did too! now hear let s hear a little bit from all eight candidates. we should not have increased the debt ceiling. a better tax structure, lower taxes, invite capital back into this country, get a lot less regulations. take the corporate rate and cut it to zero for manufacturers. cut that tax to zero, our jobs will come back. going to the american people with clarity, creating a sense of urgency, and building a bipartisan majority. seven things come to mind. one is to and number seven is to have a government that doesn t spend more money than it takes in. the united states of america needs a growth target, and it needs to be an aggressive and bold growth target. i represent growth, and it starts with the business sector putting fuel in the engine. it s called leadership. it s called looking at how the free market systems work. it s creating a competitive environment that speaks to growth. take a look at this wordle. it highlights the most used words in
dark studio. but we re going to improve, i promise. the big stories are the u.s. markets. the markets tanked again yesterday. the dow, the nasdaq and s&p were down 4% but good news for stocks futures. premarket trading is all up across the board this morning but remember, futures doesn t mean much until 6:00 a.m. eastern time. let s see how the world s money is doing this morning. andrew stevens is joining us live from hong kong, so tell us something good. i with us going to tell you something good yesterday butcy think i failed you yesterday, carol. there is something good at the moment because wall street may have tanked but europe particularly is up and up pretty healthily at this your hour, between 2% and 3% between europe, germany, and france. that s prosecutor surprising after what we ve seen. as you pointed out, u.s. futures are higher so we do seem to be taking a lead on what the u.s. investors in the market are doing. here the markets finished between flat and 1% d
complicated partisan bickering. the senate went o recess without giving the agency a short-term funding extension. president obama believes the issue will be resolved by the end of the week. the transportation secretary says you have nothing to worry about when you fly. i ll be speaking to him later on american morning. president obama turns 50 today. he qualifies for a free scoop at baskin-robbins. and he got a surprise in chicago happy birthday to you happy birthday to you happy birthday jennifer hudson much better singer than rahm emanuel. 26 seconds of the president s comedic stylings. it s true, that i turn 50 tomorrow. which means by the time i wake up i ll have an e-mail from aarp. asking me to call president obama and tell him to protect medicare. funny, yet topical. some suppoers paid nearly $36,00for dinner. hoe they got a lot of free refills. if you re planning a trip to the caribbean, there s trouble in paradise, named tropical storm emily. i
trillion in cuts over ten years, raises the debt ceiling about about the same amount, sets up a bipartisan committee to find other ways to trim another trillion and change from the deficit. think of it as a deficit posse. it calls for both chamber of commerce eventually to pass a balanced budget amendment to the constitution. they don t actually have to pass it, they just have to vote on it. and the president and house speaker admit that the plan is not perfect, but hey, there s a deadline tomorrow. here s what the president said, then you ll hear from a freshman republican who, by the way, is dressed casually. give him a break, it was late on sunday night. now, is this the deal i would have preferred? no. but this compromise does make a serious downpayment on the deficit reduction we need and gives each party a strong incentive to get a balanced plan done before the end of the year. and to have bold changes to something so systematically broken is going to take time. i u
it either. kate baldwin looks ahead. reporter: if it does pass in the house, it has the potential of hitting a huge road block as soon as it gets to the senate. at the same time, that house speaker john boehner s office was putting out this release, the good news about the cost estimate, senate democrats released a letter at almost the same time with 53 signatures on it saying they don t support the plan in the senate and really essentially making clear that it cannot pass. so while all eyes are still on the house to see what happens with john boehner s plan in the house, it has serious problems in the senate if it gets there. you figure the democrats wouldn t be friends, that s just politics but this bill is make something republicans cannibalize each other. we re seeing the difference between republicans who play the game and the new tea party favorites who say the game helped us get into this mess. listen to these two republicans, old school and new school. that. is