that could be a baucus.t's encouraging. >> bret: we'll see who the senate republicans and the house dems and the republicans put up in the number of days. probably by the end of the week. next up, 2012 race. stay tuned. >>> this economy is not going to get any better in the next year-and-a-half with this administration because not one policy in the interim and i don't believe that this president is going to have an emaculate conversion overnight. >>> give me your vote on saturday so i can take this movement and your voice to the white house. >> it seems they would substitute the harry trueman the buck stops here with the new model for white house, the buck stops somewhere else. >> bret: well, we'll take "special report" on road starting tomorrow from ames, iowa, the site of the debate on thursday night. the next big debate. then the straw poll on saturday in ames. the latest gallup poll just out. you can see the percentages. mitt romney, 24%. governor rick perry, 17%. ron paul is 14%. michele bachmann, 13. t

and liberals don't like max baucus because he's supported medicare trims in the past.nd here an interesting part, you mentioned who are the potentials. jon kyl didn't like the negotiations with the vice president. some conservatives worry he's retiring after this term, they think he might be looking for a big achievement. another one here, rob portman, democrat, those is the kiss of death for rob portman, the new senator from ohio, worked in the bush budget office, yes, he's a conservative, but they don't view him as an ideologue. might he hb a dealmaker? >> there's a possibility that one side could pick off one s member from the other side, but the problem then is it's got to go to the congress. i just think that this whole thing is fraught with politics. and ideology. people have rigid ideological positions, and i just don't see how a grand compromise could work. if the president and john boehner, who supposedly had come close to some kind of an agreement and that couldn't work, i don't see how it's more likely to work when you throw it open to members of congress. >

baucus quite frankly some are questioning maybe medicare is on the table. of those republicans and how entrenched they are, it's not equal, we should stop pretending it's equal, they are doing ideological battle and it's not the same on both sides. >> i can keep hearing this from paul krugman and other folks that the problem here is the center. the problem is not the center. the pro been is hyperpartisanship and it's not about moral equivalence here, it's about that both leaders intentionally side stepped the gang of six and that shows bad faith in my opinion. >> the gang of six are out there, but you do us a disservice when you say it's hyperpartisanship on both sides, because it's not. none of those three senators, democratic, are as close to hyperpartisan, it's not equal. it's not equal. >> okay. all right. all right. we'll watch this play out. this is a -- this is a very consequential, important policy debate. incredibly important policy debate. we'll see leader pelosi's picks, we'll move on from there. hopefully they'll surprise us. i understand. hopef

. >> max baucus, john kerry, patty murray. >> signed a pledge against any tax hikes. >> really is going to have to be who can fight ideologically. >> 82% of americans now disapprove of the way congress is doing its job. >> it's also very disturbing, the lack of diversity. >> this super committee is so distressing. >> melissa harris-perry can't stand talking about the super committee, so she'll review a movie for us instead. >> all right, i'm going to do it. but i need to make sure she understand this ain't no game. >> republicans are trying to explain how losing two senate seats in wisconsin is actually a win for them. >> what we saw happen in wisconsin. >> two seats picking up last night was decent. >> this is sort of a test for progressives. >> this is devastating for unions. >> ed schultz joins me. >> i can't do this story tonight without having fun with these people. >> and iowa gets crazier as the candidates get ready for the straw poll. >> i've got more than one gear. >> also preparing for tomorrow night's big race. >> fun and entertainment, we're always going to have a petting zo

i want to thank senator baucus for calling this hearing today, and i want to welcome the ceo's here tocommittee's continuing dialogue about tax reform, and with so many of our fellow americans out of work and struggling to find a job, it's refreshing to see your companies employee 1.6 million people, americans. 1.6 million americans, that's good from your four folks. today, we're here to learn how corporate taxes affect your businesses. corporate income taxes or revenues, corporate income tax revenues is a percentage of total federal revenues have steadily declined since the 1940s and 50s. during the 1990s, corporate tax revenues averaged about 11% of federal revenues. last year, corporate tax revenues were less than 9% of our total federal revenues. the corporate tax is generally considered the most efficient of all taxes and who bears the burden of the corporate tax? we know corporations cut a check to to the irs, atheapt pay the taxes, people do, but which people? is it the shareholders or the employees of the corporation or the consumers? the most recent research seems to indicate

