Also in this playlist...
This transcript is automatically generated
Breaking news as so we come back here on the top story of the day as Fox Business is just learned.
The White House is reaching out.
Said bank executives talking about the deficit the fiscal cliff and other things Charlie Gasparino has that is forces he's calling in what do you know Charlie.
You know the double B Zoellick in his speech dealt but -- it'll Leno went down just bet there are problems -- bill when they.
It was definitely reach out conversation -- White House officials.
And thank you -- is basically the White House Spain that the president deep debt we get -- About dealing with with the deficit that this book but it -- -- A quote and quote the legacy issue that this is it about -- that this was not eight sort of beat or not acrimonious call people bid because.
And you know banks supported gotten grow probably -- a major right away from -- out any corporate President Obama.
But -- acrimony bear baby areas but I doubt that they're called it would like to banking expected.
A terrible way -- -- go with its oil become an out of the White House and -- -- you know people inside the Obama -- -- -- -- -- But yes we are serious we are gonna deal with is that somewhere you know the president to speak to pay around 1 o'clock.
Eastern time on this issue and I don't cop probably double those could be built up and here's more with double BP sales.
Who's gonna be Treasury Secretary that's gonna go long way to Germany just out this book was.
Deficit -- is ultimately started out.
Ought not favorites bill is Jack we'll let you know cheapest best.
Up what people -- that -- all.
All persons of the basic principles.
Acts of war plan.
-- polar bears to date is still in the running out it is the deal.
-- old debt that if you gotta be up barely interest being.
Negotiation what Republicans -- public and searchable -- Erskine -- is probably the most -- Democrat among among Republicans in the house and someone who will focus -- It's very hears about -- it would that's about despite -- effect.
But a comprehensive tax reform plan if the president -- loopholes let it it's been -- -- -- Jack -- would be -- something to keep the debt.
He liked what a partisan liberal so that that that edit and other items but.
What they go to Israel might debate -- the -- -- that are going on right -- between the banks.
-- -- president are not act remote and different people are -- acrimonious and what this would be worded that the pilot districts that they.
We are spirits about dealing with deficit.
And -- this but we're not just gonna press star rating intact we -- to deal with this -- term weight and it's threatened the deficit at the corner of lake is huge.
And -- just gotta wait until I guess we get them.
There -- at 1 o'clock I got bad senior said basically what you're saying is we're just having this discussion about a got sounds like we'll see -- president whether he picks Erskine Bowles and op and a president that sounds more.
Simpson Bowles like -- Paul Krugman why he's moving more of the middle been responding.
I know I I don't I mean this I can't I'd be curious to get insight Barack Obama's brain cells I mean that is.
I expect another discussion but I just don't do you know some of -- you gotta cover like people don't think.
I am one way to go to like -- Is due to report what he's saying.
And just an independent look at -- -- children and -- -- -- rightly they right now is Beck hears about the debt.
Even escalated -- -- talks between bank bank executives and you're white out executives you -- -- officials.
And these are not acrimonious vote despite what was going on you know obviously Wall Street the banks are really worried about this this -- but corporate America is really worried about this -- but.
And I would deal with it obviously if you start -- Massively -- -- government spending right now yeah.
-- GDP growth remember if you took out justice if you took out the best spending at a that -- GDP.
Need -- -- do we have one point 3% growth back with the right that there -- certainly this is a big big.
Every corp America -- about it is serious stuff the White House -- libel belly.
Not they're not playing the class warfare game in rhetoric they are Spain or you're at about -- at it but I don't build and -- -- Look who gets chosen as party secretary that will be a huge -- Yes big message and that definitely -- right Charlie great reporting as always that gives us a better idea what we're dealing with the may get.
-- later today from.
Filter by section