Page 45 - Debt Problems News Today

Larger deficit when you compare it to their own gdp and their own output and their spending to what we have in the united states. the raw number, of course, the u.s. number is bigger by percentage and thats where some of the disconnect comes from where you have the united states arguing be careful of pulling out too soon. and they said, yeah, we have huge debt problems. look what happened to our neighbor, greece. >> is that expected to be addressed by the president in the news conference he will...

Issues the g-20 will tackle when the summit in canada kicks off the president obama wrapping up the meeting with the g8 leaders. will they side for more spending or look for cuts. peter barnes is in canada with that. who wins the spenders or cutters? >> it looks like the cutters are winning the debate. president obama came with the goal of encouraging all the other countries to continue the stimulus spending, but the europeans in particular are in the middle of a major debt crisis and theyve bee...

Before and its never been good. five states have had partial shutdowns and debt problems sweep california to harrisburg, pennsylvania but if this goes down we could be talking about essential and nonessential services for the state of new york. martha: unbelievable. you know things are bad when you need to pass a weekly emergency spending bill. >> every week for 11 weeks. martha: its like an oxy moron, the weekly emergency spending by. thats crazy. bill: sure is. i dont know how theyre going to ...

You dont want the politics of the day to influence how much money is -- >> thanks a lot for coming on. lets get a check on wall street right now. were looking at the town jones industrial, up more than 100 points on the day. s&p up 111 and the nasdaq is up 35. stocks getting a boost after spain unveiled a belt tightening plan. that move is easing some concerns about some european countries and their debt problems. a 10-year-old dutch boy is the only known survivor of a plane crash in libya. ...

Are surging after the european union signed off on a trillion dollar bailout plan to stop greeces debt problems from spreading to the rest of the world. there youre seeing the progress across the board. dow jones, standard & poors, nasdaq, all way up. mary thompson is watching wall street. this is the kind of vote of confidence for other struggling european nations that investors wanted to see. >> as you can tell, the markets are receiving this news very well. all three up about 4% with the s&p ...

They are not sure, either party, major party has the answer? >> i dont think either major party does have the answer. neither party has the answer to giant debt problems. neither party has the answer to iran getting the nuclear bomb. neither party has the answer to unemployment. neither party does have the answer, we like the republicans because theyre, you know, theyre our guys or at least in my family the stein family how we feel about it. we dont have the answer, dont have a strong candidate....

Lets see here. italy, spain, germany today approved their contributions to a bailout plan for greece. what does it mean to you? what does it mean to your finances? jeanne of the cnn money team is with us and joining us from new york to talk about that. great to see you as always. explain to us why you believe whats happening in greece is important for us all to pay attention to? in particular to what happened yesterday. >> right. one is that markets do pay attention to sovereign debt problems. a...

Jane: want to update you on whats happening in gries at this hour, demonstrators as you know have been rioting in the streets, the overall as period of time measures meant to cut the nations massive debt. lawmakers have been slashing the budget by millions, everything from pensions to paychecks being cut. greece will be getting rescue loans from the international money tear fund, the imf but the question is can they keep the country afloat and keep the crisis from spreading to other nations with...

The market all week has been the growing fear that debt problems in nearly bankrupt greece could spread and halt the worlds economic recovery. those fears have been fed by images of rioting in greece in reaction to some very severe, tough belt-tightening measures. lisa sylvesters monitoring some of the other top stories in "the situation room" right now. lisa, what else is going on? >> hi, wolf. a hung parliament is likely for the first time in more than three decades in britain. the conserv...

Texas, this time lapse surveillance video showing an airport cart crashing inside bush intercontinental airport in houston. the woman in front of the cart apparently placed her bag on the gas pedal and the thing took off. the driver got in front of the cart and tried to stop it. four people hurt. and that a fox watch across america. >> im jon scott in for shepard smith. this is the fox report. its the bottom of the hour. time for the top of the news. never before has the dow fallen so hard so fa...