they are patty murray of washington, max baucus of montana and john kerry of massachusetts.osed to be set up by next week. >>> we've seen what's been going on in britain the past few days, fires, looting marauding gangs. the sale of aluminum baseball bats has skyrocketed. amazon reported orders were up more than 8,000 pr. on the amazon discussion board there. if you find yourself not able to update your status. anonymous might be to blame. the hacker group is vowing to kill facebook november 5th. the video message says even if you delete your account, all your information stays on facebook. facebook is not commenting on the alleged plot. >>> just days before president obama and his family are supposed to be on vacation, there's been a small fire at his vacation home on martha's vineyard. the fire chief of chill mark, massachusetts says an outdoor gas grill caught fire at the main house at blue heron farm. the damage was minor. >>> the london riots no doubt a serious situation. count on comedians to find the funny side. here is your punch line. >> how bad has the situation go

that was struck in order to avoid a default and the three democratic senators are going to be max baucus of montana john kerry of massachusetts and patty murray of washington state of the republican senators we jon kyl of arizona arizona that toomey of pennsylvania and rob portman of ohio we're still waiting on and see below see to announce that the the three democrats of the house john boehner has already released the republican house names and they are jeb hensarling of texas dave camp of michigan and fred upton of michigan and the mainstream media is already falling all over itself describing who these lawmakers are what committees they're on what positions they take let's be honest here this so-called super committee that is supposed to save us from more credit downgrades and a sign of the future of america's social programs really think they're going to pull this does it matter that it's bipartisan is that going to lead to some truly equal deal the places the needs of the american people first or is it all a charade because as dylan ratigan describe it yesterday our congress is boug

patty and baucus, his close personal friend.ittee, baucus heads the finance committee and senator john kerry is the foreign relations committee. the components we need to look at is tax reform and defense cuts which is what kerry's there for. he's the one who could sort of provide some sort of cover for the party once it actually does cut into the defense budget. so those are the three elements that i took away from this. >> all right. >> fascinating stuff, obviously. >> yeah. >> he's like our mel kuiper, sam stein. >> so mel kuiper, what do you think about wisconsin? we didn't get around to you on the wisconsin battle last nate. are you surprised? >> am i mel kuiper now? yeah, i guess i'm a little surprised. you know, labor was very much invested in this, obviously. you know, of all the things to get them riled up, the stripping of collective bargaining rights probably was the best thing. you guys made valid points. this is a climate where everyone is basically worried about their own pocket books, about the stock market, the j

are trying to pass so think about the people that harry reid has chosen for the democratic side max baucus is a centrist that is what his reputation is ok he is known as a centrist he's willing to strike deals with the republicans in fact he has already come out during these debt deal negotiations and he has said that he is in favor of cutting funding to medicaid medicaid as long as we increase taxes except i think that he's disingenuous i don't think that he's really that focused on raising taxes at all and by the way all of the republicans that are in the supercommittee have signed grover norquist says tax pledge basically saying that they will not raise taxes under any circumstances so what is the result going to be the result is going to be something that is not bipartisan at all we're going to see no increase in taxes and at the same time we're going to see cuts in the things that are so important to working class and middle class people things like medicare and medicaid social security funding for higher education that's the way that they're going to save money they're not going to i

max baucus is the chairman of the finance committee banking.appropriate thing for him to do. he also was somebody who i think did a very good job, has done a very good job on financial issues in the last couple of years. patty murray is a businesswoman who understands the business community well. and was successful. john kerry is rich. so -- >> greg: he married rich. >> bob: something i would do if i had the opportunity. ja you don't like rich people. >> bob: i like democrat rich people. >> you like rich left wingers. >> greg: rich lab ares are different from rich republicans. they don't want you to get rich. >> bob: there is something to be say about that. but these are three good choices i think in this community, everybody is saying that the down and out on the committee. this committee is the last best chance to get ourselves a long-term debt relief program. >> greg: i disagree. just have another committee. have that committee create another committee. >> greg is right. this committee is manifestation of congress' inability to do what we pa

