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a witness claims to have seen the actual shooting. let s go outfront. well, good evening, everyone. i m erin burnett. out front tonight superfailed take two. the house of representatives passes paul ryan s 2013 budget plan. i applaud my colleagues for the tough decisions they have made to try to do the right thing for the country. the problem is we already know how this story will end. zero democrats voted for this budget which means it s dead on arrival in the senate. democrats say it ends medicare as we know it. as for the president s budget, it s a no-go too. according to republicans, it s a campaign document that raises taxes and doesn t rein in spending. here s the bottom line. america hasn t had a budget in 1,065 days. both sides say this is a tragedy but instead of compromising or embracing the bipartisan revenue raising and the blueprint of the gang of six or the simpson-bowles commission, both sides put their own budgets out knowing full well they won t ....
committed crimes against humanity. pope benedict xvi is visiting madrid, spain. the city expects a million or so people to attend. not everyone is happy to see the pontiff, however. some spaniards are protests over the cost to put on the event. those are the headlines from cnn, the world s news leader. i m zain verjee and world business today starts now. good morning from cnn london. i m nina dos santos. good afternoon from cnn hong kong. i m andrew streechbs. you re watching world business today. the top stories this friday, august 19th. many people are happy it is indeed a friday because the market sell-off continues to roll around the world as fear takes hold of global investors. bank of america announces plans to cut thousands of jobs. and the story of a small business that s thriving despite the tough economic environment. now, the stock market sell-off has made its way right around the world as andrew is saying, driven in particular by fierce of re ....
good morning. it is thursday, july 14th. this is your a.m. wakeup call. here s break is news. we just learned that british police have made an arrest in that scandalous phone hacking case that brought down that is bringing down parts of rupert murdoch s news empire. i ll get you more on that in just a moment. i wish i could say there s big news about the debt ceiling talks. i can t tell you that. there s more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn t go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don t call my bluff, eric. and then he walked out a few minutes later. president obama said all along he d veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to t ....