i'm bill hemmer live in "america's newsroom." martha has the day off. how are you doing. >> much-deserved. >> welcome back. >> i am jamie colby in for martin marietta martin marietta. martha maccallum. bill: 49% believe the president's policies contribute to the economic downturn. fox business network stuart varney here. mary katharine ham, editor-at-large hotair.com. stuart start with you. what is happening this week, stu? >> don't mince words. it is a terrible report. 386,000 new claims for jobless benefits is far too high. this makes it basically the worst recovery since world war ii from any recession. the use of the record recovery is being very generous indeed. three years after the end of the recession we should not see a high number of new jobless claims, period. bill: just a week ago we were getting better. what happened? >> it was artificially low number. it included july 4th week. a lot of people didn't register for unemployment benefits. art fish -- artificially low. bill: they continue to go up. do we have a fix on that? >> the trends is u

there is bill hemmer and this is me.hanks to everyone who came to barnes & noble for my first book signing. tomorrow, 1:00 p.m. i will be doing a

there is bill hemmer and this is me.hanks to everyone who came to barnes & noble for my first book signing. tomorrow, 1:00 p.m. i will be doing a >> i am told we all should vote. that overpopulation is what makes poor people poor. >> higher education is the single most important investment. >> i'm, you should go to college. >> i am so upset. >> politicians say olympic clothing must be made in america. people think they know why people free-load. >> it would be a shame to waste those shrimp. >> but what you think you know, often is not so. >> my hand is not catching fire. >> myth and truth -- that's our show tonight. and now, john stossel. what you think you know may not be so. how can that be? we know a lot. we go to school, read, watch tv, learn from parent, friends. why would what we know not be so? because our instincts are often wrong. took me too long to learn that. when i was a consumer reporter, i thought government regulation was the solution to consumers being ripped off -- wrong. regulation hurt consumers more.

martha: i have gregg jarrett with me, bill hemmer is a total slouch.h his family. thank you for being here today. some of the things people are sorting through on this is this issue that the medicaid coverage that is going to be kicked back to the states is now optional to the states. cbo will now have to rerun all these numbers and figure out what the true cost is going to be. what do you anticipate? >> i anticipate the cost will go up as time goes by this will become a more and more expensive proposition, piece of legislation, and when you think about it, martha, government spending is taxation. and when really, the obamacare really separates the people who get the benefits from those who bear the costs. it will have a very large negative impact on the over call economy and cbo is playing catch up to figure out how large this is. it's going to slow the economy down in 2013 and beyond if it's allowed to take full effect, which is about a 50-50 proposition in my find. >> explain for us if you could, one of the impacts of this law is that it raises thos

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i'm bill hemmer live in "america's newsroom." martha has the day off. how are you doing. >> much-deserved. >> welcome back. >> i am jamie colby in for martin marietta martin marietta. martha maccallum. bill: 49% believe the president's policies contribute to the economic downturn. fox business network stuart varney here. mary katharine ham, editor-at-large hotair.com. stuart start with you. what is happening this week, stu? >> don't mince words. it is a terrible report. 386,000 new claims for jobless benefits is far too high. this makes it basically the worst recovery since world war ii from any recession. the use of the record recovery is being very generous indeed. three years after the end of the recession we should not see a high number of new jobless claims, period. bill: just a week ago we were getting better. what happened? >> it was artificially low number. it included july 4th week. a lot of people didn't register for unemployment benefits. art fish -- artificially low. bill: they continue to go up. do we have a fix on that? >> the trends is up

bill: i'm bill hemmer. martha: good morning, bill hemmer. i'm martha maccallum.ill: this is really fascinating stuff as we get into it. we see the economic implications and also the political implications. martha: so much is hinging watching these numbers and how the lines are moving. these numbers look good. economists are a bit skeptical on them because they may be in part skewed by factors including seasonal employment. bill: bring in our expert. stuart varney, anchor of "varney & company", fox business network. take us through what we know here. >> jobless claims down 30 odd thousand. that looks good superficially but it is affected by seasonal numbers. second set of numbers, durable goods orders looking good, up 1.6%. degg deep. take out aircraft orders you have a big drop of over 1%. dig deep and these numbers are not as good as they look on the surface. bill: does this amount to a general reversal in jobs? >> no, sir, it does not. it does not. 350,000 new claims for jobless benefits, that is still a very high number and implies layoffs are still going stro

