it is very disappointing. a triple crown shocker before any horse even reaching the belmont starting gate. i ll have another is out. also i ve never had trouble finding work before. out of work more than six months. long-term unemployment. for millions, jobless benefits of running out. tips how you can get back to work. oh, yeah. you recognize that song. bob ip back. sue ellen running for office and j.r., as conniving as ever. this is the next generation, still battles over control of south fork. wait until you see what the cast told me in our sit-down interview. good morning. i m randi kaye. thanks for joining us. sharing a story of a little boy we can all be pretty darn proud of. i m sure you felt that sense of pride when your kid hit the homer, or an a on a history test agonized over. it s impossible not to be proud of a child. imagine the pride you would feel if your child, just 15, helped save an entire neighborhood from a fire? he ran door to door warning ne
good evening, everyone. i m erin burnett. outfront tonight is the economy, stupid. in a surprise news conference today the president blamed congress for keeping americans out of work. they left most of the jobs plan just sitting there, and in light of the head winds that we re facing right now, i urged them to reconsider because there are steps to take right now to put more people back to work. the president is angry that congress has not passed his jobs bill, which sat on the shelf since last fall. part of it did pass. the payroll tax cut extension and long-term unemployment insurance, but the president wants to pass the rest immediately and the price tag is $297 billion. his bill summary, which we obtained from the white house, says that money will go to things like preventing teacher layoffs, modernizing schools, building science labs for a total of $297 billion. does spending more at up? we did the math on how much money taxpayers have spent on stimulus since it beg
right now. outfront next, secret talks to save america from economic disaster going on tonight. and bill clinton says i m very sorry. but does his apology add up? and reports of a growing problem with american soldiers using a drug linked to the zombie-like attack in miami. let s go outfront. i m erin burnett. outfront tonight, secret talks. secret talks in congress to save america from fiscal implosion. secret talks happen all the time, and 99% of them fail. but we are rooting for the 1% chance that these finally succeed. because america needs a grand bargain to prevent our debt rising to twice the size of our economy and to prevent a recession really, really soon. today fed chief ben bernanke, the man who has twisted and turned to get interest rates to zero to try to help this country said now congress must act. i urge congress to come to agreement on that well in advance so as not to push us to the 12th hour. if no action were taken and the fiscal cliff were to k
i m erin burnett. outfront tonight we have breaking news. a surge of the day. stocks just jumped to the moon. dow and s&p had their single best day for the entire year. the dow jumps 287 points. so you can say why, the sheer excitement. the ebulliance. have we suddenly solved all of our economic problems? have we stumbled upon a machine gun of silver bullets? have we found our terminator? not so fast, arnold. today we got shot up with rubber bullets. it was an arsenal of talk but no concrete action. in europe, the central bank chief said officials stand ready to act and there were reports of talks of a possible deal to bail out banks in countries in crisis like spain. that s a lot of talk. being ready to stand by is different than standing by. here at home, the fed said it may be ready to take further action to help spur the economy, extending unprecedented efforts to ease credit. now, that s still talk and not action. is this what we have come to, so desperate, hanging on to
economy overall. don t even get us started on europe or the tax cuts set to expire and spending cuts due to kick in a few short months from now watching it all is fed chairman ben bernanke who is trying to explain to congress live pictures right now what if anything he plans to do about it without saying too much. felicia taylor is watching from the new york city. felicia, what have we heard and learned so far? reporter: it s a careful dance because obviously the federal reserve chairman can t come out right and say anything ahead of the federal reserve meeting which takes place at the end of june, june 19th and 20th. so it s interesting that the expectation was that the stock market would actually rally in yesterday s session on the fact they were expecting to hear something. what he s been doing though is basically sort of admitting there has been slower than desirable growth in the marketplace and there could be room and the fed has left the door open for further sti