Page 3 - Exploding Debt News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> president obama was holding a fund-raiser at tyler perry the hollywood director and it shut down a lot of atlanta. >> greta: you live here in washington you get it on both ends. now to the story about the exploding debt. this is a fiscal crisis after the election, is that what they are saying? >> there are a lot of decisions that have to be made this year. there are automatic spending cuts that may or may not take place in january. what about the bush tax cuts? those are set to expire at the end of the year. are they going to be extended, are they going to be ended or half and half? so all ...

Supplemental. one member doesn't support the war because he doesn't think it has been explained a cat withly. >> i think we need a new debate on the course of this war with and i felt that for a long time, not connected to this new wikileaks feeding frenzy. i feel that because the surge in troops, at least in my view, i don't believe will -- the expansion of our military footprint will make us safer there and i also believe that in an era of constrained resources, obviously, no one is missing joblessness and the exploding debt and deficits that we cannot sustain $100 billion or more spent on a...

Make sure we can show the world that we're willing as a country to start to make progress bringing down our long-term deficits. >> raising taxes to pay down the deficit or cut the deficit and begin to rein in the exploding debt is an idea that's gaining traction. alan greenspan says, don't just raise taxes on wealthy americans, raise taxes on everybody. but what about cutting spending? >> experts say you have to do both. the head of the president's fiscal commission says he finds it interesting how the british did it. in their debt reduction plan they leaned more heavily on spending, 75% on sp...

Most everyone including his fellow democrats by surprise senator evan bayh announced he would not seek re-election. creating the next surprise even in a tough year for the majority party retirements are still greater among republicans. the third surprise bayh's timing might actually limit the choices for the gop in that race. the indiana senator today saying he will not seek a third term. former two-term governor cited his disillusionment with congress. >> for some time i've had a growing conviction that congress is not operating as it should. there is much too much partisanship and not enough...

Authorities are fearing this year's celebration might be disrupted by new anti-government protest. last june demonstrators took to the streets to denounce the presidential elect. security is very tight in the capital. there are reports that internet and text messaging services are being disrupted. developing story out of haiti judge's decision expected tomorrow on the possible release of those 10 jailed u.s. missionaries. the member of the idaho baptist group were arrested and charged with child kidnapping accused of trying to take more 30 children across the border into the dominican republic...