let me begin with speaker boehner's speech last night. "politico" frames it like this. is a risky proposition that could force john boehner to accept less." do you share that concern? guest: first and foremost, we need to do something about the debt ceiling. the president thinks we're going to of a clean bill. i think that is fantasy. if you look at the polling theyrs, they are seeaying want a massive reductions in federal spending. host: are you standing behind your leader, speaker boehner? will you also require $2 trillion in spending cuts? guest: i was stuck in an airport coming back, so i did not hear the speech. the number one thing is that we do not have spending reductions. over the last several years, under speaker pelosi, with $5 trillion added to the national debt, we need to continue on with that. host: it sounds like you're not ready to go as far as the speaker did last night. guest: without having exactly what the speaker said -- the people back home say we cannot keep passing this down to our kids and their kids. the top thing you have to do is reduce the s

speaker boehner has to govern, he has to be part of the process of compromise. yet, the republican candidates want to distance themselves. how will that dance play out? and how will they work together to craft a message for the republican party over the next year or so before there's a clear candidate for the republicans? >> that's a very good question, eliot. i think it's going to require some greater discipline than the republicans have shown so far. especially as we work our way through it the next few weeks on the debt limit. you know, we hit the national debt limit today, and we've got 11 weeks essentially to get a resolution as speaker boehner is essential to that. i think would think that speaker boehner will get support from the republicans and how they crafts this. it's really going to hurt the petition if there are divisions officer that. let me just add, eliot, you know, it's very early on the national health care debate. a lot of nprs haven't formed on some of these issues yet. issues come and go. already, one feels that pretty kay as important as th

and john boehner into the speaker's chair. yet we have been deeply disappointed. instead of a fighter for u.s. taxpayers, u.s. -- john boehner has been a surrender rest, if that is a word, who weighed so right -- to wave the white flag before the first shot is fired. instead of delivering the $100 billion in cuts, he opened the bidding at $35 billion. and yet actually obtained just $20 billion. a split in the ocean, folks. worth about five days worth of u.s. borrowing. why? it seems house speaker john boehner and his fellow republicans in name only love to spend other people's money just as much as the democrats. last year, a house republican minority joined with the tea party to fight furiously against obama care. once in power, the house republican majority, after a hollow, purely symbolic repeal the, have at the lee refused to use their genuine power to fix obama care, medicare, medicaid, or any of the other out of control entitlements and abuse of washington spending which threaten to bankrupt our nation and destroy our currency. not even a question. washington

is saying right now but then speaker boehner can go to the tea party and say this is the best deal i got for you it's the thirty eight billion info cuts or whatever it's going to be in will wind up caving so what's the real problem here is that the way that our political system works the way that everybody is constantly just looking for the next election cycle right as you said is just about showing some signals that maybe we're actually have these goals in mind that we want to reduce government spending it's about getting a few concessions but and can anybody honestly have a real conversation about what we need to do to get our financial house in order to make it so that we don't have fourteen trillion dollars in debt if it's constantly acute here election cycle and everyone is worried about their own but well actually it's their financial loss is in order what's not orders are economic house we had a housing bubble the media didn't want to talk about and they should talk about that because it was easy to see that was going to blow up put the economy in a really deep hole and actual

speaker of the u.s. house of representatives, john a. boehner. he was sworn in january of 2011. as the 61st speaker of the house. speaker boehner is in his 11th term as representative for the 8th congressional district from ohio. speaker boehner is the second of 12 children. at the age of eight he was already sweeping floors in the family tavern. he went on to graduate with a degree in business from xavier university in cincinnati. before entering politics the speaker ran a small business in the plastics and packaging industry. and he and his wife debbie have been married for 38 years and have two daughters. the speaker was first elected to the ohio general assembly in 1985 and was subsequently elected to congress in 1990. in the 104th and 105th congress his colleagues elected him to serve as the house gop conference chairman. in 2006, speaker boehner was elected to serve as the house majority leader. he has served on the house agriculture committee and is vice chairman of the housed a administration committee and chairman of the house committee on education and the workforce. fo

