there's a whole review called the paper reduction act, the pra, not to be confused with the professional radio association. they review what the effect of our rules might be on businesses of all kind. how much paper work is this producing? by the fcc own estimate, the net neutrality rules against, which i dissented last december 21st, will generate three times more paperwork than the fcc estimated. and that number seems to be going up. this is just tier 1, i think, of the undiscerneddeddeddeddeddeddd consequences. the review that has been happened that required more notice and public comment. the last round of that or the latest round of that is commencing now. so it could be those rules or those net neutrality rules don't become effective maybe until mid to late october. and then they could be appealed. they can't be appealed by the court or overturned by the senate under statute. and so they become -- >> do you forsee them being appealed? >> i think they will definitely be appealed. some parties try to get appealed before they became effective. we are told by the court to bait until th

the prá president wants lawmakers to accept a $4 trillion deficit reduction plan.but republicans rejecting all tax hikes associated with it. instead, pushing for smaller $2 trillion measures. >> a big package will require big tax increases in the middle of an economic situation that is extraordinarily difficult. with 9.2% unemployment. we think it is a terrible idea. it is a job killer. >> reporter: even some democrats are raising concerns about the president's plan, especially cuts to medicare and other social services. >> he said we're not going to end the medicare guarantee. >> reporter: president obama scheduled a news conference for this morning. before he meets with lawmakers. he is expected to stress that a deal must be reached within the next week and a half. for the u.s. to avoid its first-ever default. >> the president made it clear he is going to do some very difficult political things for him, for his party but the republicans will have to do some things, too. >> if a deal to raise the debt debt -- ceiling by august 2, the treasury department says the g

review here in washington under something called the paperwork reproduction act, sometimes called the pra, not to be confused with the professional rodeo association, as i like to remind people. but anyway, they review what the effect of our rules might be on businesses of all kinds. how much paperwork is this producing? by the fcc's own estimate, the net neutrality rules, against which i dissented last december 21st, will generate three times more paperwork than the fcc estimated, and that number seems to be going up. this is just tier one, i think, of the unintended consequences of what i thought was a very ill advised rule making order that we came out with last december. what's been happening in the past seven months is this review by the office of management and budget and that requires more notice and public comment. the last round of that, or the latest round of that, is commencing now so it could be those net neutrality rules don't become effective maybe until mid to late october. and then they could be appealed. they can't be appealed by the court or overturned by the senate unde

>> the pra verb ya proverbial k can down the road. chuck made the point earlier on twitter. it's evidenced there's an understanding nothing's really going to happen. you know, looks the thing that is most marketed to me in all this and happened today in the white house press briefing. someone asked jay carney what has the white house gotten out of this? we're not going to default. look at the two packages on the table, they are remarkably similar. got news, there's going to about deal. the bad news what does that mean for democrats when the chips fall down? >> i want, chuck, surprised at a strong leader in all this. does he think so? >>. >> reporter: they would think they look like the reasonable person on the front. the message front a long view, long view on this they can do that. short term, they admit that like every in washington, they're all taking on water, but they feel like they've made the point that they've isolated the republicans a little bit. made them look like they're too stubborn, that they won't compromise. but at the end of the day, you know, he's been the

the season. i don't know that i buy that. there's more of a role -- >> saying we don't want to get involved, business leaders, because you're then teed up for legislative rett praraa putian, regulatory retribution for getting into the fray? >> i don't think that's necessarily the case. i do this the business community needs to be much, have a much louder voice than they've had in the past. i think for the first couple of years of this administration they've been waiting to see what's going to happen? who are the favorites? how do we play this game. the first two years are over. now is the time to voice concerns and stand up for what you believe in. i agree. >> quickly, james. >> the office of the comptroller of 9 currency, the main regulator for all regular chartered banks. from the year we passed, got rid of the fire walls between the banking sectors in 1999 until 2008. not your core business, because you're telecomed in, but from 1999 to 2008, every single request by a large federally chartered bank to the occ positive expend powers said yes to. not one single time did the office of the comptroller, reg later of all big banks did they say no. >> what year? >>

build consensus around a comprehensive long-term deficit reduction package that will put us on the track to pras parity. ever since the economic downturn, families across the country have huddled around the kitchen table, making tough choices about what they hold most dear and what they can learn to live without. they expect and deserve their leaders to do the same. the american people are counting on us to put politics aside, pull together, not pull apart and agree on a plan to live within our means and make america strong for the long haul. if we are going to succeed in this challenge, we will ultimately have to accept things that we don't necessarily agree with. it is the only way to develop a plan that is both balanced and comprehensive. we already know much of what will need to be done. our failure to act has not been because we lack solutions but because too often congress has lacked the political will to get behind a consensus proposal. after months of debate, it is clear what sort of plan is needed to garner the support necessary to get us across the finish line. first, the solution shou

now they're treating him like a man whose got viralant lep pra and they know it could come to a catastrophic end. >> thet flattery is insincere flatdry and this guy has had a lot of insincere flattery going his way for too long, perhaps. anyway, the world's getting even. thank you martin bashir and steve moore fos they one. >>> and martin sheen is leading a different campaign. coming here next. this is "hardball," only on msnbc. >>> presidential candidate michele bachmann says she suffers from migraine headachance but he wouldn't interfere with her ability to serve at president. a blogger, the first to report that baug plaun suffers from migraines quoten anonymous former aides who says they could incapacitate her for days at a time. we'll be right back after this. somewhere in america, a city comes to life. it moves effortlessly, breathes easily. it flows with clean water. it makes its skyline greener and its population healthier. all to become the kind of city people want to live and work in. somewhere in america, we've already answered some of the nation's toughest questions. and the over sixty thousa

the low. >> when you're shopping for things to be outdoors anyways, really, take a look at what you're getting in terms of value. >> absolutely. >> okay. now, over here, these table top settings, absolutely identical, pact prad italian ceramic. this is melamine. what i love about melamine is it's durable. >> kids can use it. >> exactly. it's something you can keep outdoors and use it inside. the kids love to eat off of them. i would definitely go with the low for the outdoor party. >> the silverware is identical as well. >> pass pmass produced, this is imported from italy. >> huge difference there. per place setting that is going to add up, too. >> over here, let's look at our game sets. we've got first the bocci ball sets here. this has to be the more expensive one. that looks like heavier, more durable. >> you are good today. >> because i see it up close. people at home on their tvs don't know the difference. >> over here, croquet sets, as well. because it's got the nice fancy case is the expensive one. >> $1500. >> whoa! get out of here! >> you better love your croquet, mr. rocker. >> shut the front door. >> or the back door in the backyard. >> it's a limited edition. >> if you're really a croquet fan. >