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morning." -- captions by vitac -- www.vitac.com good morning. >> good morning, alina. >> good morning, everybody. welcome to "american morning." it is tuesday october 25th. i'm alina cho along with carol costello. ali and christine are off today. >> up first this morning, presidential politics as texas governor rick perry trying to one-up herman cain's 9-9-9 plan and get back the good graces of gop voters. this morning perry will unveil his economic growth plan that includes a flat tax. cnn deputy political director paul steinhauser joins us from washington with more details. he ha...

Sucker go. in las vegas today where obama is, 65% of people owe more on their home than it's worth. negative equity problem. an ore said this might take the sting out of it. but since it's similar to the previous program i thought i'd point out president obama housing program they started in 2009 was a $50 billion program a gaited money. they only have spent $2.4 billion of that. they help 1.7 million people out of the 9 million homeowners they said they would do. it's taking so long and shackles are so great. when they say we can't wait, democracy is an inconvenient thing sometimes. >> bob: t...

"washington examiner," respectively. for me, it's a simple test, at this time geithner runs the treasury department, supervised the mortgage program, supervised the bank legislation, tim geithner has supervised the too big to fail banks. he is literally just the tip of the spear for a long line of people going back through hank paulson, back to bob ruben, who have all been doing this. and to the extent to which any president, whether it's president obama, george bush or any of those protesting the banking system, it seems the only referendum that matters is a referendum on who the president is...

If you had a heartbeat, if you had a pulse, you could get a mortgage. now the idea if you only have 20% down, obviously, a lot of people in this environment don't have -- jenna: yeah, who has the cash? >> >> ideally, that's the way you want to go into a house. jenna: the obama administration wants to kind of get out of the extra stimulus that was put into fannie mae and freddie mac, they're trying to unwind the institutions we've taken over during the crisis, and there was a plan of $30 billion to help people modify their mortgage. now, they also want to get out of that plan, but have the bank...

And 5 million more facing foreclosure this year, protesters want state governments to put even more pressure on the banks to help those who were illegally evicted. but ongoing government efforts to stabilize the housing crisis are also under fire. republicans want to roll back two new obama administration programs, aimed at getting foreclosure victims back on their feet. saying that they're a waste of money. so where does this leave the average homeowner? and how do they protect themselves? the chief program officer of the national community investment coalition joins us now. david, good morni...