Debt Reduction Effort News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Congress will have to clarify the clean water act to resolve the issue for good. bret? >> bret: active session for the court. >> it is. >> bret: thank you. federal reserve chairman ben bernanke says the u.s. banks could hold up if europe's debt crisis gets worse. bernanke who testified alongside treasury secretary tim geithner told lawmakers today the american system still remains exposed to europe's problems. speaking of europe, portugal was able to borrow $2 $2.5 billion of sharply lower prices today. good news for its debt reduction effort. greek lawmakers approve a new bail-out deal whil...

So if you go to the country, you will never get this done by simply asking republicans to do it. but if you go to the country and change people's minds, you can get it done. and i think that's what the president will relish doing over the next month. >> do you think the public knows that the top 1% of the country made 20% of the income? the top 20% makes 60% of the income. those numbers, do they resound with the public? are they aware that there's kind of economic inequality in the country? >> i think the public realizes that economic inequality is on the rise, and most of all, what the public...

Those numbers, do they resound with the public ? are they aware that there's kind of economic inequality in the country? >> i think the public realizes that economic inequality is on the rise, and most of all, what the public realizes is that the middle class is struggling. they know that median income has gone down. it's harder in 2010 for a middle class family to pay the bills than in 2000. but they do know that the people at the highest end have done very, very well. and i think they feel -- i don't think people feel resentment towards the rich. they just want them to do their fair share. >...

Made 20% of the income? the top 20% makes 60% of the income. those numbers, do they resound with the public? are they aware that there's kind of economic inequality in the country? >> i think the public realizes that economic inequality is on the rise, and most of all, what the public realizes is that the middle class is struggling. they might not put it in these terms. they know that median income has gone down. it's harder in 2010 for a middle class family to pay the bills than in 2000. but they do know that the people at the highest end have done very, very well. and i think they feel -- i ...