by the way democrats pick up patty murray is is i think it's cynical and patty murray is the head of the democratic senatorial campaign committee she's also a moderate democrat well she came here she is you know on the air in seattle i hear all the criticisms of patty murray patty murray is this is this might be good for campaigning for the d c c this is not good for her any sort is not really matter and the reason it was by the way are asking for her we have not to give up her spot at the c.c. or not be on the committee yeah well we'll see we have a minute left in this topic and then we got to go to court for sixty three percent of america this is a new c.n.n. poll just came out sixty three percent of americans want this committee to increase taxes on business and i income americans sixty four percent oppose any cuts whatsoever to medicare or social security and for those republicans who say we need to broaden the tax base of those have more middle class people eighty seven percent oppose increasing taxes on middle and low income americans so any of these things going to have. but i

patty patty murray is this is this might be good for campaigning for the d c c this is not good for for any sort of really matter and liberals by the way are asking for her we not to give up her spot at the d.c.c. or not be on the committee yeah well we'll see we have a minute left in this topic and then we got to get it for quick for sixty three percent of america this is a new c.n.n. poll just came up sixty three percent of americans want this committee to increase taxes on business and i think americans sixty four percent oppose any cuts whatsoever to medicare social security and for those republicans who say we need to broaden the tax base notice it more middle class people eighty seven percent oppose increasing taxes on middle and lower income americans are off so any of these things going to have. but it makes no sense i mean a find if they want to if they don't have a country that goes bankrupt and can't have any medicare or social security in the long term then that's a great policy route to go but that is not the way to save this country and save our fiscal future but most

senator harry reid finally haemd v named three members, senator max baucus, senator patty murray and about banking. senator baucus, chair of the finance committee, senator kerry, long-time veteran and someone who has dealt with numbers on defense with foreign relations. there's a complaint from republicans. >> no, come on? there's a complaint? really? oh, my gosh. >> yes. what i think, though, carol, is going to be the deciding factor is who are the republicans going to name from the house of representatives because they have to go after districts. that's really going to tell exactly how much ideology is at work here and whether there's any room for compromise whatsoever. we'll have to wait and see. >> the rumor floating around is eric cantor is the leading contender. he's the guy that walked out of the negotiations. if the republicans appoint somebody like eric cantor who is pretty stead fast in his beliefs, i don't know, it might throw a wrench into things before it even starts, right? >> a lot of republicans, paul ryan is another name thrown around. dave camp, who is in charge of a

harry reid is going to pick max baucus, john kerry and patty murray. baucus is a centrist and works with republicans on taxes and more in the middle. this could signal that they are looking for a deal. "usa today" poll said six of ten americans want compromise. >> bret: patty murray head of the democratic senator call pain. >> on the left. >> bret: thank you. oil hit the lowest mark since september. crude fell $2 to close at $# 9.30 a barrel. gasoline is averaging $3.5 a gallon. five cents less than a week ago. gold hit another record high. closing at $1740 an ounce. up $30 from monday. price tag for president obama's healthcare law may be bigger than anyone anticipate anticipated. $50 billion bigger every year. correspondent shannon bream is here to tell us about new analysis with alarming conclusions. >> good evening. >> well that analysis comes from the national bureau of economic research. they claim the budget office underestimated the cost of the healthcare law. according to the report, joint committee on taxation told cbo to calculate the cost b

. >> max baucus, john kerry, patty murray. >> signed a pledge against any tax hikes. >> really is going to have to be who can fight ideologically. >> 82% of americans now disapprove of the way congress is doing its job. >> it's also very disturbing, the lack of diversity. >> this super committee is so distressing. >> melissa harris-perry can't stand talking about the super committee, so she'll review a movie for us instead. >> all right, i'm going to do it. but i need to make sure she understand this ain't no game. >> republicans are trying to explain how losing two senate seats in wisconsin is actually a win for them. >> what we saw happen in wisconsin. >> two seats picking up last night was decent. >> this is sort of a test for progressives. >> this is devastating for unions. >> ed schultz joins me. >> i can't do this story tonight without having fun with these people. >> and iowa gets crazier as the candidates get ready for the straw poll. >> i've got more than one gear. >> also preparing for tomorrow night's big race. >> fun and entertainment, we're always going to have a petting zo