house speaker john boehner has now unveiled what he hopes for in a final deal on spending cuts. newshour congressional correspondent kwame holman reports. >> reporter: the debt debate in washington heated up again with the federal government set to hit its legal limit on borrowing in less than a week. house speaker john boehner laid out his conditions for raising the debt kreeling in a speech last night in new york. >> let me be as clear as i can be. without significant spending cuts and changes in the way we spend the american people's money, there will be no increase in the debt limit. and the cuts should be greater than the accompanying increase in the debt limit that the president has given. we're not talking about billions here. we should be talking about cuts in trillions if we're serious about addressing america's fiscal problems. >> reporter: the government is expected to hit the $14.3 trillion debt ceiling no later than may 16. treasury secretary timothy geithner has said he can keep the country out of default until august 2 through a series of accounting maneuvers. but

. >> speaker boehner said he is only going to allow the debt ceiling will vote if the cuts are more than the debt ceiling rate. they are only at one trillion dollars now. >> you ask me to put a number on it earlier. i am not going to put a number on it. i have a sense of what i think is significant, and i'm not going to get more specific than what i told you. i think we need a top line for 2012 and 2013 that continues to push discretionary spending downward, and we need significant entitlement reform, but i'm not going to put in any numbers. i'm not going to put a number on it for myself. i am just telling you what it would take to get my vote. not irrelevant will be the market reaction to this, standard and poor's and others. they need to look at this and conclude that this is not smoke and mirrors. this is not maybe do something some day. this is real. this is guys who came together, understood that admiral mollen and erskine bowles were correct and that we're doing something important and sustainable to get our house in order. that is what it will take to get my vote. the details of i

speaker john boehner said this week, "you know what? we'll be happy to help you raise the debt ceiling. we want equivalent deficit reduction for every dollar we raise the debt ceiling." can you even start a conversation on that? >> first of all, we both agree... john boehner and i agree that we have to reduce our deficit. second of all, we both agree that we have to raise the debt ceiling. now, a lot of americans, by the way, when you ask them, should we increase the debt ceiling, they say "no, we've got enough debt. why would we increase our limit on our credit card when we can't pay what we've already got on there?" the problem is that the way the federal government finances itself is we sell debt to investors, other countries, et cetera, through treasury bills. and if, at any point, somebody thought... if investors around the world thought that the full faith and credit of the united states was not being backed up, if they thought that we might renege on our i.o.u.s, it could unravel the entire financial system. we could have a worse

and so i would ask speaker boehner to show some good faith. some on his side of the aisle have said these subsidies don't belong. they were created when oil was $17 when we worried about production here. oil went over $100 a barrel again yesterday. the oil -- you don't have to worry about their desire to explore. they're looking for every place they can. they don't need a tax subsidy to do it and some might argue well, what about the small and middle-sized companies? well, many of us believe they too shouldn't get the tax breaks much but this bill that senator menendez will be introducing shortly doesn't even touch them. just the five big oil companies much just the tax breaks that they now get. why not? a perfect way to start off this debate and show some goodwill, democrats have agreed to cuts, lots of cuts. people on the other side of the aisle can show some agreement on revenues. this area of revenues, which almost nobody can dispute, shouldn't be there. and so the time to repeal these giveaways is now. we would most prefer do it in a bipa

in an interview today with harry smith, house speaker john boehner tried to reassure worried seniors. >> the retirees are going to be taken care of. there's no ifs, ands or buts about that. but we all know that if nothing has changed, seniors' benefits will get cut. why? because they're unaffordable. that's why we have to deal with this and we need to deal with it now. >> couric: and you can see more of that interview with speaker boehner this sunday on "face the nation." still ahead here on the "cbs evening news," earning extra credit-- what some california schools are doing to avoid the budget ax. but up next, one of the world's top artists is behind bars in china's latest crackdown on dissent. hey, pete. yeah, it's me, big brother. put the remote down and listen. [ male announcer ] this intervention brought to you by niaspan. so you cut back on the cheeseburgers and stopped using your exercise bike as a coat rack. that's it? you're done? i don't think so. you told me your doctor's worried about plaque clogging your arteries -- what did he call it... coronary artery disease. that ch

