Thats good. He agreed in principle the rich must pay more. Number three, theres talk for the Republican Leaders that they could vote to continue the tax cuts for the 98 now and therefore avoid the fiscal cliff and put off for now the top 2 . And the question then, let the debt ceiling not take effect. A tax cut delayed i argue is a tax cut avoided. Joining me with the republican defense highly tauted fan of the eagles, ed rendell and alex wagner of msnbcs now. Governor, i want you to read whats going on here. First Speaker Boehner defended the gops tax proposal saying it does take a bite out of the rich but president obama held firm to tax rate hike on the wealthiest. Lets listen to the back and forth. Revenues were putting on the table are going to come from, guess who . The rich. There are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates, which we believe will harm our economy. Lets allow hi
More like december tonight, but we may soon see another round of warm weather. Well begin with a disturbing discovery at a high school in fairfax. Thanks for joining us tonight. Im brian bolter. Im shawn yancy. Administrators found a loaded gun in robinson secondary school. Fox 5s Audrey Barnes has the latest from the newsroom. Fairfax county schools have an email alert system called keep in touch. Thats how parents found out about a gun found at secondary school at robinson. School officials immediately le rachel shrineman has three kids at the school and was instantly concerned when she received an email alert about the discovery. I have a 7th grader who didnt really know what had happened. My 10th grader had heard, but it was dealt with so quickly that i think the kids felt very safe and i havent seen my 12th grader yet today. Reporter investigators say there was an ammunition magazine in the weapon, but they didnt release any other details about what led them to the locker. Of cour
Newtown, connecticut. Our words can do little to ease your pain. But you know this. We are with you in this incredibly difficult time. And recognize that you are who we are thinking about, even as we try to focus on our work today. So as for the markets, it was another weak day. Dow dipped 36 points. S p gave up. 41 . Nasdaq declined. 70. A lot of that again because of apple. You know the drill as we head into the weekend. Im not expecting to hear any progress on the fiscal cliff. But you know, i always watch the sunday morning talk shows now very closely and im looking for some politicians saying something encouraging. What does encouraging mean . It means a republican uttering the two words tax increase without the word no before it. And the democrats uttering two words, spending cuts, without the word no before them. Neither seems to be able to pull off that syntax, though. At this point i think weve got to assume that the washington people, they cant get it together. Weve got to gi
Economy later today. I thought i was supposed to come here today. You thought you were supposed to come here today. So we are both here. Not really, folks. A lot of talk today is about what investors should do if we go over the cliff. What should we do if there is a debt deal before yearend or shortly thereafter. We have Smart Strategies and individual stock picks for you this hour. Thats right. Well also take a look at another side of google that you very rarely hear about. The internet giant stashing billions in tax shelters to avoid paying taxes. Is that fair play or outrageous corporate behavior . Especially in this climate. Well talk about that. But first, markets are generally higher. Dow jones industrial average up 29 points on the day. Nasdaq is up 7. And s p 500 up about 1 1 2. Theyve been that way about the last ten days or two weeks or so. 21 days until america goes over the cliff or not. President Obama Meeting with the House Speaker boehner in a closed door session over th
Our words can do little to ease your pain. But you know this. We are with you in this incredible difficult time. And recognize that you are who we are thinking about, even as we try to focus on our work today. So as for the markets, it was another weak day. Dow dipped 36 points. S p gave up. 41 . Nasdaq declined. 70. A lot of that again because of apple. You know the drill as we head into the weekend. Im not expecting to hear any progress on the fiscal cliff. But you know, i always watch the sunday morning talk shows now very closely and im looking for some politicians saying something encouraging. What does encouraging mean . It means a republican uttering the two words tax increase without the word no before it. And the democrats uttering two words, spending cuts, without the word no before them. Neither seems to be able to pull off that syntax, though. At this point i think weve got to assume that the washington people, they cant get it together. Weve got to gird ourselves for a cli