senate majority leader harry reid selecting democratic senators patty murray of washington, max baucusana and john kerry of massachusetts. the gop is slamming the choice of murray since she's also in charge of raising money for senate democratic candidates. >>> all right. the obama administration may be ready to deliver a direct message to syrian president bashar al assad, get out. government sources say the move is expected in the coming days. once u.s. officials consult with the u.n. security council, concerning assad's bin laden bl crackdown on anti-government protesterses. arwa damon joins us from beirut. good morning. >> good morning. this is something the u.s. has been debating for several weeks now, as both america and the international community try to -- what sort of pressure they could put on the syrian regime to try to bring about some sort of end to the blood shed. at this stage even if the u.s. does explicitly ask the president to step down, it is not very likely to have any sort of impact to try to derail the government off of this current military track that it seems int

note that there is only one woman on this committee and that's patty murray. you know it's very tough with 12 people to get everything and everyone represented. but that's probably not quite the representation that some would have liked. >> so how important is it that in the legislation that created this, you only need the committee only needs seven votes to get it to congress? >> this, the legislation that created this is remarkable in that it takes away some of the biggest hurdles to getting things done in washington. you don't need the 60 votes in the senate. you bypass the ability of the majority in the house to keep things from coming to the floor. >> or amend it. >> yes, or amend it, no poison pills. no blocking it at all from coming to the floor. so if you just have six all of the sides and plus 1, you can really bring these to the floor and remember there's that sort of damaclese hanging above their heads. the idea of massive cuts across-the-board. >> but you're saying, norm, that all these people are close to their representative leaderships. you're n

senator harry reid picked max baucus, john kerry of massachusetts and patty murray of washington with senator murray at the co-chair. murray already drawing fire from republicans as her role in a lead democratic congressional fund-raiser, and if the political grumbling is already proving ominous, take a look at markets today enter nosedive territory just as these announcements rolled out. economic anxiety gripping both wall street and main street. with a new poll out today showing 73% of americans think the country is on the wrong track. and nearly half saying the worst is yet to come for our economy. the whole scenario just about sending msnbc's dylan ratigan over the edge. take a look. >> democrats aren't doing it. republicans are not doing it, and entire integrated system, financial system, trading system, taxing system that was created by both parties over a period of two decades is at work on our entire country right now, and we're sitting here arguing about whether we should do the $4 trillion plan that kicks the can down the road for the president for 2017 or burns the place to

co-chair, patty murray, has been announced by reid's office. she's the chair of the democratic senatorial campaign committee. and she's second in line on the senate budget committee, as well. she was believed to be a favorite for this spot. a front-runner, because she is seen as someone who will protect medicare and protect social security. reid's announcement also named max baucus, senator who was part of the deficit commission last year. but he voted against the final plan, which included scaling back medicare. the third member that reid has picked is senator john kerry. all of them expected to do their best to protect medicare, which is a big priority for the democrats. all the names are due in by next tuesday. three each will be selected by speaker boehner and the minority leaders, nancy pelosi and mitch mcdonald. >> thank you so much. >>> and this new so-called committee was a hot topic last night. lawrence o'donnell asked e.j. dion dionne, about what they bring to the table. >> his significance is that they can put revenue on the table. t

patty murray is the chair of the senate democrats on the committee. she is part of leadership in backing key will feel lot of discussion taking place between the caucus and those three folks. >> we had the bowles -some support which would increase tax revenue in the gang of six revenue sort of built on that with similar proposals. now you have president obama making the case recently on a daily basis that would be to compromise and have a balanced package. in his mind, a balanced package means cuts in entitlements and increases in tax revenues. is the president fundamentally wrong that that's where the middle is and where the compromise should be? >> i think most americans believe that in fact the president and the democrats have compromised far too much and of the republicans have given virtually nothing. you can correct me if i'm wrong. john boehner said after this package was passed that he got 90% of what he wanted. paul ryan said he got 75% of what he wanted. i did not hear any democrats talking about what they got. they did not get anything. the

republicans have come out, angry about patty murray's selection, and as you pointed out the president was involved, according to jay carney, with the collection from the democrats. >> well, one of the reasons why republicans are upset about the patty murray appointment is because she's also on the democratic senatorial campaign committee. a lot of people saying, look, that looks bad. she shouldn't be doing both. it's a conflict of interest. she should stop financing and raising money. jay carney today this is a little issue. she's sitting on a committee being charged with dealing with the massive deficit that we have here in the united states. he says it's a non-issue, that the president will not be calling for her to stop raising money or to step down from that committee. so that certainly is getting a lot of attention right now. pat toomey over on the republican side also getting some criticism, tamron. people saying that he's a tea party guy, that he won't be serious about tax reform here, but one more interesting note. dave camp who is on the house ways and means committee has bee