the next person on the list is senator max baucus of montana.nance committee. one of the senate's true tax experts. he's known as something of a deal maker. and rounding out the three is john kerry of massachusetts, former democratic presidential nominee, political reports say he lobbied for a spot because he wants an achievement in the domestic policy arena. here's your shot. tough job, not a lot of time to do it. slash the deficit. and sell it fast. >> quickly clear something up. i mean, these choices are set in stone? can they be overturned somehow? >> i don't think they can be overturned. i mean, i didn't see any way they could be overturned and certainly it's not appealable. the senate and the house make their own rules and this is the rule they came up with. >> just wondered. americans are expecting a lot of the super committee, new polling out this morning, and tell us a little bit about that. >> we asked the question, should the deficit reduction bill include taxes on businesses and higher income americans. cnn/orc poll, yes, 63%, no 36%

with somebody like kerry or max baucus. she's there also to protect the liberal flank so that liberals can say, okay, she's going to look out for our interests on this committee. that may not bode well for results, but i think that's one of the reasons she's there. when do we anticipate more names on the committee. they had two weeks from the president to sign the legislation. they'll get the speakers' picks, leader pelosi's picks on the democratic side of the house. these are political leaders. you don't get to be speaker of the house of either chamber without being a politician. we know they'll have politicians. the question is, for example, no one from the gang of soix far in the senate. harry reid deciding to overpass the democrats on the gang of six. they're looking for people who are viewed as loyal to the leadership. the question is for all of the politics involved about senator murray, about 2012, the medicare issue, will they come together? will they have a circuit breaker? will what has happened in recent days, th

senator max baucus and senator bidder were extraordinarily helpful. we have many, many meetings for more than a year. i want to thank the committee staff who have been working so diligently. same thank you does not mean the bill was done. it is an unusual situation where we have had to work so hard. i want to say thank you to rose, and david, and james the bipartisan staff. i think i have spoken to them for nights on end. i want to thank the staff of all of our colleagues were working so closely on this bill, and i welcome everyone to this important, critical moment on our nation's infrastructure. the current bill expires on september 30, and if we do not act, we will see a cut of 1/3 actually 36% and we will see all law that says 620,000 jobs, 500,000 on the highway side. it is clear that we have to act. if we do not step up to the plate, we will see these jobs lost and our infrastructure continue to crumble. this hearing is a milestone. this bill moving ahead for progress in the 21st century will maintain current funding levels protect existing jobs

with somebody like kerry or max baucus. she's there also to protect the liberal flank so that liberals can say, okay, she's going to look out for our interests on this committee. that may not bode well for results, but i think that's one of the reasons she's there. when do we anticipate more names on the committee. they had two weeks from the president to sign the legislation. they'll get the speakers' picks, leader pelosi's picks on the democratic side of the house. these are political leaders. you don't get to be speaker of the house of either chamber without being a politician. we know they'll have politicians. the question is, for example, no one from the gang of soix far in the senate. harry reid deciding to overpass the democrats on the gang of six. they're looking for people who are viewed as loyal to the lead leadership. the question is for all of the politics involved about senator murray, about 2012, the medicare issue, will they come together? will they have a circuit breaker? will what has happened in recent day

