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Gov. Kasich: Ohio is open for business

07/13/11 10:51AM

Mika Brzezinski: How are things going there?Gov. Kasich (R-Ohio): We just passed a budget, we're $8 billion in the hole... We've reformed Medicare and actually have the AARP support our program… We did sentencing reform … We've privatized our development department…We've improved cost savings for higher education… We killed the death tax...Brzezinski: How's your approval rating?Watch the exchange below: read more

Senate Minority Leader Mitch McConnell of Ky. gestures during a news conference on Capitol Hill in Washington, Tuesday, July 12, 2011

Top Talker: Scarborough on McConnell's 'strategic retreat'

07/13/11 09:53AM

 With both parties in a stand-off over tax increases and cuts to entitlement programs, Senate Minority leader Mitch McConnell is proposing a "back-up" plan to avoid a default.  The proposal would give the President authority to raise the debt limit in three installments until the 2012 election, without having to agree to spending cuts up front.  President Obama would also have to submit proposals for spending cuts with each request to raise the debt ceiling.  Senator McConnell says the plans is not his first choice, but Republicans want to send a signal to the markets that there is a wa read more