patty murray the she is the incoming budget chair. what everyone is focussing on is he's the head of the democratic congressional senate campaign committee is in charge of candidates of protecting democratic incumbents and raising money for them. that was the controversy there. and of course, john kerry who wanted very much we understand to be on this committee and the finance chairman max bacchus. it's as john was pointing out, it's not really up to this committee. >> it's more up to the leadership. they'll be the surrogates on the committee. there are three things i think that need to be watched. first, is defense cuts versus revenues. i think the fact that the second round of cuts that were culled for by the default deal were cutting so deep in defense is going to confront republicans with choices that they might not want to make between you do you cut defense or increase revenues. there's another little noticed fact or phenomenon which is that health care costs in the last year or two have not grown at the pace that they have hist

patty murray is a businesswoman who understands the business community well. and was successful.is rich. so -- >> greg: he married rich. >> bob: something i would do if i had the opportunity. ja you don't like rich people. >> bob: i like democrat rich people. >> you like rich left wingers. >> greg: rich lab ares are different from rich republicans. they don't want you to get rich. >> bob: there is something to be say about that. but these are three good choices i think in this community, everybody is saying that the down and out on the committee. this committee is the last best chance to get ourselves a long-term debt relief program. >> greg: i disagree. just have another committee. have that committee create another committee. >> greg is right. this committee is manifestation of congress' inability to do what we pay it to do, make decisions. they couldn't decide so they gave it to committee. these are the three most liberal members of the senate. believe in central planning of the economy and that higher taxes on everybody. >> so you are saying you don't like the choice? >> max

democrats have named senators patty murray, max baucus, and john kerry to the debt panel. and republicans are complaining that murray shouldn't get a seat because she's too political. she's in charge of fund raising for democratic senate candidates. >>> and 12 lawmakers are supposed to be named to the committee by tuesday. they're there to pinpoint $1.5 trillion in spending cuts by late november. >>> 10,000 extra police officers kept a lid on the violence in london last night. but rioting and looting spread to birmingham, manchester, and liverpool. police will have all tools available to stop what he says are the thugs as he put it. a cnn ireporter describes the scene. >> you can hear at least ten of them. sounds like i'm in beirut or some -- i don't know, some middle eastern conflict. and i have never witnessed this in the uk. i could have never imagined this. this looks like the gaza strip over here right now. grenades going off left, right, center. >> syria's brutal crackdown is expected to draw a tough new response from the united states this week. government sources t

today, senate majority leader harry reid named democrats patti murray of washington, max baucus of montana and john kerry of massachusetts to that committee. the rest of the 12-member panel is expected to be named next week. in britain, rioting continued to spread from london to other cities. this picture of a woman leaping from a burning building in london was on the front page of nearly every newspaper today. mark phillips has more on the riots and the government's response. >> reporter: the trouble didn't go away on the fourth night of rioting in britain, it just moved north to the cities of manchester and birmingham, where looters tried to take up where those in london had left off. but there were more police and fewer rioters. just as there were in london where police numbers were more than doubled to 16,000 and where they chased trouble down before it could begin. after three nights of looting and burning, britain declared it had had enough. >> this is criminality pure and simple, and it has to be confronted and defeated. >> reporter: where the fires had burned, the morning light rev

the co-chair is patty murray.hen you talk about entitlements cannot talk about the roles of xavier becerra and jim cliburn in these discussions. guest: both of them have strong ties to the democratic base. clyburn, very eloquent. i heard him give a talk during the campaign that was breathtaking. there are not that many eloquent people left in congress. speaking for poor communities, investing in poor communities, xavier becerra also a rising voice for the liberal wing of voice for the liberal wing of the party, did not vote for the final deal pending in an pat toomey with the only two on this panel that could not get on board with raising the debt limit. i think in terms of making the argument for the people bearing the brunt of the entitlement cost, you have two very strong spokesman. winston-salem, n.c.. caller: of the people we have voted in, they are completely out of touch with america. they live in a whole different world. they are in their own little world. this thing with this committee ought to be outlawe

