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Simpson-bowles. i don't believe all parties are going to get out before an election. i wish we could, i wish we could. you have been blunt with me in the past about how politics overtakes the best intentions of people on both sides of the aisle, is this what is going on? >> it appears to be. this is probably the oddest experience i have had since i have been here. i have colleagues that have been here longer, but to have a mark up notices and go to the mark up. in advance of the mark up, told we are not going mark it up. we are going to take opening statements, adjourn and after the election, ...

2012, the democratic national convention is coming to north carolina. >> that's the party chairman talking about the party convention. president obama visits north carolina next week. i can report the dnc is doing everything they can to get parker to leave. he apparently just won't leave. any hope the senate would break the budget deadlock before november seemed to vanish after the budget committee said it was the wrong time to put one up for a vote. >> south dakota republican john thune is a member of the finance committee. he joins me now. senator thune, good morning, sir. >> good morning, c...

Wouldn't the responsible thing to do be to put forward a budget that deals with entitlements and put down the marker for your party and your body to say here's what our budget would be on medicare and medicaid? >> absolutely, and i will do that. we will have a mark-up in the budget committee. and i will lay out a plan that will be a ten-year plan. even though we have in place the budget control act. and by the way, i think there was one other important point to make. a budget resolution is not the law. a budget resolution never goes to the president for signature. a budget resolution is purely...

least 13 killed on monday including five people shot. five others were soldiers trying to defect. meanwhile, a u.n. spokesman says the arab league has asked for help. and pakistan supreme court has ordered the prime minister to appear at a contempt hearing on thursday. the judges want to know why he hasn't pursued corruption charngs. those are the headlines from cnn, the world's news later. world business today starts now. >> hello, welcome to "world business today." >> and i'm andrew stevens. thanks for joining us. science in a slow down, but china's enveeble growth continues sparki...

People. here's what the treasury department says. "both tarp and the auto industry rescue are still on track to cost a fraction of what was originally expected during the dark days of financial crisis. but in reality, dealerships like mark would still be in place if they had a traditional bankruptcy. mark, thanks for telling your story. tammy, thanks for doing your great work and go get that book, it shows the personal story of hundreds of family-owned businesses that had the rug pulled out from under them. it needs to be told. thanks so much. hunters, hold your fire. the government wants to k...