obama, boehner, grades? >> i'm going to give obama a c -, boehner is going to get an a.response was the best since he took over. he was right on point to the point. didn't go long. he looked great. blown away. >> sean: i agree with you the best. >> president obama "f" he went to try to push his increase of tax revenues attacking the republicans. really not facing up to the fact that he's the one that abandoned any negotiations. in essence i would definitely give him an "f." boehner definite "a." >> sean: bob forget about the politics. >> i would say i thought boehner looked and sounded good. i thought on substance it wasn't close many obama a+, boehner hanging on trying to explain why they won't find an equitable deal. think about independents. >> sean: who obama is losing in droves. >> it is a very important constituency for him. we still have to put one of these people up. the fact is i think the way he laid it out, i know you don't like to hear this. it doesn't sound like the republicans are willing to give. i was interesting the way he divided the senate republicans

obama, boehner, grades? >> i'm going to give obama a c -, boehner is going to get an a.the response was the best since he took over. he was right on point to the point. didn't go long. he looked great. blown away. >> sean: i agree with you the best. >> president obama "f" he went to try to push his increase of tax revenues attacking the republicans. really not facing up to the fact that he's the one that abandoned any negotiations. in essence i would definitely give him an "f." boehner definite "a." >> sean: bob forget about the politics. >> i would say i thought boehner looked and sounded good. i thought on substance it wasn't close many obama a+, boehner hanging on trying to explain why they won't find an equitable deal. think about independents. >> sean: who obama is losing in droves. >> it is a very important constituency for him. we still have to put one of these people up. the fact is i think the way he laid it out, i know you don't like to hear this. it doesn't sound like the republicans are willing to give. i was interesting the way he divided the senate republic

obama, boehner back and forth. are you tired of it yet? ight when i watched barack obama i was reminded, bill, that he has led a rich man's life, he just never had to do any of the messy earning. he has always been on other people's dimes. he has led a much richer life than me. i like boehner. tammy faye comes n the green lantern sign. i like him coming on the trump card there. if i was boehner i would get real authentic and start smoking like lloyd bridges in airplane. we are screwed here. we are in trouble here. we have got to do something here. he was too cool for me. boehner should have a reverse debt telethon where we start the telethon with 14.5 trillion up on the board and then through the 24 hours we work back from there. the simple fact is we are spending too much. the president makes a nice speech but at the end of the day, we still got to stop spending. he is smooth at it i think we ought to have a prompter tax. maybe we could get out of the hole. >> bill: i think president obama is taking a massive hit here. i'm looking at all t

stacey tell us more max that's our first headline there gold gives a standing ovation for the obama boehner masterpiece of political theater so we've seen in america the political theater getting crazier and crazier but this is the important thing is that how gold responded and obviously always a deal is going to be done right we knew that but we have always told everybody that.

the obama-boehner bargain that would cut spending at some time under some mechanism reform tax. the republicans don't like the tax increases and democrats are upset over the depth of the spending cuts. now they're going home for the weekend. just when you thought it couldn't get worse for the murdochs, we learn that james murdoch may have been less than truthful when he told parliament he was not aware of how extensive the phone hack was until recently. now the u.s. justice department is investigating. also to paraphrase bob dylan you don't need a weather man to know it's hot out there. so hot, we're going to ask is overpopulation partly responsible for global warming? and caddy sacked. few people closer than a golfer and his caddy, tiger woods' firing of his caddy of 13 years is beginning to look like an ugly divorce. the caddy has said five words that must terrify tiger and thrill his critics. those words, when i wrote a book. >>> finally, let me finish with the end of your neighborhood and mine. >>> we start with senator ben harden today. tell us the latest on the deal. >> it

so long by the speaker of the house, john boehner, and the president of the united states, the obama/boehner plan, if you will. that is a product that provides a lot of guideposts to how you get to a bipartisan compromise on those tough issues. so, really if we can't get that grand bargain, look, let me start, we still believe that's possible. that deal is on the table, if there's the political will to make it happen, it could happen before august 2nd. if that isn't possible before august 2nd, there are certainly -- what a compromise looks like is pretty clear. significant deficit reduction, a mechanism by which congress would take on the tough issues of tax reform and entitlement reform and a lifting of the debt ceiling beyond -- into 2013 so we do not have the cloud of uncertainty that is hanging over our economy right now and getting darker and stormier as every day passes for another three months, four months, five month, six months, ten months. we have to -- we have to -- our primary objective here has to be to protect the economy and protect the american people from economic harm. so,