. >> but i'll tell you the person i'm most worried about on this committee is baucus. coming from the democratic side but when i think about what went wrong fundamentally in the healthcare debate as president obama is maligned for his actions in healthcare reform, the fact is that it was baucus over and over again who was standing there with his hand, you know, extended to republicans when it didn't have to be. when democrats in fact did have a majority. so, i'm very concerned that the way that the compromise will be reach said in a baucus fashion which really has not proven to be the sort of thing that leads it progressive agenda. >> well, what we've got it see, bob, is the people's outrage. many offis are mobilized and many of us are moving forward. but one sign that is hopeful, when you look at 22 polls, 22 polls, show majority of americans want to raise taxes. this is not one poll. 22 different polls. when you look at anger in town hall meetings that republicans are calling as they go home, on vacation, and their own constituents are saying, taxes should be on the

and could work well with somebody like kerry or max baucus or even patty murray. one reason she's there also is to protect the liberal flank so that liberals can say, okay, she's going to look out for our interests on this committee. that may not bode well for a result, but i think that's one of the reasons she's there. >> john, certainly, if both sides are going into this with thoughts of just how to protect their flanks, that doesn't really bode well at all. when do we anticipate hearing more names on the committee? >> you know, leader mcconnell and the senate republican side has been home in kentucky this week. he said he will appoint serious people. it needs to be done within about a week and a half now. they had two weeks from the president signing the legislation. that will get the speaker's picks, will get representative pelo pelosi's picks on the other side of the house. we know they're going to have politicians, the question is, for example, no one from the gang of six so far in the senate. harry reid deciding to overpass the democrats on the gang of six.

senators baucus, kerry and murray in the house from pelosi still not known, not named at this point. what is the outlook for the super committee at who is picked so far? >> i would not count myself as an optimist in washington about the work of this committee. i think it's basically set up to deadlock. i think the kind of people that were picked for this while many of them thoughtful are the kind of panel that is likely to produce something that looks deadlocked. i think that is the most likely outcome. i think it's baked in early when this committee was first con sievered of. not -- conceived of. i'm not optimistic they'll do something. it's one reason we were concerned about the defense cut that was triggered that the committee doesn't do what it was assigned to do. >> bret: karen, what do you see of republican picks? people talk about max baucus on the democratic side, being a guy two could negotiated pointing to andy murray saying she is the head of the dscc, the democratic senatorial campaign committee. on republican side what do you see with the picks? >> there is brain power a

max baucus is chairman of the finance committee and he is a smart guy. for the right reasons, he was on the simpson balls commission. he voted against it which is the right to vote. i think is wrong to think these guys will be living in a world of their own. patty murray is the chair of the senate democrats. she is part of leadership. i think you will see a lot of discussion taking place between the caucus and those three people. >> we had the bulls-simpson report. -- we had the bowles-simpson proposal and the gang of six proposal which was similar and now you have president obama making the case recently on a daily basis that we need to compromise and have a balanced package. his idea of a balanced package is cuts in entitlements and increases in tax revenues. is the president fundamentally wrong that that is where the middle ages? guest: i think most americans believe that in fact the president and the democrats have compromised far too much and the republicans have given virtually nothing. i think john boehner said that after this deficit reduction pa

. >> in one of the papers this week, they labeled max baucus as a centrist. would you call him a centrist and if so, what does that mean to you in these negotiations for the super committee? >> if you are asking me if i would have appointed three different people, i probably would have. max baucus is chairman of the finance committee and he's a fairly smart guy. for the right reasons, he was on the bulls-simpson commission and voted against it which i think was the right thing. i think it is wrong to think these guys would be living in a world of their own. patty murray is the chair of the senate democrats on the committee. she is part of leadership in backing key will feel lot of discussion taking place between the caucus and those three folks. >> we had the bowles -some support which would increase tax revenue in the gang of six revenue sort of built on that with similar proposals. now you have president obama making the case recently on a daily basis that would be to compromise and have a balanced package. in his mind, a balanced package means cuts in enti

senator harry reid picked max baucus, john kerry of massachusetts and patty murray of washington with senator murray at the co-chair. murray already drawing fire from republicans as her role in a lead democratic congressional fund-raiser, and if the political grumbling is already proving ominous, take a look at markets today enter nosedive territory just as these announcements rolled out. economic anxiety gripping both wall street and main street. with a new poll out today showing 73% of americans think the country is on the wrong track. and nearly half saying the worst is yet to come for our economy. the whole scenario just about sending msnbc's dylan ratigan over the edge. take a look. >> democrats aren't doing it. republicans are not doing it, and entire integrated system, financial system, trading system, taxing system that was created by both parties over a period of two decades is at work on our entire country right now, and we're sitting here arguing about whether we should do the $4 trillion plan that kicks the can down the road for the president for 2017 or burns the place to

