Page 2 - Deficit Talks News Today

thats not enough to keep the government running. what this argument could cost you. >> we must lift the debt ceiling. >> republicans refuse to be drawn into this legislative trap. >> its a notion it would become suddenly unreliable to throw shock waves through the entire financial system. >> we cannot go on scaring the american people. we need to be truthful. >> tonight, what will happen next. ill ask two men who have a lot to say about government, taxes and you. money expert dave rams...

awaken to elton john, first singing and then delivering a message of personal thanks. rupert murdoch built a media empire on the power of selling a scandal but now its his mighty news corporation that is under siege from london to washington. a prominent u.s. senator jay rockefeller wants to know if u.s. citizens fell victim to sleazy or illegal news gathering so he is calling for an investigation amid reports that victims of the 9/11 attacks are among the nearly 4,000 people who had...

investigation of rupert murdochs media empire as the company pays a new price for its phone hacking scandal. could a massive probe now under way in britain happen here in the united states? and the obama money-maybing machine. whos behind the cash and can the republicans compete? president obama and the congressional leadership are under enormous pressure right now, about 40 minutes into their latest round of debt crisis talks. they haveless than three weeks until the deadline to rai...

The deficit talks will work around the clock and suggested thai turn to cut in entitlement in medicare, it could get rough. saying ill trade the bicycle for the golf club. >> they have benefit cut for social security that some see as becoming a target in the talk. >> theyre saying if you leave it out of this deal, well help work with you down the road. >> that is a smart political move for them to make. >> they call the story misleading and they say that putting social security in deficit talks ...

This is what weve seen in spain, in portugal, in greece, and ireland and elsewhere. no one is saying the u.s. is anywhere near that stage at the moment. with the kind of numbers you were talking about earlier, a deficit of nearly 11% this year, debt to gdp ratio, lets get this together and not be a drag on the markets so people can get their confidence back again in the u.s. bond market. lets face it. as long as the treasury is buying on qe2, thats okay. but major international buyers, are they ...

So before the break we asked, who cheats more on their taxes? men or women? take a look. according to cnnmoney.com, men, you win. the breakdown, 64% of men cheat compared to 36% of women. in two minutes were going to have some important tax tips regarding he ining health care changes. first, deficit talks. expect to hear a lot of this in the upcoming weeks. the president is expected to lay out his long-term deficit cutting plan possibly on wednesday. sandra endo, what is the president expected...

Bush tax cuts proposal of his. his commitment to let previous tax cuts expire are going to lead to even fewer job opportunities for americans. because it is the job createors who will be taxed. the fewer dollars that they have to reinvest in their own businesses and hire more people, the worse it is for all americans. so, no, you know, here again the obama administration and the democrats in congress they are all wet on this idea. it is idiotic to think about increasing taxes at a time like this...

Contributor melissa harris-perry, a professor at tulane and columnist for "the nation" and richard wolf, msnbc political analyst. the president was in the briefing room, i did an exclusive interview for my syndicated radio show with him and i thought about, in august he was sort of, appeared to be back on his heels when the deficit talks broke down but he seemed like a very confident man in his stride both when i talked with him tonight for the radio show and what i saw of him in this statement ...

Its -- it is important for us to act on both fronts. >> the presidents advisors suggest an agreement needed by the end of the week to give congress time to pass the legislation before the august 2 deadline on the debt creteing. now the august date emergeed as the deadline for an agreement and senate majority leader reid is angry that the house plans to be off this coming weekend. >> i think it is just untoward, that is the kindest word i can say to the house of representatives out this weekend. ...

Agreement and senate majority leader reid is angry that the house plans to be off this coming weekend. >> i think it is just untoward, that is the kindest word i can say to the house of representatives out this weekend. what a bad picture that shows the country. >> meanwhile, experts say house speaker boehner could attach a debt ceiling hike to legislation that has already passed the senate if the deficit talks collapse. but boehner says the ball is in the presidents court. mr. obama spokesman s...