. [ light laughter ] pro -- john boehner's handicap is 7. con -- barack obama'st know that. you can google it, though. [ applause ] you can google it. >> steve: it's on the pga listing. pro -- the match got emotional at times. con -- boehner cried whenever someone said they shot a birdie. [ laughter ] [ as boehner ] "i used to have a little birdie when i was a boy, growing up." [ laughter ] pro -- seeing republicans and democrats getting along. con -- seeing joe biden's grandpa legs in shorts. [ laughter ] not a pretty sight. pro -- hearing boehner yell, "fore!" con -- hearing obama yell, "more years, please!" [ laughter ] pro -- playing outside allowed john boehner to work on his tan. con -- at one point, groundskeepers accidently hauled him away, thinking he was a dead oak tree. [ laughter ] "boss, this tree is crying. should i -- ?" >> steve: "it must be sap." >> jimmy: and finally, pro -- john boehner has one of the best strokes in congress. con -- especially now that anthony weiner resigned. [ cheers and applause ] there you go, everybody. that's "pros and c

>>> plus, watching the obama/boehner face-off last night, it was hard to believe what we were watching. the republicans are on the brink of winning the battle, in which the very rich will be asked to contribute nada. nothing. and everyone else will be asked to contribute everything. how did we get here? >>> also, silence of the lambs. where are the republican candidates for president? michele bachmann, of course, mindlessly doesn't want the debt ceiling increased under any circumstance. other than that, where is everybody? >>> and we learn today no group has been hit harder by the recession that continues than latinos or also may be the most important voting block for president obama come next november. can you hold them if things get worse? finally, finish tonight with a way out of the debt showdown. we start with the debt fight itself. jay carney, white house press secretary, joins us right now. thank you for joining us. it seems to me if you watched the fighting today, the state of play is the republicans under boehner want a two-round fight, they want a second round during the pres

obama accountable? did he inherit this? hold it there for just a moment. boehner isn't trying to solve the debt crisis. this is all about making president obama fail. let's dive into boehner's two-step plan. here's number one. cuts that exceed the debt hike. number two, caps to control future spending. now, those two steps seem pretty reasonable. the problem? boehner's two-step plan, you see, really has three more steps to it. number three, a balanced budget amendment. now, let's talk about that for just a moment. where was all this talk about a balanced budget amendment when we were in two wars and off the budget? in fact, dick cheney said that deficits didn't matter. that failed in the senate. the balanced budget amendment failed in the senate last week. so let's now go to number four. entitlement reforms and savings. savings out of whose pocket? in other words, cuts to the big three. and number five, of course, is the big one for republicans -- no tax hikes. boehner's plan is nothing but cut, cap, and balance, wrapped in a brand-new package and trying to be sol

obama accountable? did he inherit this? hold it there for just a moment. boehnern't trying to solve the debt crisis. this is all about making president obama fail. let's dive into boehner's two-step plan. here's number one. cuts that exceed the debt hike. number two, caps to control future spending. now, those two steps seem pretty reasonable. the problem? boehner's two-step plan, you see, really has three more steps to it. number three, a balanced budget amendment. now, let's talk about that for just a moment. where was all this talk about a balanced budget amendment when we were in two wars and off the budget? in fact, dick cheney said that deficits didn't matter. that failed in the senate. the balancedç budget amendment failed in the senate last week. so let's now go to number four. entitlement reforms and savings. savings out of whose pocket? in other words, cuts to the big three. and number five, of course, is the big one for republicans -- no tax hikes. boehner's plan is nothing but cut, cap, and balance, wrapped in a brand-new package and trying to be sold

