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okay, so that s less money for a government already deep in the red, one would assume it makes the deficit worse, right? wrong. romney says he ll pay for that tax cut in two ways, one, he ll limit the tax breaks. he ll spur economic growth because people can use that money that they ll save this taxes. it s not entirely clear how much economic growth that will produce. what is clear is that the measly 1.3% of economic growth that they achieved in the second quarter this year isn t enough to make up for the romney shortfall, and with the u.s. economy forecasted to grow by about 3% in 2013 and 2014, romney s plan, as attractive as it sounds, is in doubt. kevin hasseth is an economic adviser. kevin, romney s plan seems to assume that the simple act of lowering taxes will generate enough growth to raise the revenue to pay for the steep cost of those cuts. a lot of economists disagree with that notion, the classic chicken and egg scenario. i spoke with secretary larry m sumners a
CanadaShanghaiChinaGermanyNorth-carolinaUnited-statesFloridaLoudoun-countyVirginiaBeijingNew-mexicoRussia announce how they are getting ready in ferguson. we re also following president obama in asia and what happened during his face time with russia s vladimir putin. plus, america honors its war heroes with veterans day ceremonies around the country. in new york, dr. craig spencer leaves the hospital after being cured of ebola. first, in one hour, missouri governor will hold a press conference where he and local law enforcement will lay out their plans in the face of the grand jury decision in the michael brown case. trymaine lee has been in ferguson. what do we know about the potential timing of that grand jury decision? my sources say that governor nixon will announce plans around the protest, particularly the national guard will be redeployed and stationed along businesses. n to contain the protests from reaching area businesses. none has been confirmed. we ll know in an hour what those plans are. do we have any idea of when the timeline could be for this to wrap up. we
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