monday, house speaker john boehner said republicans would demand $2 trillion in spending cuts, as thece for raising the debt ceiling. and today, like senator mcconnell, he insisted that tax increases not be part of any deal. >> this is the moment, and this is the opportunity for america to get its fiscal house in order. i believe that raising taxes on the very people that we expect to reinvest in our economy and to hire people is the wrong idea. for those people to give that money to the government, that means it won't get reinvested in our economy at a time when we're trying to create jobs. >> reporter: amid the verbal sparring, vice president biden and a bipartisan group of house and senate lawmakers held a third round of talks on deficit reduction and there was more action at the capitol. the spending fight spilled over into a senate hearing today with top executives from the five largest oil companies. democrats on the finance committee said if republicans are serious about cutting spending, they would support ending tax breaks for the oil industry. democrats argue that doing away

. >> house speaker john boehner, slowing down the gauntlet in negotiation over raise the federal debtling. here's that debt clock again. we have a live picture. the stakes couldn't be higher, what is the solution? >> joining me now, john hawk hawks-eakin. and nobel prize winning economist from "the new york times," paul krugman, fdic chairwoman, shiela bair and former deputy treasury secretary roger altman. thank you all for being here. this seems to be a never ending conversation but the limit we're picking up again. how is president obama to respond to the call for trillions, not billions of dollars in cuts? >> i think he cannot -- if he gives in on this, he's setting himself up for repeated blackmail. he's basically saying i care about the economy, more than the republicans do and therefore, every time they threaten to blow it up. even though it hurts all of us, i give in. obama has very little wiggle room even though it's a terrible thing. >> lots of economists saying the republicans are playing with fire. exceeding the debt limit, hitting it is not like shutting down the governme

listen to speaker boehner discuss ryan's plan in an interview with john karl. >> it's paul's idea. >> reporter: how do you feel when speaker boehner tells abc news that he's not vetted to your program. it's a good idea. one of many. >> it's an institutional statement reflecting budget resolution, a budget resolution which we passed, it's the architecture of a budget. >> you didn't take it personally? >> no, it wasn't meant to be personal. i didn't take it that way. >> are you sure about that? >> yeah, i talked to him quite a bit about this. >> reporter: and with that, we alive r arrive at our next stop. some booed, but mostly cheered. the crowd is largely supportive. >> i want to thank you for being a bold person and standing up and saying we can't continue this way. >> reporter: still this man is angry, that ryan's plan refuses to tax the weltiest. >> i think people think this is magic fairy dufrt. make some people pay more taxes it will fix all our problems. let's keep our eye on the ball. it's spending. the sooner we get this under control, the better off everybody will be? >> how

and john boehner into the speaker's chair. yet, we've been deeply disappointed. nstead of a fighter for u.s. taxpayers, mr. boehner has been a surrender is, if that's a word, who waved the white flag before the first shots are fired. before the battle is even joined. instead of delivering that 100 billion promise cuts, mr. boehner opened his baby at 35 billion cash at his bidding at 35 billion obtained 20 billion, spit in the ocean, folks. worth about five days worth of u.s. borrowing. y.? it seems house speaker john maynard boehner and his fellow rino republicans in name only fled to spend other peoples money just as much as the democrats. last year the house republicans minority joined with the tea party to fight fiercely against obamacare. but once in power this year, nader's house republicans majority, after a hollow purely symbolic repeal vote have adamantly refused to use their genuine power to fix obamacare, medicare, medicaid, or any of the other out of control entitlements in abusive washington spending which threatened to bankrupt our nation and destroye

lawmakers seem to be at a complete standstill in the fight over the us debt yesterday house speaker john boehner demanded trillions of dollars of cuts in spending in exchange for the votes necessary to push up that ceiling here's what he had to say in a speech in new york let me be as clear as i can be without splits significant spending cuts and changes in the way we spend the american people's money there will be no increase in the debt limit and that crutch should be greater than the accompanying increase of the debt limit but the president has given we're there are talking about billions here we should be talking about cuts in trillions if we're serious about addressing america's fiscal problems. i mean the should be are small clubs real reforms to these programs are not broad deficit or deficit targets that punt the questions to the future actual cuts in what's defense spending that's not going to happen entitlements democrats are going to budge on that and neither will the voters that put these guys into office and what about raising taxes well no that's also a deal breaker for the g.o.p.

