Logjam Break News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Her 13th birthday. jenna. jenna: horrible story, steve, thank you. jon: it was a deadly crash at sea. a cargo ship that sinks after slamming into a seawall. details of the rescue efforts that were not entirely successful straight ahead. plus a look at the markets as we wait for a big announcement from capitol hill, up 194 points right now on word that there may be a logjam break in washington but it was way down yesterday when a house plan fell apart. next we'll talk about where you should put your money these days. twins. i didn't see them cing.

opportunity to do something big. we have a chance to stabilize america's finances for a decade, for 15 years or 20 years. if we're willing to seize the moment. what that would require would be some shared sacrifice and a balanced approach that says we're going to make significant cuts in domestic spending. and i have already said i'm willing to take down domestic spending to the lowest percentage of our overall economy since dwight eisenhower. it also requires cuts in defense spending. and i've said that in addition to the $400 billion that we've already cut from defense spending we'...

If they show me a serious plan, i'm ready to move. even if it requires some tough decisions on my part. and i'm hopeful that over the next couple of days we'll see this logjam break, this logjam broken, because the american people, i think, understandably want to see washington do its job. all right? so with that, let me see who's on the list. we're going to start with jake. >> thank you, mr. president. you've said that reducing the deficit will require shared sacrifice. we know -- we have an idea of the taxes you would like to see raised on corporations and americans in the top two tax bracke...