few hours after she disappeared and put out the word you think it s suspicious i m curious to hear why. jon: usually they wait 24 hours before they mount a search like this. reporter: an adult may just go some place. you re not a child. then the other question i have too is just is what that search is like that area, is it heavily wooded, are they paved trails? how do they know which ones to zero in on? right now they have a helicopter crew with scent dogs going in every direction. jon: harris faulkner, thanks. reporter: sure. jon: jane. jane: we are following your money as always. did you know that congress has something that is called pay go, or pay as you go, it s designed to make sure lawmakers aren t adding to the federal deficit. it makes sense. it s even something my husband is trying to institute at home. william la skwraeuz le u.n. esse
other way, in their judgment health care reform will bring down long-term deficits dramatically overtime. why don t you have to consider additional tax hikes when you have the likes of alice rev lynn, republican senator dom niche chi saying something has to give here and tax hikes have to be on the table in this environment. you said the important thing which is the president is going to extend the middle class tax cuts, but he is also going to let expire the tax cuts that president bush put in place for the 2% of the most fortunate americans in our country. that will provide more than a trillion dollars, around a trillion dollars in deficit reduction over the next ten years. that s very important. in addition to that, the president proposed a range of other measures to help close tax loopholes, reform international tax tax treatment of international companies in the united states, imposed a fee on risk to cover the t.a.r.p., reimposed the basic budget rules, pay go that were in
health care reform will bring down long-term deficits dramatically overtime. why don t you have to consider additional tax hikes when you have the likes of alice rev lynn, republican senator dom niche chi saying something has to give here and tax hikes have to be on the table in this environment. you said the important thing which is the president is going to extend the middle class tax cuts, but he is also going to let expire the tax cuts that president bush put in place for the 2% of the most fortunate americans in our country. that will provide more than a trillion dollars, around a trillion dollars in deficit reduction over the next ten years. that s very important. in addition to that, the president proposed a range of other measures to help close tax loopholes, reform international tax tax treatment of international companies in the united states, imposed a fee on risk to cover the t.a.r.p., reimposed the basic budget rules, pay go that were in place in the 90s.
years. that s very important. in addition to that, the president proposed a range of other measures to help close tax loopholes, reform international tax tax treatment of international companies in the united states, imposed a fee on risk to cover the t.a.r.p., reimposed the basic budget rules, pay go that were in place in the 90s. helped deliver surpluses. those are necessary are any of these serious enough to tackle the trajectory our debt is on? absolutely. let me step back. this is something we can manage as a country. think about it this way. even a moderate recovery a moderate recovery along with the president s commitment to make sure the recovery act expires, the emergency action we took expire when the economy strengthens, those two actions themselves will cut our deficits in half as a share of the economy, bring them down from 10% as a share of gdp to around 5% of gdp. that s not far enough.
think they can pick off a republican who s going to retire at the end of this term, i don t know why they re not picking out somebody who is up for a tough re-election because can you imagine those campaign ads, here is the guy who voted to cut off your unemployment benefits? reporter: absolutely. that s why it s such a delicate political issue. on the other hand you can run an ad against the democrats saying senator so and so wants to continue the drunk spending here in washington. that s why it s going to be very interesting to see how the american public reacts to this fight. are they going to take the side and say people desperately need these benefits ar say you know what? it s time to take some of this tough medicine and understand we have to get spending under control. remember, democrats have been touting pay go, this pay as you go decision they passed a few months ago. republicans will take every opportunity they can in trying to get them on the record saying you got to pay