peter cook joining us, our chief washington correspondent from capitol hill. also to douglas holds aiken joining us from washington, d.c. thanks for "taking stock." i am pimm fox. good night. ♪ in san from pier three francisco, welcome to "bloomberg west" where we cover innovation and future of business. ahead on "bloomberg west," more on my time warner reject it the initial takeover offer of more than $75 billion. time warner ceo expressed concerns about fox's structure, who would run the company, and the future of cnn that would have to be sold. cnn could fetch as much as $8 billion on the market. ebay seeing a

. >> yang yang joining us from washington. thank you. also from the fed, day two of janet yellen's semiannual testimony on the economy. today, she faced questions from the house financial services committee. extensive analysis with peter cook. he is on capitol hill. and michael mckee joining me from the newsroom. thank you so much. peter, let's start with you. is it correct to say that the honeymoon is now over? safe betk that is a after watching the performance today in front of the house financial services committee. at the roughest treatment she has received so far from lawmakers. it started right from the start from chairman -- the chairman. he has been pressing ellen in the fed -- yellen and the fed for more transparency. he really dug in right away. attentionl focus of -- of tension for he and other house republicans. yellen pushed back saying it would be a grave mistake. the chairman challenging ellen to provide more information. to provideing yellen more information. >> would you be willing to report to this committee on the matte

. >> joining us from washington dc.dvertising technology firm to mobile began publicly trading today. we will look into the software that allows you to buy and sell video advertising the. -- advertising. ♪ democrats spend 8 billion dollars a year online for video ads. to $200 billion spent on television last year. that dynamic is changing. television money is following the viewers online. online video ad firm called on mobile technology that allows agencies and publishers to buy and sell video advertising. us more is to mobile's chief executive. of the company celebrated its first wave trading under the symbol. thank you very much. congratulations. haven't gotten much sleep over the last couple of days, have you? >> i could use some sleep. >> what did they do? >> if you talk to most cmo's they will tell you that they love the power of television ads. we spent our time on digital devices. our software enables a brand get those same tv ads in front of their audiences on digital devices. here is how the software works. ran

>>> we're back with the president's deputy national security adviser joining us from washington. the faa, as you know, has now extended for a second day that ban on u.s. airlines flying in and out of the airport outside of tel aviv. now some republicans are criticizing you including senator ted cruz of texas. he issued a statement saying "president obama has just used a federal regulatory agency to launch an economic boycott on israel in order to try to force our ally to comply with his foreign-policy demands." your reaction to senator cruz? >> they are simple, he's wrong. we didn't use the faa to do anything. the faa makes independent judgments for safety and security of our airlines and passengers. they made a judgment and we're not in the business of second guessing the faa or overturning what they do. they are working closely with israel to the address the concerns raised and i'm confident they will get on that. the only people playing politics are the the ones that accuse us of playing politics. just a day ago, the administration strongly endorsed a request from israel to in

us at gretawire.com. good night from washington. >>> the o'reilly factor is on. tonight. >> a malaysian aircraft apparently has been shot down. shot down, not an accident. blown out of the sky. >> bad day for the world. the malaysian jet liner shot out of the sky, 295 human beings are dead. who did it and why? the factor is investigating. we'll have a number of reports. >> that is fire from naval vessel offshore. >> israeli ground troops invade palestinian territory searching for hamas terrorists. we'll have a live report from gaza. >> please tell us what you saw there on the ground in ukraine. >> it would appear that the plane was shot down by a blast of wind from howard stern's ass. >> live coverage on american tv not easy these days. bernie goldberg on the case. >> you can tell us anything more? >> boy, you are a dumb ass aren't you? >> caution. you are about to enter the no spin zone. the factor begins right now? ♪ ♪ >> hi, i'm bill o'reilly. thanks for watching us tonight. some very bad things happened in the world today and that is is the subject of this ev