baucus just walked out. to make this work, getting a transportation bond program could really enhance all of this as well and also have a great deal of leverage, promote public/private partnerships and the like to really help us particularly during these times. >> i will turn it over to senator inhofe for eight minutes. i want to say to my colleague when the department of transportation made that tifia loan in los angeles, $500 million the score was $20 million. was barely anything. the reason is it was a dedicated stream of funding. hardly any risk at all. that is the exciting part of tifia and why i am grateful. it doesn't replace the core program but when you hear mr. james talk about layoffs and worries and we know construction is still down this will give us a chance to do more than we can with the basis. we did reform tifia to allow rural areas to be able to move forward with practically no interest rates. it is terrific. i give you eight minutes. >> thank you. we went through this in 2005. we were the

today, senate majority leader harry reid named democrats patti murray of washington, max baucus of montana and john kerry of massachusetts to that committee. the rest of the 12-member panel is expected to be named next week. in britain, rioting continued to spread from london to other cities. this picture of a woman leaping from a burning building in london was on the front page of nearly every newspaper today. mark phillips has more on the riots and the government's response. >> reporter: the trouble didn't go away on the fourth night of rioting in britain, it just moved north to the cities of manchester and birmingham, where looters tried to take up where those in london had left off. but there were more police and fewer rioters. just as there were in london where police numbers were more than doubled to 16,000 and where they chased trouble down before it could begin. after three nights of looting and burning, britain declared it had had enough. >> this is criminality pure and simple, and it has to be confronted and defeated. >> reporter: where the fires had burned, the morning light rev

we heard from the majority leader harry reid last night, his picks, senator murray, senator baucus and senator kerry. we have six of the 12. we expect to get the names any time now. this commit lee will be a looking a lot at, the markets. the markets rallied 429 points yesterday. jon: and there goes 418 of them. jenna: there you go. listen to this. we are going to talk to an investor next who says he hasn't seen a market like this in 50 years. we have insights from across the pond, neil cavuto will join us in a little bit, we'll have more news after the break. you could save a bundle with geico's multi-policy discount. geico, saving people money on more than just car insurance. ♪ geico, saving people money on more than just car insurance. more picks for the so-called super committee to tackle our nation's debt. we have new names that we got during commercial break from the senate minority leader, senator mcconnell. he's naming senator kyle of arizona, pat toomey. the democrats from the house have yet to be named. and also senator portman. we will look at the personalities making up thi

patty murray, max baucus, john kerry, the three democrats charged with finding up to 1.5 trillion in cuts. now, most of the criticism has been falling on murray, because she is chair of the strongly political democratic senatorial campaign committee. the rnc chair said, she's the fund-raiser in chief. the select committee is no place for someone whose top priority is fund-raising and politics. alan simpson was in congress for 18 years, never shy about sharing his opinions, also the cochair of the president's commission on fiscal responsibility, so he's somebody with a deep interest in this. senator simpson, thank you for joining me this morning. >> it's always a pleasure. a gorgeous day in cody, wyoming, high, blue skies, 60 degrees. go ahead. >> there are probably a few people in washington who wish they were there with you, but there's work to be done. >> oh, boy. >> what do you think about these three picks? >> yes, plenty of work to be done. i heard you just speak about the selection of the three. max baucus was on our commission and it was very uncomfortable, because max, my nei

baucus' significance is that he can put revenue on the table. if they want to talk about revenue, having him there, kerry is a national figure, he's endorsed obama's big deal and peggy is a loyal party person who's not going to go way off from where the majority of the caucus is. >> she's on the budgets committee, john kerry is on the finance committee. these people know the nuts and bolts. what should the democrats do in the house in terms of appointments to this committee? >> i guess i might finesse it and get some sense of what john boehner is doing in the house. if he cares to the tea party and says no one who's even a moderate conservative, then you know where this committee is going and might put some more militant people on there. i think she needs a couple of people who are very strong on the democratic commission like schakowsky or barney frank, maybe steny hoyer, there's always talk about there's a little sort of tension between pelosi and hoyer, put him on there. that would be a good symbol and he can rally some of the moderates. >> m

