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He takes a hacksaw to programs that aid the poor. he save s 2 prildz by repealing the affordable care act. snatches another 129 billion by privatizing medicare. and block granting medicaid to the states and this is a guy crowing about his concern for the neediest. he cuts $125 billion from the food stamp program. what does america get in return for all that pain? most of america doesn't get a whole lot. the country's wealthiest gets a tax cut. ryan lowers income taxes, by cutting two rates. the the corporations get a rate, current 35% dropped to 25%. rich people, check. corporations, check, an...

information about overahead costs of the pbs nationally, the pbs headquarters in washington and the commission tier's office. i believe we responded to that in february or march. up next, food stampls. tens of millions of americans rely on them each and every month. but some many the house want to cut them to save something else. the it's a move our next guest is calling appalling. >> announcer: with nothing but his computer, an identity thief is able to use your information to open a bank account in order to make your money his money. [whoosh, clang] you need lifelock, the only id...

longer the elephant in the room, governor rick perry announces he's joining the republican party for president. >> he may be the republican front-runner but he was not feeling the love at the iowa state fair. he got heckled and laughed at over three words he said, words he may come to regret on this "american morning." -- captions by vitac -- www.vitac.com ing. >> oh, thank got it's friday. >> wait a minute. i've got to move my stuff. >> good morning. happy friday to you. it's august 12th. welcome to "american morning." up first, texas governor rick perry, the elephant in the room,...

Part one, line one of any growth strategy has to be dealing with the deficit and not put it off. >> he hopes to reduce it by $129 billion over 4 years and that's a severe challenge socially for nothing else. thursday, the bank of england will issue the decision on uk interest rates an markets will be watching that closely. joining us to talk about that and what else is store this week is chief market strategist asher flighty. let's look at central banks. i don't think we expect a change from the bank of england but do you think that the inflation threat is such that we have to change our calcu...

>> students and parents will figure out where they are getting ripped off. >> a family that prepares themselves for that high tuition cost. we made it a priority. four kids in college at once my dad had. >> four at a time. they didn't get much help either, did you? >> i would stay home for a semester to work to pay for the next semester tuition. more pound for the candier to me and others like us in the real world who had to work our way through college. >> look what it costs now. i hear these astro gnomical figures. 3040, $50,000 and up. >> for the 2009, 2010 school year more than $129 billio...