. >> phil mattingly joining us from washington, thank you. more than 500,000 palestinians as 500th have been killed fighting intensified two weeks ago. the middle east editor, elliott plotkin joins man the phone now. what is the latest on ground the latest >> figures and facts are even grimmer than the ones you just read out. 600 five palestinians killed. 150 four had children. 30 israelis have been killed. so the fighting is continuing. rockets are still being fired into israel and israel still retaliating. we are seeing the impact of that as you mentioned in the headline with the issue of it coming in from the united states. >> there are intense diplomatic efforts underway to end the violence. are the talks making headway at this point? >> john kerry has met with the egyptian president, u.n. secretary general. said the fighting needs to stop, then we can deal with the other issues. week.as on the table last hamas said it was not consulted and then rejected it. it is demanding the release of hamas members who were rounded up when they were s

the president of the mortgage bankers association joining us from washington, david stevens. >> thank> still ahead, the debate heats up. rulesng in on new intended to cut global warning. stay with us. "bottom line" returns in a moment. ♪ >> welcome back. ons is "bottom line bloomberg television, streaming on your tablet and phone and bloomberg.com. beginning the two-day policy meeting today, the fomc, and they will have a special tomorrow -- we will have a special tomorrow at 2:00 p.m.. we will get the market perspective, and that is coming up tomorrow. and we're coming up on 26 minutes past the hour, and that means that bloomberg television is on the markets, and my colleague matt miller is standing by with the details. matt, good afternoon. >> an idea of where stocks are trading. the dow and s&p in the red, 1976y very little change, on the s&p, just under on the dow. a couple of stocks we are keeping an eye on, when resorts --wynn resorts. they haveoperations, seen a decline by chinese patrons. and a turnaround strategy has come under fire from investors when a deal was made to sell

joining us from washington is the senior fellow at the atlantic council.was former deputy assistant secretary of defense for europe and nato policy from 2001-2005 . i wonder if you can give people a little bit about your background. you spent time in ukraine. > i spent two years in ukraine world did research on and transferred over to the parliament rice served as an advisor. >> based on your experience in the country and your understanding of the country's history and links with russia, what is vladimir putin really want? >> vladimir putin strategy from day one has been either to car up ukraine or subordinate ukraine. useas been willing to economic, political, and military pressure, including a military invasion in which he annexed crimea in support of an insurgency in eastern ukraine. where the recent tragedy of the mh17 just occurred. >> to the united states and the nato partners be surprised that this is vladimir putin's strategy? >> it should not be a surprise at all because he has communicated his intentions for years now as well as a sanctions. the

for joining us from washington, d.c. >> thank you. still to come here on the program. >> bringing you in from gaza, where civilians are paying the highest price in an escalated conflict. and i in sport. an apology to the nations of the world cup plans that went wrong. al jazeera america. we understand that every news story begins and ends with people. >> the efforts are focused on rescuing stranded residents. >> we pursue that story beyond the headline, pass the spokesperson, to the streets. >> thousands of riot police deployed across the capital. >> we put all of our global resources behind every story. >> it is a scene of utter devastation. >> and follow it no matter where it leads - all the way to you. al jazeera america, take a new look at news. >> aljazeera america presents >> the killing of journalist is a question directed to society >> they are impartial... >> if you wanted to be a good journalist in iraq, you have to risk your life... >> they observe. and report... >> kidnapping is a very real problem... >> journalists on the

joining us now from washington, syndicated columnist bob franken. good morning, bob, great to see you. >> good morning, angie. can you please explain to me what he means by that? >> the border crisis brought low blows from both sides. that's where i want to start. we want to start with immigration. congress about to hit a five week vacation. both sides have laid out their plans. boehner will not commit to a vote. he made that clear. are we really looking at nothing getting done here? >> probably. i mean that would be consistent with just about everything that happens on capitol hill. you know, so interesting. this is a nation that prides itself as being the welcoming haven for the huddled masses yearning to be free. yet, throughout our history, the american people have been so hostile to immigrants. this is just the latest example of it. and really it's kind of from the view of those who come from immigrant families, is really unfathomable. >> we have the democrats say they put out their plan. we had president obama who asked for his. the republican