you have senator patty murray, she's on the senate budget and appropriations committee. she's also the chair of the democratic senatorial campaign committee that some people have a problem with. he also has named max baukus and senator john kerry who three days ago, blamed the s&p downgrade on the tea party. >> you're absolutely right. the worry is on the right, that patty murray because she is the head of the democratic senatorial campaign committee in an election year, she's not going to touch any entitlements so you can count on her. same thing with john kerry for the same reason that gretch just mentioned so is there a compromise? maybe max baukus from montana, that's a red state. he was not part of the gang of six but part of the group that eric cantor walked out on. he is a compromiser and some republicans are saying he could be the seventh vote to help us get something done. >> right. i think in this atmosphere, people are looking for common sense and it's compromise and ad herence to some strict principles about debt, about our ability to go forward and pay what

host: patty murray was just assigned to the super committee.rote this piece in "the washington journal" this morning. host: that is true. our educational system is failing the test right now. we have an economy that is becoming more technologically advanced, which requires greater skills. as they pointed out, post- graduate skills in many cases. and we are not filling that need in terms of training. much of it will have to be retraining. another absence in this skill shortage is simply that the older workers worked with that one line of work for a long time. that line of work might be fading and another one might be coming up. not only is it educating youth, it will be reeducating the old war horses like myself to move into another line of work when it becomes available. wax often they are calling for public-private partnerships on this. including an integration of education. that allowstrategy's lawyers to work. -- host: often they are calling for public private partnerships on this -- guest: right now, if you are a business and are training p

patty murray is the incoming chair of the budget committee.ohn kerry is the former relations committee. the components we need to look at tax reform and defense cuts. kerry is the senior policy voice in the party. he can provide some sort of cover for the party once it cuts into the defense budget. those are the three elements i took away from this. fascinating stuff, obviously. >> what do you think about -- we didn't get around to you on the wisconsin battle last night. are you surprised? >> yeah, i guess i'm a little surprised. you know, if all -- labor was very, very much invested in this, obviously. of all the things to get them riled up, the stripping of collective rights is the biggest thing. everyone is worried about their own pocketbooks, the stock market, the jobs market. it was tough to get traction over the closing weeks. two seats picking up last night was decent for democrats in labor. they wanted three seats. it sends somewhat of a message, but it's a setback. >> this is devastating for unions. they called it a historic assault,

and could work well with somebody like kerry or max baucus or even patty murray. one reason she's there also is to protect the liberal flank so that liberals can say, okay, she's going to look out for our interests on this committee. that may not bode well for a result, but i think that's one of the reasons she's there. >> john, certainly, if both sides are going into this with thoughts of just how to protect their flanks, that doesn't really bode well at all. when do we anticipate hearing more names on the committee? >> you know, leader mcconnell and the senate republican side has been home in kentucky this week. he said he will appoint serious people. it needs to be done within about a week and a half now. they had two weeks from the president signing the legislation. that will get the speaker's picks, will get representative pelo pelosi's picks on the other side of the house. we know they're going to have politicians, the question is, for example, no one from the gang of six so far in the senate. harry reid deciding to overpass the democrats on the gang of six.

the naming of democratic senator patty murray of washington prompted howls of protests from the republican party because murray is in charge of the effort to get democrats elected to the senate. what protecting entitlements as a centerpiece issue. murray said in a statement with other democratic senators that the group needed to set aside partisanship. equally controversial was the name of senator pat too mamey w used to run the conservative club for growth whose own purpose is holding the line against higher taxes. but in a conference call, he said he still thinks there's room for agreement. >> this has to be done in a cooperative fashion. it has to be an exercise in finding common ground, between runs and democrat, but it also has to be constructive with respect to reducing our deficit. and it has to be pro growth as well. >> there's no a lot of time to do this work. the committee has to come up with a proposal by chang with a vote in congress by christmas. >> it's going to be a rough haul. >> the alternative to getting an agreement is tough for both sides. deep cuts to into it. ment --

we're reading the tea leaves now the first three members patty murray a senator from washington statex balk cuss from montana and john kerry, of course from massachusetts. interesting because republicans are jumping on the fact that patty murray heads the democratic senatorial campaign committee the one focused on getting democrats reelected is that a good idea when you are focused on policy supposedly not politics. john kerry, of course, a former presidential candidate. i think if you look at matt baucus is he known as a centrist. someone who has reached across the aisle to republicans on issues like taxes. and "u.s.a. today" gallup has a new poll out today saying six in ten americans want this super committee to be focused on compromise not the same old hard line on each side of the partisan divide. we will see hot republicans pick on the other side and whether or not both sides are going to get serious here, shep. >> on a another note we are learning more about the president's trip that he is taking next week, right? >> going to be going on a with us tour three days rural economic

