Page 27 - Two Step Process News Today : Breaking News, Live Updates & Top Stories | Vimarsana

We've had two dry runs. there's nothing new. we understand the entitlements have to be reformed. and we understand that revenues need to be generated. so i don't like the two-step process. i'd rather rip the band-aid off, let's do what the american people have elected us to do. it's time for us to step up. and so, i do understand that there may be additional measures down the road that we need to put in place, because our fiscal problems are very, very large. but what i hate to see happen is some small down payment and a kicking of the can down the road. we can do this now, the environment is ...

times, if you can believe it. david mattingly is joining me with more on those stories and much more on this case. the wounded officer, lieutenant brian murphy, how is he doing now? >> reporter: well, yesterday, he was listed in critical condition. today, the hospital says there is no change in that. he was shot eight to nine times. he was the first officer to arrive on the scene and actually ran to the aid of a person who had been shot there in the parking lot when he was ambushed by the killer and shot at very close range. his boss, the police chief, says he was shot in the extremi...

It. it's a two-step process. if we okay this if we allow this it will change forever. >> how did the white house respond to that? that's a blow to president obama and his administration. >> this would be falling apart. if that happens you are talking about insurance premiums going up from 5 percent to 40 percent immediately. right before the election they have to figure out they have to blame the rich and do what they are already hitting at. that's what the issue is all about. >> the third thing that could happen they could start the whole thing down the whole thing is unconstitutional. the ...

Knowing that it was illegal. so it is sort of a two-step process. was the contributions, they were illegal because they exceeded the federal limit is the government's theory here. that there is a limit to how much money you can give to a campaign for federal office and the government's theory is that these two people who gave the contributions, that they gave the contributions knowing they were illegal and he accepted them knowing they were illegal. so there are many steps they had to go to to reach that question. but you know, you've talked about what happens if john edwards is found not guil...

Bring it up. so how is the president supposed to get anything through? >> if you believe it's real, you negotiate. you do not subvert the fund and then deal with it. it's a two-step process. what suggests to me is the u.s. indeed as amy reported, is undermining the creation of the fund. let's remember $100 billion in the scheme of the amount of money in the world. because we're talking about a global program is not very much money at all. if you really believe in the fund, you negotiate for it. you don't subvert the negotiations. once it's been signed on, you come back home. >> i think this is...