. >> and the senate democrats, max baucus, and the co-chair patty murray of washington state. >> agains is another signal, patty murray who has been on the talking points, fighting hard throughout this debate. >> warner: especially on medicare and social security. >> yes, the lines that we won't balance this on the backs of the old and the sick, she's there opposite general henserling, the other hard part san but having max baucus and senator kerry in there you have two people who are used to getting things done and getting them through the senate. i think this is where we may see the real work done in here. >> and john kerry was a bit of a surprise here. since he's in the finance committee. but of course he's the chairman of the foreign relations committee. but he's there because having really sort of come out of a few years of wandering in the desert after he lost the presidency, he is in full form now. all of those talents. and i would look to kerry along with portman to be potential deal makers here. note that there is only one woman on this committee and that's patty murray. and y

reid's announcement also named max baucus, senator who was part of the deficit commission last year. but he voted against the final plan, which included scaling back medicare. the third member that reid has picked is senator john kerry. all of them expected to do their best to protect medicare, which is a big priority for the democrats. all the names are due in by next tuesday. three each will be selected by speaker boehner and the minority leaders, nancy pelosi and mitch mcdonald. >> thank you so much. >>> and this new so-called committee was a hot topic last night. lawrence o'donnell asked e.j. dion dionne, about what they bring to the table. >> his significance is that they can put revenue on the table. they want to talk about revenue. kerry is a national figure. he's endorsed obama's big deal. and patty murray is a loyal party person, who is not going to go way off from where the majority of the caucus is. >> she's on the budget committee. these people know the nuts and bolts. they don't be confused by what's being discussed there. what should the democrats do in the house in ter

also on this committee from reid, senator max baucus, he voted against the final plan which wanted to reduce a scaled back medicare and also john kerry has been selected by the democrats by the senate side to participate on this committee. interestingly he did not pick his budget chair, anyone from the gang of six that worked on that deficit reduction package or anyone on the commission who voted yes for the deficit package last year. now, these names are all due on tuesday. we're awaiting the other nine very soon. lynn? >> tracie potts for us in washington. thank you. >>> at a somber ceremony in delaware yesterday. the remains of 30 american service members killed when their helicopter was shot down in afghanistan last weekend arrived back on u.s. soil. president obama traveled to dover air force base to meet the families of the fallen soldiers. the military has opened an investigation into the devastating helicopter crash which led to the single deadliest loss for u.s. forces during the nearly decade-long war in afghanistan. >>> there has been a fourth night of violence in england a

max baucus voted for the 2001 bush tax cuts. he worked with the bush administration on the prescription drug bill. reid is signaling he wants to be a statesman. the question is, will everybody else follow suit? the deadline for choosing members is august 16th. >>> well, let's move on to wisconsin. a major blow for organized labor last night. democrats came up short in their proxy fight between the unions and business and republican governor scott walker. voters recalled two out of the six republican state senators who supported walker's law limiting collective bargaining. but a quote that sometimes gets contributed to vince lombardi, winning isn't everything. republican state senator alberta darling who won the deciding race with 54% of the vote declared victory last night. >> i'm very proud to say we stood up against the special interest groups. we stood up against the unions, and we said the voters have the vote that counts! >> here's what i learned from the wisconsin fight. both parties are energized in that state. wisconsin

reid announcing he will appoint senators patty murray, max baucus, and john kerry to the bipartisan panel. reid's picks could be a preview of another political fight to come. the republican chairman took issue, saying that reid's appointment is proof that democrats are not serious about deficit reduction. he calls patsty murray the democrats' fund-raiser in chief. they have until august 16th to name members to the 12-member committee. >>> new riots in the u.k. for the fourth-consecutive day, as protests expand into nottingham and manchester. police taking unprecedented action. authorizing the use of rubber bullets. in london, police have been successful bringing calm to the city, after cameron added about 10,000 officers and armored vehicles to patrol the streets. a large police presence is expected to remain in london for at least the next 24 hours. more than 1,100 people have been arrested in the violence so far. and more than 110 police officers have been injured. nbc's michelle kaczynski has more from london. >> reporter: there are new flash points in britain. but nothing like london.

