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expected to roll out a plan to cut spending by $2.7 trillion while raising the debt by 274 trillion. reid's plan would not include tax increases which republicans refuse to consider nor would it touch entitlements. my colleague, dan lothian is watching it all from his post at the white house. dan, what is the president's position first on raising the debt in installments? >> reporter: he want it is to go through 2012 and there is a sense at the white house and treasury department in particular even if you had some sort of short-term fix that raises the debt ceiling through the rest o...

koulson quit the job in january, and was arrested last month. now, the prime minister is now in the mood to apologize. >> what the public expect is not pedestriany political point scoring, but -- [ jeering ] what they want is to solve the issue out once and for all, and it's in that spirit i commend this comment to the house. >> just yesterday rupert murdoch, his son james, and top british executive for news corp, rebekah brooks, were in front of the committee. of course, there's the prime minister, david cameron facing the single biggest crisis in his 15 months as prime minister. we...

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