Deficit Debate News Today

Smoke inhalation and the number of deaths we are being warned could still rise. This happened in the early hours of the morning when the nightclub was still busy. This is in spain, in murcia as i mentioned, the early hours of Sunday Morning. Lets go live now to our reporter in madrid, guy hedgecoe. What is the latest . The madrid, guy hedgecoe. What is the latest . , madrid, guy hedgecoe. What is the latest . ,. , madrid, guy hedgecoe. What is the latest . ,. , latest . The Emergency Services ha...

To agree this is a problem for the country. the difference is republicans, as a matter of policy, dont actually want to do anything about it but i think democrats on the other side have very limited ideas about what to do about it. so raising the minimum wage, the minimum wage should keep pace with inflation. it is an issue of dignity. i agree. but really what you need is a more robust policy to expand something like the earned income tax credit which isnt even on the table because it is better ...

Term forward looking, not loss in a sea of economic fear and people would blame him for taking away unemployment benefits, no dock fix. letting taxes go up on everything. thats not what he wants. >> chris: payroll taxes. >> right. both sides have strong incentives to make a deal. not to mention they want to get out of town for christmas. >> bill, given all of that, and you were one of the early people who said republicans -- i just felt we would remind those who may have missed it, you said repu...

Term forward looking, not loss in a sea of economic fear and people would blame him for taking away unemployment benefits, no dock fix. letting taxes go up on everything. thats not what he wants. >> chris: payroll taxes. >> right. both sides have strong incentives to make a deal. not to mention they want to get out of town for christmas. >> bill, given all of that, and you were one of the early people who said republicans -- i just felt we would remind those who may have missed it, you said repu...

Term forward looking, not loss in a sea of economic fear and people would blame him for taking away unemployment benefits, no dock fix. letting taxes go up on everything. thats not what he wants. >> chris: payroll taxes. >> right. both sides have strong incentives to make a deal. not to mention they want to get out of town for christmas. >> bill, given all of that, and you were one of the early people who said republicans -- i just felt we would remind those who may have missed it, you said repu...

Gotten worse. the debt commission, he didnt follow it. supercommittee, hes out campaigning, he was nowhere to be found. health care costs, he said obama care would make everything bet anywhere regard to health care, it would lower the cost of health care, guess what, costs are higher, debt is higher, the deficits are higher. people are tired of this presidents promises and his failure to deliver. and guess what, if this president was an employee of any business out there in america, he would hav...

Banks all over europe and, certainly, in germany and france and italy in particular. jon: and what about presidential leadership on this budget crisis? i mean, the president seems to have sort of walked away from this whole supercommittee fiasco. he got the raise in the debt ceiling, the increase in the debt ceiling that he wanted out of the supercommittee agreement, and then the whole deal falls apart. >> yeah, you know, i was a chief of staff in the senate during the clinton administration, an...

gulf of mexico. residents of mississippi and louisiana got short notice warnings today. get ready for tropical storm lee to hit this weekend. it may not be as powerful as a hurricane, but its moving at a crawl, which means new orleans canals and levees will be tested by a prolonged rain. up to 15 inches or more are expected plus a storm surge. well get a live update on storm preparations in a few minutes. but first, todays stunner from the labor department, the country saw a net gain...

to hit this weekend. it may not be as powerful as a hurricane, but its moving as a crawl which means new orleans canals and levees will be tested by a prolonged rain, up to 15 inches or more are expected, plus a storm surge. well get a live update. but first todays stunner from the labor department. the country saw a net gain of no jobs in august. plus no change in the unemployment rate, still 9.1%. it is the worst jobs report in a year. wall street cratered, the dow industrials, s&p a...

men and women watching us now on the american network. well have plenty of coverage throughout the morning on whats happening in new york today. but we need to start with norway. the suspect in those horrific attacks says he did it and he did it all by himself. thats what police say they are hearing from the suspect in the norway massacre. a memorial youre seeing here and hearing is under way for the victims going on in norway. at least 92 people died in two attacks, but theres still s...