but there s something else at the edge of the new year s eve cliff that republicans fear even more than the defense spending cuts. and this is the good news. the great news about the fiscal cliff. and it is the worst thing that could ever happen to grover norquist. and that is the complete and final expiration of all the bush tax cuts. there has always been an expiration date on the bush tax cuts and on new year s eve, it will finally arrive, and if democrats just have the courage to hold hands and jump off that cliff together, every income tax rate will go up on january 1st. not just the top rate, but the bottom rates and the middle rates. all of the tax rates go up,
from an american hudler, so, we have been lost on the road for four hours. not a good first impression, london. new attacks and counter attacks on the campaign trail tonight. it s getting ugly. governor romney says president obama is insulting every business owner in america. the president says he can explain that plus, look who is back on capitol hill. the former vice president dick cheney trying to help fight off big defense spending cuts? we will hear from him just ahead. we re getting a break on gas prices. but experts say we ll need that extra cash to pay our grocery bills. that s coming up as we approach the bottom of the hour and the top of the news as fox reports live tonight. those surprising little things she does still make you te notice. there are a million reasons why. but your erectile dysfunction that could be a question of blood flow. cialis for daily use helps you be ready anytime the moment s right. you can be more confident in your ability to be ready. and the same
we will discuss how much longer they can stay on point. meanwhile, mr. cheney goes to washington to gin up outrage over defense spending cuts. jane lynch visits the set to talk about what happens after high school, namely a mountain of student debt. tune in when now starts in a mere 180 seconds. [ male announcer ] at scottrade, you won t just find us online, you ll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it s no wonder so many investors are saying. [ all ] i m with scottrade. i ve got a nice long life ahead. big plans. so when i found out medicare doesn t pay all my medical expenses, i looked at my options.
martha: to capitol hill, lawmakers are arguing over a bill to stop $78 billion in cuts to the pentagon. there s a live look at the house floor where the rhetoric has gotten fiery over this issue. the white house is now threatening to veto any bill that tries to block the defense spending cuts. paul ryan says that these cuts, he also, would be disastrous. here s what he said: this sequester will decimate our military at a time when our men and women are overseas fighting in a war n. a world that has become much more dangerous. the issue is going to be do they care more about protecting these tax breaks for the very wealthy, or do they care more about protecting defense spending. martha: well, there you go. that s the battle, and house democrats are pushing for an alternative plan that would end the tax breaks to large oil companies. virginia republican randy forbes is chairman of the house armed services readiness committee, head to go hill to cast his vote on this issue as soon as
the house just passed a republican plan to reverse defense spending cuts and replace them with cuts to domestic programs. in a few minutes, president obama arrives in seattle going to daner at george clooney s los angeles home tonight. ring story of how a shipping giant can befriend a forest may seem like the stuff of fairy tales. but if you take away the faces on the trees. take away the pixie dust. take away the singing animals, and the storybook narrator. [ man ] you re left with more electric trucks. more recycled shipping materials. and a growing number of lower emissions planes. which still makes for a pretty enchanted tale. la la la [ man ] whoops, forgot one. [ male announcer ] sustainable solutions. fedex. solutions that matter. wow! it s even bigger than i thought. welcome to progressive. do you guys insure airstreams? yep. everything from travel trailers to mega motor homes. and when your rv is covered, so is your pet.