paul harry reid and mitch mcconnell say they are optimistic. the senate has its own bill, but the house will go first, correct? >> reporter: that's what we are hearing. senate was up all night to hammer out a deal to get the details nailed down, and now the plan seems to be they are going to pass that deal to the house first because that would eliminate procedural hurdles, give it to the house, let them vote, and then bring it back to the senate, and then to the white house by the end of the day. they are huddling right now in john boehner's office on capitol hill. it is under consider but not done just yet. but it's the outlines of a plan taking shape minute by minute, dell. >> paul if it gets back to the senate is passage there a sure thing? >> reporter: the thinking seems to be if they can pass it to the house, and it comes back to the senate, they will be eager to move it through, but there is always the possibility that people like ted cruz could slow things done. so this is far from certain how it's going to play out. >> so if, and this i

chris i want to ask you on separate topic, any fiscal grand bargain, paul ryan, harry reid on a nevada radio station. >> that's all happy talk. i would hope that were the case, but we're not going to have a grand bargain in the near future. i hope that we can do some stuff to get rid of sequestration and go on to do some sensible budgets. >> lowering expectations or facing facts? >> no, i think facing facts, peter. for all the talk of a grand bargain, look at the last few sort of crisis we've had. there's sadly enough of them we have a working group of examples. we can barely agree on small bore thing much less lets put entitlement reform, tax increases on the table. we're just not there. i don't think we're going to be there until maybe after the 2016 election when some of these big issues of what we should do as a country with our debt and spending problems come -- are judged by the american public. i'm not convinced for the 2016 election. paul ryan and harry are politically realistic, a nice idea. there's nothing in the recent past in terms of congress and their dealings with the pr

speaking of the fed, senator rand paul uh told majority leader harry reid he plans to hold up janet yell yellen's nomination. they want to increase the transparency of the fed. >>> and kathie lee and hoda, we could be facing a wine shortage. there is decreasing production in europe while demand is constant. >> what will hoda and kathie lee do? thank you very much. >>> forget airline tickets. the real money is made from fees, food, sales and booking hotels. revenues are projected to reach $43 billion before adding in what they charge for the ticket. >>> nfl hall of fame receiver lance allworth reported his 1972 super bowl ring stolen 21 years ago. two weeks ago he got a call from a guy who said he'd sill him his own ring for $40,000. the ring was found at auction and returned to the former dallas cowboy. >>> ahead, all your sports highlights including a look at a fiery motorcycle wreck. first some world series trivia. in f the boston red sox whip one more, it will be the first home turf world series victory since what year? 1918, 1953, 2004 or 2007. the answer when "early today" returns.

speaking of the fed, senator rand paul has told majority leader harry reid he plans to hold up januarye yellen's nomination to be fed chairman. he wants the senate to consider a bill to increase the transparency of the fed. and we could be facing a wine shortage in the coming years. morgan stanley cites decreasing production and demand stays pretty constant. >> terrible. thanks so much. >>> holiday a-listers are lining up to give mitch mcconnell a heave-ho. [ female announcer ] you tweeted, posted and cheered about yoplait's fall favorites. so we brought pumpkin pie and apple crisp back for a limited time. see? you really do call the shots. ♪ yoplait. it is so good. he was a matted messiley in a small cage. ng day. so that was our first task, was getting him to wellness. without angie's list, i don't know if we could have found all the services we needed for our riley. from contractors and doctors to dog sitters and landscapers, you can find it all on angie's list. we found riley at the shelter, and found everything he needed at angie's list. join today at angieslist.com be careful bab

senators harry reid and paul ryan agree. there is no "grand bargain" in the works.itter partisan politics they say a small deal that takes the edge off of automatic budget cuts known as sequestration is all they are hoping for official capitol hill negotiations start next week,. the latest deal, that reopened the government after a two week shutdown, and barely avoided a u.s. default by raising the debt ceiling, only lasts a few months. the government is only funded through jan. 15th, and the debt ceiling was only raised through the first week in february >> following this story out of saudi arabia. a big protest planned by that country's woman. what will they be doing?driving! it's illegal for women to drive the ultraconservative kingdom..although there is no specific law, these rules are enforced by the islamic establishment.saudi women have been taking to the internet to plan their protest. and saudi's interior ministry is now threatening women with up to 5 years in prison foren beinh this protest on the internet >> the white house may soon face more angered head

