no deal on the debt ceiling, but it is a new day. our sources say president obama is trying to koex members of his own party, while cutting as much as $3 trillion in spending. that is going to mean changes in health and retirement programs, also puts off tax reform, something a lot of people felt is very important, until later. the details are very fluid. no agreements yet. congressional democrats are very nervous. the president trying to figure out a way to work it out. he s holding a two-hour meeting at the white house. he did that last night. writing about compromise in this morning s usa today. some of the cuts would target worthwhile programs that do a lot of good for our country. there are cuts some people in my own party aren t too happy about and frankly, i wouldn t make them if we didn t have so much debt. this is a sales pitch to the american people, many who want less finger pointing and more action. i blame both parties for the stalemate. all the people re
quarter. the big concern is what s happening in japan but consumer pc sales. you have seen a lot of people moving from pcs over to tablets. that s causing concern on the street. also changes in the services sector. that s been the stock that has really been moving the street today. a lot of technology concerns based on what we heard from them and cisco recently as well. beyond that, we started looking at the housing start numbers. they dropped off a cliff in april. so did the housing permits. all of those things added up shifted things. it looks like the futures are going to open down by about 40 points. that s a shift of almost 100 points. a lot of things happening. i was just going to say paul ryan was on the squawk. he was squawking. what did he squawk about when it came to his future for wisconsin senate? he gave us a little bit of a surprise here. he was on to talk about the debt ceiling. we asked if he would be running for president. instead of dodging the question completely