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Taxpayers-- >> because it only applies to-- >> nobody is getting a rate cut on anything and even on the new loans going forward it's not everybody, not all category of students loans, but it's enough and under budget rules, 6 billion next year and 3.4% rate is capped, a lot more in the future. >> if it's capped for one year as the proposal would do, probably going to be very hard to ever raise, is it not. >> that's the danger, if this becomes a part of this washington herd of sacred cattle, 3.4% raise becomes a basic american right and look an at uncle sam borrow heing at 3.1. let's say intere...

Water. >> coming up, he tenders his resignation over the european budgie rules. budget rules. that's one story we won't be doing. and should athletes face criminal charges for violence during games. our panel of jocks will discuss.

gunman, and new emergency alert system put to the test. we have a deal. leaders of the eu crisis say they have a plan to save a continent. so how are stocks reacting and why isn't britain onboard. and iran shows off what it claims is a top u.s. secret drone, but is it the drone or dummy? some say iran may be pulling a bait and switch on this "american morning." -- captions by vitac -- www.vitac.com and good morning to you. happy, happy friday. it is december 9th. >> carol's favorite day of the week. >> except for saturday and sunday. >> ali off, i'm carol costello along with kr...

someone into the country. the group allegedly planned to forge travel documents for gadhafi and his family. saeed gadhafi's lawyers deny these allegations. it is the latest conviction under the kingdom's strict laws against defaming the highly revered monarchy. two child trafficking rings in china have been busted by police after a six-month investigation. 178 children were rescued in the nationwide operation and 608 people arrested. chinese police say it is the biggest achievement since the launch of a national campaign against human trafficking. those are the head liens from cn...

Healthcare law or getting rid of it. >> it would take away seniors for a free wellness check and make seniors pay more for prescription drugs. it would raise taxes on small big and add trillion dollars to our deficit. >> let's not anyone hide behind the point that it would add to the deficit. only in washington would somebody claim that spending trillions of dollars on a brand-new government entitlement and massive bureaucracy will save money. >> lawmakers were able to agree on the onerous paperwork. they are still voting now on the repeal and likely to go on a point of order, democrats sugges...