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u.s. oil companies, are raking in near record profits, so why are they still getting huge taxpayer subsidies? i'm wolf blitzer. you're in "the situation room." he skipped the last presidential debate and sidelined himself in iowa saying he wants to focus on the first of the nation's primary state. jon huntsman is betting almost everything on new hampshire, but is trail ng the state while romney is enjoying a substantial lead and now, huntsman is joining some of romney's sharpest critics in questioning romney's conservative credentials. jon huntsman is joining us now from salt lake ...

economy came out just minutes ago. christine roman has those and then zain verjee looking at reaction to a deal made on the debt crisis and alison kosik at the new york stock exchange where your 401(k) could enjoy a big day. christine, let's go ahead and start with you. before we focus on the big debt deal, if you don't mind, let's talk about what this means. tell us about the economy and the good news we're getting. >> all right, first of all, gdp. how the economy grew in the most recent quarter. the third quarter. 2.5% kyra. that's twice as fast as it was in the second quarter. it ...

wealthy. >> to my great disappointment, it appears the politics of division are making a great comeback. instead of working together where we agree, the president has opted for divisive rhetoric and broken politics of the past. he's going from town to town impugning the motives of republicans setting up straw men and scapegoats and engaging in lazy arguments as he tries to build support for punitive tax hikes on job creators. >> he went on to say that many americans share my disappointment. here is some of the language that ryan and other republicans are objecting to. >> their plan, ...

downgrades of our economy are coming. the president rolling out some changes to his tenth housing plan today in one of america's hardest hit cities, las vegas. >> if you meet certain requirements you will have the chance to refinance at lower rates which could save you hundreds of dollars a month and thousands of dollars a year on mortgage payments. >> in a nutshell the plan increases the number of home owners eligible to refinance. now the administration says it would allow more of the five to seven million under water home owners who are still current on their mortgage payments to ...