patty murray of washington state will be the co-chair selected by majority leader harry reid. she was a front-runner for that spot. she's the second democrat on the budget committee and the chair of the senate democrats campaign committee. she's also believed to be one who will strongly make efforts to protect medicare and social security. also on this committee from reid, senator max baucus, he voted against the final plan which wanted to reduce a scaled back medicare and also john kerry has been selected by the democrats by the senate side to participate on this committee. interestingly he did not pick his budget chair, anyone from the gang of six that worked on that deficit reduction package or anyone on the commission who voted yes for the deficit package last year. now, these names are all due on tuesday. we're awaiting the other nine very soon. lynn? >> tracie potts for us in washington. thank you. >>> at a somber ceremony in delaware yesterday. the remains of 30 american service members killed when their helicopter was shot down in afghanistan last weekend arrived back

that's washington senator patty murray, montana's max baucus, and massachusetts senator john kerry, and each of them have maintained an absolute commitment to revenue increase through tax reform, targeting the wealthy. but it is a very different story when it come to the six republicans who have been named to that committee. speaker boehner has appointed three members of the house who said that tax increases are a non-starter. senate minority leader mitch mcconnell, his picks include conservative republican senator kyl, toomey, and former bush office of management and budget director, rob portman. and senator portman is seen as a key member of the committee when it comes to fiscal policy. but bottom line, scott, i spoke with a senior adviser to the president today about the makeup of that committee so far, and he said to me, "if you're a betting person, bet on a stalemate." scott. >> pelley: not a lot of common ground. norah o'donnell, standing in front of a little bit of a construction project there at the white house. thanks very much. in afghanistan, the taliban fighters who shot dow

reid announcing he will appoint senators patty murray, max baucus, and john kerry to the bipartisan panel. reid's picks could be a preview of another political fight to come. the republican chairman took issue, saying that reid's appointment is proof that democrats are not serious about deficit reduction. he calls patsty murray the democrats' fund-raiser in chief. they have until august 16th to name members to the 12-member committee. >>> new riots in the u.k. for the fourth-consecutive day, as protests expand into nottingham and manchester. police taking unprecedented action. authorizing the use of rubber bullets. in london, police have been successful bringing calm to the city, after cameron added about 10,000 officers and armored vehicles to patrol the streets. a large police presence is expected to remain in london for at least the next 24 hours. more than 1,100 people have been arrested in the violence so far. and more than 110 police officers have been injured. nbc's michelle kaczynski has more from london. >> reporter: there are new flash points in britain. but nothing like london.

senate majority leader harry reid named senators patty murray, max baucus and john kerry. nine more members are expected to be announced next week, their job is to find $1.5 trillion in spending cuts to reduce the deficits. >>> the results of the wisconsin election are announced. republicans managed to hold on in four of six races. that leaves them in control of the senate. democrats forced the special election after governor scott walker pushed through a disputed labor law earlier this year. >>> just ahead on "the morning news" another american disappears on aruba. >>> plus on the run, the dougherty gang, three fugitive siblings may have been spotted in colorado. fugitive siblings may have been spottpot in colorado. [ female announcer ] we all want cleaner laundry. we all want a world with fewer chemicals. we all want the best of both worlds. introducing all free clear oxi-active. a powerful new detergent without dyes or perfumes that helps get out your toughest dirt and stains. its added natural cleaning boosters help get your whole family's wash incredibly clean. tough

but earlier this week, senate minority leader chose patty murray of washington, montana's max baucus and massachusetts's john kerry. murray will co-chair the group with jeb hensarling. the u.s. has run a $1.1 trillion deficit through july. about $70 billion less than last year's deficit at this point in the fiscal year. the treasury says the change is due to higher government revenues. this comes as a new "reuters" poll, this number caught a lot of people's attention yesterday. 73% of americans now think the country is headed in the wrong direction. 7 3% on the wrong track. while 21% say we're headed in the right direction. according to the a "washington post" poll, 78% say they're dissatisfied with the u.s. political system. the "post" points out that 73% of americans say they're not confident in the government's ability to handle the economy. in 2012 politics, some of the republicans hoping to take president obama's job getting together in iowa. the ames straw poll just a couple of days away now. republican presidential hopefuls participating in a fox news debate tonight. participa

