eve bash in the world on this american morning. captions by vitac www.vitac.com good morning, everyone. so glad you could join us. it is friday, december 30th. i m deb feyerick along with alina cho on this american morning. thanks for joining us, everybody. up first this morning, mitt romney trying to steal the deal in iowa. former massachusetts governor is the front-runner now, a few points ahead of ron paul. with four days to go before the caucuses, romney is tweaking his schedule, planning to spend a lot more time in iowa over the next 96 hours telling voters this election is about saving the soul of america and he is the man for the job. cnn political editor paul steinhauser live in des moines, iowa this morning. good morning to you. so romney is enlisting high-profile help on the trail today. isn t he? sure is. thinking here and across the country, iowa, chris christie. a lot of people wanted christie himself to run for the white house. in october he finall
from america s news headquarters, i m marianne rafferty. multiple u.s. officials confirm that this aircraft shown on iranian state tv thursday is an american spy drone, losf over iran earlier this week. the two-minute video shows the centinal largely intact, though one wing seems to have been severed. iran claim its took it down with an attack and u.s. officials reject that claim. nba basketball is back. owners and players ratifying a new collective bargaining agreement, ending the five-month lockout and paving the way to reopen training camps on friday. the 10-year deal calls for a 50/50 split of basketball-related income and mostly leaves in intact the salary cap system. for your latest headlines, go to foxnews.com. you are watching the most powerful name in news, fox
taxes are awesome. no, taxes are means by which the government pays for its provisioning of goods. taxes get us roads, parks, sewers, and running water. if you stop paying for the government to provide public goods, then not surprisingly what tends to happen is the quality of those public goods decline. you get, instead, public mess. this deal, where the republicans say hey, maybe we ll destroy the economy, democrats say okay, we ll give you tons of spending cuts and no taxes, just how you want it. groovy working with you. this deal calls into question whether our political system has totally lost the capacity to raise revenue to pay for the vital public good, and if you think i m being hyperbolic here, hold on tight because there s a chart coming up with your name on it. in the era of the mythic beltway of ronald reagan and tip o neal, the definite reduction deal was
of themselves. no one wants higher taxes, because, hey, taxes are awesome. no. taxes are a means by which government pays for goods. they get us roads, parks, schools, sewers and running water. if you stop paying for the government to provide public goods, then not surprisingly what tends to happen is the quality of the public goods decline. you get public mess and with this deal, republicans say hey we will destroy the economy and democrats say we will give it to you how you like it and republicans say good negotiating with you. this deal calls in to question whether our political system has totally lost the capacity to raise revenue to pay for the vital public good. if you think i m being hyperbolic here, hold on there is a chart coming up with your name on it. in the beltway of bipartisanship
taxes aren t just in and of themselves, no one wants them to be higher taxes because hey, taxes are awesome. no, taxes are means by which the government pays for its provisioning of goods. taxes get us roads, parks, sewers, and running water. if you stop paying for the government to provide public goods, then not surprisingly what tends to happen is the quality of those public goods decline. you get, instead, public mess. this deal, where the republicans say hey, maybe we ll destroy the economy, democrats say okay, we ll give you tons of spending cuts and no taxes, just how you want it. groovy working with you. this deal calls into question whether our political system has totally lost the capacity to raise revenue to pay for the vital public good, and if you think i m being hyperbolic here, hold on tight because there s a chart coming up with your name