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welcome to a brand new hour of america s newsroom, everybody, i m martha maccallum. and it is good to have you with us. bill: i m bill hemmer and i miss the kids already, right? martha: they were great. bill: yesterday the senate overwhelmingly voting against the prospect of implementing the vat tax and the white house also distancing itself from the idea and policymakers argue it could help solve our debt problems, amy kellogg is in london with a closer look at how the vat tax works in the u.k., it is all over europe, amy, hello. reporter: people who travel to europe will be familiar with those vat forms that you hand over at the airport. on your way back to the u.s. you get that 17.5% tax back on the shoes, the leather shoes you might have bought in italy or burberry coat you may have purchased in london but for people who live in europe they don t see that tax that is factored into the goods they buy, before the price tag is actually slapped on and i say 17.5%, that is what it i
because as a lawyer we need to ensure everything goes through the proper, appropriate channels of criminal procedure and evidence. martha: you know. therefore. martha: i know that you are very concerned you know, everybody has to kind of take a deep breath in this case and sit back and look at what happened because it has such large ramifications. all across this country, there are situations where kids are being bullied. and, nobody ever anticipates that that is going to lead to someone taking their own life. god forbid. so, in this case, this is the first time, that we have seen teenagers who are accused of this, actually go to court, they could do jail time. as a result of what happened here. if the court can prove their actions led to what phoebe prince did that day. in her home. what do you think the ramifications, the broader ramifications are, of this case, mr. keefe? well, i think, eventually, i think you are probably going to
only a snapshot of the housing market that overall is showing no real signs of improvement. foreclosures, as we told you yesterday, are still rising, and the bill to taxpayers as a result of all that, that keeps rising, too. this topic is kind of like a skunk at a garden party. nobody seems to want to notice it. that s according to fox business network s stuart varney, fresh from the garden party himself. always good to have stuart with us. we talk about jobs, we re looking at the economy every time, everybody want it is to improve, but you say that housing is skunking around the party here. it is. look, it s the forgotten crisis, it is the forgotten bailout, yet it affects i believe just as many people as are jobless in america. as you said, martha, you ve got 367,000 foreclosures in the first quarter of this year. we have an unlimited federal government bailout that was passed by the way on christmas eve. taxpayers are on the hook for many of those
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