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Philadelphia crash. dont tell that to house speaker john boehner. for that we turn to senior washington correspondent joe johns. he got heated. >> michaela the speaker of the house reacting angrily to reporters questions about attempts to link reduced funding for amtrak to the crash in philadelphia. the question came just a day after the house appropriations committee voted to reduce funding for the rail system by more than $200 million just a couple days after that crash in philadelphia. a sens...

Do you agree that thats a stupid question? >> i believe its shameless that we have some of our colleagues trying to exploit such tragedy like this for funding. we need to figure out the facts first and then move forward. and we have passed in the house a bill to significant reform the management and operation of amtrak. i think thats where you start. making sure amtrak is doing everything in the right way to maximize the dollars they spend. i dont believe they maximize those dollars today. >> al...

Talks, this is a very delicate negotiation. >> it is indeed. of course we just heard recently saudi arabia say if iran is allowed to have nukes then we want them too. we want nuclear technology. theres a lot of heated rhetoric in that region right now. and there are too many different pieces balls in the air if you like. the last thing you want at this stage is some rogue revolutionary guard unit deciding that they want to sort of move the needle in another direction. and going half into the sit...

That stupid movie "the interview" look like a documentary about this guy. is there any chance this is hype governor designed by the north korean propaganda machine to make this man look in their own perverse view as powerful. you still got me gov? i dont think we have him. well try and get the satellite communication better. there are important questions here and few can answer them as well as the governor. this is going to be a big story going forward. and were going to report on it as best we ...

Standpoint stopped by a government agency of the obama administration thats one of the problems is not out there. let me tell you something else if people want to stand up and change the situation, the house has already passed back in march a significant reform bill to amtrak. its on its way to the senate -- its in the senate. if the senators over there want to talk about amtrak what they ought to be talking about is this significant reform bill that will do the things im talking about to change...

And do we have to deal with it clearly if we want to make the situation better? >> chris, look i agree with the speaker in the sense that -- >> you think its stupid to say that this situation had to do with infrastructure when youre hearing exactly that from the ntsb? >> no, chris what i believe is this accident did not have anything to do with money. it had to do with a failure on either the operators part or the equipments part. again, it did not have to do with money at all. one of those two ...

Already so much tragedy and devastation. all right, barbara, thank you for that. turning now to the new developments in the moments leading up to this weeks deadly amtrak crash. the ntsb says it took only one minute for the train to accelerate from 70 to over 100 miles an hour ahead of that fateful curve. cnns government regulation correspondent rene marsh has more live from philadelphia this morning. rene. >> reporter: good morning, michaela. investigators say that at first search here no pro...

Now. christine romans in the money center. >> higher interest rates are coming be warned here. according to a new "the wall street journal" poll experts think the federal reserve will wait until september to begin hiking interest rates. rates have been rock bottom for so long. you can be sure everything from credit cards to car loans to home loans are going to eventually get more expensive. right now the average 30-year fixed rate mortgage by the way 3.85%. you expect that to slowly start to ris...

Traveling much faster much faster rate as high as 110 miles per hour. so they had that automatic braking system on the opposite side of the tracks. didnt have it on the side where the accident happened. we asked amtrak why, they say because the speed limit on this side is much slower. and so they say the risk was slower. chris. >> at this point, rene theres no question that the speed of this train and the lack of any infrastructure or technology whatever you want to call it to stop the train is ...

And has to be addressed not six years ago, not four years ago but this horrible accident shows something should have been taken care of without any political discussion or debate a long time ago. and you remember we only have one individual that we know of in front of this train. there are two individuals in front of an airplane. i think the question should be asked why isnt there more than one individual on this locomotive. whether you have a failure of the engineer failure of mechanical or ele...