that's washington senator patty murray, montana's max baucus, and massachusetts senator john kerry, and each of them have maintained an absolute commitment to revenue increase through tax reform, targeting the wealthy. but it is a very different story when it come to the six republicans who have been named to that committee. speaker boehner has appointed three members of the house who said that tax increases are a non-starter. senate minority leader mitch mcconnell, his picks include conservative republican senator kyl, toomey, and former bush office of management and budget director, rob portman. and senator portman is seen as a key member of the committee when it comes to fiscal policy. but bottom line, scott, i spoke with a senior adviser to the president today about the makeup of that committee so far, and he said to me, "if you're a betting person, bet on a stalemate." scott. >> pelley: not a lot of common ground. norah o'donnell, standing in front of a little bit of a construction project there at the white house. thanks very much. in afghanistan, the taliban fighters who shot dow

but earlier this week, senate minority leader chose patty murray of washington, montana's max baucus and massachusetts's john kerry. murray will co-chair the group with jeb hensarling. the u.s. has run a $1.1 trillion deficit through july. about $70 billion less than last year's deficit at this point in the fiscal year. the treasury says the change is due to higher government revenues. this comes as a new "reuters" poll, this number caught a lot of people's attention yesterday. 73% of americans now think the country is headed in the wrong direction. 7 3% on the wrong track. while 21% say we're headed in the right direction. according to the a "washington post" poll, 78% say they're dissatisfied with the u.s. political system. the "post" points out that 73% of americans say they're not confident in the government's ability to handle the economy. in 2012 politics, some of the republicans hoping to take president obama's job getting together in iowa. the ames straw poll just a couple of days away now. republican presidential hopefuls participating in a fox news debate tonight. participa

senate majority leader harry reid named senators patty murray, max baucus and john kerry. nine more members are expected to be announced next week, their job is to find $1.5 trillion in spending cuts to reduce the deficits. >>> the results of the wisconsin election are announced. republicans managed to hold on in four of six races. that leaves them in control of the senate. democrats forced the special election after governor scott walker pushed through a disputed labor law earlier this year. >>> just ahead on "the morning news" another american disappears on aruba. >>> plus on the run, the dougherty gang, three fugitive siblings may have been spotted in colorado. fugitive siblings may have been spottpot in colorado. [ female announcer ] we all want cleaner laundry. we all want a world with fewer chemicals. we all want the best of both worlds. introducing all free clear oxi-active. a powerful new detergent without dyes or perfumes that helps get out your toughest dirt and stains. its added natural cleaning boosters help get your whole family's wash incredibly clean. tough

. >> good marng, chairman baucus, ranking member hatch, and members of the committee, thank you for holding this hearing today and the opportunity to share our views. the corporation is the leading pharmacy care provider in the u.s. in rhode island and are dedicated to helping americans achieve they're best health outcomes at lower costs. we employee over 2 million people in the u.s. including more pharmacists and nurse practitioners than anyone else in the nation. we have a higher tax rate at 39%. some think of us as the nation's leading drugstore chain because we operate more than 3200cvs stores here in the united states, the district, and puerto rico. 75% of all americans live within three miles of our stores. a leading pharmacy manager or pbm. as you know, they assist health plans, unions, and governments to design benefit options that meet their members needs and help drive down costs. that being said, we think that cvs is more than just a pbm and drugstore chape. we consider ourselves a part of the fabric of american society working to improve the lives and health of our customers and