i'm bill hemmer. live in "america's newsroom." we'll do our best to be successful. martha: i think we can all get around that idea. good morning, bill. good morning, everybody. i'm martha maccallum. the president said, quote, if you're successful somebody helped you along the way. he says that is fine. the other side says there is something wrong with that. governor romney says president obama wants to be ashamed of their accomplishments. that is an insult. >> he is speaking by the way of businesses like this one, small businesses, big businesses middle sized businesses. mining businesses manufacturing services businesses of all kinds. he said this. if you've got a business, you didn't build that. somebody else made that happen. it is insulting to every entrepreneur, every innovator in america. [cheers and applause] bill: how does this play on the trail now? ed rollins, fox news contributor. former national director for reagan much bush, '84. that campaign among some others. >> good morning. how are you? bill: how does this play do you think. >> it gives romney the

bill: i'm bill hemmer.cans will continue working toward a repeal because they say that is what americans favor. >> this is up to the american people through their elected representatives to repeal and repolice this law. and what we are demonstrating today is that the house of representatives is here and ready to do now. the question now is the united states senate and the president. obviously they are not going to do that. martha: peter doocy is live on this story. are they going to wait until november to pursue this again. >> reporter: they clearly don't want to wait. yesterday was the 33 time the g.o.p. house has held a vote to defund or repeal the law. john boehner called out all the senators who have sat still while his house has voted nearly three dozen times to repeal obamacare. >> for those who support repealing this harmful healthcare law we are giving our colleagues in the senate a chance to heed the will of the american people. for those who didn't vote to repeal last time it's a chance for our co

bill: i'm bill hemmer.ying to shut this down for a year and a half and it's not happening. kofi annan said to meet with russia leader vladimir putin. russia a key ally of syria, has vowed to veto a resolution that would authorize military intervention. martha: leland vittert joins us live in our mideast bureau with the very latest on this situation. is there any evidence that chemical weapons have already been use ne used in this conflict? >> reporter: none so far, martha, coming from this defector who is the former syria ambassador toee rab. essentially he's saying i think the regime has used chemical weapons and they will use them in the future. in a current interview he has given to the bbc it certainly calls into question his credibility. it's important to understand that making these kind of accusations give a defect era very large soapbox. the other thing he said which was critical is about the video you're watching now, amateur video coming out of the capitol of damascus. he says the new fighting ins

i'm bill hemmer live in "america's newsroom." how you doing heather?orter: i'm doing great, i'm heather childress filling in for martha maccallum who is off. they analyze homeland security records from 2008 to 2011. steve centanni is joining us live from washington. what does the report say? >> this report, critics will point out of course the immigration policies by the obama administration are too lax fences are tooals arrested for often released instead of deported. findings were requested by the house judiciary committee that show that 17% of undocumented immigrants arrested for crime commit crimes within two years of their arrests. 14% was driving under the influence. 11% drug violation. 7.1 were for major criminal offenses which could assault, rape and murder. lamar smith said of the findings the obama administration could have prevented these senseless crimes by enforcing our immigration laws. but president obama continues to further his anti-enforcement agenda while innocent americans suffer the consequences. heather. >> reporter: how does home

my colleague bill hemmer is doing the same. talking to six other counties.es are seen as key. orange county, florida, a place hit hard by the housing crisis. prince william county voted for statewide winner the last 12 presidential elections. lyndon b. johnson in 1964 was the last democrat to win here before barack obama did in

i'm gregg jarrett in for bill hemmer here in "america's newsroom.". >> i'm heather childers in for martha maccallum forecasters warn more severe weather could be on the way. hurricane force wind, they came without any warning. >> the tree that was laying on the wires actually snapped under the tension and then, burned a huge hole in my yard and blew up the transformer. pretty scary. my whole yard caught on fire. >> initially they were like, oh, is your house on fire. we can't come out until your house is on fire. >> trees, trash, things getting lifted off the ground. >> sounded like my house was about to fall down. >> looks like bulldozers put down a bunch of trees is all i can tell you. believe what you people say about warnings, you know. >> we heard that 301 is down. 360 has parts that are down. so it haste been like following a maze to figure out how to get home. gregg: we're going to have more on this and a live report from west virgina in a few minutes. in the meantime, victims of the worst wildfire in colorado's history, going back home now to see if there's anything left at all. r

