Republicans set to unveil plans on wednesday. What you can expect from the president and what he says will be the largest tax cut in the history of our country. The president will release that from the white house this week. Investors eyeing developments out of d. C. But the selling pressure this morning. Dell investor is down about 18point or nasdaq s p 500 fractionally lower. In europe, german chancellor Angela Merkel wins a fourth term. Last night they won a big surprise as the alternative for germany went 13 of the vote margin the first in a far right wing party has gained entry into the German Parliament in over 60 years. Take a look at the markets in europe next. Markets mostly lower as you see the nikkei average sweep out a fractional gain but the others down across the board. Tragedy in tennessee. A gunman burst into a Church Killing one,oundg several others. Her actions by one chuoer to in the rampage coming out. Another travel ban in place. Another executive order this weeken
bret: one of southeast asia financial capitals has been hit again by terrorists, according to authorities. mumbai, india, rocked in evening rush hour by a series of explosions that killed at least 21 and injured more than 100. national correspondent catherine herridge tells us what happened. a warning here, some of the images in this piece may be disturbing. the explosions went off in the peak evening rush hour in three of mumbai s densely populated neighborhoods. the blasts were described by indian officials as simultaneous, a hallmark of a terrorist attack. we condemn the despicable acts of violence, designed to provoke fear and division. those who perpetrated them must know they cannot succeed. early reports suggest they used i.e.d.s in parked cars. a style of attack most often associated with extremists in afghanistan, iraq and pakistan. while there is no immediate claim of responsibility, the u.s. officials say a handful of networks including an india
security. bret: thank you. speaking of that, pakistan and u.s. trying to patch up their differences. series of high-level visits underway. head of the u.s. central command, james madist met today with pakistan army chief and joint chief chairman in islamabad. the effort to harden u.s. airports against terror attacks is coming up short in the opinion of republican congressman jayson chaffetz of utah, who is citing government statistics showing security breaches since september of 2001. the t.s.a. says it represents a small fraction of the 5.5 billion people screened since 9/11. the army ranger awarded the medal of honor tuesday for saving the lives of two buddies in afghanistan says he will be the same soldier he always was. sergeant first class leroy roger petrie honored at the white house tuesday. the declaration, it s not depiction of who i am.
century, the u.s. has always found the top credit rating, triple-a been a reflection of the country financial strength and source of enduring pride. tonight, the nation faces a serious threat to the rating because of the deadlocked budget and debt limit talk in washington. moody investor service placed the triple-a rating on review for a possible downgrade. given the rising possibility that the statutory debt limit won t be raised on a timely basis, leading to default on u.s. treasury debt obligation in early june, moody s warned it would launch the review in mid-july if there was not meaningful progress in the negotiations to raise the debt limit. other credit raters issued similar warnings. experts agree that loss of a top credit rating could mean the treasury, the taxpayers likely would have to pay the higher interest rates to borrow. higher rate rates that could rie over to interest rates for mortgages, car loans and business loans and hurt the economic recovery. in a sta
bret: thank you. speaking of that, pakistan and u.s. trying to patch up their differences. series of high-level visits underway. head of the u.s. central command, james madist met today with pakistan army chief and joint chief chairman in islamabad. the effort to harden u.s. airports against terror attacks is coming up short in the opinion of republican congressman jayson chaffetz of utah, who is citing government statistics showing security breaches since september of 2001. the t.s.a. says it represents a small fraction of the 5.5 billion people screened since 9/11. the army ranger awarded the medal of honor tuesday for saving the lives of two buddies in afghanistan says he will be the same soldier he always was. sergeant first class leroy roger petrie honored at the white house tuesday. the declaration, it s not depiction of who i am.