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Can balance the budget. the debt is $15 trillion. randy laverne writes, how long would it take to pay down the debt if our economy returned to its most robust year and spending stayed at current hrefplts steven moore, writer for the wal "wall street journal." good morning. if you took the best year in the history of america, based on surplus, the year 2000, under bill clinton we took in $236 billion. if the debt at 15.5 trillion does not change, for 66 years you would then achieve the accomplishment of paying down the debt. that's if we don't go any deeper than 15.5 trillion and if you get a s...

And gas production. bill: this comes at a critical time. you are talking about the financial aspect of this. there is a political equation. in two days mitt romney is set to urn veil his own tax plan. now we'll see how much they align each other or parallel one another in the end. >> that's politics. i just borrow the money. the administration is desperate for revenue and it's going to take it out of some of america's most successful corporations. martha: right now the u.s. corporate tax rate sits at 35%. it's the second highest in the entire world right behind japan. the u.s. expects to colle...

>> bret: federal government is on pace to run a deficit for the month below $1 trillion for the first time in four years. treasury department says the october deficit was $137 billion. the two-month tote is $236 billion. that is $55 billion less then year ago and projects to $973 billion for fiscal year again. that is below $1 trillion for the fiscal year. federal reserve governors meet tomorrow and said to be considering a new public relations campaign. the new strategy could be unveiled next month. we could know by this time tomorrow whether a new plan for payroll tax extension passed the ho...

>> bret: federal government is on pace to run a deficit for the month below $1 trillion for the first time in four years. treasury department says the october deficit was $137 billion. the two-month tote is $236 billion. that is $55 billion less then year ago and projects to $973 billion for fiscal year again. that is below $1 trillion for the fiscal year. federal reserve governors meet tomorrow and said to be considering a new public relations campaign. the new strategy could be unveiled next month. we could know by this time tomorrow whether a new plan for payroll tax extension passed the ho...

rupert murdoch under fire in britain and in the united states. two separate u.s. agencies calling for investigations into rupert murdoch. have you heard this story? an 8-year-old boy kidnapped, murdered, then mutilated. now new york place are scouring a stream of surveillance video for answers. more on that. first, i want to begin with this. let's just plunge right into the debt negotiations at this hour. daily talks at the white house resume in one hour, and by all accounts, they are becoming more tense, more heated, more testy, the closer we get to the deadline. you know the da...