Page 10 - Fiscal Cliffs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Talk to us about spending at the national level. >> be glad to do that. jenna: thank you for the time. jon? jon: get away from all this earthly talk of fiscal cliffs and other problems and get to dramatic new findings from space. nasa's hubble space telescope has helped astronomers discover something never seen before. we'll tell you about it coming up [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowes...

Sources saying 35-45 billion. >> you look at the infrastructure new york city, the tunnels, boston elsewhere the number really starts going up. >> flooding unique flooding, salt water. this is an uncommon storm unusual cha will be involved as well. >> the economy is certainly growing at not too great rate. an anemic rate. what does it mean for the overall economy. >> it is pretty frightening. you couple this with the notion of fiscal cliffs. the last couple weeks the stock market is getting hammered in part because the economy we talked about 1.3 percent in the second quarter. first reading fo...

Polls much better for democrats? >> i think right now we are seeing the economic times without a doubt, the talks of fiscal cliffs, problems that our global economy is in. everyone is very on edge. and the fact is, that everyone knows medicare cannot continue the way it's going. we cannot continue that spending. we simply cannot afford it. i think a very honest straight forward conversation about it is something that the republicans can potentially win on because people need to hear real answers right now. they've had enough. they are sick of elected officials doing the nibbling at the edges. ...

Track, we need some sensible tax increases but also some entitlement reform. it's the inability -- >> which is the position obama has endorsed. >> it's the inability to get anybody to cooperate. we're again and again and again hitting these fiscal cliffs. that's the problem. >> what's interesting or not interesting, perhaps the more depressing handle on this is that we talk about what's happening in washington but what is happening in the state level is i think much more entrenched in terms of economic crisis. the "washington post" notes today that state and local governments have shed 611,000...

Minimum wage. celine nashgs does he have a point? >> he does have a point but there is a political grandstand. doherty is in a fight with the city council. they have always had a toxic relationship. he always had a toxic relationship with unions in that city. he wants the tax hike. the city council doesn't want it. the president of the city council, january nest evans wants to be mayor, which is the position that doherty has. so --. megyn: internal politics there? >> yeah, absolutely. megyn: but the reason this is interesting, there are many cities across the country that are now facing simila...