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From here on out, how does it resinate with the public heading into the election? >> congress has been unpopular. it's going to continue to be unpopular. a lot of people sit and shake their heads. it's another example of washington gridlock. the president didn't get involved. we look at reasons why this morning. if he got involved and something didn't pass, well, then there would be a blame on him. if he doesn't get involved or did get involved, something does pass, then you have these difficult social cuts to social programs. what are we talking about? we are talking an election issue now. a ...

Trillion, that he's the deal. stick to it. >> right and he's trying to do that to cut off what the republicans have already been talking about. >> rick hughes from california talking about it. >> get rid of the trigger cuts for the pentagon about $500 billion over ten years, and the president is saying if you try that, and if you manage to buffalo the democrats in congress into voting for it or if you manage to overcome a filibuster and get it to my desk, i will veto it. it's got to stick to the $1.2 trillion. you want to keep those defense cuts -- you want to restore those defense cuts? then ...

ripples of relief spread from europe across the world market. a deal has been reached to tackle the e.u. financial crisis. european leaders have agreed to expand the e.u. bailout fund while private sectors will take a 50% loss on greek bonds. the european agreement translated into a huge day for u.s. stocks. let's go to alison kosik at the new york stock exchange. the closing bell just rang. how did stocks finish? we don't know the final number, but we know it's very positive. >> it is. the numbers are settling. we're seeing the dow up 340 points. the nasdaq s&p up more than 300%. th...

Straw poll. it's not much of an indicator of what's happening with the election next year. a better weather vane would be what happens in wisconsin. take a look at what's on the line there. they say it's a better weather vane, that's his word, because it will show how strong the tea party is and how big their influence is. he says a good showing on the part of the republicans will energize the tea party. a good showing on the part of the democrats would energize obviously their base. well, as we wake up this morning, i think it would be safe to say the tea party has been energized. >> a lot of...