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good morning to you. it is tuesday, august 23rd. this is "am: wake up call." i'm carol costello live in new york. let's get started with that big storm crashing through the atlantic ocean right now. irene is getting ever more powerful and may be heading toward the united states. people in south carolina already getting ready for irene. the hurricane is near the dominican republic right now. take a look at the storm from the international space station. irene is now a category 2 hurricane, but jacqui jeras says it could become an enormous category 4 later this week as it gets closer t...

dealing with our debt crisis they're wrong. they're wrong. we can't afford to just do one or the other, we have to do both. >> president will roll out the entire job growth proposal early next month in a speech. it will probably be a combo platter of tax cuts, investments in infrastructure and long-term health for the unemployed. what will governor rick perry say today? you know you're dying to find out. he's not backing down about his treason comments about fed chair ben bernanke. he says the fed should be audited. >> i think we're seeing it almost weekly or even daily, scientists...

from the summer break. president obama has actively been meeting with some to create a plan. the question is how specific will it be and will it help? white house officials tell us it's a work in progress, and will include tax cuts and infrastructure ideas that could create jobs, and measures that target unemployed, and struggling economic sectors. they say the president is working on a debt reduction proposal and will present the so-called super committee, and as you know it's the 12 lawmakers tasked with cutting trillions from the federal deficit. their plan is due at the end of no...

>> he's running for reelection. he's sago owe i'm saying he's got a lot of explaining to do about the economy if that's what he's out talking about. i don't think the folks in iowa are going to be real excited about unemployment rate where it is and the number of americans who are out of work. this president has been an ab jekt failure when it comes to the economy. >> republican candidate michele bachmann's bus will be in dpreenville and spartanburg, south carolina, today. today is the national day of action. latino groups will protest the immigration policies. he's been criticized...

phone hacking scandal that doomed a best-selling tabloid and rocked the very pillars of society. today, the parliamentary committee that grilled rupert murdoch and his son james last month released letters suggesting that illegal snooping, hacking, eavesdropping, were a lot more common at the now defunct "news of the world" than the murdochs led on. one such letter is from a reporter named clive goodman who was sacked and jailed for hacking the cell phones of the royal family. he writes to his paper's human resources department, this decision is inconsistent because, here's a name bl...