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Reelection campaign. tax the rich, make taxes more fair, make it look like the republicans are defending the rich, the indefensible rich, play politics, look for votes. that's what's at stake. bill: and put a target on mitt romney, too. >> yes. bill see you 9:15, fbn, all right? what's next martha? martha: those are a few of the stories we've got cooking in "america's newsroom". a new study is fanning the flames of the health care debate. coming up, an economist who says that the overhaul will jack up the decifit by hundreds of billions of dollars. some interesting math that has been done here...

taxpayer dollars wasted. i'm wolf blitzer. you're in "the situation room." -- captions by vitac -- www.vitac.com the obama administration replies to a rare order from a federal appeals court. the latest round of a sharp dispute over the nation's health care reform law. we begin with president obama warning the supreme court against overturning his cherished legislation. judges hearing a separate case took offense at what the president of the united states said and they demanded a three-page written explanation. let's go straight to our congressional correspondent kate bolduan. she'...

Father kreu criticizing reagan in the 1990s. and a video surfacing from nancy reagan drawing a link between reagan and your dad. >> the dramatic movement of 1985 is an outgrowth of a much earlier crusade that goes back after a century. barry tkpwoerld water handed the torch to ronnie, and in turn ronnie turned that torch over to newt, and the republican members of congress to keep that dream alive. martha: i bet the campaign was pretty happy when they found that, right? >> it is a great clip. some of the things that dad represents like reagan did is a connection with the american people. one o...

happening. and the big jobs report for december is coming out today. christine romans calling it the big granddaddy of them all. it's probably good news for the democrats and she'll share details. and there's this thing that climbers like to do. seven peaks, it's a big deal for anybody. but if you're 15 years old. it's a huge deal. we'll tell you about this kid. who happened to just globe-trot the world and climb the seven highest peaks. >> and we're going to add in an eighth one. >> which one's that? >> you'll see. >> quite a little wonder that we're going to see this morning i'...

cairo for a million-women march tuesday in response to video surfacing of a woman being stripped and beaten by security forces. the king of spain will swear in the country's prime minister-elect in an hour's time. conservatives dominated elections in november, and the party leader won the approval of parliament on tuesday. rajoy has promised tough budget cuts and economic reforms that he says are needed to head off another recession. those are the top stories from cnn. i'm monita rajpal. "world business today" starts right now. s good morning from cnn london, i'm nina dos santos....