what s happening. well, i m dealing with well, we deal with covid, ida, and the one thing about this administration, we meet the challenges wherever they are. and so, as we will adapt as it happens. yes, i am spending a lot of time on ida. okay. well, let s talk about that because, you know, louisiana. both of our home states dealing with so much home state devastation there from hurricane ida. we are hearing some insurance companies are agreeing to cover additional living expenses for policyholders who were evacuated ahead of the storm. i mean, this was something the president was calling for. what what more can you tell us about that? well, i can tell you that both all state and usaa decided they would cover people no matter if they were in a mandatory or voluntary evacuation because people didn t leave for a vacation. they flee to protect their lives. and we have companies like state farm and i called them by name that have decided that they re still going to use that
street reform we passed in 2010. he thinks wall street reform, not letting wall street write the rules for how we do business, that s the kind of regulation we have too much of in this country. i think people that watch their housing values basically decimated overnight don t think that we have too many people watching or had too many people watching what wall street was doing in 2006 and 2007 and 2008. and that s quite frankly not what they want to go back to. before i let you go, robert, as you well know in 2008 the president campaigned on a slogan of change we can believe in. here was the president a few weeks ago in chicago. when i said change we can believe in, i didn t sayhange we can believe in tomorrow. not change we can believe in next week. robert, is the president suggesting americans should have read the fineprint on his promise? what s the 2012 slogan going to be? look, i think what he understands and i think quit frankly what the american people
just this week mitt romney talked about overregulation in our economy. the overregulation he was talking about was the wall street reform we passed in 2010. he thinks wall street reform, not letting wall street write the rules for how we do business, that s the kind of regulation we have too much of in this country. i think people that watch their housing values basically decimated overnight don t think that we have too many people watching or had too many people watching what wall street was doing in 2006 and 2007 and 2008. and that s quite frankly not what they want to go back to. before i let you go, robert, as you well know in 2008 the president campaigned on a slogan of change we can believe in. here was the president a few weeks ago in chicago. when i said change we can believe in, i didn t sayhange we can believe in tomorrow. not change we can believe in next week. robert, is the president suggesting americans should have read the fineprint on his promise? what s the 2012
the fineprint of what s&p said, they also cited concerns not just about the debt piling up but washington being deadlocked, not being able to govern. they cited concerns that new revenues have dropped down on the menu of policy options. congressional republicans had taken taxes off the table. the president was talking about adding tax revenues to this debate. the super committee will look. is there going to be a mix of things? spending cuts as well as potential tax revenues if they don t raise tax rates? part of the reason why s&p moved is that there was only a trillion upfront in cuts in this debt deal. neil: most of that was postponed. reporter: postponed. they are promising 1.5 trillion more by the end of the year. that s if the super committee can get its work done. neil: all i know is we have a crisis and it started with you coming to fox.
and your free hoveround collapsible grabber. call the number on your screen. whenever congress reaches one of these by now routine, last minute crisis averting compromises, most people watching have two immediate questions, one, what the heck is in it? two, is it any good? now, sometimes we like to skip immediately to answering the second question because well, it s more fun and better tv than reading through the fineprint. that instinct is compounded by the fact this deal is pretty complicated. if you re feeling a bit bewildered, i m here to tell you, you re not alone. newspapers, blogs, websites, have even resorted to flow charts to explain it. i myself have spent the last day trying to get my head around it. the debt deal is layered.