Big Serious News Today

May and at that court appearance in may, that guy was allowed to -- i mean, it seemed like he was allowed to absolutely skate on what otherwise looked like a whole list of big serious charges. this guy, this nickname is literally "the taxi king." he was michael cohens taxi business partner and finance guy. and he got this whole host of charges against him boiled down to basically nothing in a new york state courtroom in may in exchange for him becoming a cooperating witness for the government. s...

Pled guilty to five counts, five felony counts of tax evasion. there was consulting that he had done that he hadnt paid taxes on. there were some real estate sales he brokered that he hadnt paid taxes on. he also apparently sold a fancy purse. seriously. he had brokered the sale of a fancy purse and had not paid taxes on that either. most of his tax trouble, though, related to his involvement in the taxi business, and that, too, made sense, at least from the perspective of those of us on the out...

It say we are cutting and those who are against it say we are curting the growth in spending. >>neil: fair enough but you her we added another $1 trillion plus deficit fourth year running, is it time people get testify about big serious spending cuts. >>guest: yes, we should about spending cuts and about revenue raisers. our tax coat is crying out for reform. we know that. lets reform the tax code. make sure that everyone has the same benefit, everyone pays by the same rules so that everyone can...

Back" and carol costello. >> what can we do? what can our politicians do? deficit, deficit, deficit. have you heard enough about the deficit lately? we all mow it is critical to our economy in the long term. sky high gas prices, $3.83 a gallon on average, says aaa. what to do? ray lahood just told suzanne has a vision. >> were going to encourage people to buy cars that get better gas mileage but we know that people are still driving cars that use a lot of gasoline and we know this is a big, big ...

Good bold plan. i was at georgetown university when he laid it out. the president has a vision. were going to do our part to work with auto manufacturers to manufacture cars that get better gas mileage, that use more battery power. were going to encourage people to buy cars that get better gas mileage. but we know that people are still driving cars that use a got of gasoline, and we know this is a big, big serious problem for family budgets, and were going to stay on it and take a multifaceted a...

Gasoline and we know this is a big, big serious problem for family budgets and were going to stay on it and take a multi faceted approach to it. >> ray lahood, thank you. a gloomy outlook on debt sends the stocks plunging. when will both sides do something about it? david gergen is standing by. and attacks by afghan army uniforms. its harder to tell friend from foe. controversy swirls around the best selling author of tea. why hes accused of telling lies. youre in "the situation room." publi...