senators harry reid and paul ryan agree. there is no "grand bargain" in the works.ay a small deal that takes the edge off of automatic budget cuts known as sequestration is all they are hoping for official capitol hill negotiations start next week,. the latest deal, that reopened the government after a two week shutdown, and barely avoided a u.s. default by raising the debt ceiling, only lasts a few months. the government is only funded through jan. 15th, and the debt ceiling was only raised through the first week in february >>james:following this story out of saudi arabia. a big protest planned by that country's women. what will they be doing?driving! it's illegal for women to drive the ultraconservative kingdom..although there is no specific law, these rules are enforced by the islamic establishment.saudi women have been taking to the internet to plan their protest. and saudi's interior ministry is now threatening women with up to 5 years in prison for even being involved with this protest on the internet the white house may soon face more angered heads of state

paul ryan talks b-entitlements, tax reform, debt? >> i think that's clearly the strategy including the senate. the big player moves from boehner to harry reid because senator reid doesn't want to take up any of these things and if they are taken up he'll insist on taxes and we get right back to that question of whether republicans have any deal that has any new revenue in it. harry reid will become the focus of this moving off of boehner as we move towards a senate deal and then ping pong over to the house. >> i was going to say to another point that joe is raising which is if part of where people have

senators harry reid and paul ryan agree. there is no "grand bargain" in the works.nstead, the wisconsin republican and the nevada democrat both say the best washington can do in this year of bitter partisan politics is a small deal that takes the edge off of automatic budget cuts known as sequestration. official capitol hill negotiations start next week, but ryan and reid are both tamping down any expectations. following this story out of saudi arabia. a big protest planned by that country's woman. what will they be doing?driving! it's illegal for women to drive the ultraconservative kingdom..although there is no specific law, these rules are enforced by the islamic establishment.saudi women have been taking to the internet to plan their protest. and saudi's interior ministry is now threatening women with up to 5 years in prison for even being involved with this protest on the internet the white house may soon face more angered heads of state and government over alleged u-s spying of its allies. is france and germany have blasted the u-s for allegedly gathering fren

and now to capitol hill, moments ago harry reid introducing a clean bill to increase the debt. and here to talk about the proposal, rand paulce to see you. >> good to be with you. >> how much in the know does harry reid keep the republican side of the aisle? >> i don't know, but it seems like they're concerned with probinging us from seeing the national parks. guarding the highway so we can't see mt. rushmore, sending security guards to the world war ii memorial about seems like they ought to be concerned with beggar problems. >> and the debt ceiling being one of them? >> and i think what americans don't like about this, it seems we lurch from deadline to deadline. we don't seem to be doing anything in between. and there is a lot of room where we could find common ground. it's also about a $17 trillion debt spp that de debt. is that harming our cuountry. >> where is that common ground? >> it's elusive, but the common ground might be that we together -- we get together and we say there are things that are broken. for example, they're broken not because i broke them or republicans did or democrats. social security is broken.

we got to work harder. >> final thought from alice then we've got to go. >> paul, with all due respect, you act like harry reid has bent over backwards to compromise. >> yes. >> when basically what he's agreeing to is common sense spending levels. >> it's the law. >> we've racked up more debt under obama. >> you say it's common sense but it's not what the democrats wanted, correct? >> it's hard for the democrats to do. i help president clinton balance the budget and republicans wanted our surplus. >> spending levels were already current law, paul. he simply agreed to current law. he didn't agree to cuts that weren't already in the law. that's simply not true. >> that day when they're willing to put the full faith and credit of the united states at risk to save obama care is a sad day. >> appreciate the panel for being here. for more go to cnn.com. >>> just ahead a lady who's 92 years old itching to get back to work. she's working. she's the nation's oldest national park ranger. she's been furloughed because of the government shutdown. she herself says, i don't have a lot of time left. what they're doing in was

senator paul sent a letter to majority leader harry reid officially announcing his intent to hold up yellen's nomination to be fed chairman. >>> joining us for more is julia coronado, chief economist of pnb paribas in the states. here in the studio, kevin adams at hinderson global investors. julia, good to see you today. look, what is your view of the health of the u.s. economy at the moment? retail sales figures on tuesday said -- suggested consumption growth gaining momentum at the end of the final quarter. but a confidence measure down at a six-month low. >> well, i think broadly speaking, the data has confirmed the fed's caution. most measures, including very importantly the hiring measures, have disappointed and slowed in the last few months. consumer spending, actually, what we saw was a tradeoff. less auto purchases, more other things. on balance, consumer spending is tracking pretty much around 1.5% in the second half of the year. all of that is not disastrous, but it is certainly not the pick up that the fed had looked for in the second half of the year, hence their caution

