House Rack News Today

>>greg: here are the four areas: tax code overhaul, discretionary spending cuts, medicare and medicaid and social security changes. for example, what kind of tax code overhaul are we talking about jonathan? >>reporter: well, again, based on the presidents debt commission which has the idea that if you close a lot of loopholes, and, look, a lost tax breaks we dont really think of as loopholes like, for instance, the deduction you get for charitable giving if you shrink those or eliminate them, yo...

Some have slept here overnight, and as to what you report there, that news has gone through the crowd that perhaps the democratic legislators have left the state so as not to provide a quorum so the bill cannot pass. this is, perhaps, the biggest assault on municipal unions of any of the states in the united states at this point and these people are teachers, parents, prison guards, and regardless of whether you agree or not, this is democracy unfolding right here before us. i saw a sign that sa...

Silent majority in the state backed what the governor is doing. what do you hear? >>reporter: well, they voted, a majority for the governor and some say they voted for the governor and have changed their mind and they did not think the reform would be this sweeping the he maintains they have to do it because they are out of money and others think that is a contrived budget crisis that does not exist. what can be said there are a lot of very vociferous folks in a place where collective bargaining...

>>judge napolitano: then you cannot spy, if you want to spy you have to identify the person and place, because that is a value judgment and there are arguments on bought sides and i acknowledge the trials we face today did not exist in 1789. but the argument is a value judgment. it is better that everybody have privacy than that nobody have privacy. as was said, the constitution protects the criminal in a few to all have privacy. greging from have a lot of these been upheld by a federal court. j...

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More improvement. did not get it. and we got inflation numbers today, consumer price index out today, up .4 percent bad news, indeed, do months in a row, 0.4 percent. take out food and energy it was up .2 percent, the worst in a year and gas prices driving a lot of this up 3.5 percent in a month. >>greg: prices are rising even though the economy, you know, is not doing well and unemployment is high? >> the worse of all for consumers because you may not have a job, you may be underemployed but yo...