my colleague bill hemmer is doing the same. talking to six other counties.berland county, north carolina, where military families are seen as key. orange county, florida, a place hit hard by the housing crisis. prince william county voted for statewide winner the last 12 presidential elections. lyndon b. johnson in 1964 was the last democrat to win here before barack obama did in 2008. senator obama drew 80,000 people at the final rally at the fairgrounds and he carried the county with 58% of the vote. for state office election. prince william county historically voted republican. front and center today in the campaign is the issue of taxes. president obama says he wants to give the middle class a cut. opponents say that is just spin. masking a tax hike in a bad economy. senior white house foreign affairs correspondent wendell goler sorts it out for us tonight. >> insisting the one area of the tax policy both parties agree on, president al-balaw oba called for one-year extension of the tax cut for families making less than $150,000 a year. >> let's not hold

bill hemmer, thank you. more coming up on our top story in moments.ouse warning that leaders in syria have lost control, as civil war sweeps the country. what should the united states do here? what are the risks to us remarked that there is a power vacuum there, is this possibly a good thing when it lieutenant colonel ralph peters joins us after the break. ambassador john bolton joins us next. and new health dangers in japan's nuclear meltdown last year. serious new concerns about what is in the water ahead. and why would a powerful, wealthy, successful doctor put out a hit on another powerful, successful, wealthy doctor. it is a case on putting the courts right now. the details and the 911 call in "kelly's court." >> did you see any kind of struggle or anything like that? >> i didn't see anything. i thought he was here with me. when asked if he could find a doctor. >> all right. and he said that bullet had not been fired? been fired? >> i don't know what -- i don't know. call imperial structured settlements. the experts at imperial can convert your l

bill: i'm bill hemmer. could it be class warfare all over again. obama had this to say in virginia. >> if you've been successful you didn't get there on your own. you didn't get there on your own. i'm always struck by people who think, well it must be because i was just so smart. there are a lot of smart people out there. it must be because i worked heard than anybody else. let me tell you something, there are a whole bunch of hard-working people out there. [applause] >> if you were successful somebody along the way gave you some help, somebody invested in roads and bridges. if you've got a business you didn't build that, somebody else made that happen. martha: there it is. there is the line that is jumping out at everybody. if you've got a business, you didn't build that, somebody made that happen. good morning to brit hume fox news senior analyst who joins me now. this is getting a whole lot of eyes popping this morning. >> obviously and for good reason. he was doing fine until he said, you know, if you've got a business you didn't build that. no

i'm bill hemmer. how are you doing jaime. jamie: i'm doing great.aime colby in for martha maccallum. he said he followed the teen that night because he looked suspicious running between houses in the rain. he claims that trayvon martin confronted him soon after. >> do you have a problem? what's your problem. what's your problem. you said to him i don't have a problem. you reached for your problem. >> i reached for it as i was saying, no i don't have a problem. >> at that point you just got hit? >> he was already within arm's length of me. >> was that the punch in the nose that broke your nose. >> yes, sir. >> and you went immediately down to the ground? >> i don't remember if i went immediately to the ground or he pushed me to the ground but i ended up on the ground. >> after that first hit, what happened next? >> he started bashing my head into the concrete sidewalk. i was -- as soon as he broke my nose i started yelling for help. i was disoriented, and he started slamming my head into the concrete. >> which is where the lacerations came from. >> y

viewers at home, want to talk more about it, hemmer@foxnews.com. also twitter @billhemmer.ll get your questions on the air a little later. martha: it is in all of the blogs everywhere. we'll talk about that coming up later on in the show. meantime a major christian university is now set to file suit over the obama administration's birth control mandate. it is the first non-catholic entity to do that. we'll get it to you when it comes out. bill: a stolen plane. raises questions about airline security. how do you pull this one off? how easy is it to do it? details on the developing story next bill: hearing from former president george bush wading back into the political pool where the bush institute released its first book aimed at jump-starting the economy. mr. bush saying we will never fix the deficit without growing the private sector. former president talked about mostly about his trip to africa where he and his wife laura, the former first lady, worked on a clinic for women with hiv. >> i want the message to be it doesn't matter what your status in life is. you are never