harry reid was doggone difficult. he got democrats and a socialist to agree to republican levels of spending on programs that democrats really really care about. they essentially signed onto the paul ryan levels of spending on all the things that they care about. helping children, helping women, helping the disabled, helping education. that was really really hard to do. so now now boehner has to do something hard. he has to deliver. he has to reopen the government and he has to pay our bills. and then we can go back to legislating which is the give and take you're talking about. there's lots of things you could propose to change in obama care. democrats want to have a gun safety bill. we don't have the votes for it. we didn't shut down the government over that even though

bill: senator rand paul over the weekend. harry reid is going a step further ending sequester cuts. republicans say that is not going anywhere. could this unravel now. senator bob corker with me from the hill. good morning to you. >> good morning, bill. bill: i saw you a bit earlier. you said we'll have a deal by the end of the day today. are you still going with that? >> i said i hope we have a deal. as you just mentioned, bills the problem is over the last 48 hours, democrats unbelievably have been wanting to break the budget caps put in place in 2011. i think you know this is the first time since 1955 and 6 we had two years in a row of reduce spending. obviously they don't like that. they took what they thought was, they thought they were in a better place than us and tried to take advantage of that, hopefully, that move has been brought back to the middle and if so, maybe we can move ahead today with an agreement. they certainly were overreaching. bill: couple questions here. why do you think harry reid was going for this reversal of sequestration at the late hour? >> well, look

republican house budget chairman paul ryan and democratic senate majority leader harry reid are bothn talk. >> i hope that we can do some stuff to get rid of sequestration and go on to do some sensible budgets. budgeteteering. i've got a wonderful leader from this budget committee, patty murray if the state of washington and think she'll do a great job nor us, but i don't see a grand bargain happening. >> still talking about a balance plan. requiring new revenue as part of a long-term budget blueprint to replace the sequester but no one expects that to happen. the 29-member group, their first meeting is tomorrow and don't have anything planned after that. joining us tonight david stockman. author of the best selling book "the great deformation: the corruption of capitalism in america." honor to have you here, mr. stockman. you've been through eight shutdowns. >> i've been through eight of them. there is not going to a grand bargain. there is going to be a bipartisan dance of the ostriches with their head in the sand stumbling forward until the next crisis. >> so we get the instant re

republican budget committee chairman paul ryan and the senate majority leader harry reid say it won'tome sort of large scale deal will come out of the negotiations formally scheduled to start next week. congressman tom cole joins from us capitol hill. right now he's a member of this house/senate budget committee. thanks for coming in. >> great to be with you, wolf. >> so can we forget about a so-called grand bargain? are we going for a lipped small scale deal? >> who am i to contradict did the chairman of the budget committee of the house of representatives? look, i think they're right to try to keep expectations in line with the achievable instead of the ideal. but what could be achieved could be pretty significant. we're about $90 billion apart in terms of the house budget and the senate budget. if we could, you, know, find a compromise in the middle we could pay for with either savings or with what i'd call growth revenue, not raising taxes but finding ways that would generate international revenue, that would be a good thing for this year and posit a number for next year so that t

. >> paul, with all due respect you act like harry reid bent over backwards to compromise. >> yes. >> when basically what he's agreeing to is common sense. >> current law. >> we racked up $6.1 trillion of debt under president obama -- >> but you say it's common sense but not what the democrats wanted, correct? >> it's hard for the democrats to do -- >> paul -- >> [ overlapping speakers ] >> the sequester levels in spending were already current law, paul. he simply agreed to current law. he didn't agree to cuts that weren't already in the law. >> we got -- >> it's the sad day when they are willing to put the full faith and credit of u.s. at risk to save obama care. that's a sad day. >> appreciate all you being here. >>> just ahead, lady is 9 two years old itching to get back to work. she's working, the oldest national park ranger and furloughed because of the government shutdown. she says i don't have a lot of time left and what they are doing in washington is affecting me badly. i'll talk to her. what she wants to say to congress. >>> kendrick johnson's parents are trying to absorb th