. >> bloomberg's al hunt joining us from washington. you can see al hunt's full interview with ed royce on "political capital," tonight at 9:00 p.m. washington time. russia raises rates for the third time this year. they will take a look at how their central bank is trying to hold down inflation and stop capital from leaving the country. "bottom line" on bloomberg television comes back in just a moment. ♪ >> here is mr. cheney us on the china credit bubble. data --roblem is that and we take it with a large grain of salt, the data shows that the credit spigot is just completely wide open. that more and more credit is going to support less and less growth. the ground,el on put a building or bridge, that counts as gdp. the problem with that model list -- when you finish building it, you have to put up another one. is not based on ongoing consumption. this reform, that the chinese optimists felt was coming for years ago, still is elusive. rose onan watch charlie bloomberg television tonight at 8:00 and 10:00 p.m. and excitedly raise costs f

he is a senior fellow at the atlantic council joining us from , washington, d.c.ing up next, an outdoor billboard deal that grabbed our attention. we will talk about cbs outdoor -- which is paying big money for one company's assets. that is next on "taking stock." ♪ >> this is "taking stock." i'm pimm fox. we start this half-hour talking about billboards. cbs outdoor agreeing to buy van wagner billboards for $700 million. for more insight on consolidation in this industry, i want to bring in paul sweeney of bloomberg intelligence. tell us about this deal. cbs outdoor and van wagner. >> cbs outdoor already one of the largest in the united states with almost one third market share. they have been in the business a long time. van wagner is one of the few independent billboard companies left in the united states. of any size. this is an opportunity for cbs outdoor to get bigger. they feel like they have a pretty big growth trajectory. >> what about the introduction of new billboards? if cbs ends up having 1100 because of this deal, does that mean no more new billboard

. >> joining us is fault line's correspondent, and he covered the story in 2010, joining us from washington d.c. we learnt your peace was nominated for an emmy. congratulations. tell us about haiti. what is the situation when it comes to cholera in haiti today. >> thank you. there's no doubt that the situation on the ground has vastly improved from the early days. we were there at the time. in the first few weeks of the outbreak it seemed to be as bad as we have seen. people were dying everywhere you looked. in the hospitals, in the rural part of the haiti where the disease was centered. now the rate have gone down. the situation is better. it improves the the controversy is really about the people who side. many have been killed as a result of the disease. that's why there's so much anning are. >> you press the u.n. an the story. how significant is the visit? >> it's the first time he has come face to face with victims of the disease, he sat with families, has been speaking to journalists and talking about how he feels about the exact he's had on hatians. he feels sad for the outbreak, and

spiral which will be much more difficult to recover from. >> aaron david miller is joining us from washingtonnational center. he served six secretaries of state on arab/israeli issues. so iaaron, were you surprised t hear criticism from israeli officials, so much of the criticism reflected in the israeli media? >> no. i mean, having watched this movie for over 20 years, i know emotional times, you get a lot of criticism. it was really bad with shamir and baker and before that with carter and begen. no, i'm not surprised. i don't like it. as an american, i frankly am somewhat offended by the criticism against kerry. let me make a couple points, as you foe, you've been around this issue as long as i have, it's impossible to get anything done, the smallest thing, without an extraordinary amount of effort. and usually without imaking bot sides unhappy for a time. number two, the reality is i admire john kerry, i respect him. 80% of life is not just showing up, it's showing up at the right time. and the reality is, kerry's mediation, there's no way it was going to work, because neither israel, nor

she joins us from washington d c. great to have you with us. the letter the president september to congress asked for two million, get more judges and to help deport the immigrants more quickly. one of your colleagues told the l.a. times that it is sad if the one thing they passed this year is deporting a bunch of kids. not just deporting but rolling back due process. is that what you think the president is trying to do? >> i think what is happening is he's conflating with immigration issues, this are not happening with the humanitarian crisis and a foreign policy crisis. i think the migration that the children coming on their open, that women are building babies, crossing the desert, it's not an immigration issue, it's a humanitarian issue to keep these separate and treat them separately. he's rite to push congress. i don't think that rolling back protections for the people coming seeking safety will help anybody. nor will it stem the tide. >> it will take a middle ground. it talks about the u.s. fulfilling legal and moral obligations to make