speaker john boehner trying to force bill yonce of cuts to spending.lowing through on that promise could cost the republicans in next year's election. mark matthews has the latest. >> it is a month ago now that the government almost hut down over billions of cuts to federal spending. now the speaker of the house said the cuts will have to be in the trillions or the house republican will refuse to lift the debt ceiling and the government will run out of money. >> speaker boehner said trillions must be cut or else. >> without sig fant - significant cuts there will be no increase in the debt limit. >> that resonates well with the tea party members. >> we got in the situation by spending trillions more than we have. we have trillion types of cuts in order to get us out of this situation . >> republican lawmakers got an earful of voters unhappy about voting to cut medicare and medicaid. >> democratic organizations are playing up the refusal to raise taxes on the rich. >> when you cut nutrition programs and tax breaks for multimillionaires. >> ads played and

senator -- i'm sorry, speaker boehner has said $2 trillion. of course, he didn't say over what period of time, so, you know, we're looking at large amounts of money that we have to work towards saving, and, you know, senator conrad is making presentations to us that he has in the caucus the last two weeks. we can certainly do that, but it can't all be done by cutting domestic discretionary spending. it has to be a fair approach to more balancing the budget. something with domestic discretionary. we have to do something on defense and a better job with the taxes. >> what should be the ratio of taxes? three to one, one to one? >> senator conrad presented today 50/50. >> are you going to -- [inaudible] what about alternative energy sources? >> we're going to work on that, but i think right now the message american people want to hear is not have a complicated message, these subsidies and oil companies are necessary, and we should get rid of them, apply that $21 billion to the deficit. >> senator, on immigration today and this morning you said you

that is putting pressure on speaker john boehner? >> there is no doubt that we put pressure on speaker john boehner and other members of congress to say we're watching your actions. actions speak louder than words. but the the forgive me if this -- for give me if this is repetitive. the first speaker i heard was calling boehner and ryan rhinos. >> he is a republican in name only. the press will agree that we were highly responsible for john boehner and the house tea party caucus, which they call themselves, to get elected. we expect that definition, we are defining them as republicans in name only on one issue. if they will hold the ceiling on the national that, they're not. if they raise it, they're going to be advertised ever where it will run candidates against them in their districts if they raise it, on that one issue only. they have time to change. they moved the date to august now. we're going to pressure them. >> i am looking at the revenue stream compared to the gross domestic product. we increased spending by $800 billion. t

i hereby appoint the honorable eric cantor to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the prayer will be offered by the guest chaplain, rabbi jeremy, the conservative synagogue, west port, connecticut. the chaplain: dear god, source of all strength, compassion and peace, we know that our time on this earth is preciously short so please, open our eyes to the beauty of the world around us. remind us that each person we encounter is created in your image. provide us with the integrity, wisdom and patience to listen to those with whom we do not agree and learn were those who we might otherwise not hear. protect the courageous men and women who put their lives in danger each day so that our children can live safely and without fear. comfort us today as we mourn with the people of missouri following the tragic loss of life brought upon by the devastating forces of nature. and finally, bless our leaders and advisors, including the dedicated men and women of this united states congress who seek to protect our s

speaker of the u.s. house of representatives, john boehner. he was sworn in in january of 2011 as the 61st speaker of the house. he is in his 11th term as representative for the eighth congressional district of ohio. he is the second of 12 children. at the age of 8, he was already sweeping floors in the family tavern. he went on to graduate with a degree in business from xavier university in cincinnati. before entering politics, he ran a small business in the plastics and packaging industry. he and his wife debbie have been married for 38 years and have two daughters. the speaker was first elected to the ohio general assembly in 1985 and was subsequently and elected to congress in 1990. in the 104th and 105th congress, his colleagues elected him to serve as the house gop conference chairman. in 2006, he was elected to serve as the house majority leader. he has served on the house agricultural committee and as vice chairman of the house administration committee and chairman of the house committee on education in the work force. following his spe

