Rick Holguin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The deficits are at the levels we showed a couple of seconds ago we're going to put ourselves deeper and deeper into a hole. what is the answer? >> i think the actual answer is what a lot of economists are saying, is spend now or spend later. if you spend now, you're going toward off deflation, because the economy is still very weak. you still have -- if it's not re -- recessionary, you have job unemployment above 10 percent, you still have growth at about 1 percent. if we get out of the economy with 1 percent growth at the end of the year, don't double-dip technically, we're still in a really...

Suspicious package of some kind of metal box from the reports we're getting, outside of the revenue office in durham, north carolina. that prompted them to evacuate that building. we are watching this person from the bomb squad who continues to make trips sort of back and forth to this metal box and do thinks very, very careful work to determine whether or not there is indeed anything dangerous in that box, but by all ways of looking at this so far, it appears that they are concerned about it. they've brought in this bomb squad. ace was take to sick earlier -- as i was saying to rick earlier, ...

A ramp down into the water away you go. very cool now. to put it in perspective only 23 feet in length, $140,000 now with financing available on one of these it's very affordable. you can get in one of these today. rick: you can park it at your house in you have a nice size garage. i was reading you could get a license to fly one of these aircraft a lot easier than a more traditional aircraft. >> let's wheel around and take a look inside. with a sport pilot license it doesn't require you to get the typical faa40 hours of training, you only have to get 20 hours of training, and if you buy one o...

Calpers the biggest fund there is only 17% chance they will be able to make good on their obligations. >> stanford students have taken a methodology and come up with that report. >> reporter: the director of external affairs at calpers says the study is flawed. she insists calpers has a tremendous as set base and is doing just fine. >> we have $200 billion. we have the ability to meet every retiree who retires we have the ability to pay their pensions without dipping into our assets. >> reporter: despite the warnings from stanford and the governor the legislature rejected a bill that would hav...

Partners and they want to see the u.s. military push back that date saying we need to stay until the job is finished. martha: thank you very much, reporting live from kabul, afghanistan. rick: back home the growing heat wave is creating serious concerns for people walking through the soup pea weather in our nation's capitol, the washington d.c. area now under a code red air quality warning. that means the temperatures are approaching one hundred degrees and locals are advised to stay inside air conditioned areas and avoid any strenuous exercise and work outside. >> i go from one shade spot to ...