i mean, patty murray, she raises money? unlike every other member of the senate or congress. i'm shocked about that. bill: gretchen, republicans are saying max baucus is the key, he's a moderate guy over the years, he's worked with republicans. is the vote you sway to come to the republican side to get a simple majority? by the way, we should let our viewers know, this is what they need to decide, the deadline for the plan is november 25th, right before thanksgiving, also the goal, to reduce the decifit by $1.5 trillion, in this committee, if the majority passes the plan, there will be an up or down vote in congress by christmas day. without a majority, automatic cuts go to defense and medicare spending. what about that gretchen? >> well, i think these cuts need to be made, and i think, you know, while of course we are disappointed by the democrats, it's because of their record. he could have appointed people from the gang of six who actually have a record of working together, but no, he actually appointed people who don't always have a record of working together and who have

a lot of it around senator patty murray.iations committee, budget committee, but the main thing that republicans are looking at, the chair of the democratic senatorial campaign committee supposed to help democrats raise money, also spends a lot of money for them. and republicans got out of the blocks very quickly saying she shouldn't have been chosen because of this political job she has that's so important to all senate democrats. what's hard for them to swallow, the republicans quite frankly is that the dfcc, which she's been involved in has been out front in opposition to entitlements cuts. so this is all the beginning of another battle that's going to take us, you know, through thanksgiving, all the way up to christmas if it works the way it's supposed to, t.j. >> joe, we have any sense of what the american people want this as you were committee to do? >> yeah, well, you know, we have this cnn/orc poll that just came out and was released this morning. we asked america what this committee should do. the first question, sh

senate majority leader harry reid wants john kerry, max baucus and patty murray. other top republican and house and senate are still deciding whom they will pick. >>> and the obama administration wants to turn thousands of foreclosed homes into rental properties. starting today, it's looking for ideas for properties owned by government-backed entities. the goal is s keep the housing market afloat with many more potential foreclosures expected. >>> apple briefly became the most valuable publicly traded company. while stocks were fluctuating apple moved ahead of exxon at least for a little bit. up almost 6% while exxon gained 2%. both are worth nearly $350 billion. >>> well, a lot of people are mad at standard & poor's after its downgrade of the u.s. credit rating and subsequent market chaos. check out one broker's reaction. she paid for a plane to fly over s&p's new york headquarters with a banner reading "thanks for the downgrade. you should all be fired." >> if she had the money to get that plane, maybe she's not hurting as much as other people, but i think that

patty murray is the chair of the senate democrats. she is part of leadership. i think you will see a lot of discussion taking place between the caucus and those three people. >> we had the bulls-simpson report. -- we had the bowles-simpson proposal and the gang of six proposal which was similar and now you have president obama making the case recently on a daily basis that we need to compromise and have a balanced package. his idea of a balanced package is cuts in entitlements and increases in tax revenues. is the president fundamentally wrong that that is where the middle ages? guest: i think most americans believe that in fact the president and the democrats have compromised far too much and the republicans have given virtually nothing. i think john boehner said that after this deficit reduction package was passed, he got 98% of what he wanted. i did not hear any democrats boasting about what they got. they did not get anything. i think the record the last half year is the democrats have compromised. let me get back to president obama. when he ran for office,

the democratic cochair was patty murray. this was her message in june. >> we're here to tell them it's time to take the benefits of seniors that they rely on off the table. >> reporter: she's chairwoman of the democratic senatorial campaign committee. in other words, her job is defeating republicans, not compromising with them. as for the republicans on the committee, all six of them have signed a pledge promising to oppose any new tax revenue. the key to any deal with democrats. senator pat toomey said recently he didn't even think the debt ceiling needed to be raised. >> everybody knows, including the administration, that if we don't raise the debt ceiling, we're not going to default on our debt. >> reporter: three committee members served on a debt commission that came up with a plan. they all voted against it. most revealing is who is not on the committee. remember the so-called "gang of six" senators who spent the better part of the last year crafting a plan? they were all stiffed. there are still three members of the s

kerry democrat massachusetts also home to a lot of raytheon plants no surprise and us senator patty murray democrat from washington state where boeing is developing the new f. thirty five and to arizona where we have u.s. senator john kyl and more raytheon all right we've got in ohio u.s. senator rob portman general dynamics with a lot of work going on there senator pat excuse me senator pat toomey from pennsylvania also home of the defense contractor be a e systems and finally to the house side we've got united states representative xavier to cerro and in california i mean no surprise there's a lot of aside from the military bases themselves lockheed martin we've got united states representative james clyburn south carolina where there's a new small defense contractor being heralded daniel defense making small parts there kind of doing some civilian some military but of course new jobs for the district one hundred of them with a five million investment up front you're going to see some more military contractors going there we've got united states representative dave camp from michigan as

