Fox News
Expand
Browse All Video
Watch Live

You're watching...

WH reacts to rejection of Boehner's plan in Congress

Details

  • Description

    Where do 'fiscal cliff' negotiations go from here?

  • Duration 2:54
  • Date

Clips

Also in this playlist...

Editor's Picks

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

But I'm Mike thanks chief White House correspondent Ed Henry.

Live in the White House briefing room this evening with the administration's latest efforts to reach a deal with the last minute -- last minute pitch from the president and Ed the president seems to be saying.

Go home for the holidays take a deep breath relax come back let's get this done.

That's right good evening -- some high drama here we've just -- the president's leaving for Hawaii in about ninety minutes from now.

First though he -- here at the -- -- -- senator -- he called speaker -- they came -- to the podium behind he laid out a -- three point plan that he -- can pass in the next ten days basically extend tax cuts for 98% of the public extend unemployment benefits for two million people and then come back next -- and deal with actual spending cuts and deficit reduction while he said that was achievable by January 1 to avoid the -- after last -- it's unclear whether anything compact.

Just as our economy.

Is.

Really starting to recover and we're starting to see optimistic science and we've seen actually.

Some -- statistics.

From a whole range of areas including housing.

Does not the time.

For more self inflicted wounds.

Certainly not those come from Washington.

President Obama's top advisors were quick to dump on speaker John Boehner.

Declaring he's back into a corner after the fall back to buckle they went from plan B -- plan C a later.

The fact that they couldn't even pass that was.

-- was an embarrassment get in private the president's advisors admit they're a bit more apprehensive.

While they firmly believe mr.

Obama has the upper hand with the public.

If the market takes a big hit the commander and people still faced his share of heat.

The Washington dysfunction appoint Republicans are hammering.

The US economy is at stake here millions upon millions of families -- count on us to do something.

Look there's the president's jaw with his jaw.

To find a solution that can pass the congress.

He's the only one who can do it.

The president's response this week has been to make clear he's already compromised during the course of these negotiations.

I offered to compromise with the Republicans in congress.

I met them halfway on taxes and I met them more than half way on spending.

-- -- spending cuts so it's important to note the president's new three point plan that short term.

Bill did not mention the sequester those automatic massive spending cuts.

Coming at the beginning of the year to the Pentagon and other federal agency so we have to figure out what happens there he urged lawmakers.

Go home cool off for Christmas -- and -- a little -- maybe get everybody to come down a little if you will he's going to Hawaii in ninety minutes but then on his way out the door he told us see you next week that means -- -- -- go to Hawaii a for a few days for the holiday beast coming back next week before New Year's -- John we're told.

And or to deal with all of this may want to little Robinette -- -- -- -- an -- little relaxation right Ed Henry forced and at the White House said --

Load More