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Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

>> bill: mind over matter. okay. now, the republican party as we have been discussing, you know, is basically coming in very, very aggressive. i understand. i think that's a good strategy. they have to stake their turn out very, very quickly for the american public is very impatient with what's been going on. i do believe that the spending stuff far overrides the individual stuff like obama care. am i wrong? >> well, i think they are hand in hand. i think the american people believe that the reason we are in economic constraints in economic straits and difficulty is the actions of the obama ad...

Gibbs acknowledged the u.s. is not immune to this but no indication the white house is slowing down on any of its spending stuff that could leave, well, us stuffed. today just signing something called the manufacturing and enhancement act of 2010 at the white house. moment ago the feds signaled it will look at $18 billion in government debt in a bid to jump-start the economy. that means the federal reserve is going to pounce into the markets to buy up mortgage-backed securities, treasury securities, in an effort to bring yields and rates down more. they're already at zero my friends. i guess w...

To "cashingin". our crew this week, max beres and tracy burns and joining us for the first time here in our new york studio, hello to our good friend christian dorcy from the economic policy institute. john will be back next week. he's hobnobbing in south africa at the world cup. poor, john. welcome, everybody. jonathan, did we just find a way to solve america's debt crisis do you think? >> well, i mean, cheryl, 70% of its taxes are paid by such a small few. 20% of filers and as you pointed out, 40% of filers not only pay no taxes but actually get money back from the government. we need to not...