bill: i'm bill hemmer.s at a fund-raiser in oakland, california where the unemployment rate in that town is nearly 14%, telling the crowd that governor romney's top down approach did not work during the last administration, and will not work now. >> just like we tried their plan, we tried our plan and it worked, that's the difference. [applause] >> that's the choice in this election. that's why i'm running for a second term. martha: some asking if this is success, you might ask what does failure look like with this economy the way it is right now, and matt mccall joins me now the president of penn financial group and somebody that we turn to a lot on economic issues. good morning, good to have you with us this morning. does it surprise you that the president would say that? >> it doesn't surprise me he'd say that. we've seen for the past three and a half years that his level and education of the economy is pretty darn lows. where he gots off saying this blows my mind. 8.2% unemployment, that is higher than

bill: i was down in the carolinas last week for several days with the hemmer family.rimmage to the beach. all 22 of us. it was smoking hot. it is always hot every year down there every year we go but this year especially. washington what did they have 10 straight days plus over 95, 100 degrees. martha: awful. that is a summer to remember already. at least you can sit in the water. even the water is hot. bill: it is too. martha: all the hemmers floating in the water. bill: new campaign issues moving up on the agenda. what the pentagon plans to do with our military and how that could be a game changer in the race for the white house. watch this story. we'll tell you about it. martha: take another look at this. look at this truck as it comes around the corner and slams into that gas station. we'll show what happened and after that. we'll be right back. clear, huh? my nutritional standards are high. i'm not juice or fancy water, i'm different. i've got nine grams of protein. twist my lid. that's three times more than me! twenty-one vitamins and minerals and zero fat! hmmm

good morning, everybody, i'm bill hemmer. welcome to "america's newsroom". martha: i'm martha maccallum, good morning, everybody. the republicans say the president's law is empty promise. they see it as the largest tax increase in american history. some top democrats believe that is not true. hear is the back and forth. >> 97% of american families will not pay one dime of tax increases under this law. >> president obama famously said and i quote, if you like your health care plan you will be able to keep your health care plan period, end quote. the congressional budget office released a fact that 20 million people are expected to lose their health insurance coverage if this law stands. bill: now the lines are being drawn yet again. new details on democrats possibly joining republicans in this fight. chief congressional correspondent, mike emanuel live on the hill. early for us. mike, good morning to you. how many votes will come from democrats? >> reporter: we're counting heads at this point, bill. we confirmed three for sure so far. we expect that number wi

good morning, everybody, i'm bill hemmer. the campaign rolls on as do we on a friday. welcome to "america's newsroom." martha has time with the family. how are you doing? alison: i'm alisyn camerota bill: mike emanuel at the white house. what issues do we expect him toe emphasize. >> reporter: real clear politics average shows president obama up by three in virginia. he won by six in 2008. everyone is expecting a closer race. part of the bus tour is president obama trying to invigorate and energize key constituencies, latin american voters, african-american voters and young voters. >> let's agree on that. that does create an important amount of economic certainty not just for the recipients of of that tax cut, but for the broader economy. it address as portion of the so-called fiscal cliff. let's do it now. let's continue to debate the issues where we, whether it is, contention and disagreement. >> reporter: how big is virginia? well the ad-spending between the two campaigns has been huge. the third most ad spending of any of the states in this election cycle. bottom l

bill: i'm bill hemmer. martha: good morning, bill hemmer. i'm martha maccallum.the lines are moving. these numbers look good. economists are a bit skeptical on them because they may be in part skewed by factors including seasonal employment. bill: bring in our expert. stuart varney, anchor of "varney & company", fox business network. take us through what we know here. >> jobless claims down 30 odd thousand. that looks good superficially but it is affected by seasonal numbers. second set of numbers, durable goods orders looking good, up 1.6%. degg deep. take out aircraft orders you have a big drop of over 1%. dig deep and these numbers are not as good as they look on the surface. bill: does this amount to a general reversal in jobs? >> no, sir, it does not. it does not. 350,000 new claims for jobless benefits, that is still a very high number and implies layoffs are still going strong it this economy. it doesn't really change the overall jobs picture which is negative. bill: you just mentioned this. we're learning that businesses cutbacks on orders for long-lastin