he joins us from washington, d.c., and here with me in new york is bloomberg's own news reporter carolyn chen. what is tax and version? >> it's when a u.s. company acquires a foreign company that's at least 25% of its size and moves its illegal tax address outside the u.s. this usually has two benefits. ours, the u.s. tax rate is 35%, the highest corporate tax rate. second, you get access to oversee -- overseas cash without having to pay to repatriate it, to bring it back home. >> what is the administration's position? >> the administration asked congress to recognize that we need fundamental tax reform. and that is the problem. the u.s. tax code is out of line with its largest competitors. the rates are too high. the worldwide basis to broad. that has been the case for many years and there has been no effort by the white house to change it. what they have argued for is a stopgap measure, one where you would change the test of ownership, where ownership and control actually ride in the united states and they would disallow the tax and version. this is a perverse suggestion because it wou

joining us from washington to predict what will happen this weekend., i believe this underreported. don't reallyle staketand what's at here. and what's at stake at war. iran continuing to develop a nuclear weapon. and you say? >> and also is not just israel. this is in the longer run, this is the most serious threat to the west. you know, russia is not going to invade the west. you can have an isis state in iraq. it's not going to have the capacity to affect us directly. you talk about iran. a serious country. 80 million people. tremendous oil resources. advanced industry. lead terror in the world according to our state department. it is on the threshold of becoming a nuclear power. openly developing intercontinents ballistic missiles. meaning the only reason for that is a missile that can hit new york or any other city in the united states is it is now on the threshold. we are actually negotiating a deal which will leave them on the threshold. this new agreement. this new leak. this new concession so-called that was set by the foreign minister of iran

. >>> let's bring in fox news political analyst brit hume who joins us from washington. you heard my talking points memo and i'm worried. i'm worried about the country. am i overreacting because of the minority vote in the supreme court today? >> one observation, bill. i heard you tell megyn kelly that she is more attractive than you are in some senses. that's not true. bill. she is more attractive than you are in every sense. >> every sense. i knew it. i knew that you just couldn't wait. >> i couldn't resist. i'm sorry on the talking points memo. what you are pointing out is the reason why the democrats and the left are so terribly worried about this senate -- this election for control of the senate because it will mean that if the president does get to a appoint another justice of the supreme court he won't be able to get through somebody as much to the left as he will like. he will have to have somebody that would be acceptable to republicans in the senate. and the left is terribly afraid of that because they have depended on the courts being willing to either uphold

joining us from washington ace correspondent james rosen and carl cameron.meron, tell us about these emails. how did they get them? what do they say? >> well, the congressional investigators got them through a whole variety of channels and not through lois lerner and not lost computer files. some of them pretty saul tri. not suitable for television. congress does have one particular email lois lerner calls conservatives blank holes and calls them wackoes and in one she cares the right to terrorists saying the government doesn't need looking for, okay. this is the smidgen of evidence if you have a high ranking irs official who can order investigations into certain organizations that want to have tax-free status, and she is calling a particular political party obscene name and crazies, that is a smidgen of evidence, mr. president. okay? >> well, and this from the same woman who also was delighted and said perfect when she found out that the instant messaging system at the irs was not something that was archived and therefore the communications she was having w

mike viqueira joins us from washington. mike, are these sanctions a significant difficulty with what areas are the sanctions targeting? >> reporter: the arms industry, the energy industry, the finance industry. tony, it's significant, and here's the main reason why. president obama has been trying to bring along major allies in europe for months now since the invasion of crimea or the annexation of victim ya earlier in the spring and sdwent actions by russia to destabilize eastern ukraine and destabilize the government in kiev. today the president in concert with the european union, and that is a significant part, instituted if not the broad sectoral sanctions he promised and threatened and tried to cajole the europes for months to come along with it. here here heretofore he had instituted sanctions against individual sanctions, but the white house repeatedly termed his cronies. now they go up by an expotential factor, and he stopped in front of marine one and what he was supposed to do in concert with the europeans. >> rus

for joining us from washington, d.c. >> thank you. still to come here on the program. >> bringing you in from gaza, where civilians are paying the highest price in an escalated conflict. and in sport. an apology to the nations of the world cup plans that went wrong. booms. >> over the next few days we will determine if additional time is necessary to extend negotiations. third, we continue to support diplomatic efforts to end the violence between israel and hamas. as i said repeatedly israel has a right to defend itself from rocket attacks that terrorize the israeli people. there is no country on earth that can be expected to live under a daily barrage of rockets. and i'm proud that the iron dome system that americans helped israel develop and fund has saved many israeli lives. but over the past two weeks we've all been heartbroken by the violence, especially the death and injury of so many innocent civilians in gaza, men, women, and children who are caught in the cross fire. that's why we have been working with our partners in the re

