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other candidates a joke. it s the donald who s the one they re really laughing at on this american morning. captions by vitac www.vitac.com and good morning. it s tuesday, december 6th. ali and christine are off today. i m alina cho along with carol costello who s well rested on this american morning. thanks for joining us. i ve had four days of sleep. so watch out. up first, what s red, white and blue and can t agree on how to save you money? congress, of course. offering a proposal to extend the pay roll tax cut before it expires at the end of the year, but republicans are not on board. without a deal, pay roll taxes will rise costing millions of americans $1,000 a year. the clock is ticking and president obama is keeping the pressure on. my message to congress is this keep your word to the american people and don t raise taxes on them right now. now s not the time to slam on the brakes. now s the time to step on the gas. now s the time to keep growi ....
outfront tonight, u.s. markets fall big time. it was a miserable day on wall street. the dow down 389 points. nasdaq and s&p 500 fell by more than 3%. the markets fear gauge sparked it. peter costas, a trader nearly 30 years, what happened today? well, there s a lot of uncertainty in europe. i think when the italian treasuries went over 7%, that scared a lot of people. if you re going to look at it, i am not negative on the market, today was a good day to buy, we will probably have a couple move intermittent dips. people are afraid with italy going through the debt crisis greece went through, people are afraid this will cause another recession in europe. that s the major thing. one-third exports go to europe. if there s a recession, it could impact the u.s. economy more than we have been impacted by what s gone on the last three years. bottom line, even though it is volatile and fear from europe, you think it is a buying opportunity? i think it is a buying oppo ....
former honduran president got a boisterous welcome home from thousands of supporters today. returning to his home land two years after being ousted in a could you plea coup. he urged supporters to pursue peaceful democratic change. zelaya ha been in exile in the dominican republic but reached the deal with the hon dour ran government which allowed him to return. out with the food pyramid. in with a dinner plate. that is the brand new icon of healthy eating that the agriculture department is going to unveil this coming thursday. what s prompting the makeover and what does it mean? we ll tell you about that ahead in this newscast. and a quick sports note for you. barcelona defeated manchester united 3-1 today to capture european financial s biggest prize at london s wembley stadium. americans call it soccer, but true fans know regardless of what you call it it s a huge win victory for barcelona. just hours from now president obama will be on the ground in joplin, mi ....