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Detailed text transcripts for TV channel - CNN - 20100801:19:17:00

attractive, and we also do need to rebuild confidence in the stock market. exactly, alan. you did say it s businesses that might be spending now, and this is where our worlds clyde. there is a world that says don t help business out at the expense of people, particularly since look at what big business did to get us into this mess. but as we know, alan, without bi business investing, without americans investing, our consumerism is down. they get jobs and then they spend. how do you square the circle? alan, let s start with you. you have to look first at the short term and the long term. long term, we do need to reduce our deficit. we have a risk long term that interest rates could shoot up because of these deficits we re running. right now the economy is still fairly weak, interest rates are extremely low, so that is not a problem. so a lot of economists would argue, look, you ve got to still prime the pump. you ve got to get money into the

Alan chernoffStock marketDont help businessWithout americans investingBig businessBi business investingIsnt enough moneyInterest rates

Detailed text transcripts for TV channel - CNN - 20100801:19:11:00

alan chernoff explains how this could have an effect on virtually all of us. whee! the chadducks of ramsey, new jersey like to enjoy their money. we re definitely spenders. we like to have a good time, enjoy life. even though chris and his wife dawn have stable jobs, they re prepared to tighten their belt. he figures he will need an extra $350 a month to pay more federal taxes. where would that come from? maybe not go out to eat as much, maybe bringing my lunch to work. brace yourself. there is a very good chance your family also may have to soon face the same tough choices to find extra money to pay uncle sam. tax rates are scheduled to rise once the year ends. that s because tax cuts that president george w. bush championed in 2001 and 2003 were put in place only through the end of the decade. if congress does nothing, it

Isnt enough moneyChadducks of ramseyAlan chernoffNew jerseyUncle samTax ratesGeorgew bush

Detailed text transcripts for TV channel - CNN - 20100801:19:13:00

rise, president obama hopes to chop the budget deficit. but if families like the chad ducks cut off spending by $350 a month, that might hurt the economy. it could derail the recovery. and if that happens, some experts argue, it could mean lower overall tax revenues for the treasury. there is some hope for the middle class. senate finance chairman maximum bacchus supports making the tax cuts for middle class families permanent. on the house side, democrats also say they want to give relief to the middle class. so there is a chance couples earning less than $250,000 a year will be spared, which is exactly what president obama has pledged. but for those earning more than $250,000? rates are most certain to rise. so at the end of your story there, alan, you hit on something very important. that is if that family there ends up paying $350 more a month

Budget deficitTax cutsTax revenuesFinance chairmanBacchus supportsAlan chernoff

Detailed text transcripts for TV channel - CNN - 20100730:21:00:00

Detailed text transcripts for TV channel - CNN - 20100730:21:00:00
comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.

Alan chernoffAuto industrySouthern californiaWolf blitzerStrengthening windsWildfires rageLa county infernoSuzanne malveauxSituation roomJuly 30thJuly 30th 2010

Detailed text transcripts for TV channel - CNN - 20100725:19:52:00

letters and asking visitors for donations before they tour with their greeter. big apple greeter is barely scraping by. but there s still hope. we re working really hard on all fronts to find the angel who might be interested in keeping this program alive. for joannas the real value of big apple greeters is something that can t be measured. these people are going back to canada and they re going to tell all of their friends and neighbors who said, you re going to new york? weren t you afraid? and they re going to go back and say, you know what, there s nothing to be afraid of. for canadians their trip to new york yielded more than postcards and photo opes. i don t think we could have experienced again with just a guidebook. i feel like we made two new friends. alan chernoff, cnn, new york. . one time over the course of your term. try us at allybank.com.

Big apple greetersNew york cityWeren tBig appleAlan chernoffAllybank com