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Transcripts For CNN Erin Burnett OutFront 20120626

congress delays the sequester, that means no grand bargain on spending and entitlements in america. so here s where we get to jenga. dealing with these issues piecemeal is a lot like taking pieces out of a jenga puzzle. this is our economy, this wonderful tower, the biggest and most impressive tower in the world, all connected and one bad move could destroy it. so the super committee last year made our economic base weaker. let s try that. we are on live television. i want to emphasize that. here we go. i m shaking. there is the super committee. and constantly fighting over raising the debt ceiling, 11 times since 2001, last summer, the one that caused our entire country s credit rating to lose the best and sterling credit rating in the world. i would say that was another piece we just whacked out of our tower of economic strength. there we go. all right. ooh. the truth is, our country is already on shaky ground. and we have removed so many things from our jenga tower that we

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Transcripts For KGO ABC7 News 1100AM 20120626

searching for the man who fell into the water. the search has been going on all night. the helicopter hovered above the bay with searchlights while coast guard, police and fire looked below trying to locate the 27-year-old man. it started 11:00 last night. two baseball fans in their car parked here. one was on his cell phone the other got out of the car and never came back he disappeared. it is presumed that he fell into the water. that began the search. challenges are many, if the current is running fast then he could have been pulled out quite a ways. when it is dark, very difficult to locate anybody. now that they are going in the water they may be able to get a better idea if he could have gotten snagged on something. reporter: they are searching from the bay bridge to alcatraz. they ve found nothing so far. family members are here. the victim is described as a 27-year-old hispanic male, wearing a blue jacket, blue jeans and a white shirt. they just simply have not fo

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Transcripts For CNNW Erin Burnett OutFront 20120626

good evening, everyone, i m erin burnett. outfront tonight, capitol hill s dangerous game of jenga. we re going to play in a movement. let me explain. we came across a report today that, frankly, made us roll our eyes. i said the word vile out loud. here was the line. quote, congress said to delay automatic budget cuts until march. in other words, congress is now trying to get out of its self-imposed deadline of january 1st. that is when our leaders in washington, either have to find ways to cut the deficit by $1.2 trillion or face automatic across-the-board spending cuts equal to that amount. now, those automatic cuts are designed to hit in the worst places. places that you would not make quick cuts to solve the spending problem. poorly designed, on purpose. bipartisan reports say those cuts could cost over 1 million american jobs. but instead of that terrible situation forcing congress to say, you know what, we re going to find a better, smarter set of cuts, we can cut th

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Transcripts For KGO ABC7 News 600AM 20120626

good morning thank you. live doppler showing a clear sky to start sunrise spike on the radar showing the sun is up and it is going to take our temperatures up with it about one to eight degrees this afternoon we ll get near 80 antioch and fairfield a lot of upper 70s east bay valleys, mid to upper 70s north bay and south bay low to mid 70s around the bay low to mid 60s along the coast into san francisco breezy at times. if you are heading to the monterey bay 64, salinas 69. mid 70s to near 80 inland. here s sue. looking good. good morning happy tuesday nice easy commute, this is san jose 280 northbound as you head from san jose towards cupertino, very, very light this morning. this earlier issue still there stalled big rig since 4:00 this morning no slowing past the scene that big rig is blocking three right lanes, tow truck on scene trying to get that out of there for you. here s a quick look at your drive times heading out now. :02. we start 6:00 with breaking news. c

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Transcripts For KGO ABC7 News 500AM 20120626

. tuesday morning 5:01 thanks for joining us i m kristen sze. i m eric thomas. coast guard boats and a helicopter are sweeping san francisco bay near pier 32 looking for a person who appears to have fallen in. amy hollyfield is live near the scene. reporter: i just spoke with police and i just talked to a security guard out here patrolling still no sign of this man. they are out on the water searching for him. they are also searching from up above there s a coast guard helicopter that is being used in the search. they ve been looking all night long. they launched a couple coast guard boats and the san francisco fire boat overnight. they got call before 11:00 a man was missing and believed to have fallen into the bay. a man called police and said his friend was standing on the end of pier 32 he was relieving himself. so the man looked away when he looked back he said his friend was gone. the man says his friend was drunk. they had been at the giants game and they were re

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