they were hanging in them and children were crying and people screaming and jumping. we heard crew members jumped at the end into the water. my goodness. frightening moments. a journalist is where survivors are being taken and joins us by phone. barbie, what is the latest on the rescue mission, the search for the missing people and if they know what the ship ran into. reporter: well, right now the rescue operations are sort of winding town. darkness has fallen here and it s starting to get a little bit cold. the divers worked all afternoon searching the underwater components of that ship on its side in search of bodies. they have not ruled out that there will be more fatalities from this accident. several people, though, that did get off the boat at the port prior to this one have come forward to say they got off. so we ve taken the number of missing from 70 to i think the last count was 51. but that s still a considerable number. they don t know, you know, if these peopl
expected to roll out a plan to cut spending by $2.7 trillion while raising the debt by 274 trillion. reid s plan would not include tax increases which republicans refuse to consider nor would it touch entitlements. my colleague, dan lothian is watching it all from his post at the white house. dan, what is the president s position first on raising the debt in installments? reporter: he want it is to go through 2012 and there is a sense at the white house and treasury department in particular even if you had some sort of short-term fix that raises the debt ceiling through the rest of this year, that it still may not be enough to cam the jilters of the financial markets, still may not be enough to security aaa credit rating that the u.s. currently has. tt markets, still may not be enough to security aaa credit rating that the u.s. currently has. that is the first concern. secondly, it has been so difficult to get a deal now the white house points out how much more difficult wi