Personal finance expert Chris Farrell and host Scott Jagow discuss a new report suggesting debt is a growing problem for the middle class. The Center for American Progress says debt now makes up 108% of incomes.
The Senate will likely pass its version of the immigration bill today.And that sets up a battle with the House. The two versions are so different, this could be a long, ugly fight. Hillary Wicai has a preview.
Delphi wants a bankruptcy judge to void its contracts with the United Auto Workers. The UAW is threatening to strike if that happens and GM wants more time to get this resolved before the dominoes would start falling. Alisa Roth reports.
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