Page 34 - 2 News Today

>> reporter: the kennedy family used their millions and their might to secure his freedom. >> it was an attractive narrative for people that somehow this kid because of his connections to my family, which were tenuous, by the way, had gotten away with murder. but the fact is, he didnt commit the murder. >> reporter: just a few weeks ago, an appeals judge threw out skakels conviction saying his former lawyer bungled his defense. supporters in court applauding as skakel was released on $1.2 [ appl...

What happens in washington is, quote, tough to watch. >> nothing is perfect but we had some huge problems in 2008 and oun country is doing reasonably welcoming out of that. it was a lot bigger problem than any of us have ever seen. speaking of the economy, the president announced a number of trips addressing the nations bottom line. his first trip is to a high school in austin, texas, where he will discuss raising the minimum wage to $9 an hour. gas prices are up a penny. the average price i...

We have to understand that reality. >> all this happened during joint u.s.-southern military exercises. back to you. >> steve, thank you. happy easter. coming up here on the show, we were just telling you about our nations plan to reform the immigration system. how does this sound? we just cut 20% of our border patrol force, about to leave the border unmanned for hours at a time. more on that coming up next. >> and sending illegal immigrants $4.2 each year in fraudulent tax refunds. look what mo...

How they deal with huge banks. they are accused of misleading investors about a $6.2 trading loss. the banks former chief investment officer made her first public appearance today since resigning. ina drew claims she had no idea what was happening at the time. >> clearly mistakes were made. the fact that these mistakes happened on my watch has been the most disappointing and painful of my professional career. meanwhile the dow had a record ten fresh straight days of gains. there are questions ...

The water would stop running. >> not just inconvenience, potential loss of life here. >> real loss of life. when we lost the electric grid during sandy, not the grid, but lost electricity during sandy, that was the impetus for so many of the problems that we faced over the next several days. if you have electricity, you can do an awful lot. if you do not in this day and age, theres very little you can do. >> jared, to the china piece of this, its a complicated dance we must do with china on a nu...

What we heard from some republicans in both the house and senate is that they will only increase the debt ceiling by the amount of spending cuts that they are able to push lou. congress has not been able to identify $1.2 ril onin cuts they are happy with. >> p obamas warning on the debt ceiling will republicans be able to use the debt ceiling debate as leverage to get big spending cuts? or will it be on the government funding? jinx me is congressman greg walden. member of the leadership and join...

Really touches entitlements. none of it touches the mandatory. and its $2.4 trillion. >> where is the sequestration in these numbers? >> its not in here yet because it hasnt happened yet. this is sort of where we are today. this next graph shows you how budget wonks measure our progress. if we had done nothing, we would grow to 90% debt to gdp over the next ten years which everybody agrees would be a dangerous, if not disastrous, level. what weve done so far takes us to 79%. simpson-bowles would...

Trying to do with plan "b," he got close to 90% of his conference. the party isnt divided. what you do have a situation, how do you propose the president who i would also suggest to you has been equally rigid in his approach. the fact, for example, in terms of the debt ceiling, hes just simply rule ought certain ways to be able to deal with it. or again in the campaign, you promise 2 $1/2 of cuts for every increase. so whats occurring here, both sides have emerged out of an election. the preside...

Continue a conversation to reduce our long-term deficit, but it has to be of continuing balanced approach. in other words, additional cuts, but also additional revenue. so he originally had the proposal for $1.2 trillion in revenue, $1.2 trillion in cuts. we did $640 billion in revenue. if you want a larger deal, republicans are going to have to do more revenue through tax reform now, eliminating some of the tax breaks for higher income individuals, coupled with targeted cuts. >> im not really g...

I did my part. theyve done nothing. >> but youve pointed out and we just spoke with congresswoman swartz about the concessions the president made and theres some who believe he might go up to maybe 500,000 as the income threshold. >> thats right. one thing the house republicans and john boehner wanted is balance. essentially, a one to one in revenues and spending cuts and what the white house proposed on monday, actually, had 1.2 trillion dlar in new revenues and $1.2 in spending cuts, the balan...