if john boehner and barack obama don't want to face this, mitch mcconnell would not mind seeing it. d with boehner and obama making the big decision it most likely will be a bigger deal than a piecemeal deal, chuck. >> we'll see. three weeks, could be a lot of all nighters. >> july 22nd is what the deadline is. we heard august 2nd. they need time to sell this thing. >> i've heard the 22nd can move. it's august 2nd that cannot. >> reporter: absolutely. they need some time to sell this thing. >> get your sleeping bag out, buddy. on capitol hill, thanks luke. after seeing the five day winning streak snap markets try to start a neutrally today. joining me now michele caruso-cabrera. >> reporter: we'll know if the markets were worried if we saw a sharp rise in interest rates and in fact interests rates have not been going up they have been going down. markets have been far more concerned about a weaker economy and whether or not all the at that tima points have been negative. as for today it looks like we'll have a slightly weak open. call it flat trade. you won't see a lot of action or d

breakdown using pills more macs that's our first headline their goal gives a standing ovation for the obama boehner masterpiece of political theater so we've seen in america the political theater getting crazier and crazier but this is the important thing is that how gold responded and obviously always the deal is going to be done right we knew that but we have always told everybody that gold is responding to this collapse in american empire yes it is responding its response to the collapse and free up money it's a response to the collapse and the american empire exactly they had a great run after world war two but now it's run its course and now it's all falling. part in all the satellites that rely on the u.s. for their large and all those military contractors and client states and puppet states that got all that free money from a corrupt cop talk receive america they're all being choked and then they want to throw money behind gold and silver the price keeps going higher and this will continue because no man of growth will support this amount of debt it's impossible to not fanatically impossible

now democrats are taking issue with president obama's closed door meeting with speaker john boehner asorts safe the deal now being discussed could reach $3 trillion in savings. the question is will obama and boehner be able to drive their parties kicking and screaming and finally get something done. >>> delay of game, the nfl lockout now in the hands of the players after the owners agree to this proposed new deal. the question is, does anybody need four seats to the hall of fame game next month? it's apparently no longer happening. >>> and now triple digit temperatures, this is getting to the point of, well, we can't take it much longer. my question is, if the ac goes out of my place, the

tom, today was supposed to be president obama's deadline to have a deal in hand, instead for the second time house speaker john boehner called those talks with president obama. >> susie, the break down in talks late today came over tax increases in the american's healthcare and other kiz putes unrelated to the budget. where does this leave the issue? the hypothetical seems more and more like a possibility here zeus see, what if congress fails to raise the federal debt limit before august 1nd. timothy geithner met with them today to talk about what could happen. they gave no details on any contingency plans. >> susie: tonight, we'll look at the impact on the bond market if there's no deal. and in just a moment, we'll talk to maya macguineas. she's president of the committee for a responsible federal budget. but first, here's the latest on what's going on with the deficit talks. >> hi, good. >> susie: well, this is really a nail biter now, isn't it. what do you think is going to happen next? >> well, it's been a rollercoaster of a couple weeks and it certainly ended on one of the highest rollercoaster hills today reques

and obama is saying that boehner walked away from this. i think there's a trust level that's missing at this point. obama knows at the end of the day, the senate leader terri-lynne mcclintic connell said this they want to make him a one-term president. republicans want him to lose. he's saying fine, at what cost? that's one of the things the white house is saying the republicans are doing. they deny that of course. it's hard to say there's not some kind of political implication. >> what about the reality of getting this deal done? what's the buzz in washington? do they think it will happen by august 2nd? >> it will i think happen. but i don't know if it's going to happen by august 2nd. we could see a short-term deal. the white house said they were open to that last week. so much has changed in the next 24 hours. we'll know more after this 11:00 meeting. >> okay. jackie, many thanks. >> thank you. >> we invite all of you to watch "meet the press" tomorrow. white house chief of staff and republican senator tom coburn of the finance committee

