they also agreed to boost the eu bailout fund to a trillion euros, details still pretty vague. they re requiring european banks to keep more cash reserves as a cushion against losses. so why should americans care? well i mentioned stocks but that is just the start. my colleague alison kosik has a whole lot more from the new york stock exchange. first, catch us up on the markets, both here and abroad. okay. randi, first stocks are at some of their best levels of the session, the dow up 293 points. if you look at this month as a whole, it is shaping up to be among the best ever. the dow is up more than 1,200 points so far for the year and the strongest gains today actually came from overseas, from europe. in paris we saw the paris index rise 6%. in frankfurt we saw a rise of 5%. france and germany have been financing much of the bailouts in europe and you re seeing this rally because this deal winds up sharing the burden, kind of sharing the pain. they re not going to be th
but just in right now, new poll numbers painting a very telling picture of the race for the republican presidential nomination. we can now report that mitt romney is the candidate to beat in at least two of the crucial first four voting contests of the 2012 election with herman cain a sometimes close, sometimes distant second. our new cnn time orc poll of republican voters just released shows romney on top in iowa s january 3rd caucuses, leading herman cain by three points, but that s well within the sampling error of plus or mines. in new hampshire, romney has a lead over cain. in south carolina, a two-point edge for romney, again, within the margin of error. in florida, it s romney 30% to cain s 18%. before the polls came out, romney made it clear he s setting his sights very high. i think the greatest threat to my success would be president obama and i m planning on beating him soon. let s talk about these new poll numbers with our chief political correspondent, the
he ll lay it out thursday night to congress and the nation. democratic sources telling us tonight it calls for about $300 billion in tax breaks, incentives and other spending offset by equal amount of budget cuts. it s being described as a make or break moment for the president. we ll discuss it along with mitt romney s competing plan which he unveiled today. first jessica yellin. reporter: democratic sources in discussions with the white house confirm that $300 billion figure has been the working figure for the jobs package for at least a week now. it would mean as you say 300 billion in both spending and then cuts. the white house has said that this will be a revenue-neutral package. so that would mean that in addition to outlining the new spending, the president will also outline some cuts on thursday in his speech. but he would then put out a more detailed package later explaining more of those cuts when he makes his proposal to the deficit super committee. and i should
incentives and other spending offset by equal amount of budget cuts. it s being described as a make or break moment for the president. we ll discuss it along with mitt romney s competing plan which he unveiled today. first jessica yellin. reporter: democratic sources in discussions with the white house confirm that $300 billion figure has been the working figure for the jobs package for at least a week now. it would mean as you say 300 billion in both spending and then cuts. the white house has said that this will be a revenue-neutral package. so that would mean that in addition to outlining the new spending, the president will also outline some cuts on thursday in his speech. but he would then put out a more detailed package later explaining more of those cuts when he makes his proposal to the deficit super committee. and i should point out these numbers could change between now and thursday, anderson. just so i m clear, is that $300 billion in new spending and then an e
says the reporter who blew the whistle on the uk hacking scandal has been sound dead. his name is john ford, he was found today in his london home. police are calling his death unexplained. this is important because we re going to have much more on this story, got a lot of questions for our correspondent in london, we ll bring that to you coming up. but i want to begin this hour with a warning. i want you to listen to a warning. this is a warning that i m about to show you a video of 16 men being shot to death. i m going give you a moment here right now to go ahead and get the kids out of the room, but this is a video released by taliban insurgents in pakistan and it shows more than a dozen men believed to be pakistani policemen lined up. there they are, against the backdrop of the hillside with their hands tied behind their backs facing several men with rifles on the right side of your screen. this man shouting is accusing them of killing children in a crime against islam. a