Page 25 - Magic Formula News Today

Im confident they will get a deal." it refers to automatic cut to defense and spending, triggers designed to keep lawmakers at the negotiating table. >> my hope is over the next several days, congressional leadership on the super committee, go ahead and bite the bullet and do what needs to be done. >> because the math wont change. there is no magic formula. >> the republican cochair of the 12-member panel suggested that the super committee could set a target level to come from taxes and have the...

said in a broadcast interview and congress is being urged to have new laws sandusky, in a shocking interview with bob costas, the former coach admitted he, quote, horsed around with boys in the shower at universitys complex. sandusky insists hes innocence of the 40 sex crimes detailed in indictment against him. >> how would you define the part you played? what are you willing to concede that youve done that was wrong and you wish you had not done it? >> well, in retrospect i, you know,...

Im confident they will get a deal." it refers to automatic cut to defense and spending, triggers designed to keep lawmakers at the negotiating table. >> my hope is over the next several days, congressional leadership on the super committee, go ahead and bite the bullet and do what needs to be done. >> because the math wont change. there is no magic formula. >> the republican cochair of the 12-member panel suggested that the super committee could set a target level to come from taxes and have the...

Co-chairs, and he basically said -- it was frankly a political move, alex, to try to duck the criticism that may come in the next week that while theyre crashing on this deadline, he is somehow not as involved as he should be, so he made calls to both of them and simply said, get it done, and by the way, dont try to change the automatic cuts if you cant come up way deal. >> its sort of like the parents are away calling the babysitter and saying, make sure the house is still standing when i come ...

87 in the big d. another hot day in dallas. theres some snow in the northern rockies. few snowflakes around international falls. colder air is coming in on tuesday. along that front, rain and thunder down towards little rock. memphis, parts of texas, look at the highs again tomorrow. a lot of 70s and 80s. look out at the end of the week, richard, much cooler in your neck of the woods. highs will drop in the 40s in the big apple. richard, back to you. >> mike, great to see you inside and dry for ...

Bullet and do what needs to be done, buz the math wont change. theres no magic formula, no magic beans you can toss in the ground and suddenly a bunch of money grows on trees. weve got to go ahead and do the responsible thing. as you know by now, the 12-member bipartisan panel needs to reach an agreement on slaching $1.5 trillion over the deficit for ten years with just nine days left over november 23rd. thats next wednesday. that deadline coming, committee co-chairman, congressman jeb hansarl...

Done. the math wont change. there is no magic formula. there are no magic beans you can toss in the ground and suddenly a bunch of money grows on trees. you have to go ahead and do the responsible thing. i am prepared to sign legislation that is balanced that solves this problem. one other thing that i want to say about this. when i meet with world leaders its strike whethering its here or asia, the kinds of fundamental reforms both on the revenue side and public pension side, other countries ar...

My hope is that over the next several days the congressional leadership on the super committee go ahead and bite the bullet and do what needs to be done. because the math wont change. theres no magic formula, theres no magic beans you can toss in the ground and suddenly a bunch of money grows on trees. weve got to just go ahead and do the responsible thing. >> well, there it goes. my magic beans money tree. well, that was my plan. >> did you have a magic beans money tree? >> well, no, i had a th...

Thanks for being with us today. >> thank you, andrea. with the deadline of the supercommittee only nine days away, the panel appears to be deadlocked. will they blame congress if they fail? in hawaii, president obama. >> the math wont change. there is no magic formula, there are no magic beans that you can toss on the ground and suddenly a bunch of money grows on trees. we got to just go ahead and do the responsible thing. >> money doesnt even grow on palm trees. assistant democratic leader of...

Big debate in washington, d.c. as to whether anything is going to happen on this. when we think about the super committee, president obama taukz about it last night. >> my hope is that over the next several days, the congressional leadership on the super committee go ahead and bite the bullet and do what needs to be done because the math wont change. theres no magic formula, there are no magic beans you can toss in the ground and suddenly a bunch of money grows on trees. >> all right. so, ezra, ...