Begin Egypt News Today

That number, 60 billion dollars, about the interest on the stimulus program, the 852 billion dollars could have had strings attached to it, should have had strings attached much like the aid we put out in the stimulus, should have had strings when we loaned it to companies and banks, its not just 60 billion dollars, its here, you have money for whatever you want to use it for and they did. >> well, jonas, maybe we should better call it a bribe, not an investment. >> yeah, i think people get mad ...

Cairo, youre taking a live look right now at tahrir square and the people are still very much there. similar scenes across egypt, all of it after hosni mubarak finally steps down. and leland vittert streaming for us live from cairo, whats the latest? >> good morning, jamie, in about the past hour and a half youve gotten the military communique, of course, in charge hereof the government in egypt and in the transition, hosni mubarak, what they promised will be a free and fair democracy. in that c...

Began, about 19 days ago. and you might call this day 19 of the revolution and it could also be day one of the new egypt and many of the protesters spent the day cleaning up and trying to begin egypt, a new sunday tomorrow is a new workday here and hope they can get the country to begin to get back on its feet. jamie. >> leland thank you very much, the people he remain in the street with a celebration and a very different mood than weve seen over the last now more than 19 days. well be following...

Support. >> all right, i give my kids allowance and they dont listen to me january way. all right, just when we thought peace was returning to egypt, new signs of what helped spark the protests in the region go global. the cavuto gang on the new threat of spiking prices everywhere, but first, are 800,000 jobs on the chopping block, if republicans cant put the health care law in the shredder? and big vote coming wednesday and are workers in for a big shock if it fails? . yellowbook has always bee...

Along with a ceo of financial and a professor occidental college caroline hellson. gary b. we hand out more than 60 billion to aid every year, is it a good investment or keep the money here? >> i think its time to keep the money here, brenda, we saw what happened or what we got for it in egypt, very little. we kept basically a dictator, if you will, in power for many years because we thought he was friendly to us, but we waste money all over the place, weve never helped poverty in africa, in pla...

That this is such a small portion compared to, say, the security or medicare or other huge parts of our budget? >> well, thats one argument, brenda. i think another argument, and by the way, thats about 1% of the budget, but another strong argument is that its an important diplomatic tool. obviously, sometimes its used for corruption and dictators and all of that is problematic, we dont just want guns on the ground. we use it fighting aids, ma layerty and poverty and its important for diplomacy....

What it would cost for us to do those things is probably a pretty good return on investment and it doesnt always work out, but i think that ultimately that country was paid off for a long time to the benefit of american taxpayers in the long run. >> and thomas, the foreign aid is actually increased since 9/11 and much is used in counterterrorism, but do you believe that it is a good investment or does it depend on whos investing it, which is administration is using it, essentially. >> yeah, its ...