in spending that we ve already cut from the budget, our plan makes additional spending cuts that need to happen if we re to solve this problem. we reform agriculture subsidies. subsidies that a lot of times pay large farms for crops that they don t grow. we make modest adjustments to federal retirement programs. we reduce by tens of billions of dollars the tax money that goes to fannie mae and freddie mac. we also ask the largest financial firms, companies saved by tax dollars during financial crisis, to repay the american people for every dime that we ve spent. and we save an additional $1 trillion as we end the wars in iraq and afghanistan. these savings are not only counted as part of our plan but as part of the budget plan that nearly every republican on the house voted for. finally, this plan includes structural reforms to reduce the costs of health care and programs like medicare and medicaid. keep in mind we ve already included a number of reforms in the health care la
explained his plan today. we have to prioritize. both parties agree that we need to reduce the deficit by the same amount, $4 trillion. so what choices are we going to make to reach that goal? either we ask the wealthiest americans to pay their fair share in taxes railroor ask seno pay more for medicare. we can t afford to do both. either we gut education and medical research or we ve got to reform the tax code so that the most profitable corporations have to give up tax loophole that s other companies don t get. we can t afford to do both. this is not class warfare. it s math. so let s take it this a step further. let me explain his reference to class warfare. a lot of top republicans say that s what the president is, they say that asking the wealthiest americans to pay more taxes is just simply unfair. and they reject any tax increase saying it it s bad for our fragile economy. the president sent his treasury secretary out to sell his plan. the first question he faced?
former imf cheap dominique strauss-kahn says something inappropriate and of moral weakness happened in that new york hotel suite in may. but he says it was not violent or aggressive. he gave his first post sex scandal today in paris and i spoke with jim bittermann about that a short time ago. reporter: we were expecting a very short interview, but it went on for about 20 minutes, covered a lot of topics including what happened in new york, also what he s facing here, what his political future is, and all that sort of thing. but on the specific case in new york, he gave some details, but not a lot. here is the way he looked and sounded tonight as he was talking about the case in new york. translator: what happened? what happened was was neither violent nor constraint included in this, nor aggression, nor any act or any illicit act. that s what the prosecutor has said. what happened was not only an inappropriate relationship, but more than that, an error, a mistake. rep
and we ll go live to paris in a few minutes and talk to cnn s jim bittermann, who watched the entire interview. and now on u.s. soil, investigators in nevada may have found clues that could help them figure out what caused the deadly plane crash at an air race in reno. they recovered parts from the plane s tail and right now the death toll stands at nine. dozens of other people were hurt and today we re hearing more from witnesses. just happened so fast, just split second event so, you know, you think, is this it? am i going to die? dan simon is in reno. dan, tell us what investigators have found so far and how they re piecing together the puzzles of this mystery. reporter: fredricka, first of all, this was to be the final day of the event. there would be thousands of people in attendance behind me, but it is relatively quiet today. a few planes on the tarmac and they ll probably be leaving pretty soon. no doubt the economic loss to reno is in the tens of millions o
that plane. cnn s dann simon it in reno, nevada for us. dan, the ntsb asked about those photos at a news conference today. the death toll is now up to nine from three. what did investigators have o to say? reporter: no question, don, investigators will be looking at the tail of that aircraft. we have seen those pictures and it s pretty certain that at least at one point during the flight what s called the elevator lift tab dislodged from the plane. aviation experts have told me it would be very difficult to control the plane if, in fact, that occurred. crews here have been at the scene today going through the wreckage. they actually went over the lapse if you will to see where exactly that plane went and they did find something on the ground. i want you to listen now to the national transportation board investigator. we re aware of that. in fact, a component has been recovered in the area where that was observed. but i think it s critical at this point to know that we hav