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0 members of congress still in their home district, speaker boehner put that ball in the senate's court. harry reid tossed it right back. are we looking at another lost day in the negotiations? hitching a right on air force one, the new senator from hawaii and it's not what we expected it to be. here we go again. the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is thursday, december 27th. this is "the daily rundown." i'm luke russert. two days after christmas and...

you have to stay tuned for that. time for stocks now as we do every 15 minutes. nicole petallides is standing by. nicole: i look forward to that story. the before and after pictures are quite telling. we are doing quite well today. up 124-point right now. off of our earlier highs. you have most of the names on the dow with up aeros. microsoft and cisco being the only two pulling back a little bit. microsoft getting some downgrades today. you have financials, jpmorgan, bank of america leading the dow. others for banks, drugs, oil services, good day on wall street. we do not have contr...

forgiving the loan is doing nothing but putting the burden on the taxpayer and starting the bubble all over. >> she makes a great point about the cost issue. 55% of kids are graduating with student loan debt, a big burden on them. should we forgive it as they want to do in d.c.? >> one of the unfortunate things is you can't file for bankruptcy on a student loan. you're prevented. they can go after you for the rest of your life. that should be changed. because this is a -- this is the fastest-growing debt category we have in the united states. more so than anything else. and it's not ...

is it horrible for taxpayers? >> my heart bleeds for the students carrying these loans. the average is $28,000 but it's not going to create jobs, it's not helping the problem. the problem is lenders will give loans to anybody with a social security number. and schools know this so they keep raising tuition knowing the kids can get funding. they raise tuition during your four years there. that's the unfair part. forgiving the loan is doing nothing but putting the burden on the taxpayer and starting the bubble all over. >> she makes a great point about the cost issue. 55% of kids are g...

layfield and wayne rogers. pick up a copy of wane's new books "make your own rules." joining us is strategist julian epstein. welcome to all of you. jonathan, is it time to let the states just go bankrupt? will it save taxpayers money? >> the represent a exists. the states are at or near bankruptcy. look at the funds, they're down 15 to 20% in the last three or four months. the entitlement and contract you mention and the social spending that put them in the precarious position. in many cases, bankruptcy can help. if it changes the behavior and it can give states chance to structure ...