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HONG KONG, Dec 11- China shares sank to their lowest in more than a week early Wednesday, weighing on Hong Kong markets, as coal producers slid after the country's top economic planner said its use will be curbed to combat pollution.
Former Federal Reserve chairman Alan Greenspan, and John Taylor, former U.S Treasury Undersecretary, debate what is to blame for the housing bubble. Taylor says monetary impulse is a big factor.
Steve McMahon, Democratic Strategist; and Robert Traynham, former Bush-Cheney Senior Advisor, discuss possible splits in Congress the new budget deal may cause.
House Majority Leader Eric Cantor expresses the importance of maintaining sequester savings in budget negotiations. Upward mobility can only come from a growing economy, Cantor adds.