Bob Woodward's beyond expectations New Book

Bob Woodward's mind blowing New Book Bob woodward is best known for discovering watergate but his new book takes us into the obama white house where last year's clash with repcan leadership brought america to the brink of financial armageddon. Tonight you'll hear tapes from the president and speaker of the house and what actually transpired in the heat of those crucial moments could provide large-Lor bullets. Diane sawyas the exclusive start looking. Media press news reporter: It is the moment that tests a president, The nation on the edge of a monetary cliff. Really say in the book nobody was responsible? In wa. And is that a failure of management? Some people might say he was fighting a brick wall. Other customers will say, It's the prent's job to learn how to tear down that brick wall. Media press news reporter: For 44 days last summer obama was hostage to events outside his control. The republican congress newly dominated by the tea party threatened the very first time in history to have america default on its debt. Journalist bob woodward takes an inside go through the debt ceiling crisis. His manuscript "The price tag on politics, You talk about it as financial equal of the cuban ile crisis. It's so serious they couldn't tell the world how bad it was right at that moment. Media press news reporter: The president and speaker entrance john boehner, The stringed-Smoking son of an ohio barkeep who is skilled in the art of backroom discussion, Still boehner has to work with his new tea party caucus. Go into go delinquent. At some time of the meeting i look at myself, I states president and I just started chuckling to myself. Media press news reporter: Here you're using speaker boehner when he talks to woodward about one of his early meetings with the president. Because all you need to know about the ifrps dids between the president and myself is that I'm sitting here using tobacco drinking merlot and I look across the table and here's the president of the united states drinking iced tea and chomping on nicorette. Did you offer him a smoking? Oh yea, The fact. Just that. Nor did he require one. Media press news reporter: The president spoke to woodward in the oval office. By that time I helps, Although, Understand, I was assuring he had an ashtray, You already know, You know he'd be having a sip of wine and we could have a good conversation and I permanently think he genuinely wanted to go done, So I'm feeling fairly encouraging. Media press news reporter: Woodward calls it the merlot and nicorette meetings and initially the two sides inched toward various other anplace they'd never gone before entitlement cuts plus tax increases, But then a single telecall will sink it all. The president says he simply called with the chance of getting even more taxes. Even now the two men disagree on what they heard additional say. I try to be very emphatic here. At daft did I say, sara, Take it or allow it to cook what I said to him was, You have to tell me how many votes are you planning to put on this thing? His position is he was not saying I need to get it, what is abstract art He was expressing, I want you take into account it. low, Certainly basically little, Never, Not at all, Completely absolutely not, Number, wait, nope, ', Not any. That's just. I need 400 billion more income. I wanted. Then I pushed back once or twice and he said, nope, Not on your life, I need $400 thousand. You need to picture this. Media press news reporter: Boehner is livid and concerned about the fraction rebels in the tea party. He refuses to return the president's 3 names over 19 hours. This time around boehner says the president erupts. He A Super Visual Effect Where An Empty Box Or Pack Of Cigarettes Is Shown Then Instantly With A Snap Of The Fingers, It Fills With Real Full Size Length Cigarettes That Can Be Handed Out For The Spectators To Examine. Great Commissions & Great Value Trick. Mo Smoking Effect was spewing hot coals. also, He came to be pissed. He appeared to be to pissed. He called and wanted $400 billion dollars. I knew that he wasn't going to getting a damn dime more out of me. Media press news reporter: The stakes weren't able to be higher, 11 days before default while you're watching world. Somebody said can we sell national parks and the treasury assistant says, It will not work. We will never get enough money. Media press news reporter: For his parts, The president was now sure that some hard-Core members of the tea party had decided to let everything blow up rather than give him a deal. Have been very prominent republicans in the caucus who told me to my face that the view in the caucus was that getting a deal with me would ensure my re-Spolitical election. Media press news reporter: But a lot of insiders tell woodward the president heightened his opposition by being so aloof. Do you really think still in this tensely polarized world that schmoozing and charming and calling and spending the night with your feet up changes the path of history? Obviously, ma'am. Human associations matter. Media press news reporter: And indeed as the deadline inches closer it will be two old veterans of washington who salvage true. Second in command biden and minority leader republican mitch McCONNELL AND WITH JUST HOURS TO Go, A deal is finally struck but one that basically puts the particular through it all again in january. But would certainly president's fault? My verdict is presidents clinton, Chief executive reagan and if you look at them, And criticize them for many things, They broadly work there well. Media press news reporter: And he would not? In that, Barack obama did not. Media press news reporter: But here in an election year there may be people who say you deliver some ammunition to his opposition. I am not executing ammunition. I am trying to describe so how it happened. I also make the point that speaker boehner was friendly. Governor romney has said the lead designer was in over his head. Is your bookmaking a case that that were true? No way. He had companion -- dancer partn lover. He has the republicans in about this. I close the book with the thought that the result of all of this was things as they are, Only more shocking