against rumsfeld for the motion had been rejected by prosecutors until now and he walked us to brian a baucus says the case opens the floodgates to other officials being held to account for war crimes. what we have to recognize is that by stripping rumsfeld of immunity for the acts of torture against american citizens this opens wide the door not only for rumsfeld but for dick cheney for bush for all of those who advocated or put into place policies like the policy of torture which they call enhanced interrogation techniques euphemistically and very thinly euphemistically disguising torture which is illegal then that means all of these people could be in the dock if you try to hold pentagon officials in this case the head of the pentagon donald rumsfeld accountable for torture or other illegal acts that somehow shackles the hands of u.s. military but ironically it suggests that the united states government needs to demands too and is engaging in illegal acts and that if. anyone who holds them accountable that will be quote shackling in their effort to carry out war it's partly demagogy but my

i indicated to my friends here that i spoke to chairman baucus today. he's found a source of money to complete the highway bill. so there are many things we can do and there is also, of course, we're concerned about the new energy jobs that are out there and we have a lot of other things. finalized yet but we will. >> [inaudible] >> i think that people going on the joint committee should be open to solving the debt problems of this country and not let ideology stand in the way. this is more about saving our country from the future long-term deficit problems we have than political ideology. >> [inaudible] >> under the law you have to do it within 14 days after the president signs the bill. thanks, everyone. captioned by the national captioning institute ---www.ncicap.org--- [captions copyright national cable satellite corp. 2011] -- [captioning performed by natonal captioning institute] >> reviewing the road to package and renewing efforts at job creation. according to the associated press this afternoon, the president, president obama has signed the bil

senate majority leader harry reid wants john kerry, max baucus and patty murray. other top republican and house and senate are still deciding whom they will pick. >>> and the obama administration wants to turn thousands of foreclosed homes into rental properties. starting today, it's looking for ideas for properties owned by government-backed entities. the goal is s keep the housing market afloat with many more potential foreclosures expected. >>> apple briefly became the most valuable publicly traded company. while stocks were fluctuating apple moved ahead of exxon at least for a little bit. up almost 6% while exxon gained 2%. both are worth nearly $350 billion. >>> well, a lot of people are mad at standard & poor's after its downgrade of the u.s. credit rating and subsequent market chaos. check out one broker's reaction. she paid for a plane to fly over s&p's new york headquarters with a banner reading "thanks for the downgrade. you should all be fired." >> if she had the money to get that plane, maybe she's not hurting as much as other people, but i think that

i'm going to call on senator baucus.i want to say something i said to him privately and said to senator inhofe privately in the gang of six proposal which you know everybody's looking at, one of the things they do there is fully fund the highway trust fund were 10 years out based on current levels of spending and i think the reason is important to mention, is because they think it does show that among democrats and republicans, this is a strong priority. they don't mention any other specifics. .. >> the result is waste of human and economic resources, and each of the taxpayer's dollar. modern transportation can be the rapid conduit of economic growth or a bottleneck. it can bring jobs and loved ones and recreation to every family or bring a sudden and purposeless death. it can improve every man's standard of living or multily the costs of all he buys. it can be a convenience or it can be a delay. the choice is ours to make. that was president lyndon johnson in calling for an establishment of the united states of transpor

has settled on patty murray who is pretty solid john kerry who is very solid or more solid and max baucus which. gives me some concern the other the other nine have not been announced any any quick thoughts on that and i had her say what i think you know frankly we're we're just concerned about this is the moment of vulnerability you have a couple things that play here is does this commission do something or they would be completely divided in the trigger goes right in the administration hopes that the threat of these defense cuts will actually force people to think hard and move on a revenue question but hundred million just good defense well they're meeting to defend the wars but also the promise of no cuts to entitlement programs social security medicare medicaid which was true in the first part of this deal and it's true under the trigger. the smoking territory here in the congressional commission and we're deeply concerned we want nothing touched there. so in the meantime congress is on vacation john boehner is off avenue this is jim gimlets or whatever their cigars. what's the a.f.l