the same democratic party that ran ads paul ryan pushing an elderly grandma off the cliff, harry reidu heard him say why would we want to fund nih if we could save one child. president obama is dishonest. he and eric holder sent letters to their employees during the shutdown and said we are working with congress to make sure you get back to work. but is he negotiating? he's not. he's not only dishonest about the american people and their stance but the people at their furloughs not getting a paycheck. >> this is a president who said the time has come to stop the name calling. and then you see that clip that you just showed. the president has for years been the most polarizing president we've ever had in history according to all the polls that have been taken on that measure. he doesn't realize the president has that power to set a tone and oh people follow it .. the tone he's sending has been a divisive one almost from the start. the republicans have contributed to it as well, sean. init's incumbent on all of them to figure out how to get out of it. it remains to be seen whether they'

it is time for harry reid to say yes, go ahead and do it. do something. paul?his is what they need to do. do something, something is fund the government. they have to say, look this is why these continuing resolutions exist. once and a while we hit loggerheads like this and we say, okay, we're going to continue funding the government and then debate the other matters. but that's the fundamental obligation of the congress. there is nothing else to negotiate here. fund the government or they don't. and a notion that -- this is the problem with journalists covering this, they fall into this garbage of equal blame and false equivalency, that's often the case. sometimes it is not the case. this is the time where the tea party republican has hijacked a perfectly honorable political party and taken it off a cliff. that's the story here. >> just because we asked tough questions and challenge you does not mean we have agendas. i nailed you as hard as i nailed the republicans and i'm so sick of being the messenger getting attacked when the rest of the people are so sick

these are the people that harry reid works with on a daily basis, my exclusive interview with harry reid is coming up next. plus, i need to tell you that senator rand paulas responded, kind of, on our recent reporting of rand paul plagiarizing some of his speeches. that is coming up. >>> when congress finally voted to reopen the government after a 16-day shutdown, that cost the economy in excess of $20 billion. but congress finally voted to reopen the government after 16 days. they voted also not to hit the debt ceiling on the very last day that it was possible to avoid hitting it. and the official history of what happened in washington that night they took those votes is that the adults in the republican party finally took over, right? the moderates, can we call them moderates? the republicans who at least decided not to self-inflict a nationwide and potentially a world-wide economic catastrophe were allowed to cast their votes accordingly. so those votes were taken and we did not default on our debt and the catastrophe was avoided. we avoided the catastrophically destructive act because some in the republican party were sane enough to know they had to

paul ryan budget. and that was their compromise. so by doing this, harry reid is at last focusing on the fact that, yes, we compromise already and it was terrible. so now we're going to up the ante. what he does with it is we don't know, but at least it gives them something to bargain away, the democrats are always bargaining away their power before they start bargaining. >> where did this come from? i think a lot of people seeing the news reports yesterday, wow, suddenly the democrats make a stand here on sequester at this moment, i don't think people saw that coming. is there a back story here that brought this about? >> the playbook they're playing now could not be more different from the 2011 playbook when they caved immediately. i think obama had enough of this. he said the 2012 election would hopefully break the fever of the tea party. that proved not to be true. he's making a stand now. saying no more extortion, no more hostage taking, and trying to set a precedent for any future president, this is not the way to run a government. he is drawing a hard li

these are the people that harry reid works with on a daily basis, my exclusive interview with harry reid is coming up next. plus, i need to tell you that senator rand paul has responded, kind iof, on our recent reportig of rand paul plagiarizing some of his speeches. that is coming up. [ rob ] our daughter is all kate. same grin, same walk. and the same beautiful hair. [ female announcer ] nice 'n easy. in one step get expert highlights and lowlights. for color they may just think you were born with. [ rob ] i'm a lucky guy. [ female announcer ] with nice 'n easy, get the most natural shade of you. wears off. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. the end of trial and error has arrived. try a free sample at eucerinus.com. the end of trial and error has arrived. at a ford dealer with a little q and a for fiona. tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee, affording peace of mind to anyone who might be i

but paul b ryan and the republicans refuse to appoint conferrees. harry reid to conference and the republicans objected. >> talking now about sitting down and talking we have been waiting to do it for six months, steve. that's what we ought to be doing. what we need and what the president is saying is, look, we need a short-term bridge, six weeks. they are talking ten. but six or ten weeks the to sit down and talk. like any democracy needs to do, compromise. >> all right, steny. thank you so much. >> congressman steny hoyer. >> i may disagree with you but, you know what, i can talk to you. >> how was dealing with joe compared to dealing with these guys? >> i was a little rough around the edges. >> joe wasn't as tough. he talks a tougher game than he plays. he plays a reasonable game ultimately. that will hurt him. >> he just talked about the right wing nuts that were tough on gingrich. >> yeah . >> we ran him out of town. >> yes. >> we were tough. >> they ran him out of town and the result of the deal with clinton gave us four years of budget balance. >> thank

