Page 26 - Money Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Good morning, i'm carol costello. thank you for joining us. stories we're watch negotiate newsroom, at 31 minutes past the hour. opening bell rings on wall street, stock futures get a bump on news that a bailout for cyprus could be hours away. investors keeping an eye on the tiny country's money problem, which could be the key of the euro's future. a deadly shooting spree at marine base quantico. the shooter was a marine. he killed himself after shooting two others people. christopher xzahn, marine corps spokesperson is on the phone. >> good morning. >> takes through how the shooting went do...

One of the keys to the election was that between april, when he became in effect the nominee in august, he was out of money and that is when the obama campaign really bashed him both on tax returns, and also bain capital. and i asked him about that. i said i know you didn't have money but couldn't you have done more to blunt that? you know, we tried and we did have a money problem, we did try to do it but it never moved the meter when we would do things like that. the only thing that would move meter in our polling when we, the romneys attacked obama on his programs so, you know on the one han...

Congressman is pretty impressive. certainly it was tim scott's old seat. mark sanford's old district is not exactly that district either. it's been redrawn and it's sort of a new district that tim scott just won. back to what jamie said. we don't have a money problem in washington. we have a spending problem in washington, and still would contend that sequester is on its way. we'll start tightening the belt of the federal government. it's gotten too big, too intrusive and -- >> is this a way to make it smaller? is 85 billion across the top indiscriminate, is that the way to shrink government? ...

All of those were badly handled and nothing is as badly handled as sequestration because of the shackles on the service for moving money around in the services and putting money where it's needed most. particularly, when we're an army at war. because we have to be able to send trained and ready soldiers into the combat zone ap move them back to the united states before they-- before the stress of combat gets to be too much. >> so it's really sort of a structural problem more than a money problem and we're trying to solve it while fighting about money? >> absolutely. it's the fact that the mili...

The american taxpayers, and i'm taking the last word on that. thank you. and the federal government face ago money problem, turns out the federal government is going to run out of money sooner he than we thought. mid february. what about our credit rating? that's just starters. and eric hill joins us, nice to see you. we've seen the debt the end of december, now what. >> timothy geithner is taking extraordinary measures to prevent the u.s. from defaulting on obligations such as social security benefits and tax refunds and he has about until mid february, experts estimate or about march 1st in ...