i'm bill hemmer. martha has vacation. >> i'm hither childers. today's hearing will be closed to cameras because of request for the defense. bill: last week we had a camera in the courtroom. this week not alicia acuna leads the coverage in colorado. what do we expect this morning, alicia. >> reporter: it will a busy day in court. james holmes will likely hear the charges against him. the defense has the right to waive the reading of those charges out loud in court. beyond the expectation of the 12 first demurder charges other chars could range in the hundreds. holmes is not expected to enter a plea. in fact he does not have to speak at all. he will need to acknowledge he understands the charges against him. there has been a lot of discussion in the legal community about holmes possible defense as well. take a listen. >> i expect they will pursue insanity. there is no other defense. it is not a whodunit. it was clearly premeditated. once they raise insanity the prosecution has to disprove it beyond a reasonable doubt and that could be challenging.

bill: i'm bill hemmer. good morning to you, martha.port says how expensive it will be to implement the president's new signature legislation and the other how much it would cost to repeal it. martha: bob cusack is the managing editor on the hill. good to see you. good morning. >> good morning. martha: how important is this report and why are people watching it so closely. >> everyone wants to know what the price tag is going to be not only of the supreme court ruling where it made the medicaid part of it optional out of the republican governors saying they are not going to implement that part of the law, but a key component part of the law on long-term care has been deemed unworkable. republicans are trying to repeal that part. law as well as the whole thing. that part of it actually saved the government some money in the cbo score. so how they are going to deal with that will be fascinating. this will be a pretty big news development and obviously used by both sides in this campaign year. martha: we've watched the developments over th

good morning i'm bill hemmer. welcome to "america's newsroom".chicken on a stick. good morning, everybody, i'm martha maccallum. you have democrats warning about looming defense cuts and expiring bush-era tax rates. they say they won't bush if the republicans won't bend. watch this. >> i will absolutely continue this debate into 2013 rather than lock in a long term deal this year that throws middle class families under the bus. >> what the democrats are proposing today is an entirely avoidable, high-stakes game of chicken. bill: so in the depths of july you have this, america. if congress can not come up with a compromise, we can all pay a price, significant too. bob cusacking managing editor of "the hill." what is on the line now? >> welling, everything. we have so much politics at play. everybody's tax rates were on the line. we were in this position in 2010. congress extended them for two years. come december 31st, all the tax rates will expire unless congress acts. bill: it i was an election year. >> right. bill: you argue both parties think

first let's check in with hemmer. >> they sound good. good morning to you.have far reaching implications for the election come november. also why many believe we're headed in reverse when it comes to the economy. we'll explain all that. and $20,000 for drum sticks. your government at work. hope you can join martha examine me in ten minutes on "america's newsroom". [ male announcer ] when this hotel added aflac to provida better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! gives you a 50% annual bonus. and everyone likes 50% more cash. [ russian accent ] 50% more rubles. eh, eh eh, eh, eh. [ brooklyn accent ] 50% more simoleons. [ western accent ] 50% more sawbucks. ♪ [ maine accent ] 50% more clams. it's a lobster, either way. [ male announcer ] the capital one cash rewards card. with a 50% annual cash bonus, it's the card for people who like more cash. [ italian accent ] 50% more dough! what's in y

good morning, everybody, i'm bill hemmer. welcome to "america's newsroom.". may be temporary. the economy added just 80,000 jobs for the month of june. bill: so the federal reserve is sending signals they may take action but there is some serious doubt they have the tools to do it. fox business network's charles payne with us. good morning to you. >> reporter: good morning. bill: what are they saying about the strength of our economy, charles? >> reporter: very interesting and they came out with the minutes. essentially they acknowledge all the things the market is worried about. banking weakness and weakness in europe. they acknowledge the market would be off even more if feeling central bank including the fed would be accommodative. only half the people saw need for additional stimulus right now. that spooked the market. we had a massive selloff. we got better before the close. it is pretty clear, bill, wall street and the fed aren't on the same page. wall street wants action. fed is saying hey, give it a little bit more time. perhaps they're more bullish

