Friday News Roundup - Hour 1
The U.s economy grew by 2.5 percent in the third quarter, the fastest pace in a year. The congressional debt reduction supercommittee met in public Wednesday. But the real action continued behind closed doors. A Democratic proposal was leaked, and countered by a Republican offer, but taxes remain the stumbling block. President Obama announced economic measures that don’t require congressional approval, including one to ease student loan debt. And GOP presidential hopeful Rick Perry unveiled his flat-tax plan. The domestic hour of our Friday News Roundup David Corn of Mother Jones, Jeanne Cummings of Bloomberg News and Byron York of the Washington Examiner.
Washington bureau chief, "Mother Jones" magazine; author of several books, most recently, "Hubris: The Inside Story of Spin, Scandal, and the Selling of the Iraq War."
deputy government editor, Bloomberg News.
chief political correspondent, Washington Examiner.
The panelists respond to a caller's view on the Occupy Wall Street movements and discuss the political and cultural forces that precipitated the movements. Bloomberg's Jeanne Cummings said that the question many frustrated Americans continue to ask, both inside and outside the movement, is "where are the jobs?"