Page 14 - Two Step Process News Today

Weve had two dry runs. theres nothing new. we understand the entitlements have to be reformed. and we understand that revenues need to be generated. so i dont like the two-step process. id rather rip the band-aid off, lets do what the american people have elected us to do. its time for us to step up. and so, i do understand that there may be additional measures down the road that we need to put in place, because our fiscal problems are very, very large. but what i hate to see happen is some smal...

times, if you can believe it. david mattingly is joining me with more on those stories and much more on this case. the wounded officer, lieutenant brian murphy, how is he doing now? >> reporter: well, yesterday, he was listed in critical condition. today, the hospital says there is no change in that. he was shot eight to nine times. he was the first officer to arrive on the scene and actually ran to the aid of a person who had been shot there in the parking lot when he was ambushed by ...

It. its a two-step process. if we okay this if we allow this it will change forever. >> how did the white house respond to that? thats a blow to president obama and his administration. >> this would be falling apart. if that happens you are talking about insurance premiums going up from 5 percent to 40 percent immediately. right before the election they have to figure out they have to blame the rich and do what they are already hitting at. thats what the issue is all about. >> the third thing th...

Knowing that it was illegal. so it is sort of a two-step process. was the contributions, they were illegal because they exceeded the federal limit is the governments theory here. that there is a limit to how much money you can give to a campaign for federal office and the governments theory is that these two people who gave the contributions, that they gave the contributions knowing they were illegal and he accepted them knowing they were illegal. so there are many steps they had to go to to rea...

Bring it up. so how is the president supposed to get anything through? >> if you believe its real, you negotiate. you do not subvert the fund and then deal with it. its a two-step process. what suggests to me is the u.s. indeed as amy reported, is undermining the creation of the fund. lets remember $100 billion in the scheme of the amount of money in the world. because were talking about a global program is not very much money at all. if you really believe in the fund, you negotiate for it. you ...

Make it? will there be a deal? >> reporter: well, jon, weve got conflicting comments and reports on all this today. the only thing we can report with 100% certainty, the supercommittee negotiations are fluid, and they are precarious. one possible escape hatch appears to be emerging, however, that the committee would agree to overall tax and spending amounts of $1.2 trillion and then punt their decisions, their provisions to the responsible congressional committees to implement them. the co-chair...

angeles mayor antonio villaraigosa. >> thats why were here today. because l.a. is not waiting on washington. im candy crowley, and this is "state of the union." on his way out of town friday, president obama called the two chairs of the super committee from air force one to tell them they needed to make a debt deal -- soon. that is not breaking news to panel members who have been spinning their wheels for nearly three months. >> we are not giving up hope until midnight on the 23rd....

assessing the presidential field with republican national committee chairman reince priebus. and americas cities, our first installment today with los angeles mayor antonio villaraigosa. >> thats why were here today. because l.a. is not waiting on washington. im candy crowley, and this is "state of the union." on his way out of town friday, president obama called the two chairs of the super committee from air force one to tell them they needed to make a debt deal -- soon. that is...

nearly three years ago. occupy wall street protesters were met by police. clashes break out, arrests were made. on this "american morning." good morning to you. it is thursday, october 27. welcome to "american morning" an incredibly busy morning. >> it sure is we start with europe. investors across the globe, news theyve been waiting for. europe striking a deal to address its long-running debt crisis. this agreement made overnight after a marathon 11 hours of talks. that has sparke...

She has been sinking ever since. down to 3% in this poll. perry guy to watch. he cannot afford another debate performance like the one that, the way you were in charge. he performed poorly. romney doesnt have to do anything. he can stand back now. significantly for him he didnt gain from perrys drop or picked up one point. i think sometimes its a two-step process. if a leader will lose ground and later get to somebody else on the bounce. that may happen to romney. >> bret: on governor perrys per...