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Transcripts For KQED Nightly Business Report 20121205

Certainty and make sure the country grows. Tom the president rejected the proposal republicans presented him yesterday. It would cut the debt by 2. 2 trillion over ten years, but would not raise taxes on americas highest earners, the biggest sticking point. The two sides seem to be allowing themselves room to bargain. The president said today hed be open to lowering tax rates for high earners later next year as part of a broad tax reform package. And Senate Republican leader Mitch Mcconnell did not directly endorse the g. O. P. Plan. For now, House Speaker boehner put the ball in the president s court, releasing a statement the president now has an obligation to respond with a proposal that can pass both chambers of congress. Susie we turn tonight to other opinions on the fiscal cliff impasse. We talk with the chairman of the National Governors association, and we also hear from a leading advocate for responsible fiscal policy. We begin with governor jack markell, the democrat from del

Transcripts For KRCB Nightly Business Report 20121205

We talk with delaware governor jack markell. Susie im susie gharib. A coalition of the nations top c. E. O. S is feeling pessimistic about getting a fiscal cliff deal. The groups leader joins us, maya macguinneas. Tom and Luxury Fashion meets the mass market. Who wins with targets pairing with Neiman Marcus . Susie that and more tonight on nbr tom there wasnt much obvious ground given today between president obama and Congressional Republicans in the effort to avoid the fiscal cliff in january. President obama repeated his pledge hes open to new ideas, but is holding firm on his call for higher taxes on top income earners, something missing from the g. O. P. Plan. With just three weeks left, the two sides are still at odds with their opening offers. Th time ticking away to reach a deal before tax cuts expire and spending cuts hit, president obama today said hes still optimistic a deal will be done and hes willing to compromise, but negotiations just arent there yet. Its going to requir

Consumers to see biggest single alcohol duty increase in almost 50 years

Consumers to see biggest single alcohol duty increase in almost 50 years
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Consumers will become less obsessed with home deliveries – parcel firm boss

Consumers will become less obsessed with home deliveries – parcel firm boss
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