is he not scheduled to go to the border where all the trouble is joining us from washington.s chief white house correspondent ed henry. do you think that's a mistake, ed? >> i think it could blow up in the president's face. no, sir not republicans like rick perry demanding that he go to the border now. henry from texas saying not only should the president go to the border but he has been slow to react. that's a democrat saying it. an elected office holder. so the bottom library is the president is under fire right now. and when there is a hurricane or natural disaster. you know, they say around here look, lower level officials can go. the president has been briefed, sure. that's what happens in the early stages. when the crisis develops. president himself republican -- that's not what this president is doing so far. look how democrats beat up on george w. bush how he was out to lunch. now it's on the other foot. >> going to texas to raise money. is it all fundraising down there? >> there is about three fundraisers, various democratic committees. the house democrats, senate de

. >> john harwood joins us from washington with the latest on malaysia airlines 17 and reaction from leaders around the world. what is the latest out of washington? >> tyler, what the president was trying to do was to put pressure on and isolate vladimir putin. you know, he's been unable through sanctions so far, especially with europeans reluctant to go along with tough sanctions to persuade vladimir putin that the costs of his intervention in ukraine exceed the benefits. he's hoping the shock conscience nature of this event, which the united states clearly believes was done by russian, prorussian separatists trained and supplied by russia is going to change that evasion and cause vladimir putin to change. >> john, does it appear, though, that our european allies are on the same page as those of us in the u.s.? >> i think they are moving in that direction sue. they were talking about halting the sale of french military equipment to russia. they are going to require proof through this international investigation that russia was behind what happened and one of the points american offi

joining us from washington to assays mr. kerry's performance.news chief political analyst brit hume. all right. i'm not going to say what i think until after you say what you think. >> are you talking about help that sewed on sunday. >> no, i'm talking about overall, secretary of state in a very difficult position with all the things i outlined plus iraq, afghanistan, how do you think is he doing? >> it's very much a work in progress, bill. we can't really finally assess his secretary of stateship if you will, or secretary ship of state because these things are all still boiling. i think it's fair to say that yank of i can think of only one thing he has done that has been crown of success. negotiated the deal under which there will be a recount in afghanistan that seemed to satisfy both parties and that showed some skill and finesse and was a good thing. as for israel and palestinians, you know, he made arduous effort there to try to broker a full scale deal. there wasn't much sentiment at the time that i was aware of that thought that that was

hampton pearson joins us from washington with more. what did the fcc do today? >> interesting day at the fcc. by a 2- 3 vote, they approved money market funds, the fcc will require the price of institutional funds to float, meaning investors could lose principle if values fall below a dollar per share. the other big change, giving money market fund boards the ability to suspend if assets fall below a certain threshold. the tool designed to deal with what happened during the 2008 financial crisis which of course has been the game changer for regulators, the layman brothers collapse triggered the primary funds that broke the buck with the value of shares falling below a dollar, the next week investors pull some $300 billion from money funds, 14% of total assets and it was that experience that's really been the catalyst behind the six-year battle for the regulatory reform we saw enacted today. >> you used an important word in describing the money market funds that are effected here, institutional funds. what does that mean and does that mean that the quote retail f

nbc's tracy potts joins us from washington, d.c., everybody watching the possibility of a cease-fire again. >> well, it's not looking good. overnight, the u.n. security council took action with a statement not a resolution. both sides are criticizing that statement. the palestinian u.n. ambassador saying it's essentially too little too late. they're going to stay on the u.n. to something stronger. not mention of the rockets coming from hamas into their territory. so, all of this still going on. the violence still continuing. with innocent women and children caught in the crossfire. this newborn is fighting for her life in. at a midnight meeting the u.n. security council called for an immediate and unconditional humanitarian cease-fire. >> including those of the u.n. must be respected and protected. >> reporter: israel accused of firing on an u.n. shelter says this is evidence of hamas using schools as human shields. >> we accepted five cease-fires acted upon them, hamas has rejected every single one of them. >> palestinian leaders insist that israel is the aggressor. >> you cannot pl

