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Transcripts For ALJAZAM News 20141022

Question begin with breaking news out of canada. Downtown ottawa ute of lock doyne. Incident happened. A soldier was killed in a hit and run in quebec. The driver was a young canadian who recently converted to islam. Thomas drayton joins us with the latest developments . The alert level, the highest in four years. A lot of anxiety in ottawa, the capitol on lockdown. The shooting has not been ruled out as an act of terrorism. 9 52 a. M. , ottawa, shots ring out in the heart of canadas capitol. A soldier standing guard was fatally shot by what witnesses describe as a lone gunman with a white scarf around his face. Moments later, just steps away, more gunfire. This time, inside the Canadian Parliament witnesses describe hearing. 2 rounds of gunfire, the first in the foyer. Frightened workers kneeling inside report hearing. 30 to 50 shots with most appearing to have been fired by officers. 30 0 shots with most appearing to have been fired by officers at the gunmen. When the shooting ended,

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Transcripts For CNNW Your Money 20121021

Okay, so thats less money for a government already deep in the red, one would assume it makes the deficit worse, right . Wrong. Romney says hell pay for that tax cut in two ways, one, hell limit the tax breaks. Hell spur Economic Growth because people can use that money that theyll save this taxes. Its not entirely clear how much Economic Growth that will produce. What is clear is that the measly 1. 3 of Economic Growth that they achieved in the Second Quarter this year isnt enough to make up for the romney shortfall, and with the u. S. Economy forecasted to grow by about 3 in 2013 and 2014, romneys plan, as attractive as it sounds, is in doubt. Kevin hasseth is an economic adviser. Kevin, romneys plan seems to assume that the simple act of lowering taxes will generate enough growth to raise the revenue to pay for the steep cost of those cuts. A lot of economists disagree with that notion, the classic chicken and egg scenario. I spoke with secretary larry m sumners a few weeks ago and

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