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ripples of relief spread from europe across the world market. a deal has been reached to tackle the e.u. financial crisis. european leaders have agreed to expand the e.u. bailout fund while private sectors will take a 50% loss on greek bonds. the european agreement translated into a huge day for u.s. stocks. let's go to alison kosik at the new york stock exchange. the closing bell just rang. how did stocks finish? we don't know the final number, but we know it's very positive. >> it is. the numbers are settling. we're seeing the dow up 340 points. the nasdaq s&p up more than 300%. th...

official that he will be unveiling his job plan when congress returns in september. they return early september after labor day. a senior administration official billing this as a major speech and telling us that this is likely to be a mix of tax cuts, of infrastructure spending, and something to address those that are the long-term unemployed. the thing to consider, kyra, all of those things laid out there are items republicans are flatly opposed to or opposed to the way in which the white house and democrats so far have said they want to execute those issues. in the meantime, we ar...

Principal. there is a divided idea logical within the elite who is lost back and forth and the battle? within the mass of the public, there is a core set of principals >> it may not be principals, but it's political how on issues things that are supposed to be like abortion and drugs and people are comfortable with it. >> i hope that's right. let's take one we were talking about. immigration is maybe this was the most television that evokes all sorts of passion >> this is where i think representative gutierrez spoke. the core is a comprehensive path to citizenship. i think and also to give rig...

>> per we are a country divided. in which we felt a victory and we are rallying common american ideals and not around common ideals washington is split and the fighting is increasing. are we facing divide splitting america in two? joining me are nick gilespie from reason.com and editor and publisher of the nation. do you agree or disagree we are fundamentally divide and there is not the core set of principals that used to bind us >> democrats and republicans are divide and what we are witness suggest all the polls show this whether it's the harris poll or gallup. they came out with a poll that...

You don't get in this for the fame. you don't get in it for the title. you get in it because somewhere in your background at some point in time you decided there was an issue that was so important that you were willing to stand up and be counted. you were going to fight for something. and you decided you were going to run as a democrat because there was a core set of values within the democratic party about making sure that everybody had a fair shot, making sure that middle class folks were treated fairly in our economy, making sure that those who were on the outside had a way in that led you ...