in dueling addresses by president obama and house speaker john boehner. with one week to go until the united states of america runs out of money to pay its debts, the world watched as the democratic president and the republican speaker of the house hurled accusations at each other. >> for the past several weeks republican house members have essentially said that the only way they'll vote to prevent america's first ever default is if the rest of us agree to their deep spending cuts-only approach. >> the sad truth is that the president wanted a blank check six months ago and he wants a blank check today.y. this is just not g gng to happen. >> a presidential address to the nation -- >> reporter: it was a primetime blame game. president obama argued that republicans just won't compromise, refusing to raise a dime of tax revenues to solve this crisis, because they care more about rich people and big corporations than they do about ordinary americans. >> most americans, regardless of political party, don't understand how we can ask a senior citizen to pay more

, obama, boehner, mcconnell needs to get through congress and congressional democrats are sounding very nervous about potential cuts to social security. >> this morning on social security, i do not know what exactly the president is referring, to and i should be clear that congressional democrats are not going to support something that seeks to balance the budget on the backs of social security beneficiar s beneficiaries. >> so that's the concern from democrats. republicans worried about the tax increases, and some are ticked off that this deal is being worked out behind closed doors. >> are we going to have a result, a negotiated settlement dropped in our lap, what, a couple days before, you know, this -- this deadline date in is that was going to happen? is that really how the financial fate of america is going to be decided? i mean, personally i find that process disgusting. >> a few more words from him about that process, that's senator ron johnson, republican of wisconsin, and he does not like the closed-door talks about trillions and trillions of dollars. he will be my guest in ju

house speaker john boehner once again has broken off negotiations with president obama. boehner will now try to work out a deal with senate leaders to keep the country from going into default. and president obama is expected in the white house briefing room at any moment. to give his reaction. senior white house foreign affairs correspondent wendell goler is live at the white house with the latest. this has all broken in the last few minutes. >> reporter: you are right, chris. a source in the speaker's office says mr. boehner felt that president obama wasn't serious about what is being called "the big deficit reduction deal." the three, to $3.5 trillion measure over ten years. officials here, i believe, would tell you that the issue is the tax revenue that the president says has to be a part of the package to keep it from being unfair to to make deficit reduction too big a burden on social security and medicare and other government programs. the president will come out here, i presume, and tell lawmakers he wants them to get a deal. because of course, what we are looking at is t

boehner held a house republican caucus meeting 12 hours after he lied about president obama in front of a national audience. last night boehner said something that really caught my attention and the attention of "the ed show" audience. take a look. >> the sad truth is that the president wanted a blank check six months ago and he wants a blank check today. this is just not going to happen. >> boehner took the same garbage to the real leader of the republican party today. >> what happens when we get to next april when this new trillion-dollar line of credit that's being added expires and we're right back where we are today? >> well, that's -- that's -- that's the point the president's making. that's why he wants a $2.4 trillion blank check today, that lets him continue his spending spree. >> boehner using the -- to corral the radical tea party element of his caucus? well, it's not working. >> this republican will not vote to raise the debt ceiling. >> amen to that. and this hour, the tan man doesn't have the votes to get the bill through the house and the president has threatened to vet

two hours after a meeting with president barack obama at the white house, after it ended, house leader john boehner is leading a conference call with republicans about the nation's debt. we'll go to capitol hill in a moment. first, president obama called the morning white house meeting after debt negotiations broke down over the tax hike issue. let's go now to the white house and white house correspondent brianna keilar. so, what do we believe was said during that, what, 50 minutes or so discussion? >> reporter: it was almost an hour, fredricka. it was a meeting between the top democrat and the top republican in each the house and the senate. and we just got a readout from white house press secretary jay carney. it basically says what we expected, the president wanted to know that they are committed to a path forward to make sure that the u.s. does not default, but this is pretty interesting because it does, according to carney, he says the president restated his opposition to a short-term extension of the debt ceiling, explaining that a short-term extension would cause our country's credit rating

