his tax rate, mitt romney reveals his tax rate. fair or unfair? and fact or not? are the congress members back in session refresh and ready to change the world or not? let s go outfront. well, good ooevening, everyone. i m erin burnett and outfront tonight, and welcome back, congress. we missed you. we really did. after well, that may have been a bizarre and appropriate slip of the tongue. but members are back in the house today to make up for frankly an abysmal 2011. the track record. full of failures. they didn t raise the debt ceiling which caused america s credit rating to be cut which hurts all of us. and they didn t agree on a budg budget. and they didn t have a super committee deal. and no tax cuts. so it is no surprise that the cnn poll shows that 11% of americans approve of the way that congress is handling the job. that is an all-time low. more people approved of how bp handled the gulf coast oil spill. while members were off, some took trips abroad. maj
want to talk about what is going to happen in washington. places like mexico on taxpayer junkets, and we will be joined we have had divided governments in the past and everyone says it is not worse, but they fixed it and got better and that is the american can-do way. all right. we want congress the feel the heat, but see the light. let s make them work. we are joined by congressman sewell from new york, and congresswoman grimm. i am glad you are smiling after the intro, but you are sitting here a democrat and a republican, and are you going the work together? i think that one thing i have learned as a freshman is that it is important to collaborate. collaboration is important. i have hope because in alabama my delegation had to come together after the april tornadoes. republicans and democrats, in order to provide for disaster assistance for the constituents so with that hope springs eternal. i can tell you that i am standing next to one of my favorite freshmen colleague
world. let s go outfront. well, good evening, everyone. i m erin burnett and outfront tonight, and welcome back, congress. we missed you. we really did. after four weeks away from washington, the house is returning to work today, hopefully rested and ready to make up for an abysmal 2011. the track record. full of failures. they didn t raise the debt ceiling which caused america s credit rating to be cut which hurts all of us. and they didn t agree on a budget. causing several near shutdowns. committee deal. and no tax cuts. so it is no surprise that the newest cnn poll shows only 11% of americans approve the way congress is handling it job. that s an all-tie low. more people approved of how bp handled the gulf coast oil spill. in the month that congress has been off, some members have taken tax funded trips abroad. john boehner went to mexico and canada. majority leader eric cantor led a delegation to the middle east and france. both delegations of both parties went to we
explain what some of this is. too big to fail. may have to change to bank of america to bank of some of america. 5700 branches out there. what could happen is that some of the branches in smaller towns and cities could be closed down because they are more expensive to operate than the ones in the big cities. already they have sort of indicated that they are going to close some and as maybe as 750 branches down, shep. shepard: this didn t help any of the markets at home and france got another credit rating downgrading. a lot of countries got credit rating cut france, italy and spain three of the nine cut today by standard and poor s. big news there. the good news the bright shining moment, germany was not cut. that s, of course, the biggest economy in the region france now double a plus just like us. [speaking french] that was good. let the good times roll as new orleans say. catch the willis report 5
still they are not budging on their prices at this time. nascar driver casey khan taking heat from moms. he vented about how disgusting it was to see a woman inside a grocery store nursing her baby. women fought back calling him sexist. eventually removed the post and issued an apology on facebook saying i respect a mother s right to feed her child whenever and wherever she pleases. that s a change of tune. definitely a change of tune. good policy there. the ball there soon drop on times square and john stossel is looking back from a libertarian perspective. the credit rating agency, standard and poor s have decided to downgrade america s credit rating. and we will talk about the war. we will be able to remove 10,000 troops from afghanistan.