the dog-franc reform bill. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] >> please keep questions brief and to the point we can get in as many questions as possible. after the press has been affecting their questions, other audience members are welcome to rest there. congressman barney frank represents the fourth congressional district of massachusetts and he is also the ranking member of the house financial services committee. he helped pass the dodd-frank consumer protection act last year. welcome, congressman frank. >> thank you. those of you who cover the financial services committee might ask your editors for dual pay because you will also be covering the republican p