Well have the latest reporting from cnbc. Also ahead, an update on Recovery Efforts across the southeast at President Biden is set to get a firsthand look at the devastating Storm Damage in North Carolina. Well also have a live report from The Middle East as israel launches a Ground Offensive into Southern Lebanon after weeks of deadly Air Strikes targeting hezbollahing the militants. And what could be the final debate of the 2024 president ial debate. Jd vance and Tim Walz set to square off tonight in New York. With us, the host of way too early, jonathan lemire. Bbcs Katty Kay. And the president on the council of foreign relations, richard haass. Author of the Newsletter Home and away. Well get to it all in a minute. Pete rose died. Kept out of the hall of because of the betting scandal. Talent was huge. Member of three World Series Championship teams. The Cincinnati Reds in the 70s. Got a third with the philadelphia phillies. The alltime hits king, a record that i dont see being bro
rate. bill: solyndra is $535 million, that s gone bankrupt, you mentioned beacon power corporation, that was $43 million in a loan guarantee, that has filed for bankruptcy as well. now, a lot of people think these decisions were made in the west wing, but we re hearing from the administration the department of energy had control and jurisdiction over where these loans went and how they were paid out. is that your understanding? ultimately, yes. but, of course, secretary chu is in the cabinet, he s in the white house, really, and they know, people talk to the white house if they want the energy department to do something, that s the way washington often works. so i don t think you can simply separate that way. we know this, that the loan program was more tightly run and tightly managed than this program is and that s one reason i m making inquiries about it because it does not seem to be nearly as tightly controlled
completely unsustainable. medicare and medicaid are growing at multiples of the rate of economic growth, and no program can grow indefinitely, faster than the economy is growing. they are wildly outstripping any sustainable path. and so some of us are suggesting, let s fix the problem. and let s milk these programs work for the people who need them, and they absolutely have to serve that purpose. but let s make them sustainable, too. there s another point of view that says look, just raise taxes, and you can t tax your way out of this problem. so this has been, you know, one of the challenges that we ve had. bill: okay. it s no different from congress role. bill: let me interject this. the six democrats on the committee, are they all demand be in mass that you raise taxes? i don t want to get too specific about what demands are or are not in the committee, but i m just suggesting that there is a fundamental divide over how much we ought to focus on fixing the spending problem
white house on this. what is the reaction to the news of the bonuses, $13 million, steve? reporter: bill, in spite of that huge taxpayer bailout for these two corporations top executives did walk away with sizable bonuses and nobody seems to like it except maybe those top executives. hear is the way it breaks down. at freddie mac the payments amounted to $6.46 million for last year. while the bonuses paid to top execs at fannie mae totaled 6.33. from a u.s. senator yesterday, this demand for action. i m calling on the president of the united states to cancel those bonuses and explain to the american people the taxpayers who bailed out freddie and fannie why he continues to reward failure. reporter: democratic member of congress equally upset, harry reid, senate majority leader when asked about this reporters, a gag reflex in front of you all would be improper but that s how i feel about it, bill.
plane that saved the lives of 231 people. also the dust still settling in the solyndra matter and new reports of president obama s jobs council getting a $2 billion loan for his own green energy company. we ll investigate that and figure out what s up with that. martha: remember when president obama said you could keep your health care coverage the way you like it now under the new law? there s a new report now that has just come out and it would suggest that that is really not the case. the details on that are straight ahead. bill: there is fallout in the fast & furious gun scanned a we ll tell you what a major bust along the u.s.-mexican border has just uncovered. [ male announcer ] are you considering a new medicare plan?