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WUSA CBS Morning News October 27, 2011

nguyen. this morning european leaders agreed on a deal to help resolve the european debt crisis. the agreement was hashed out over tense negotiations. it was all sernsored on reducin the european debt. reporter: the crushing greek debt threatens to affect the entire banking system. eu leaders say they have a deal but is it the answer? these are exceptional answers for exceptional times. reporter: after marathon negotiations, european leaders emerged with what they hope is the solution. the plan includes a significant reduction of greek debt that requires banks to accept losses of 50%. injecting 140 billion dollars into europe s biggest banks to withstand those losses and an expansion of the continent s bailout fund. failure to get something done would have been a disaster. the european crisis is the single biggest threat to the u.s. economy. europe is america s biggest trading partner. and default in greece or anywhere else could send shock waves through our ban ....

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CNNW Erin Burnett OutFront October 27, 2011

hit by an interest hike. let s all go outfront. i m erin burnett. outfront, count down to another downgrade of america? the super committee held a rare public hearing today. they re the group of 12 charged with cutting the deficit by at least $1.2 trillion. if they don t do it, we can end up on a rate to higher interest rates and a lower standard of living. here are the dates we need to watch. november 1st, cbo says the super committee must submit their plan for review. that is five days from now. november 23rd, that is the deadline for the final submission. and then december 23rd, the final deadline when congress must up or down vote that plan. the committee must come to an agreement, and congress has to pass it or automatic across the board cuts will be made, half of them coming from our defense budget. the problem is those cuts don t come until 2013. they are too small to prevent more downgrades. yes, thanks to congress, america s economic standing in the world ....

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KPIX CBS Morning News October 27, 2011

this morning, european leaders agreed on a deal to help resolve the european debt crisis. the agreement was hashed out during tense overnight negotiations. it was all censored on reducing grease s debt. drew levinson is here in new york with the details. good morning. good morning to you, terrell. reporter: the crushing greek debt threatens to affect the entire global banking system. now eu leaders say they have a deal but is it the answer? these are exceptional answers for exceptional times. europe never find itself in this situation. reporter: after marathon negotiations, european leaders emerged with what they hope is the solution. the plan includes a significant reduction of greek debt that requires banks to accept losses of 50%. injecting $140 billion into europe s biggest banks to withstand those losses and an expansion of the continent s bailout fund to better protect other countries in country, especially italy and spain. failure to get something done wo ....

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WJZ CBS Morning News October 27, 2011

this is the cbs morning news for thursday, october 27th, 2011. good morning, everybody. appreciate you joining us. good to see you. i m terrell brown in for betty nguyen. this morning, european leaders agreed on a deal to help resolve the european debt crisis. the agreement was hashed out during tense overnight negotiations. it was all censored on reducing grease s debt. drew levinson is here in new york with the details. good morning. good morning to you, terrell. reporter: the crushing greek debt threatens to affect the entire global banking system. now eu leaders say they have a deal but is it the answer? these are exceptional answers for exceptional times. europe never find itself in this situation. reporter: after marathon negotiations, european leaders emerged with what they hope is the solution. the plan includes a significant reduction of greek debt that requires banks to accept losses of 50%. injecting $140 billion into europe s biggest banks to wit ....

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CNNW Anderson Cooper 360 October 27, 2011

i m erin burnett. outfront, count down to another downgrade of america? the super committee held a rare public hearing today. they re the group of 12 charged with cutting the deficit by at least $1.2 trillion. if they don t do it, we can end up on a rate to higher interest rates and a lower standard of living. here are the dates we need to watch. november 1st, cbo says the super committee must submit their plan for review. that is five days from now. november 23rd, that is the deadline for the final submission. and then december 23rd, the final deadline when congress must up or down vote that plan. the committee must come to an agreement, and congress has to pass it or automatic across the board cuts will be made, half of them coming from our defense budget. the problem is those cuts don t come until 2013. they are too small to prevent more downgrades. yes, thanks to congress, america s economic standing in the world is on the verge of another downgrade. economist eth ....

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