Deal to avert government shutdown until after election

This transcript is automatically generated

This speaker and I and the president have agreed to -- gonna fund the government for the next six months and we're going to.

There will agreement we'll fund the government for the next six months.

Through the first quarter of 2013.

He'll provide stability for the coming months -- be free of writers.

And when we have this this is a very good.

Senate majority leader Harry Reid today on continuing resolution agreement in -- speaker Boehner weighed in on that too.

Saying quote leader Reid and I have reached an agreement by which -- house and senate.

Will approve a six month continuing resolution September to keep the government operating.

In the next year during August.

District work period committee members and their staff will write legislation that can be passed by the house and senate -- September and then sent to President Obama.

And signed into law so basically we're back with the panel this kicks the can.

Down the road into next year past the election Susan good thing for Republicans and Democrats avoiding this big battle.

Yeah it's good for both of them I mean I know that each party thinks the other one will be blamed if it.

Drags on past the election but the reality is people will just hate congress generically and -- -- -- incumbents so.

It's not good for either party if it -- goes on without any kind of resolution I mean it's not a depressing that the debt and the deficit of course but people -- gonna see the library shut down.

-- people would look at this may be and say this is Washington this is what happens in Washington.

And this is there's some frustration already from some groups including Tea Party groups and conservatives in congress saying this is not.

Good -- well they were a good there was a group of of Republican senators conservatives Tea Party from the senators Jim -- Marco Rubio.

Ron Johnson and others who were trying to push house Republicans.

To pass something with spending levels at a slightly lower level.

That they thought would have reduce the leverage that Democrats would have when it comes to raising taxes on the wealthy.

After.

After the election.

This obviously takes that way I mean as I suppose if you wanted to to defend John -- what you would say as.

Nobody wants to have this fight before the election and we're gonna have all of we're gonna we're gonna fight about about all of these big issues.

In the course of the next three and a half months of the part of the presidential election I'm sympathetic with the argument that the Republican senators were making.

Big items that's what both governor Romney and the president have been talking about the economy we're expecting new jobs numbers in just a number of days listen to the white house Press Secretary.

Talk about the economy overall and governor Romney in and that.

The president is not satisfied.

With the way the economy is.

He knows -- the American people by and large are not satisfied with where the economy is and that's why.

He's doing everything he can and he is urging congress.

Do everything to do everything it can't.

To take action to help the economy grow faster and to helping create more jobs.

The -- express was at Massachusetts -- -- a budget that was badly out of balance.

We got our spending but what -- that she was 85% Democrats and every one of -- four years I was governor we balance the budget I want to use those experiences.

To help Americans have a better future.

Charles what about the numbers here how they're adding up for the Obama campaign and the Romney campaign heading into the next three months.

Well you can see how damaging it is.

To the Obama campaign when you watch your -- -- he's response I mean what it what can they say.

All they can say is it's not a good economy we believe it's not a good economy and they only possible.

Argument they have is -- we have a lot of measures in congress congress is only you know there's nobody who's over the age of nine.

Who believes that there's anything in the congress now that's gonna change the course of the economy.

Anything serious so they have essentially no argument whatsoever.

And Obama's economic stewardship.

And that's why every time.

Any of this presidential debate is about the economy state of the economy.

The Democrats have nothing that they can offer.

And I think that's why the Romney strategy is to try to stay on message.

Over and over again what we saw on the -- the -- is a positive way to attack it.

Without necessarily attacking Obama does everybody understands.

Obama is in charge he's been around for the four years and if that's what the election hinges on Obama's gonna lose.

Yeah -- and -- -- -- just talk about these bankrupt cities and the ones that are may be facing bankruptcy there's a long list.

And it's growing here Stockton is one of them already declared bankruptcy and there are a number of them on the brink how do you think that factors in most of these cities.

Are dealing with pensions that they promised negotiated during boom times and now they're saying you know we just don't have the money.

Well yeah I mean this is that they -- always gonna be in the worst position with the recession particularly at this stage because.

They can't run deficits like the federal government can which is why you know Romney saying -- -- balanced budget -- it is a balanced budget in the states you have to have a balanced budget.

And they have these pension obligations and it's a very difficult situation they're in a position of cutting police are cutting teachers of course the Obama campaign -- say.

When the stimulus you know when that money for the teachers ran out that's one of the reasons that they lost some of those some of those positions -- well.

But.

Yeah it's a definite problems these cities I'm really not sure how it's gonna play out in the campaign a city like the Torre isn't necessarily gonna blame the president for that I think if they hadn't got the auto bailout they would have been much worse position but.

It's that they're they're just an island no win situation.

Yeah -- a lot of these cities did overspend as well and made decisions with their city -- -- -- and the panel this.

White House communications director Dan Pfeiffer has apologized.

To Charles for criticizing his column which described the removal of a -- of wins to ensure -- Churchill in the White House.

Pfeiffer has posted this apology on the White House web site.

He writes that there was internal confusion.

About the fact that there were actually two busts he says there was no intent to deceive but adds quote.

I clearly overshot the runway in my post.

All right Charles reaction there.

Well I must say it's a gracious apology I was stunned I didn't expected to happen actually wrote.

In my column that I thought and nationalism in the World Series -- before I see -- apologies and now I.

Expos and nationals are gonna win the World Series.

-- is a great his apology yet they're still clinging to a tiny.

Point on this but the argument is over and I appreciate.

That the correction in the attraction.

And we can still have the nationals win the World Series come -- you gotta believe.

Our panel thank you very much -- the Brady Bunch efforts of that offensive to the panel of state.

Watch Live

Deal to avert government shutdown until after election

Details

Clips

Political Grapevine

Grapevine: IRS scandal takes down a commencement speaker

Grapevine: Lawmaker claims ObamaCare is good for marriage

Push to kill pipeline compared to fight to end slavery

Grapevine: Jack Lew working on his signature

Grapevine: PETA 'bugging out' at Gov. Christie

Grapevine: Thief's literal interpretation of store name

Grapevine: A tale of two athletes

Grapevine: Company branding for NYC realtor

Grapevine: Washington globetrotters

Grapevine: Weapons of mass instruction

Grapevine: No such thing as a free lunch?

Grapevine: A random act of pizza for the Boston Globe

Transcript

Recommended