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Preliminary findings about the keystone pipeline. it might be a way for the administration to finally say okay. we can see the benefit of $127 billion a year. 552,000 jobs annually. then you see all the money coming in the treasury, that is real money. we have don't have to talk about whether or not $85 billion is real cuts or fake cuts. >> bob: the real income for americans fell 3.6% in january. one, the vacation from fica taxes, social security and medicare has come back on. the other thing, a lot of big wall street firms gave their bonusebonuses in '12 opposed to. with that, consumer spent ...

Estimate, which sounds good, but it's actually bad 'cause that means the economy is stalling, money is stalling. just very tough. >> brian: how did they measure whether people are jumping back into the work force, therefore, inflating the numbers or are people just staying on the side lines? do they have a measurement? >> i mean, this number is really staggering and shouldn't be going higher at this point 'cause this is first-time unemployment claims. these are people just now losing their jobs. this number is sort of the most staggering 'cause it should be going much lower. if you're keeping ...

1.9% and the truth is there are 552,000 fewer americans working now than when he took office in january of 2009. and we've now had 40 straight months of unemployment above 8%. this is not fine by any measure. it is shocking and it's unacceptable. after republicans jumped on his remarks, the president tried to clarify them later in the day admitting that the economy is not doing fine but maintaining that the private sector has seen momentum. look, the bottom line is this -- the president measures economic strengths by how big the government is but he has it backward. government won't have tax r...

ththis is your a.m. wake-up ca. ir ip i'm ali velshi fk . let us quickly eat our peas even though it is breakfast. we talk about the debate over the raising of the debt ceiling. if it were a movie, you could call it, dude, where is my compromise? the debate is getting testier and more partisan. president obama told cbs news if lawmakers don't have a deal in place by the august 2nd deadline, holder americans could feel it next month when the social security payments are due. >> i cannot guarantee those checks go out on august 3rd if we haven't resolved this issue because there may sim...

security checks but veterans benefits, other -- >> right. >> that's a scary process. >> starts to get mathematical. we have to figure out what gets paid and what doesn't get paid. another big story right now, a massive and dangerous heat wave is gripping much of the nation. here's how it looks and feels across the country. take a look at the red quarter. temperatures expected to reach 104 degrees in parts of texas today, in the southeast, temperatures are expected to reach the upper 90s and more than just uncomfortable, it's dangerous. heat has already claimed the life of at least on...