how can they look their constituents in the eye when they say to them, 24 million people of you are no longer going to have coverage. what i have here is a copy of donald trump s tax returns. he paid $38 million, looks like $38 million in taxes, took a big writedown of $103 million. did you ever have a chance to brief the president on investigations related to the campaigns or did you ever give him any reason to believe that he was wiretapped by the previous administration? uhm look, uhm, my answer, no. when i say wiretapped, those words were in quotes but that covers surveillance and many other things. this supposedly neutral travel banhat in his executive order is reall just a pretext to discriminate. an unprecedented judicial overreach. this ruling makes us look weak. i think we ought to go back to the first one and go all the way, with i is what i wanted to do in the first place.
your politics. john: was a stunning incident. shannon bream for us tonight. thanks. wall street began the week on ever so slightly down note. the dow jones last four. nasdaq and s&p 500 were off fraction. if you re a taxpayer a lot of your hard-earned dollars are going to pay someone else s mortgage in california. correspondent william la jeunesse tells us now from los angeles how in the world this is possible. they are paying my monthly mortgage payment of $2578. they is you. american taxpayers are paying yvette ramirez s mortgage for six months after her husband lost his job. when the money tries up, ramirez hopes for more government help. i m hoping because we already qualified for this, that we may be able to qualify for that next principal reduction. writedown of the mortgage principle under the keep your home program.
several hundred thousand homeowners and minimizing further cost to all other homeowners and taxpayers. indeed, roughly 80% of fannie and freddie homeowners are current on mortgage payments. tim geithnerial urged demarco to take another look at the math. arguing the writedown estimated to cost taxpayers $100 billion would spur recovery and offer net gain for treasury. we think there is a set of cases where it s clearly in the interest of the taxpayer for them to do principle reduction upfront. not overwhelming number but where it make sense we should do it. congressional democrats support the write-down. how do we get fannie and freddie to run the same play as the rest of the economy? conservative analysts call it election year bail-out. it s costly for taxpayer and are dead last in terms of priorities in what we should be doing here. there is no evidence by the way that they ll work.
went bankrupt. opposition activists said 62,000 people were killed in the country. this video posted on youtube appears to show members of the free syrian army in the back of a pickup truck engaged in a heavy gun fight with government forces in homs. cnn cannot independently confirm the authenticity of this video. special ensloi, kofi annan, called for an immediate end to the violence. he warned against external military intervention. iran s ambassador said his country is ready to re-engage with the nuclear watchdog agency. his comment comes as western powers say they are ready to resume talks on iran s nuclear program without preconditions, but the ambassador says iran will never give up its nuclear program. those are the headlines from cnn. i m juanita rajpal. world business today starts right now. good morning. from cnn london, i m charles hodson. and a very good afternoon from cnn hong kong. i m andrew stevens. welcome to world business today. the top stories
he called it an inadvertent error. that has not quieted the protests in afghanistan. the taliban s calling on muslims to seek revenge. who s going to be the prime minister of australia come monday. the stage is set for a showdown. the governing labor party will vote on monday. rudd says ms. gill lard can t win the next election. we ll have more on that story in just a moment. i m zain verjee. world business today. good morning. from cnn london, i m nina dos santos. this is world business today. these are the top stories on friday, february the 24th. greece s debt burden has been lightened but its debt holders are about to see the value of their bonds drop. the u.s. takes on organized crime in japan imposing sanctions on high ranking members of the yakazu. what does google know about you? new privacy policies make it harder to keep your information under wraps these days. first up, to our top story today. today is the daze day that greece finally unveils its propos