i'm bill hemmer. martha has vacation. >> i'm hither childers.st week we had a camera in the courtroom. this week not alicia acuna leads the coverage in colorado. what do we expect this morning, alicia. >> reporter: it will a busy day in court. james holmes will likely hear the charges against him. the defense has the right to waive the reading of those charges out loud in court. beyond the expectation of the 12 first demurder charges other chars could range in the hundreds. holmes is not expected to enter a plea. in fact he does not have to speak at all. he will need to acknowledge he understands the charges against him. there has been a lot of discussion in the legal community about holmes possible defense as well. take a listen. >> i expect they will pursue insanity. there is no other defense. it is not a whodunit. it was clearly premeditated. once they raise insanity the prosecution has to disprove it beyond a reasonable doubt and that could be challenging. >> reporter: there is a 13th victim that has died. ashley mowser miscarried the baby a

we're going into the maccallum hemmer show. i have to wrap this up sadly. good time.again. exit to famous dave's grilling barbecue straight ahead. meatless mondays gets the boot but peta is doubling down taking bets on when one of the senators who refused to go vegetarian will die and then country star aaron lewis is here. he's live on the plaza and he brought his instrument. and right now his hands are in his pocket. [ male announcer ] what if that hemorrhoid pain is non-stop to seattle? just carry preparation h totables. discreet, little tubes packed with big relief. from the brand doctors recommend most by name. preparation h totables. the anywhere preparation h. see life in the best light. [music] transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. experience life well lit, ask for transitions adaptive lenses. to experience the largest, most efficient line of luxury hybrids on the road, including the all-new esh. ♪ while many automakers are just beginning to dabble with the idea of hybrid te

we get our first look at that i'm bill hemmer. welcome here. martha is on vaca. how are you doing?gators point to five key figures from the bureau of alcohol firearms and explosives including acting director, ken melson. bill: that was specialed to track weapons and stop a crime wave. instead many of the guns would end up lost and end up on both sides of the border. the report says the operation was quote, marched by missteps, poor judgment and inherently recollectionless strategy. william la jeunesse is on the story in l.a. what else is in the. >> reporter: report the report has 10,000 documents most obtained under subpoena. paints poor oversight, sloppily significant tiff work and lying. saying director ken melson that he failed to supervise. assistant directors and bill hoover and bill mcmahon complained about sending guns to mexico but never did anything to stop it. it says bill newell, the agent in charge of phoenix, he was accused of running this rogue operation. he was reprimanded for doing it in the past but didn't stop. it finds atf dropped the ball. if atf had bothered to

a brand-new hour of "america's newsroom," hello, everybody, i'm gregg jarrett in for bill hemmer.d you're with us. >> i'm chil heather childress in for martha maccallum. >> this has to be ripped out by its roots. this is government taking over the entire health insurance industry. the american people do not want to get on this path. gregg: the issue is what would happen in the house, likely such a repeal effort would pass, but democrats have a majority in the united states senate, and it's questionable whether the majority leader harry reid would even allow it to come to the floor of of the u.s. senate for a vote. regardless of how the polling data seems to shake out. now of course all of this just days after the united states supreme court ruled, we will hold it constitutional not under the interstate commerce clause but the mandate is constitutional as a tax. there was some thought that perhaps the supreme court's im permatur might change polling opinion, in fact it has not. here is brit hume. what do you make of the poll numbers? i note our own fox news poll the eve before the

i'm bill hemmer. how are you. >> i'm heather childress in nor marthfor call.d average ever the polls shows everything is even and they have been for months. bill: brit hume on a monday morning, on monday's with brit. good morning to you. this is the poll that came out from the lil' in washington d.c. stronger leader shares your values, more honest. mitt romney leads barack obama in all three categories. leadership and values and honesty. what does that say? >> the first thing i say about it it's a likely voter poll, which means it's deserving of more weight than a lot of these other polls that just poll registered voters, many of whom won't vote, or all adults of whom many won't vote. it's a big plus for romney. despite the gap in likability, which the president enjoys, it's a big gap, 20 points or so on who is the more likable person, it suggests that people find qualities in mitt romney that they expect and hope for in a president and would be willing to therefore vote for him. bill: that is interesting. point number two on this. this race has been so tight

