i think it s a clear improvement on the status quo. we ve broken through the partisanship and the gridlock. a christmas miracle or just election season setting in? former director of management and budget and douglas holtz aiken on the minimalist budget deal. is the best congress can do good enough for the economy? and the consensus driven speaker of the house busts loose. are you kidding me? john boehner and the tea party, the president and the promise, the governor and the bridge. our political panel and their discussion. this is state of the union. good morning from washington. i m candy crowley. a political tug of war brewing in the ukraine. a country sandwiched between russia and europe. ukrainian protesters are upset with their president for refusing to sign a trade deal with the european union. it s a move that would align the former soviet blocked nation with the west.
0 doesn t officially start until next saturday. crazy. jennifer gray, thank you. thank you so much. that s it for us. we appreciate you watching on this sundayment. certainly. state of the union with candy crowley starts right now. have a good day. xxxxx. doppelganger political moments. a budget the dangerously escalating tensions and hotspots around the world. i m proud of the people of ukraine and their steadfast efforts for democracy. hundreds of thousands in the streets of kiev in a face-off with cold war overtones. the uncle of kim jong unis executed wondering if he s consolidating power or losing it. senator john mccain joins us from ukraine. then, good evening. i who would have thunk it. i think it s a clear improvement on the status quo. we ve broken through the partisanship and the gridlock. a christmas miracle or just election season setting in? former director of management and budget and douglas holtz aiken on the minimalist budget deal. is the best cong
released, waiting for permission former family. we are taking your phone calls. others, 382. send us a tweet. post your comments on facebook. and you can e-mail us. cod timesith the cape this morning, courtesy of the newseum in washington. pictures of people in flowers at the site of the two bombings in massachusetts. also, pictures of the two victims of we know about, martin richards and crystal campbell, both from massachusetts. the front page of the washington times this morning, this is their headline that the washington times on the bombing. also, here s the new york times. in the new new york times, a senior law-enforcement officials said they were looking the connection between pressure cookers, which is how the bombs were used, and al qaeda in the arabian peninsula. some reporting from the papers this morning. getting your reaction, day two of your reaction to the bombings in boston. we begin with charles, an independent caller. aller: i m just calling about fo
as you can see, it is up 2.5%. the volume is pretty big. that is news for eli lily. as for the overall market, it returned to positive territory here. they could possibly break before the four-day losing streak we have had. about ten points away right now. up arrow for all major, all three major averages. dagen: is the gold standard coming back? a gold commission will be put together as part of the party policy. let me ask scott minerd what he thinks about all of this. first off, scott, is from a practical perspective, there is not enough gold in the world at this point is there to back all of the currently out there? no. its current price around $1600 an ounce, there is not. dagen: how do you put the genie back in the bottle? it was completely abolished by the u.s. in 1971. i think going back to the gold standard is not very practical. i think the republican party willingness to have a part of the practicum i do not see a practical way to getting back to the gold stand
extension for everyone, bringing us to where we are today. projected revenues for 2012 are $2.4 trillion but the federal government is spending 3.6 trillion. that leaves us with a budget deficit estimated for the current fiscal year at $1.2 trillion. now we are facing another deadline while president obama is facing re-election. the president says he wants to extend the cuts one more year, but not for everyone, setting up an election debate on tax policy, deficits and the best way to get americans back to work. let s talk about all this with douglas holtz aiken a former director of the congressional budget office. rob shapiro served as an undersecretary of commerce in the clinton administration. doug, you say that what the president proposes regarding raises taxes on those who make more than $250,000 a year, you say that is attacking the engine of economic prosperity in this country. can you explain?