we re still talking about mortgages and clearly it s affecting main street and still affecting wall street. we don t know exactly how much liability bank of america has right now with all this all these bad mortgages. salzman says people with bank of america accounts have nothing to worry about but stockholders might since the price is down 50% to $6.97 a share and could dip even further. patti ann: thank you. financial experts say it may be the next major economic disaster on our nation s horizon. student loan debt. we re told that by year s end, it could reach a staggering $1 trillion. that s six times more than just a decade ago. in other words, folks are borrowing a lot more money to go to school. they re calling it the education bubble and it has a lot of analysts very concerned because we all know what happened with the housing bubble. james rosen is live in washington right now with more. hey, james. patti ann, educators and economists blame here a kind of
hands. keep in mind, this is not a situation where the two parties are miles apart. we re in rough agreement about how much spending can be cut responsibly as a first step towards reducing our deficit. we agree on a process where the next step is a debate in the coming months on tax reform and entitlement reform, and i am willing and ready to have that debate. if we need to put in place an enforcement mechanism to hold us accountable for making the reforms, i will support that too if it s done in a smart and balanced way. so there are plenty of ways out of this mess. but we are almost out of time. i want to bring in cnn s joe johns to tell us where things stand at this moment. how is speaker boehner trying to reach his magic number of 217? randy, when i was listening to you at the top sounded like you were describing theater of the absurd. house republicans are inches closer to fixing their problem in the house of representatives. i think we have pictures now of the hou
neighborhoods don t always talk. something many cities like chicago continue to struggle with, even when talking to the police can be a life or death decision joe johns, cnn, chicago. dr. salzman, of the medical center, good to see you again, doc. good to see you, sanjay. we spent some time together last year in chicago. let s take a quick look. what goes through your head right now? it s fairly routine at this point. we see so many gunshot wounds, business as usual. ak-47 gunshot wound in the southside of chicago, sounds like a war zone. the young people are getting their hands on these weapons and essentially using them to wage war on the streets of chicago. i can t believe we re talking about this, steve. what has changed since then? that was a year ago? unfortunately, nothing s changed and actually, it s gotten worse.
something many cities like chicago continue to struggle with, even when talking to the police can be a life or death decision joe johns, cnn, chicago. dr. salzman, of the medical center, good to see you again, doc. good to see you, sanjay. we spent some time together last year in chicago. let s take a quick look. what goes through your head right now? it s fairly routine at this point. we see so many gunshot wounds, business as usual. ak-47 gunshot wound in the southside of chicago, sounds like a war zone. the young people are getting their hands on these weapons and essentially using them to wage war on the streets of chicago. i can t believe we re talking about this, steve. what has changed since then? that was a year ago? unfortunately, nothing s changed and actually, it s gotten worse. when you were here last time, it was a month later than we re doing this interview now, we had 189 gunshot wounds and currently