. >> thanks very much for joining us from washington. >> the white house says the deportation of a planeload of women and children to honduras this week is a sign that those trying to cross the u.s. border illegally are "not welcome to this country." >> the 17 honduran women and 12 girls and nine boys between the ages of 18 months and 15 years that were put on board the flight to the city with the highest murder rate in the world -- of the u.s. is no stranger to people crossing its southern border illegally. what is most alarming about the recent wave is that so many are teenagers or young children. it is now being called a refugee crisis. >> from a u.s. detention center, young migrants call home to let their families know they are still alive. those who make it here have survived a dangerous border crossing, guided by people smugglers. under u.s. law, children cannot be automatically deported. young migrants normally do not flee border guards. instead, they wait to be brought here. next, the children receive new close. -- clothes. most arrive with nothing except the birth certificate, becau

nbc's steve handelsman joins us from washington, d.c. with late developments. good evening, steve. >> thanks. the latest development is the black boxes from flight 17 are finally on this fourth day back in the hands of malaysian air. this after president obama here in washington today said the least that the russian speaking ukrainian rebels and russian president vladimir putin could do is turn over the bodies and let the investigators in. and finally today, some of that began to happen. ukrainian separatists made a deal with malaysia to finally let the train they say contains 200 sets of remains, leave the region of the crash so the remains can head back to amsterdam and turn over the data and voice recorders from flight 17 to malaysian airlines officials. president obama had charged earlier that pro-russian rebels were blocking the investigation. >> all of which begs the question, what exactly are they trying to hide? >> reporter: he called out vladimir putin by name. >> given its direct influence over the separatists, russia and president putin in particular,

. >> john hardwood joins us from washington. john, you know there is a lot of political differences on that issue. can we expect meaningful progress? >> we cannot expect meaningful progress. since the 2012 election we've been expecting republicans to move for a combination of the substance dealing with the big problem but also their political imperative. they need to do better with latino voters and democrats have been pressing. the senate passed a bipartisan bill. people like marco rubio on board and the house consistently said no and john boehner the speaker said the house is not going to act this year. so the prospects for comprehensive reform are not good at all. >> what is the purpose of the president meeting, as i understand he's going to, with rick perry. is there any common ground there? >> not much. there is common ground on the narrow question of dealing with this humanitarian crisis. that is something that goes across party lines. you've got tens of thousands of children who cross the boarder unaccompanied from centra

." >>> all right, joining us from washington, d.c., david nakamura, reporter from the "washington post." welcome back from the holiday weekend, david. we certainly know politics doesn't take a break for the holiday. >> never does. >> lots to cover here. let's start with the border crisis, still swirling, creating a political divide. and in the middle, tens of thousands of these children. homeland security adviser jeh johnson appeared on "meet the press," i'm sure you saw it, saying u.s. borders are not often. but when asked if these kids will be deported, johnson seemed uncertain, even with repeated attempts by david gregory to clarify. so, what was your takeaway with that dodge of yes or no, they will be deported? >> this has been a difficult issue for the obama administration. they're under pressure and they believe, i think themselves, that they need to do something, you know, strong, send a strong message to central american countries that these kids and women and children who are trying to come across the border can't keep coming. and so, they've been trying to send a stronger mes

us from israel. thank you. >>> joining us now from washington, israel's ambassador to the united states, ron durmer. we tell us about the search for the suspects, ambassador? >> well, thekÑñ?ñ?ñ?ñ?ñ search , and i have no doubt eventually we'll briyñ?ñ?ñ?ñ?ñ?ñng them to. our prime minister right before he went into the security cabinet an hour ago said that one of the goals he has with the operation is to bring the perpetrators of this heinous crime, which is essentially the kidnapping and execution of three teenagers on their way back from school to bring those perpetrators to justice and those who helped them, and i have no doubt israel will do so. we're also working to ensure that we can dismantle the terror infrastructure that hamas has built in the west bank, and also taking action against hamas in gaza, which is firing rockets into our cities, about 25 rockets in the last two days. so we're taking action in order to confront hamas, a terror organization committed to our destruction, fires thousands of rockets another our cities, dispatches suicide bombers against cafes and pizza parlors and mem

