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Bowlessimpson proposal. Erskine bowles saying the gop offer does not represent the plan, he says both sides are kind of far away from it at this point and that its now up to negotiators to figure out where the middle ground is today. Bowles said that the mid point that i used back in this is where we were last year. So used the mid point of the negotiations, but its in longer the mid point i guess. He also said he is a testimony, but he has separated himself from the administration by saying that they thoo should have taken more of their proposals more seriously. He also said last night that y...

Had aimed to enroll half a Million People in october alone. Committee chairman dave camp. It doesnt look like youre even meeting your own projections that you had prepared. Reporter tavenner took over the centers for medicare and medicaid eight months ago. Can i tell you, my stritz frightened. Reporter republicans like kevin brady of texas argued her relatively small agency simply was not equipped to implement a huge new law. So what i can guarantee is that we have a system thats working. Were going to improve the speed of that system. Excuse me. Yes . Youre saying the system right now is work...

Or injuries so far. In washington, executives from comcast and Time Warner Cable will try to convince senators that their proposed merger is good for the consumer. It is the first congressional hearing into the 45 billion takeover. Critics of the deal will be testifying. Peter cook has much more. Comcast is going to say what exactly . Contest will make the case this is in the Public Interest. It is not a big concern for congress or anyone else. The number one and never to Cable Companies in the country are combining with this deal. The sales pitch has been going on since the deal was announced...

Should lower their expectations, their threshold, for unemployment. Right now its 6. 5 , before they start tapering. They could lower it to 6 , maybe even 5. 5 before they start seriously thinking about tapering. And any guess as to when we get 6 unemployment, that could be a ways duown the road here. The 6. 5 level was the key reason you and i were not expecting the taper because we werent even near that. To think were going lower, 5. 5 as a marker, is extraordinary. Well be joined by bank of America Brian moynihan, well have a discussion with this on Interest Rates, and a lot to get into wit...

Face a full set of challenges. I worry about complacency, governments that have never successfully forecast a recession a year in advance, that missed the 2007 financial crisis, that missed the 1987 stock market crash, t missed the latin american debt crisis and missed much more. I worry about how well macro prudential can really work on, though its an attempt worth making. And i think much greater emphasis needs to be placed on making a system that is safe for ignorance can and court reportereporter error. And that means emphasis on capital markets, emphasis on liquidity, emphasis on strength...