we're honored tonight to hear from the speaker of the united states house of representatives, john boehner. he was sworn in in january of 2011. he was the 61st speaker of the house. speaker boehner is in his 11th term as representative for the eighth congressional district from ohio. speaker boehner is the second of 12 children. at the age of 8, he was already sweeping floors in the family tavern. he went on to graduate with a degree in business from xavier university in cincinnati. before entering politics,, he ran a small business in the plastics and packaging industry. he and his wife had been married for 30 years and have two daughters. the speaker was first elected to the ohio general assembly in 1985 and was subsequently elected to congress in 1990. in the 104 and 105th congress, his colleagues elected him to serve as the house gop conference chairman. in 2006, speaker boehner was elected to serve as the house majority leader. he has served on the house agricultural committee and is vice-chairman of the house administration committee and chairman of the house committee on education i

speaker boehner, leader reid, members of the ford family, it's a pleasure to join in this tribute forr today. this statue that we dedicate will stand as a permanent reminder of the long and distinguished career of a proud son of michigan. continue will solidify history's judgment that general ford held together in one of our most difficult hours. many here today may be too young to remember how thoroughly watergate shook america's confidence in its institutions and in its leaders. but over the years, that bitterness has yielded to a sense of pride that america in her resilience bounced back. to a sense of gratitude to a man that steadied the ship of the state when scandal game. when things went terribly wrong, gerald ford stepped into a role he been preparing for his entire life without even knowing it. and today few would disagree that he was just the man we needed for the job. like many of us generations, gerald ford was guided above all by love of country and commitment to service. that's why he signed up for the navy after pearl harbor. that's why he ran for congress. that's why h

and the house majority leader who represents speaker boehner in these talks, reiterated today the startingnt for these negotiations is to find areas of overlap in the two budgets that we just saw described. >> brown: now does that-- what do you make of the paul ryan statement today? that's got to be related here. are they-- republicans are not conceding at this point, are they, that there won't be big changes to medicare or medicaid? >> i don't think they are. i think what they're saying is we recognize that democrats have pledged to protect these programs. we believe that these are the largest drivers of future deficits and they're absolutely right about that. however, we also recognize that we need to reach an agreement to pass this debt ceiling pretty quickly. therefore, instead of arguing forever about health care and taxes, like we always do, why don't we start looking for some common ground and start from there. and that seems to be the same page that everyone is on. >> brown: now, what about the pressures we keep hearing about for that-- that push against both sides? republicans hav

and headline speeches by the senate majority leader harry reid, house speaker john boehner and israelirime minister benjamin netanyahu. while we wait for tonight's speaker here is some of the discussion from today's washington journal and president obama's health care law. estimate we are going to turn attention to the healthcare biln signed into law last march by lw president obama continues to generate a lot of interest and. oflitical debate in this country.nd debatin michael cannon is the policy director for the cato instituter -- the health policy director for the cato institute. guest: think you for having me. -- thank you for having me. host: this piece -- (if some americans deserve waivers from this bad law, all americans do. guest: there is a requirement that americans purchased unlimited coverage on an annual basis so that an insurance company cannot tell you -- cannot set a limit on your coverage. lower than $750,000. it will eventually be phased out so there will be no limits on claims and a covered person can file with an insurance company. that costs money. when you requir

for what purpose does the gentleman from ohio, the speaker of the house, rise? mr. boehner: mr. speaker, i ask unanimous consent to speak out of order for one minute. the speaker pro tempore: without objection, the gentleman is recognized for one minute. the speaker: i want to thank the speaker and thank my colleagues for the time. one of the most important members of the house community is not a member of the house. the house selected a chaplain to deliver the opening prayer, a continuing aradition started in the first continental congress. as the house grew so did the chaplain, which they looked for advice and counsel. the chaplain sees to the well-being of this institution which serves people of all faithsnd a nation that has always put trustin god. our national motto is an echo of the 16th psalm which in part says preserve me, o lord -- i'll start me over. preserve me, o god, for thee do put my trust. in many ways the chaplain is the anchor of the house. so it's with regret we bid farewell to reverend dan, who retired after 11 years of distinguished service. father dan left b