been announced today not officially but political is reporting that harry reid has settled on patty murray who is pretty solid john kerry who's very solid or more solid and max baucus which. gives me some concern the other the other nine of not that announced any any quick thoughts on that or not you know here's a what i think you know frankly we're we're just concerned about this is the moment of vulnerability you have a couple things at play here is does this commission do something really be completely divided in the trigger goes right in the administration hopes that the threat of these defense cuts will actually force people to think hard and move on to revenue question. whether it was just good defense there may be good if any other wars but also the promise of no cuts to entitlement programs social security medicare medicaid which was true in the first part of this deal and it's true under the trigger. it's more territory here in the congressional commission and we're deeply concerned we want nothing touched there yeah yeah so in the meantime congress is on vacation john boehner is

three democratic senators are going to be max baucus of montana john kerry of massachusetts and patty murray of washington state at the republican senators we jon kyl of arizona arizona that toomey of pennsylvania and. of ohio and we're still waiting on nancy pelosi to announce that the three democrats of the house john boehner has already released the republican house names and they are jeb hensarling of texas dave camp of michigan and fred upton of michigan and the mainstream media is already falling all over itself describing who these lawmakers are what committees they're on what positions they take let's be honest here this so-called super committee that's supposed to save us from more credit downgrades and decide on the future of america's social programs really think they're going to pull this does it matter that it's bipartisan is that going to lead to some truly equal deal the places the needs of the american people first or is it all a charade because as dylan ratigan described it yesterday our congress is bought and joining me from our studio in los angeles is anika sperry and hos

the democratic senators are patty murray, and max baucus and kerry. the republican house members are hensarling, and camp and upton. and the democratic house members, well, pelosi has not told us those yet. and john avalon is the senior politic political columnist. how much does the roster that we have for now matter? >> the appointments we have seen to date matter a lot. the s&p report was clear. it blamed the downgrade on the political breaksmanship in american politics, and these picks are people with no clear record of bipartisan ship. the members of the gang of six that came to reach across the aisle have been entirely cut out from the super commission because of the principled independence. the only members of the simpson committee are people that voted against its recommendations. it races the question how stupid congressional leaders think they are. they won't notice they are actively punish the folks that took the risk to reach across the aisle, and instead clear party line partisan votes. it's a recipe for political paralysis. >> harry reid

>>guest: the number four is patty murray, and max baucus, and john kerry is a familiar name obviouslyesidential candidate and chairman of the foreign affairs committee and the senators issued a joint statement saying "we lock forward to working with colleagues on both sides of the aisle and in both chambers to address the issues in a balanced and practical way." this is not going to be easy, our challenge is to find common ground without damaging anybody's principles, so this is not going to be easy. >>shepard: thank you, mike, we are watching the dow off 450 points at this moment, about 4 percent, and john will be with us in a moment to help us figure out how the appointees to the super committee will operate in the current climate. and a look at an amazing rescue in washington state. where a 12-year-old nearly drowned and at what point paramedics say his heart stopped. weed this for 20 minutes this child was underwater. wait until you hear how it is for a day free of pain. way to go, coach. ♪ maybe not. v8 v-fusion juice gives them a full serving of vegetables plus a full serving of

patty murray of washington state, max baucus of montana and perry of massachusetts. wall street began to climb out of the smoking hole it dropped into after standard&poor's lowers the credit rating on friday. part of the reason, squabbling over the debt. tonight lrks the supercommittee end the squabbling or create a whole new opportunity for it. john king is sticking around for us working his sources. gloria borger has been working her sources. john, what are you hearing from folks in washington about the names that have been given to the democrats by the superkmeechlt. >> the first three of the committee? tonight, max baucus is the chairman of the finance committee. he's known as someone -- liberals don't like this pick because he's prepared to talk about cutting welfare. john kerry, understand, he lobbies for this spot. he's the chairman of the foreign relations committee. but he wants to have a sweeping domestic achievement. he wants to raise his stay chur. he's in the if any committee. he wanted this. senator murray has a tough dual assignment now. she's the chai