Way Too Early With Willie Geist
MSNBC
Aired on Wednesday, Apr 06, 2011 (4/6/2011) at 01:30 AM
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Transcript
00:00:00 What will be the american role if it does.
00:00:03 It's "way too early" for this.
00:00:13 This is the show that has only two wrong sides of the bed to choose from when waking up in the middle of the night.
00:00:20 I'm glad you're up with us this morning.
00:00:23 Shoot me an e-mail and let us know why you're awake.
00:00:28 Or you can do what the red sox nation do.
00:00:33 Text the word awake followed by your response to 622639.
00:00:43 We'll read the best responses later.
00:00:45 Next 30 minutes is your cram session for this wednesday, APRIL 6th.
00:00:48 A lot going on today including boeing expressing its public surprise that 737 airplanes are wearing out so quickly.
00:00:55 Plus, as I said, the boston red sox, one of only three major league teams now without a single victory.
00:01:06 We'll have a detailed analysis of what is wrong there.
00:01:10 But first let's get to the news.
00:01:12 We're now just two days away from a potential government shutdown it that would take place at midnight on friday.
00:01:20 The possibility is looking more and more likely after president obama and congressional leaders failed to reach an agreement yesterday on funding for the rest of the fiscal year.
00:01:29 In back to back meetings with the white house and capitol hill, john boehner floated an offer of $40 billion worth of cut, but $7 billion more than the two sides have been discussing over the past week or so.
00:01:43 After their summit meeting, president obama expressed his clooming shutdown.
00:01:55 >> We're closer than we've ever been to getting an agreement.
00:01:58 There is no reason why we should not get an agreement.
00:02:00 As I said before, we have now matched the number that the speaker originally sought.
00:02:07 The only question is whether politics or ideology are going to get in the way of preventing a government shutdown.
00:02:13 >> The president then criticized the pace of the talks and urged congressional leaders to put aside their differences and get something done.
00:02:23 >> I think what the american people expect from me is the same thing they expect from every member of congress and that is we're looking out for the interests of the american people and not trying to score political points.
00:02:36 I think what they're looking from me is the same thing they're looking from speaker boehner and harry reid and everybody else and that is that we act like grown ups.
00:02:48 And when we are in negotiations like this, that everybody gives a little bit, compromises a little bit, in order to do the people's business.
00:02:59 >> And republicans have been criticizing president obama and democrats for cutting too little out of any proposed budget.
00:03:06 Here's what the president had to say about that.
00:03:08 >> This notion that somehow we're offering smoke and mirrors, try telling that to the democrats out there.
00:03:14 Because part of what we've done is we've been willing to cut programs that we care deeply about that are really important.
00:03:22 But we recognize that given the fiscal situation that we're in, everybody's got to make some sacrifices.
00:03:30 Everybody has to take a haircut.
00:03:33 And we've been willing to do that.
00:03:34 >> Almost immediately after president obama spoke there in the press briefing room at the white house, speaker boehner called a news conference of his own outside his office where he was decidedly lesses positive than the president about yesterday's meeting.
00:03:52 >> We've made clear that we're fighting for the largest spending cuts possible p.
00:03:54 And we're talking about real spending cuts here.
00:03:57 No smoke and mirrors.
00:03:58 This is an important step that we face today inned to get real cuts.
00:04:05 The white house is proposing cuts that arebeyond things we would imagine.
00:04:13 So we want to get an agreement and we want to keep the government open.
00:04:16 >> Speaking last night on msnbc's the last word, chris van hollen blamed the lack of comprehend miz on the tea party.
00:04:28 >> Speaker boehner no longer has his hand on the steering wheel.
00:04:31 This car is being driven by the tea party wing of the republican party in the house and they are drag racing with the american budget and saying that if they don't get 100% of what they want, they're going to shut down the government.
00:04:47 >> That's a talk point about the tea party that's been echoed by many democrats including harry reid in the senate.
00:04:53 So if we see the first federal government shut down oig in 15 years, here is partially what it would look like.
00:05:00 Seums,s national parks would shut down.
00:05:02 Tax refunds and new social security applications would be delayed and passports and visas would not be processed.
00:05:10 The government however does not completely cease functioning.
00:05:13 Activities that are essential to national security like military operations will continue.
00:05:17 Air traffic control, other public safety functions, are exempt from shut downs.
00:05:21 Law enforcement and criminal investigations can continue.
00:05:25 And federal prisons still operate.
00:05:27 My god, I hope so.
00:05:28 Also not affected, the fdic and postal service.
00:05:33 Also up on capitol hill, republicans are lining up behind house budget chairman paul ryan and his 2012 plan which is aimed at shrinking the federal deficit.
00:05:43 The blueprint released yesterday, he'll present it today up on the hill, suggests 8 trillion over the next ten years.
00:05:51 Also cutting corporate and personal tax rates to a top rate of 25%.
00:05:56 Privatizing medicare and turning medicaid into so-called block grants that would give states more flexibility.
00:06:03 Essentially turning that money over to states for them to do as they please.
00:06:08 Analysis by the congressional budget office, the plan would result in a surplus by the year 2040.
00:06:15 About 30 years from now.
00:06:17 By 2050, the projected debt would be 10% of the country's gdp.
00:06:25 Niors and the disabled would pay sharply more for their medicare coverage and federal payments for medicaid would be substantially smaller.
00:06:32 Announcing the plan yesterday, congressman ryan expressed hope that americans would rally around around his proposal.
00:06:40 >> Look at these people, look at these new people who just got here.
00:06:42 They didn't come here for a political career.
00:06:45 They came here for a cause.
00:06:46 This is not a budget, this is a cause.
00:06:50 We can't keep going down the path of fearing what the other political party would do to us if we try to solve a problem.
00:06:57 If we keep going down that path, then we know what that future looks like.
00:07:03 >> Response to the ryan plan falling along party lines.
00:07:06 The white house said would it would spare the rich and burden seniors.
00:07:09 House minority leader nancy pelosi tweeted this.
00:07:12 The gop ryan plan is a path to poverty for america's seniors and children and a road to riches for big oil/gop values.
00:07:28 Betty wasserman schultz echoed that sentiment.
00:07:31 >> Seniors would pay more and more each year for their health insurance.
00:07:35 No longer would medicare be a guarantee of health insurance coverage.
00:07:40 Instead medicare would become little more than a discount card.
00:07:43 This plan would literally be a death trap for some seniors.
00:07:47 Under the republican budget, we see a clear attempt for the government to back out of its commitment to seniors.
00:07:52 As a result, many seniors in america will be forced in to poverty and worse, some seniors will end up dying because they