>> first of all, i respect the work that speaker boehner put in. he was in a tough spot. remind ourselves of the last election cycle and what it was about. we were dealing with major issues in our country, big issues that deserve big solutions. now, people like me, who were elected in the wave of 2010 to make a difference, if we don't stand up and say that, who is going to stand up and say that? if folks like me elected in 2010 don't come here and say these big issues, these big problems deserve big solutions, no one's going to say that. >> right, but you still have to compromise. i mean, you say he was in a tough spot. he's in a tough spot because you either have the votes or you don't. so, you send a statement or you compromise and get things done. which is what senator rubio believes in? >> well, i think you want to have a compromise. a compromise better do something. my problem is the problems have to be solved. to say we compromised for the same of compromised, that may get you short-term likes in the media, but long-term, it doesn't solve anybody. we need solutions.

speaker been 's hand is strengthened -- speaker boehner's hand is strengthened. we cannot address this debt limit by clean vote. we need to tackle spending promised at the same time. that strengthens in t. host: i want to play one clip. we like to play ben bernanke talking about the debt limit. >> using the debt limit as a rgaining chip is quite risky. we don't know exactly what would happen if the debt limit was not approved. there are significant operational problems, legal problems associated with making su the debt is paid. even if the debt is paid, there is the issue of market confidence and how the market will respond to the risk of default or even the defaults on non-debt obligations. i think it is a risky approach not to raise the debt limit in a reasonable -- at a reasonable time. host: i would like to have you put your hat on as chairman of the financial markets subcommittee. addressed specifically the market reaction, the face of the creditors of the -- the faith of the creditors. guest: we should be certain of one thing. the treasury secretary has the

so as president obama and speaker boehner talk about a series of issues in the next year, year and a half, they ought to try to find some common ground such that comprehensive tax reform might be able to occur after the next presidential election. >> host: is it true that the u.s. is the only company that taxes foreign earnings if you bring it back into the borders? >> guest: that is true. and it is a deterrent for fantastic companies like cisco or intel to bring their money back for r&d purposes or for hiring purposes. our money is stuck due to the punitive high tax rate. and so something has to give here. there needs to be a consensus, a negotiation, a compromise. and president obama gets it. he though knows the -- he knows the arguments, and politics intrudes sometimes when you have tax debates. and so we're, we're in a wait-and-see mode, but we're hopeful. >> host: gautham nagesh. >> host: thank you. switching, again, to patent reform. we recently saw the senate pass senator leahy's bill with a fairly strong bipartisan ratio. can you tell us the way it alters the filing system? >

they are expected to criticize speaker boehner, congressman paul ryan, and other members of congress for their actions on the debt ceiling a curator -- said sealing material live coverage begins on c-span 2. miliband challenges of david cameron on the increase in tuition fees. members also us about the referendum to change the way members of parliament are elected. now this is about 30 minutes. t help to push these important parts of the british economy. >> order, >> this morning, i had meetings with ministerial colleagues and others. >> the abolition of council tax, the scrapping of student debt, the 2000 towns endowment for first-time homebuyers and, of course, the referendum on separatism were all promises made by the scottish national party prior to the last summer's elections, all of which were never kept. will the prime minister in for me, the house and the country whether certain political commentators are correct when they say that he would prefer to see the separate just returned in denver for one reason only -- to avoid a labor victory? >> am happy to confirm that what i wo

african country to stop its leader from jumping off the greenback rather off the oil trading speaker. boehner comes of usual find out there's no oil trading let's turn up now to our financial guru max keiser i was going to be explaining what rising silver prices have to do with the killing of osama bin laden and many other financial ideas and stories to stay with us. hi i'm max kaiser and welcome to the kaiser report you know j.p. morgan is so desperate to keep the price of silver down they defrosted some of bin laden threw him into the ocean just to deflect attention from the fact that the silver prices rising up j.p. morgan the stock price that's the key threshold once it gets above j.p. morgan stock price it's hello enron style collapse jamie diamond down the street doing nothing yeah that's the way it all goes in the way the world of global finance where america's animal spirits and lust for they kill kill hate hate of a song as god the testosterone level so high that the sperm banks are overflowing over there oh yeah get those dixie cups thirty ok say sarah well yeah for me well max actu