asked mcconnell, what do your goes need to get this done? if that is a portion of the mcconnell plan, maybe that is what with we will see. here is harry reid. our economy hangs on the balance. and for the first time in the history of our country unless there is a compromise or they accept my bill, we are headed for economic disaster. it is time for the republicans to step forward and time to come together and compromise. that is what the american people want and that is what we need to do. here is a breakdown of the difference of the plans, i am telling you with all the changes you can get lost in the weeds. lock at your screen, these are differences the house g.o.p. plan raises the debt did the by $119 billion, and the democrats wanted to push this off until 2013. and it produces a balanced budget amendment. also, i accuracied that earlier.
put together and crammed together, because harry reid asked mcconnell, what do your goes need to get this done? if that is a portion of the mcconnell plan, maybe that is what with we will see. here is harry reid. our economy hangs on the balance. and for the first time in the history of our country unless there is a compromise or they accept my bill, we are headed for economic disaster. it is time for the republicans to step forward and time to come together and compromise. that is what the american people want and that is what we need to do. here is a breakdown of the difference of the plans, i am telling you with all the changes you can get lost in the weeds. lock at your screen, these are differences the house g.o.p. plan raises the debt did the by $119 billion, and the democrats wanted to push this off until 2013. and it produces a balanced budget amendment.
committed to tightening their belts. the 27 eu member states plan to cut their budget deficits to 3% of gdp or less by 2014. now, you might remember last december ireland got a $119 billion bailout from the eu and the international monetary fund. and before ireland was greece. they agreed to make a deep spending cuts across the board as part of the terms of a $157 billion bailout. and nina, in the meantime, all eyes are on the ecb and interest rates. the age of austerity is in full swing here in europe. the european central bank as pauline was just saying is expected to release its latest interest rate decision in a little more than three hour s time. analysts widely expect the ecb to raise rates by a quarter percent from a record low of just 1%. that would be the first time that the european central bank
predicting what was going to come up during that debate. one of the criticisms that you were talking about, jerry brown, he threw this at meg whitman, she s rich, she has a bunch of money, and she s buying this election. that s what some are saying. does she address some of those criticisms last night? reporter: yes, she did. that question was certainly put to her and remember, this is a record amount of spending for anyone spending their own personal wealth, $119 billion so sorry, million dollar, so far. now, she did address that question, she said voters will know that she didn t owe anybody any favors. listen: i think californians are really smart. i don t think you can buy elections. i think californians are too smart. what you can do is get your message out and tell californians what your view is of the way forward, and that is what i have tried to do. reporter: again, just to clarify, meg whitman, spending $119 million so
california. ed, she has spent $119 billion. as i said, she will not answer one question. it s obscene. she s trying to buy this election. and here s what s interesting. she s been up on the air running spots for a year, right? jerry brown has spent about $12.39. and the two of them are tied in the polls. so nobody is buying this. i mean, you cannot buy the governorship of california. i tell you the other thing, ed, is, the fact that glenn beck likes chris christie, of course he does. he s a bully too. you ve got people every night on this show that disagree with you, and you have a good dialogue. you have ever heard anybody or seen anybody who disagrees on glenn beck or bill o reilly or rush limbaugh or sean hannity, no, they re all bullies, all cowas ndal that s why they like christie. thanks, ed. coming up, glenn beck says violence is coming from the left. wrong again, fraudster.