. >> erin joins us from washington.any indication as to americans in libya and what their safety might be? >> reporter: well, frankly, americans are not safe in libya. on saturday, the state department issued a travel warning for libya that is intense with dire precautions. in libya, private individuals have in their position, military grade weapon that is could be used to shoot down a commercial jet. also, already this year, extremist groups made threats against u.s. citizens and anyone associated with the united states could be targeted for death. the state department is encouraging any american in libya to leave, it's difficult because the airport in tripoli is non-operational. that's where the militia's are fighting where they are trying to get control of the airport. roads can close without warning making travel in and out of the country tough. in general, the state department says the situation in libya is unpredictable and the country, itself, is unstable. no road map to restoring peace and stability there. there

. >> joining us from washington nbc news national security analyst and former director of the nationalounterterrorism center, michael leiter and we heard from him in richard's report. you heard you say there there are designs by isis on attacks in the west whether it's london or new york city or beyond. what are the risks right now as we see yesterday, president obama putting 300 more troops on the ground there that the united states is drawn back into iraq in some form or another? >> willie, no doubt that when americas look at this i think most just say, gosh, i don't care about iraq any more but what i think they need to understand is isis and other rebel groups in syria pose a real threat to the united states and that is because these groups now have people, they have got safe haven, they have got money, and increasingly expertise and they have always had the commitment to attacking the west. so they may now well control western iraq, eastern syria, but ultimately some of these group's goal is to attack aircraft or cities in london, new york, the rest of the united states and the we

joining us now from washington, our chief political analyst gloria borger and our senior political analystid gergen. he's joining us from cam britain, massachusetts. let me ask both of you, how much pressure is on the republicans right now to act, democrats, how much pressure is on them to get something done, gloria, first to you. >> look, i think there's a lot of pressure on both parties at this point to get something done. the president has put a proposal out there with a price tag on it. and the republicans do not have the luxury of doing nothing at this point. they have to figure out what they can get through the house of representatives in particular. something that expedites this process in a humane and a decent way. and the democrats also have a lot of pressure on them too, wolf, because, you know, they're divided on what to do. there are lots of liberals and border state democrats who say do not deport these children, keep them here. there are others like the administration who say you have to find a way of sending them back or that would send the wrong signal. wolf, pressure on bo

us. >>> let's get more inside reaction from a. top u.s. official. the deputy national security adviser to the president is joining us from washington right now. rts from secretary kerry. how close are the parties to a cease fire, if at all? >> wolf, you're right. the secretary is working this very intensely. he's in cairo now. he's been engaged with everyone in the region. we're hopeful we can make project toward a cease fire. we don't have it yet, but this is something he's working 24/7. >> and what is, from your perspective, the biggest stumbling block? >> right now, there's an egyptian initiative on the table. and then work some of the longer term issues. right now we're waiting to see if hamas accepts. then we can get into a cease fire. the violence can stop and the various party cans try to work the issues that can lead to some kind of longer term settlement. the main thing is this. anything that happens has to result in an end to rockets raining down on israel to try to kill israelis and take them. we need to see real improvements in the lives of people living in gaza and living under difficult conditions. >> would it be acceptable, is i

john harwood joins us from washington with more on this bill making its way through congress right now. john, is this just a stopgap measure? is your take on it? >> absolutely, it's just a stock gap. this is not just must-pass legislation, susie. it's must pass soon legislation because the highway trust fund financed by the gas tax becomes insole vanvent next month. they need to extend projects underway at least temporary. both of the bills would extend the trust fund into the middle of 2015, but only until the middle. this program is typically authorized for five-year periods of time but come up because there is so much difficulty coming up with ways to finance it with a $10 billion package on the senate side, similar to the house side to extend to mid 2015. >> why is the short-term stopgap solution so indemic in washington? >> they are polarized and divided. the larger or longer solution to a problem becomes, the more expensive it is and the more money that has to be cut for the budget -- from the budget if you're looking for a republican perspective or increased in taxes from a demo