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Businesses in line. lower taxes, lighter regulation and less government spending. the exact opposite of policies now in place. >> bret: what do you think the likelihood is this administration will heed to the debt commission. >> it doesn't report until fall and the political landscape may look different indeed. big majorities that the democrats have enjoyed might be gone. the challenge he may not is not social spending or further such entitlement programs but tackling perhaps this debt problem. if he does that, this may be the roadmap. you could see the republicans supporting the administratio...

"might." >> bret: okay. thank you much. on day 84 of the oil spill, b.p. work on a new tighter cap to the broken well. the company promised to do the right thing in a public forum for residents of the region hurt by the oil spill. the interior secretary is making a bid to prevent possibility of accidents halting offshore drilling again. correspondent jonathan serrie has the latest from new orleans. >> the obama administration revived moratorium on offshore drilling will extend to any deep water floating facility, not just those in water of more than 500 feet. presidential commission may help d...

Because only so them can't get loans to hire and expand, but the fed has other policy tools that it could use to help to push interest rates lower for example. it may have to use them. the recovery rate we have is modern and slightly above the long-term sustainable rate. it is not going to create jobs at a very quick pace. >> well, this chart shows you everything you need to know about bank lending right now. it has dropped 25% at the nation's big banks. a $200 billion haircut, bret. >> peter, what about the debt commission and the kind of tax increases that could be on the table here? >> the ...

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Anti-jihad. >> first of all, cowardly. >> somali americans are traveling to east africa to join al shabad, and there is a concern that the organization will strike out again, not just in east africa, but in the states. that's one reason white house is offering support. >> there is no more clearer signal about hateful motives of terrorists than was held yesterday. >> they are looking into whether it was a bigger plot to have simultaneous attacks in other countries but they're busy sorting through the mess in uganda. greg palkot, fox news. >> bret: attorney general holder says politics is behind...