Also in this playlist...
This transcript is automatically generated
At will be -- more on the breaking news we told you about the last half hour Fox Business was the first to report several CEOs.
Are meeting with Republican House leaders on Wednesday and are very young rich -- to -- from DC with all the details and make in the check back down there again -- And they are some familiar faces here CEOs from Caterpillar Goldman Sachs all state Honeywell.
Will meet with house Republican leadership Wednesday morning to discuss the fiscal -- also attending Erskine Bowles -- the former co chair.
Of the presidential debt commission urging these folks to get a deal done.
Also aides confirm President Obama spoke with -- house speaker John Boehner this weekend an attempt to restore momentum to the slow moving negotiations.
Congressional and White House staff are still in discussions preparing for the next meeting between top Democrats and Republicans.
-- congressional aides say the administration has not yet extended another invitation.
For high level talks at the White House sources close to these negotiations also confirmed.
Treasury Secretary Tim Geithner is taking the lead for the administration on these talks.
Geithner says simply closing tax loopholes fails to raise enough additional revenue.
Putting him and other Democrats at odds with Republicans Republicans are standing firm against a rate increase saying the only way to raise tax revenue.
Is through closing loopholes and curbing deductions.
And in title and spending cuts they say it must be a part of that.
You could put taxes that a 100% on the wealthy and not solve the problem -- spending.
We have got to get to the problems not digging this hole in terms this -- of money we don't have.
Lawmakers are now returning to Washington after what will likely be their last break until they figure out this fiscal -- for don't figuring out paktia.
Rates got they have to just wake up and get this server with princess in that down in DC thank -- -- there.
Filter by section