Page 46 - Tim Farley News Today : Breaking News, Live Updates & Top Stories | Vimarsana

this year. there you can see him. it's an extraordinary turn-around in the fortunes of hosni mubarak, from long-time iron-fisted ruler to inform, elderly defendant. he faces the death penalty if found guilty. cnn's mohammed jamjoom is in cairo and he joins us. what can you tell us about these developments? >> reporter: we can't stress enough just how historic this is. it's unprecedented a ruler like hosni mubarak, the deposed leader of egypt would be in that courtroom wearing a prisoner's uniform in a cage on a stretcher as a defendant. it's shocking to people here in egypt. many peo...

your coffee or trip on your treadmill, so get ready for this. the price tag, more than 1 $.7 billion. that is how much extra interest the government will have to pay investors because it had to sell treasury bills to finance its operations in the middle of this mess. if the mess had been worked out even two weeks ago, that money would have been saved. now in the bizarre world of washington u you spend money to save money. here's some wisdom from gloria bo borger who is part of a panel. >> look. if you look at this down the road, we have some other landmarks that are coming up in nove...

about the same amount, sets up a bipartisan committee to find other ways to trim another trillion and change from the deficit. think of it as a deficit posse. it calls for both chamber of commerce eventually to pass a balanced budget amendment to the constitution. they don't actually have to pass it, they just have to vote on it. and the president and house speaker admit that the plan is not perfect, but hey, there's a deadline tomorrow. here's what the president said, then you'll hear from a freshman republican who, by the way, is dressed casually. give him a break, it was late on s...

trillion in cuts over ten years, raises the debt ceiling about about the same amount, sets up a bipartisan committee to find other ways to trim another trillion and change from the deficit. think of it as a deficit posse. it calls for both chamber of commerce eventually to pass a balanced budget amendment to the constitution. they don't actually have to pass it, they just have to vote on it. and the president and house speaker admit that the plan is not perfect, but hey, there's a deadline tomorrow. here's what the president said, then you'll hear from a freshman republican who, by t...

we hit it in may. if they don't comeup with a dee. they have a scheduled meeting in about five hours. listen to how far republicans, other republicans and democrats are. this is from "anderson cooper 360" late last night. first majority whip steny hoyer. >> even within their own party, it is deeply divided party, divided against their leadership, angry at their leadership, and a party that has divided itself, has difficulty working with the president and with us and that's unfortunate and the country is the poorer for it. >> i don't buy this notion of e default. to me that's a false ...