Friday News Roundup - Hour 1

Guest Host:

Katty Kay
Friday News Roundup - Hour 1

The GOP reacts to President Obama’s plan for cutting the deficit. Congress votes on the budget deal that averted a government shutdown. And federal regulators order an overhaul of foreclosure procedures. A panel of journalists joins...

The GOP reacts to President Obama’s plan for cutting the deficit. Congress votes on the budget deal that averted a government shutdown. And federal regulators order an overhaul of foreclosure procedures. A panel of journalists joins guest host Katty Kay for analysis of the week's top national news stories.

Guests

Chris Cillizza

author of The Fix, a Washington Post politics blog, and managing editor of PostPolitics.com.

Julie Hirschfeld Davis

congressional correspondent, Bloomberg News.

Greg Ip

U.S. economics editor, The Economist, and author of "The Little Book of Economics: How the Economy Works in the Real World."

Friday News Roundup Video

According to The Economist's Greg Ip, gas prices have risen about $1 per gallon over the past 3 to 4 months, which he says could wipe a full percentage point off of household incomes. The Friday News Roundup panelists discuss the outlook for the nation's rising gas prices and how they could hinder the U.S. economic recovery:

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