Page 2 - Trigger Cuts News Today

From here on out, how does it resinate with the public heading into the election? >> congress has been unpopular. its going to continue to be unpopular. a lot of people sit and shake their heads. its another example of washington gridlock. the president didnt get involved. we look at reasons why this morning. if he got involved and something didnt pass, well, then there would be a blame on him. if he doesnt get involved or did get involved, something does pass, then you have these difficult soci...

Trillion, that hes the deal. stick to it. >> right and hes trying to do that to cut off what the republicans have already been talking about. >> rick hughes from california talking about it. >> get rid of the trigger cuts for the pentagon about $500 billion over ten years, and the president is saying if you try that, and if you manage to buffalo the democrats in congress into voting for it or if you manage to overcome a filibuster and get it to my desk, i will veto it. its got to stick to the $1...

ripples of relief spread from europe across the world market. a deal has been reached to tackle the e.u. financial crisis. european leaders have agreed to expand the e.u. bailout fund while private sectors will take a 50% loss on greek bonds. the european agreement translated into a huge day for u.s. stocks. lets go to alison kosik at the new york stock exchange. the closing bell just rang. how did stocks finish? we dont know the final number, but we know its very positive. >> it is. t...

Straw poll. its not much of an indicator of whats happening with the election next year. a better weather vane would be what happens in wisconsin. take a look at whats on the line there. they say its a better weather vane, thats his word, because it will show how strong the tea party is and how big their influence is. he says a good showing on the part of the republicans will energize the tea party. a good showing on the part of the democrats would energize obviously their base. well, as we wake...