gregg: i'm gregg jarrett in for bell hemmer.considering a range of options, including dropping the number of warheads to 400. martha: joining us now is senior white house correspondent wendell goler. what do we know about the plan. >> reporter: the 400 to 500 warheads is the low hepbd. the more realistic raining is a thousand to* 1100. the russian vs. a bit less than 15 pun. each count here has thousands more in reserve. in april of 2010 in prague president obama and then russian president signed treaties where both pledged to get rid of warheads by 2015. they agreed the verification process which has lapsed under george w. bush contributed to stability. now each country can inspect the other's arsenal once again. martha: what is the republican response to the latest news and the numbers. >> reporter: it hasn't been good. arizona republican congressman trent franks who is on the armed services committee called the proposed kphut cuts preposterous. it's likely the white house won't announce the proposal until after november. ther

good morning everyone i'm gregg jarrett in for bill hemmer here in "america's newsroom.". >> what a shocking day in colorado. i'm jamie colby for martha maccallum today jaime: the suspect is in custody. police identify him as james holmes. witness reports say he entered the theater wear aghast mask, set off tear goose and opened fire. the look at chilling video taken by someone inside the theater as people are seen running for their lives. >> leave from here. leave from here. [shouting]. [inaudible conversations] >> somebody has been shot. >> who got shot? >> there is blood out there. jaime: blood right there, heard on this video. just some of the horror that we've seen, those of us covering this through the night. we're getting reports from some of the people inside that they played dead as the bullets were flying. just moments ago, police breaking through the window of the suspect's apartment building, very, very carefully, using a crane to break through the glass, afraid to go through the front door no doesn't after the gunman allegedly warned police there were explosives inside. gregg: h

bill: i'm still bill hemmer.weeks since the city said these words at a campaign stop. the event lasted 40, 45 minutes. toward the end of that stop this is what was said in virginia. >> somebody helped to create this unbelievable american system that we had that allowed you to thrive. somebody invested in roads and bridges, if you have a business you can't build that, somebody else made that happen. bill: the romney team seizing on that holding, we did build that rally as a small roundtable during the week. he says it's proof the president simply does not get it. >> he said this. if you've got a business you didn't build that, somebody else made that happen. [booing ] >> some say something like that is not jus just foolishness, it's inch constitutional righting to every entrepreneur in america and it's wrong. martha: president obama says he was taken out of context. we'll play the full context in a few minutes from now. rich lowry joins us editor of the national review and fox news contributor. when you look at al

. >> i'm greg jarrett in for bill hemmer.lice spent the weekend taking evidence from his apartment getting past the booby traps and bombs. >> we wanted the evidence in side that apartment. we've taken cuffed the computer. the potential that we might get evidence out of that computer is very important to us. every ounce of evidence will help us hold this person accountable. it was a very, very high priority that we recover evidence and i'm grateful we had the bomb professionals from the feds and our local agencies to help us do that. it was a great relief, both from the hazard standpoint that we mitigated the hazard and we recovered the evidence. i suspect we'll be sifting through the evidence for months. gregg: as the evidence grows, so does the makeshift memorial for the victims, for each of the 12 that were killed. >> i had to come down and wish a family member goodbye in way, seeing his name there on the cross, and you realize that this is real, this is not a story. >> the devastation, i mean really, these innocent people,

i'm bill hemmer, good morning to you. alisyn: i'm alisyn camerota in for martha maccallum. may have been false tpaoeuz to hid hide their troubles. we have jeri. good morning to you. financial documents could have been falsified, what do you say. >> no one is saying publicly what the investigation is about. its thought to be lying about the city's finances. why? how well a city is doing is critically important to how much money it can borrow and how it can pay its employees. 75% of that budget goes to public employees, particularly police and firefighters. they will not be able to meet their budget next month. the situation is really pretty dire there. the fact this has escalated to a criminal probe, really shocking. bill: it's the third city, san bernardino, mammoth lakes and stockton. in either of the other cases there was no suggestion of criminal doing. >> no, this is a new turning point in what has become a multicity, multi-state problem with not enough taxpayer dollars coming in, money being overspent. what is really going on here, bill, here is what i think is so inte