Page 3 - Support Spending News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Good morning, again, everybody. welcome back to "way too early." it's 5:30 on the east coast, 2:30 out here in the west. i'm jacob soboroff. joe manchin is calling on his fellow democrats to take a pause before vangs historic $3.5 trillion budget plan. the senator is out with a new opinion piece in "the wall street journal" titled "why i won't support spending another $3.5 trillion." he writes this. instead of rushing to spend trillions on new government programs and additional stimulus funding, congress should hit a strategic pause on the budget-reconciliation legislation. i for one won't sup...

taxpayers have been unfairly labeled as lazy. >> and the criminaled cruise line is pushed -- finally pulled into port. we're live in the seychelles for that. first up, let's get straight to the european stock market action. these markets have been open for the best part of just over an hour. this is how the indices are performing. a little die cot many between the two eurozone markets. the cac is trading down about .25%. ftse 100 up. what has got their attention. ben bernanke's comments are weighing heavily on sentiment not just across europe but also across the world markets as well...

Current economic circumstances. and making the point that an economy that was constrained by lack of demand like the present one, overwhelmingly larger effect of unemployment insurance to support spending, incomes and job creation. >> in a different economy what you wrote there doesn't necessarily apply is what you are saying? >> no. yes. what i wrote there is being taken a bit out of context in the excerpt you're using. >> all right. larry summers, great to have you on the show. we appreciate your time this mitt romneying. >> thanks a lot. all right. coming up, why bp's tony hayward may be ...