with the activist movement against the banking system. jon: but the money has got to come from somewhere. what they don't in fees they will find another way to make up, right? >> reporter: that's right, jon. in fact top executives of bank america was on a wall street conference call and they said, you know what? the existence of the debit card fee was hurting the franchise and hurting the image. industry estimates the loss of charging that fee would lose about $6 billion a year for the banking system. they could, you know, possibly make it up, likely make it up elsewhere. back to you, jon. jon: liz macdonald, fox business network, thanks. >> reporter: delighted. >> multiple reports today hope is fading for a deal on the federal deficit. in less than two weeks drastic automatic cuts for the budget are supposed to kick in if the super-committee can't come up with a agreement. we have reports he said/she said. we have democrats reportedly reegg ing the latest gop plan. there is reportedly no