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Tomorrow night at the latest. that appears to be unlikely. >> what about wiggle room to stop automatic cuts from happening? >> on capitol hill there's almost always wiggle room and have have alluded to some, there is a way to change the law. but some are making the case why the other side is preventing a deal from coming together. >> republicans offered both entitlement reform and faction reform but if we aren't able to reach that then we at least thought maybe there could be a colessens around the savings that we pretty much agreed to earlier which amount today $640 billion but even there dem...

Budget. you can, for example, freeze federal work force pay, including members of congress. we can surplus federal land. there is $640 billion there that we offered up to the democrats and they said no without raising taxes. that's a true statement. what he was referring then to was back in august when we did the first part of this deal, we cut discretionary spending by $917 billion. that's a true statement. but democrats like to keep going back and counting that in the committee's work. that was done by the congress last august. the committee was charged with finding another 1.2 or $1.5 trill...

christine is busy preparing a thanksgiving feast for thursday. >> it's a full week. >> and ali is preparing to eat one. >> that's right. >> so they're off today. i'm carol costello along with alina cho. welcome to "american morning." first, new details in a plot to plant pipe bombs in and around new york city. 27-year-old jose pimentel, arraigned and made bail an hour ago. a muslim convert to plotted to bomb nypd pa control car, post office and returning u.s. troops and he was doing much more than just talking about it. our deb feyerick is here to tell us more and it appears this l...

people are trying to find an end in sight. and as he bubbles to the top of the 2012 pool, what makes newt tick? with gingrich campaign adviser bob walker and former gingrich staffer, political analyst rich galen. i'm candy crowley, and this is "state of the union." for more than two months, debt committee members have struggled with the complications of public policy and the reality of party politics. by way of good news, they're still talking to each other. >> we have 12 good people who have worked hard since this committee has been created to try to find sufficient common groun...

Sell-off globe bali when investors first jumped out of -- italian bonds for year the -- for fear the country might lose access to financing in the u.s. the dow dropped nearly 400 points banks and financials hit the hardest. by the end of the week u.s. stocks were looking up as difficult decision in italy looked more possible. all this just a reminder how intertwined our economy is with europe's. it is a major export market with big u.s. multi-national companies relying on italy and other european countries for key sales. one analyst says ge and mcdonald's already may be feeling pain. gm and ot...