643 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

You are seeing a bit of a run on banks. just yesterday, you have moody's coming out and downgrading the sovereign debt to junk and analysts said we could see a default, like we haven't seen on russia in 1998 with a financial crisis. and yesterday new sanctions about the export control, and potentially the technology, that are using oil and gas sector, but as you mentioned the oil and gas sector is the life blood of the russian economy. it is how president putin was able to build up the $643 billion of reserve, part of that which the west is now stopping, and putting a stop to, of their assets....

Rebuild the military. here's what i would suggest. 603 billion is not going to cut it. john mccain has a plan for 643 billion. i want to end with this thought. as hawkish as i am, and i'm not hawkish. i'm realistic. we're dealing with crazy people and we'd better get it right. you're never going to win the war through military force. if don't have a plan for the day after, it's going to fall apart. if you don't have a way to deliver services to people, the terrorists are offering a glorious death. you know what we got to offer? a hopeful life. and this is the hardest part about being a politic...

It just showed early on these two parties were so far from each other and that gap kind of remained. it narrowed a little bit, but remained for much of the three months they negotiated. >> you had some really interesting facts this this piece. there was a lot of consternation among folks on capitol hill. 535 members was then truncated down to 12 members cht you said at the end, it came down to two folks not elected. barry jackson and harry reid's chief of staff were negotiating for the super committee behind closed doors. >> they were trying to find any way forward. the super committee was at ...

Fails to come up with a deal, that would trigger automatic cuts at the pentagon and other agencies. some lawmakers say they could still scale back some of those cuts though. our mike emanuel live on capitol hill and, mike, what did the democrats say no to this latest offer? >> well, harris, the republics try to put together an offer with the low hanging fruit, the easy stuff to. win democratic support, they did not touch entitlements. they also offered to close the corporate jet loophole. here is senator john kerry on why the democrats said no. >> to have something on the table that does not a...

New cuts. that will increase the deficit. the latest news to report, a lot of them feel this will not work out. republicans have created a backed up plan about $643 billion worth of savings that nothing touches entitlements would be more acceptable to democrats. the one thing that they see with this new plan is it is too much cuts only. not enough revenue and not a plan that should take the place that goes after defense that the super committee would fail. >> yet republicans spend their time putting things to the floor on a balanced budget amendment just now. they let this effort. it was a sym...