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. Welcome to cbs this morning. Norah odonnell is on assignment. At bea ma is awarning people will lose their jobs and services will be slashed with budget cuts. We are nine days away from the deep automatic spending cuts. Bill plante is at the white house. Bill, good morning. Reporter good morning and good morning out west. Well, republican congressional leaders say that if the cuts happen theyll be the president s fault even though some of their members want the cuts. The president says that he doesnt want the cuts either. In the next few hours hell be talking to local tv reporters to as one official here put it continue to turn up the pressure on republicans to compromise. This is not an abstraction. People will lose their jobs. Reporter with just over a week until the cuts take effect the president s placing the blame for the sequester squarely at the doorstep of republicans in congress. Last thing our families can afford right now is pain imposed unnecessarily by partisan recklessn ....
'Mabuhay ang Bagong Kasal makes it clear that it intends to engage with this specific point in our history this fraught transition from Duterte’s reign of terror to a regime helmed by another Marcos' ....
It on. he feels there is a threat coming in from abroad and this is how he s going to solve it. i think it appeals to people s emotional sense that he s getting tough on terror. he knows it plays well politically. i think that even the president knows that it s as i say soluti non-problem. look at sebastian gorka, ostensibly erudite man, condescending because he knows so much and we know so little. what does he say, obea ma did. we could have picked egypt and indonesia, basically saying we could have been knead worse but that doesn t defend that this order is very different from obama s in terms of focusing on who travels where. it s who comes from where but he struggled to the extent that all he could do was attack me and cnn. not a good sign for defending it ....
injecting 57.9 billion into money markets. regulators are struggling to maintain liquidity without the injection. speaking of china, the country s largest listed steel maker has suspended output at a plant as the economy slows and demand weakens. meantime 40% of china s iron ore mines are standing idle as steel prices have crumbled. and loans to firms and households fell more than expected. ecb staying loans to the private sector fell 0.6% from the same month a year ago. italy s borrowing costs falling at a bond auction today. analysts say the auction shows nand for italian government paper remains healthy. and eu regulators are prepare to go charge microsoft for failing to comply with a 2009 ruling. that ruling had on ordered the company to offer user as choice of web browsers. apparently they may not have done that. if guilty, microsoft could face fines of up to 10% of its global revenues. and that would be a lot of money. iran still, we re this close to nuclear t ....
been far from truthful over that time period. but i m not resigning, and i m going to try very hard to go back to work a better person and a better man and i m going to try to be a better husband, too. reporter: but minutes after weiner admitted he had inappropriate phone and international contact over several years minority leader nancy pelosi was calling for an investigation by the ethics committee to determine whether any official resources were used or any violation of house rules occurred. i don t see anything i did that violated rules of its house, i don t see anything that i did that violated my oath of office to uphold the constitution. reporter: he denied he sent a lewd photograph over his twitter account. the picture that went over twitter to gennette cordova from your account, is that you? i was pranked, i was hacked, i was punked, whatever it is, someone sent out a picture. i m an easy name to make fun of and i think that s what happened again. ....