Page 18 - 149 5 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> reporter: neil, we tried to nail down the answer to the exact question you asked -- if you're going to collect all this money in taxes, where is that money going to go? what exactly is going to be fueled? listen. >> i have no clue where the money goes because they don't tell you nothing basically. you don't know nothing, and they don't -- they don't explain where the money goes. >> very confusing. i have no idea where it goes. >> no idea where the money's going. >> seems horrible. seems we've paid too much now. we don't know where the money goes. >> i think most of the time the money goes t...

At this point i don't know what the rules are anymore. they keep changing them. in july we got a letter saying if we fwreed only to 40% of political activity, even though legally we're allowed to do up to like 49.5%, roughly, not more than a majority. they said if we agreed to 40%, then they would give us expedited process. two and a half years after we applied, they would give us expedited procedures. it is not lawful. it is complete lawlessness. it is wrong. and it needs to stop. i'm going off. president obama said in may, that he would get to the bottom of this. that was a phony promise. th...

About 49.5, well, i can't tell you that because i don't know if that's in evidence. it's a 50 millimeter perspective. similar to what people see when they look. which is what john good had and which is what this has right here because this is selma moore's perspective. this is the column she looked out and around and the timing is appropriate because we had it about six, seven, eight seconds from the time of the shot, which is when you remember mr. mora did her sort of walk around in the courtroom. she said, if you timed it, it was about eight seconds. there abouts. she heard the shot, walked ...

And fresh wrangling over what some suggest is an approaching fiscal doomsday. the so-called sequestration. when $1.2 trillion in automatic spending cuts will start taking effect that includes 500 billion there in discretionary spending cuts and $500 billion in spending cuts over the next 20 years. joining me, david walker, former u.s. controller general and founder and ceo of come back america. nice to be with you. >> good to be with you, alex. >> let's talk about an op ed you wrote in politico, which suggests congress should get no vacation breaks until it resolves all the fiscal questions. a...

Rocking hal county. >> only seconds left. iowa, who is trend? >> i think it's going to be tough to beat barack obama. >> so obama, iowa. colorado? >> 17 candidates on the ballot, very difficult to say. that's even 49.5 could win colorado. >> all right. >> that's iffy. >> nevada looks to be obama. i've got to go. factor tip of the day, newspaper column you might like. the tip, 60 seconds away. [ male announcer ] choosing a winds 8 device with help from your friend. i'm thinking about upgrading... finally! jonathan was fine when you were in your 20s, but he's not right for you. good-bye jonathan...