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we get them here. wtxf with a live picture. meantime, it is a friday morning and this is not a game. words from john bain other as we get react on fiscal cliff talks that exploded in the open. saying that it reads like a democratic wish-list and could plunge the economy back into recession. oh joy. welcome here. i m bill hemmer. live in america s newsroom. . martha: good morning, bill. bill: we ll find the silver lining in this, aren t we? martha: we are. bill: that is our quest. martha: i m martha maccallum. here are the basics when they put forth through tim geithner yesterday from the president. 1.6 trillion in new taxes. that is the opening part of the deal. 50 billion in new stimulus spending. we already had a lot of backlash in stimulus in previous packages. this is interesting element here. new executive power to raise the debt limit. that is what caused so many of these discussions because they bump up against the debt limit and not be able to go back this. the ....
i m jon scott. lee. jon: i m jon scott. the u.s. and others say this launch by north korea is a weapon s test in disguise. south korea reporting the rogue regime is digging a new underground tunnel in preparation for its third nuclear test. greg pal cat is trackin palkot is tracking all of this for us live in london. reporter: it looks like all sis tomorrow are go for the launch of that missile by north korea, maybe as early as thursday. north korea says it is a civilian, peaceful satellite launch. the u.s. and others are saying it could be a warm up for use of rockets like that and violates resolutions coming from the u.n. security council. north korean officials allowed the media a bit of a glimpse into the launch site where we saw the three-stage rocket. one expert we are speaking to says that the critical third stage of that rocket now looks like an improved iranian desraoeufd liquid fuel because sister. the last time north korea tried this and failed it was the t ....
we begin this monday with growing tensions in the nuclear standoff with north korea we are glad you are with us, everybody, i m jenna lee? i m jon scott. lee. jon: i m jon scott. the u.s. and others say this launch by north korea is a weapon s test in disguise. south korea reporting the rogue regime is digging a new underground tunnel in preparation for its third nuclear test. greg pal cat is trackin palkot is tracking all of this for us live in london. reporter: it looks like all sis tomorrow are go for the launch of that missile by north korea, maybe as early as thursday. north korea says it is a civilian, peaceful satellite launch. the u.s. and others are saying it could be a warm up for use of rockets like that and violates resolutions coming from the u.n. security council. north korean officials allowed the media a bit of a glimpse into the launch site where we saw the three-stage rocket. one expert we are speaking to says that the critical third stage of that ro ....
so this president, he was elected at a critical time. when the nation faces real challenges, as a patriot has been quoted as having said, either lead, follow or get out of the way. this president was elected to lead. he decided to follow. now it s his time to get out of the way. jenna: so that is mitt romney and what he has to say. in the meantime, romney may be keeping an eye on rick santorum, who supporters are among social conservatives, and santorum is hammering away at romney s conservative credentials, especially when it comes to the key issue of health care. governor romney says well, my plan is very different than omabacare. i didn t increase medicare taxes or i didn t cut medicare. he says i didn t cut medicare as governor of massachusetts. anybody want to guess why he didn t cut medicare? because he can t cut medicare as governor of massachusetts. medicare is a federal program, not a state program. i mean, it s almost incredible that he even said something ....
elected at a critical time. when the nation faces real challenges, as a patriot has been quoted as having said, either lead, follow or get out of the way. this president was elected to lead. he decided to follow. now it s his time to get out of the way. jenna: so that is mitt romney and what he has to say. in the meantime, romney may be keeping an eye on rick santorum, who supporters are among social conservatives, and santorum is hammering away at romney s conservative credentials, especially when it comes to the key issue of health care. governor romney says well, my plan is very different than omabacare. i didn t increase medicare taxes or i didn t cut medicare. he says i didn t cut medicare as governor of massachusetts. anybody want to guess why he didn t cut medicare? because he can t cut medicare as governor of massachusetts. medicare is a federal program, not a state program. i mean, it s almost incredible that he even said something like that. jon: juan willia ....