if obama cuts a deal he's very likely to get re-ected. if boehner changes the trajectory of spending he request say we came to washington, we did it. and so secretly what's going on here is that obama is really sticking the knife in nancy pelosi making it unlikely that she will get the speakership and bayne ferr he cuts a deal is hurting mitt romney or whofer the republican nominee some. so the party of the incumbents are sticking together and hurting the party of the outs. >> wow!. >> do we have time. >> where do you agree. >> i mostly agree. >> lehrer: that is as far as we can go. sorry, ruth, good to see you again. >> good to see you. >> brown: again, the major developments of the day: the jobless rate rose to 9.2% in june as employers added the fewest jobs in nine months and more government jobs disappeared. and the shuttle "atlantis" blasted off on the final mission of the shuttle program. and to hari sreenivasan for what's on the newshour online. hari. >> sreenivasan: paul solman weighs in on today's job numbers. that's on our "making sense" p

boehner. president obama has threatened to veto a similar plan a few days ago. something senate majority leader, mitch mcconnell urged him to re-evaluate. >> this weekend we offered the president a bipartisan proposal to avoid default so we could have the time we need to put together a serious plan for getting our house in order and he rejected it out of hand. congressional leaders of both parties have shown they're willing to work in good faith. i would suggest that the president reconsider their offer rather than veto the country into default. >> meanwhile, harry reid introduced a plan to cut the deficit by $2.7 trillion over the next decade, he proposes $1.2 trillion in spending cuts and would raise the debt limit through 2013. senator reid's plan also suggests the committee to find more spending cuts. more committees. speaking on the senate floor, reid bluntly challenged boehner to face down the more conservative aspect of his house, his caucus, by backing his proposal to raise the debt ceiling. >> the republicans who used to run the congress on the two repu

that would save $4 trillion or more over 10 years, as much or more than the obama-boehner grand deals biggest point, and far more than either the reid or boehner proposals currently being floated. and it could be done legislatively by doing absolutely nothing. joining me now is "the washington post's" ezra klein. also an msnbc analyst. ezra, it's the strangest legislative situation i have ever seen. here is the solution to the declared problem, sitting in front of all of them, the action necessary to make it happen is their favorite thing, doing nothing. and no one talks about it. >> it would let congress do what it is very best at. and it's instructive to compare that situation to this one. in that situation, if congress does nothing, if they can't come to an agreement they are happy with, the deficit improves by $4 trillion, which brings us into the path we need to be on. if we don't agree on anything in the next couple of days, we go into another recession or even worse than that, a financial crisis.d about that reduction, it's clear what path you would choose. if all you care abo

economy's reached at saturation and no amount of additional debt in this is all the plan that obama and boehner are putting forward is to restructure the debt or add to the debt that's not going to create enough growth to pay down the debt therefore it's so facto as night follows day this downward spiral of u.s. bonds u.s. credit rating in the u.s. economy is is not going to be interrupted by anyone or any policy and not familiar saying that i washington a third of a peripherial press player here in this whole mass of these tea party folks i mean do you think that they really understand a consequence of what they're pushing for do you think they understand and are in fact calling for this shock therapy collapse you know cut off the pinger to. remove the virus or do you think that it's just you know ignorance i'm going to oppose every single piece of legislation that comes before me because i got elected to do just that. well the tea party is financed through the koch brothers and their allegiance is to the oil industry and as prices of oil goes up the koch brothers make money in the tea party o