paul, always great to have you with us. you've heard speaker boehner, nancy pelosi and harry reid. harry reid just said very clearly, they're not negotiating. they appear to agree on one thing. the democrats said they are locked in tight on obama care them won't put it on the table. >> i think one of the interesting things, i hear from the american people, why don't you compromise? i would think you have to negotiate. that means discussing your differences and trying to get in the middle between the two. we've been offering some compromises. i think that's what the american people want. we started out with a position that we don't want any obama care. that's what we believe. the president wants all of it. 100%. i would think a compromise would be both sides. >> what about what you all are asking for, a short term resolution which is what the republicans have asked for. and he is saying, i thought you care about long term fiscal responsibility. he had a point. and then nancy pelosi said they have agreed to something they don't want to agree to, a spending cap of $988. something you'

rand paul placed a hold on janet yellen bid to serve as the next chair of the federal reserve. and new problems for the budget deal. harry reid and even some republicans are now talking tax hikes. don't do it, gop, it's a big mistake. get this, the president doesn't even think we need spending cuts. that's all. listen to what he just said a few hours ago in brooklyn. >> session with cutting just for the sake cutting hasn't helped our economy to grow it's held it back. it won't help us build a better society for your again regulate. and by the way, it's important to remember, for those who are following the news, our deficits are getting smaller. they have been cut in half since i took office. >> unbelievable. president doesn't want spending cuts, democrats and even some republicans want tax hikes. not good. all those stories and much more coming up in the kudlow report beginning right now. >>> good evening everyone i'm larry kudlow. this is "the kudlow report". we're live here at 7:00 p.m. eastern and 4:00 p.m. pacific. the obama administration is making bold new obama care promises this evening. the man charged with fixing o

. >> harry reid seemed to be very happy to -- >> a conversation between rand paul and mitch mcconnellppened. they didn't realize they were miekd. or mitch mcconnell knew. let's listen to the conversation. a fascinating window on two politicians talking. >> all wired up here. >> i just go over and over again. we're p willing to compromise. we're willing to negotiate. i don't think they poll tested we're willing to negotiate. that's awful for them to say that over and over again. >> i do, too. and i just came back from a two-hour meeting with them. that was the same view. >> i think if we keep saying we wanted to defund it. we fought for that. now we're willing to compromise on this. i think -- i know we don't want to be here but we're going to win this, i think. >> charles, when you hear that what do you think? >> oh, my gosh. it's just disgusting. really. >> politics. >> wait a minute. this is disgusting. because what this is saying is, this is not really about the american people. this is not about governance, not about running the country. this is really about arm twisting. this is

harry reid to talk to me. or allow patty murray to talk to paul ryan. the president can't sit there and say, i'm not going to negotiate. >> what the president has said, he believes that the consequences of negotiating over a debt limit and re-creating a cycle of crises are worse. >> every president in modern history has negotiated over a debt limit. debt limits have been used to force big policy changes in washington. and guess what, george? they're going to be used again. >> is there a way for this to be solved in a parallel tracks? both of you say you're not going to be giving in on your conditions. but basically, you both do. >> george, i'm ready for the phone call. i'm ready for a conversation. i'll take anybody on the democrats' side who wants to seriously sit down and begin to work out this problem. i'm a reasonable guy. i'm a reasonable guy. but i didn't come to washington to be a congressman. i came here to do something -- >> you're saying this is your absolute position. if the president continues to refuse to negotiate over the debt limit, if d

paul ryan about how they want to cut spending, they're being nice to each other, the aggressive campaigning has been taken behind the scenes. long term entitlement cuts for short term spending increases and you've seen harry reid say to us this looks like you're asking you to increase defense spending to lift the sequester. that doesn't sound like a good deal for us. we'll see how much twar actual freedom they have to cut a deal. >> fair to say the best bargain would be the democrats, given michigan mcconnell said he doesn't want to go through another threat of shutdown. they don't have to give that much in order to avoid that cries you again. >> if you are michigan mcconnell, the government could shut down, after this budget deal potentially falls through. he says he thinks this deal will probably fall through. but then a cr battle where the government will shut down because you want to cut social and medicare by insisting you don't do that. that doesn't seem like a viable position to put themselves through. not just what happened at the beginning of october. >> it seems like they're kicking this over to the senate democrats to lead the negotiations and the president is simply taking a wait-and-see approach t