Page 38 - Base Point News Today

-- captions by vitac -- www.vitac.com tonight were tracking a danger ouz tornado outbreak. powerful twisters across ohio, tennessee, mississippi, alabama and indiana where four deaths have now been confirmed. in kentucky a yellow school bus slammed into a building. its front half obliterated. in tennessee, homes are ripped from their foundation, splintered by the winds. at least six people critically hurt in that state. in alabama a trailer home lifted up and crashed upside down near...

hands. >> keep in mind, this is not a situation where the two parties are miles apart. were in rough agreement about how much spending can be cut responsibly as a first step towards reducing our deficit. we agree on a process where the next step is a debate in the coming months on tax reform and entitlement reform, and i am willing and ready to have that debate. if we need to put in place an enforcement mechanism to hold us accountable for making the reforms, i will support that too if...

Impact in a negative direction if, in fact, say, california, new york, or michigan, who have the three biggest shortfalls, what is the biggest impact of the states they chairing -- declaring bankruptcy. >>guest: the problem is how do they borrow money in the future? what is their cost of borrowing? if you look back last some are what the treasury notes for 10 years traded at versus what greece borrowed for 10 year notes there was about 1,000 base point, over 10 years they have to pay 100 percent...