john boehner and obama didn't have a much of relationship. sure they went and a golf outing. mitch mcconnell is not really a lot of deep relationships there. harry reid on friday was very upset with the white house because he was not involved in some of those talks that were going on. >> gregg: so it's not just the cross party animus but intraparty feuding, to borrow a legal phrase, does it compound the felony here? >> it does. democrats are so frustrated with the tax deal that obama struck in late 2010 and now they see the president was willing to raise the el jubl for medicare, social security and they said wait a minute. you are blinking don't get beat by the republicans in this negotiation. i don't think they will be there for the president. the president was indicating he could bring a lot of votes in any type of deal. i'm not sure that is going to be the case. >> back in 2008, the first vote on tarp actually failed and the stock market plunged by about 800 plus points. it was mayhem on wall street, lawmakers were inundated by angry americans calling them and e-mailing t

boehner put it. he said they had agreed to about $800 billion to raise revenue, and then the white house came back. president obama came back, boehner said, and demanded $400 billion more. something that, for house republicans, would be a poison pill. and then you have democrats, we heard president obama saying yesterday, questioning if republicans would accept any deal, saying that the things he had agreed to had rankled democrats so much, that he thought maybe there was promise that this could find some common ground. but he questioned if republicans could be happy with any type of agreement, t.j.. >> all right. breanna keeler, we're going to be talking to you again. we'll leave it there for now, but thank you so much. for our viewers, al lot of you were out on friday night and you missed some of the developments yesterday. you missed those two news conferences from president obama and republican house leader john bayoehne boehner. we'll play both of those for you at the bottom of the hour, in their entirety, and let you hear them for yourselves. but clearly and visibly, these two men were upset last night. >>>

the obama-boehner bargain that would cut spending and somehow sometime under some mechanism reform tax ps. republicans don't like the tax increases. democrats are even angrier over the spending cuts. everyone is going home for the weekend as the clock ticks down. >>> when you find it can't get worse for the murdochs, we learn that james murdoch may have been less than truthful when he told parliament he wasn't aware of how extensive the phone hacking was. now the justice department is investigating whether u.s. laws were broken. >>> you don't need a weather man to know it's hot out there. we're going to ask is overpopulation partly responsible for global warning. caddie sacked. few people closer than a golfer and his caddy. tiger woods's firing of his caddy is beginning to look like an ugly divorce. he's already said five words that must terrify critics, those words "when i write my book." >>> finally, we start with the debt crisis. senator ben card en is a democrat from maryland. you were with the president in your statement today. tell us the latest on the deal. >> michael, good to b

being created out of this deal -- frankly, all of the deals, whether boehner, reid, whatever, obama, boehnerhad a creation of some sort of congressional commission that was based on how they did the military base closings the one time that a commission seemed to be successful in trying to get the politics out of this. do you really believe this commission, this committee, is going to deal with tax reform in a way that's going to feel fair? >> well, i agreed with what the brac commission. i wanted a bigger deal, one that would have included looking at the entitlements that are really what is driving our ongoing deficit and debt crisis. because the problem really isn't the debt ceiling. the problem is the debt. the fact that we're $14 trillion in debt. so i support any efforts that we can do to take a functional look at this and do it in a responsible way so that the american people say yes, the people in washington get it, we cannot continue to spend money we do not have. >> how do you react to all the polling that's out there that shows a large majority -- not a narrow majority -- a large ma

this is all about defeating president obama. boehner and the republicans have no interest in raising taxes to eliminate debt. today president obama called for a balanced approach. keep dreaming. >> i believe we need a balanced approach. we need to take on spending in domestic programs, in defense programs, in entitlement programs, and we need to take on spending in the tax code. spending on certain tax breaks and deductions for the wealthiest of americans. this will require both parties to get out of our comfort zones and both parties to agree on real compromise. i'm ready to do that. i believe there are enough people in each party that are willing to do that. >> boehner and the republicans will never get out of the comfort zones when it comes to taxing the rich. the speaker drew his line in the sand. the legislation the president has asked for cannot pass the house as i've stated repeatedly, the american people simply won't stand for it. once again, boehner has no clue what the hell he's talking about. two-thirds of the american people