Page 6 - Back Stop News Today

Major output, significant refineries, that could be a source of concern. as you might expect, world oil markets react to any instability in the middle east. one of our goals should be to make sure that in cooperation with other countries in the region, not only are we creating some sort of back stop in terms of whats happening inside of iraq, but if they do ends up being disruptions inside iraq, then some of the other producers in the golf are able to pick up the slack. those are part of the con...

>> ultimate remedy, there could be cases as we discussed. there is the possibility that congress could retaliate in other ways. for example, not confirm nominees. not advance his legislative agenda. >> that doesnt define the limits of the constitutional authority? thats a weapon to hit someone with? >> you are quite right. >> ultimate back stop for lawless president the is impeachment. those are the constitutional back stops. >> the only way it ends up in court some citizen can find some reason ...

Spreading north of los angeles. nearly 3,000 people are under evacuation orders and almost 1,000 firefighters are battling wind gusts of 40 miles per hour fueling the fast-moving fire. all this means what? we are dpg are going to have tat money and with clean up on the way today and the 2013 hurricane season under way, there is a bill that would create a catastrophe fund to put money aside ahead of time to be used in responding to the next natural disaster. a rainy day fund, if you will. a fema ...

Administration attacks it saying it averts technical default but not actual default if we have to defer payments to people like social security recipients so its going to get raised and interestingly there is some pressure on republicans on this front, too, because remember theyre up for election in 2014, president obama is not. that was part of what was hanging over him in the 2011 debt limit fight he wanted to push it past the election. republican members know theyve got to come up with some s...

Chief washington correspondent mr. john harwood. this is anything but a casual friday panel, ladies and gentlemen. this is a power panel finishing out the week strong and john im going to start with you in d.c.. we see a lot of these economic gains. i want to read a quote from zach goldfarb, "the sunnier outlook means that president obama will be able to pay the nations bills for months without seeking additional authority borrowing for months. little appetite for compromise but no leverage to s...

Rat hole. a bailout with tax benefits costs $100 billion is currently on our books, our our taxpayers s book. only a third. is this a course correction adding a billion here and a billion there? maybe. but that is not the issue. this is another manifestation of people at the top deciding who the winers and losers are rather than merit or accomplishment. >>neil: we got wind of this on the same week we learned that the way they paid for the transportation pill was to take money out of the pension ...

Whats happening on the ground. theyll make decisions based on washington, d.c., political expediency and thats exactly what you get so the feel on the ground in afghanistan is just that. were setting a timeline for what? not to be successful on the battlefield but because someone in washington wants to make sure theyre hedging their bets. >> guys like you, captain, will say that as you take troops out, its more dangerous for those that are still left behind. and if the mission isnt clear in the ...

Because we will do that we will give you an extra week vacation and bonuses. sort of like the greeks saying we are having a hard final getting off the 14 months worth of pay for 12 months of work. >>neil: i welcome getting up to speed, but they are doing everything that a private bankruptcy who is done, the only difference, including shuttering the plants and laying off workers. >>guest: we are the back stop, the taxpayers and the stop has to double to break even and we own 500 million shares. a...

assessing the presidential field with republican national committee chairman reince priebus. and americas cities, our first installment today with los angeles mayor antonio villaraigosa. >> thats why were here today. because l.a. is not waiting on washington. im candy crowley, and this is "state of the union." on his way out of town friday, president obama called the two chairs of the super committee from air force one to tell them they needed to make a debt deal -- soon. that is...

Not materialize until 2021. >> we will slow the growth of medicare cost by strengthening the independent commission of doctors, nurses, medical expert and consumers. >> last week, president obama sought to bolster ipab authority asking congress to rewrite the law so the trigger for the panel recommendation to kick in would be cost growth of only half a percentage point. >> the ipab is a back stop. its something that will be used if the other initiatives like quality initiatives and better drug c...