Super Commission News Today : Breaking News, Live Updates & Top Stories | Vimarsana

could affect all of us, including our own mail delivery. i'm wolf blitzer, you're in "the situation room." jtsdzer. it all begins in iowa. right now many of the republican presidential candidates are in that state, a state that holds the lead-off contest in 2012. they're working the crowds at the state fair before tomorrow's pivotal iowa straw poll. and they're taking direct aim at president obama's handling of the debt crisis and the u.s. economy. listen to some of the republican hopefuls, including sarah palin, who insists she still hasn't decided whether to run. >> i think the q...

of congress packed up and went on vacation. so now 4,000 faa workers are not being paid. tens of thousands of others involved in airport construction and maintenance are also off t job. and some $25 million are being lost every day in taxes because there is no one there to collect. that is more revenue lost in one hour than you will probably pay in your lifetime because congress members cannot reach an agreement agreement. weill tear into this developing dispute in just a moment, but here are some other stories we're watching tonight. the last pharaoh. for 30 years hosni mubarak was ...

President biden's commission. >> looking at people who might be on the commission i want to turn to rich for just a second. it seems to me we are picking people deeply entrenched in their point of view. it is just as likely these people will disagree and not be able to come to terms as is the entire congress and senate. do you agree? >> gerri do you hear me? >> yes, i can. >> what we are hearing on the commission paul ryan said on fox news sunday this morning he is not looking for too much out of the super commission. it is only charged with finding 1.5 trillion in savings that could be a mix ...

>> all right, i just want to be clear -- the president would veto a plan if it does not extend the debt ceiling into 2013? >> yes. the president believes that we must get this uncertainty, in order to help the american economy and help the american people, we must get this uncertainty out of the system, but at the same time, he's insisting, and senator reid put a plan forward on a super committee of the senate and the house that will deal in a very short period with the deficit. so, we could see serious deficit reform. senator coburn comes on next, the gang of six worked at it. they've got an ...

Clear -- the president would veto a plan if it does not extend the debt ceiling into 2013? >> yes. the president believes that we must get this uncertainty, in order to help the american economy and help the american people, we must get this uncertainty out of the system, but at the same time, he's insisting, and senator reid put a plan forward on a super committee of the senate and the house that will deal in a very short period with the deficit. so, we could see serious deficit reform. senator coburn comes on next, the gang of six worked at it. they've got an outline. there's plenty parts --...