Page 182 - Extensions News Today

Efforts to keep it artificially high or not falling or imploding the evidence is coming clear that we should have let it implode. look at the situation in 1920. we do not hear of the depress of 1920, we had a 12 month recession, depression, steep in 1920 with no artificial measures. we had massive deflation more than we ever did in the great depression. and then the roaring 20s. >>neil: with the best of extensions prolonging the agony, but, washington is going for look at this and say, well, som...

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But were waiting to find out exactly when hell be arraigned. >> kristen dahlgren, many thanks for that. a likely republican front-runner for the 2012 presidential election is not entering the race. former arkansas governor mike huckabee announced on his show last night he would not make a bid for the oval office, at least not this time around. >> all the factors say go. but my heart says no. i cant know or predict the future. but i know for now my answer is clear and firm. i will not seek the ...

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Already scheduled to go up, as all of the tax rates, all of the bush tax rates are scheduled to go back to the clinton rates in two years if we do absolutely nothing. might doing nothing actually become the official position of the president in his tax negotiations with the house of representatives? >> well, that certainly is the fallback, lawrence. thats the beauty of where the president is right now. the president can simply say, look, everybody has agreed were going to extend these bush tax c...

This easter sunday. i dont know what will. >> boy, well said. casey stegall with great news tonight. thank you. >> yeah. >> now to washington, your tax dollars front and center with a brand new fight over federal spending looming. the big question whether to raise the nations debt ceiling. and the rust about to look at the two the nations top budg budget, debating earlier. >> what is catastrophic is to continue to spend money and things we dont need and to continue to mortgage our future and not...

The senate floor yesterday, senator harry reid from nevada urged congress to reauthorize the faa funding for a longer period of time than just the three-month extensions that we have been seeing. so we need to see a comprehensive program for the federal aviation administration, so that we can make sure that the staffing is adequate. and, again, thats why when this happened in reno, we immediately made calls to our congressional delegation, and to the federal aviation administration administrator...

Administrations plan to raise the federal debt limit. congressman joe walsh dismissed the negative effects of not raising the debt ceiling yesterday on cbs. >> three or four times over the course of the last 20 years, congress has voted not to raise the debt kreeceiling and its t a few months and then theyve come together and theyve raised it. but over the course of the few months when it wasnt raised, armageddon did not hit. the government paid its bills. >> two members of the senate gang of si...

We call it unemployment insurance. they call it a government handout and wonder why the unemployed dont just start their own businesses. >> there but for the grace of god go i, we say to ourselves. and so we contribute to programs like medicare and social security. >> there but for the grace of god go i. i learned that phrase as a child, but ive never before heard that as the rationale for medicare and social security. i imagine medicare and social security are logical extensions of the concept ...

We begin this morning with decision day. the pressure is on for washington lawmakers to get a budget deal done before tonights midnight deadline that will shut down the federal government. despite government calls for fiscal responsibility after days of failed negotiations, some of the main sticking points remain, the party stances on planned parenthood and the environment. for the very latest, lets go to tracie potts. good morning. >> reporter: paige, good morning. good morning, veveryone. no m...