them. you won t want to miss this. julie: president obama urging congress to pass the tax deal that he struck with republicans. if nothing is done, tax rates will go up for just about everyone in the country, january 1. since the tax compromise comes with a two-year expiration date, the debate we re witnessing could return just in time to impact the president s reelection bid in 2012. molly henneberg is live in washington with more. hi. in part this deal extends the bush era tax cuts for everyone for two more years. one top former bush advisor says that means the issue will come up again at a crucial time. i m a little surprised there weren t more people pushing this to be a three-year deal because they guaranteed that taxes be front and center in terms of a debate for the presidential election in 2012, which means it s also going to be front and center for the election for every member of congress and for a third of the united states
mark madoff facing several lawsuits filed by court appointed trust yeahs. one of those back in 2009. that s a $66 million lawsuit. also two other lawsuits filed just a few days ago. but once again, mark madoff not indicted on any of those crimes. julie: all right. heather, thank you very much. gregg: the madoff scandal shined a harsh light on the entire family and, of course, his firm. bernie madoff serving a 150 year prison sentence, but so far, only a few other people have actually been charged in the case. fox business network adam shapiro is live. how many suicides and how many people have been charged criminally? there have been a couple of suicides, the most prominent that people remember would have been the feeder fund director who actually had committed
the mother says she can t help the thought of burying her daughter. we want to really know what happened, why did he do this to her. what happened, because she was a good girl. julie: under police questioning, brooks came klaim she was alive and in bed when he left the hotel room. surveillance video shows no one else entering the room after he left. gregg: a blizzard is brewing, a big one. a wintry blast of heavy winds sweeping across the state of minnesota reducing visibility, you can see it. travel advisories already going up. officials even ordering snowplows off the roads in some areas. traveling by bicycle like these folks are doing, might be the only way to get around if you can handle that frigid cold.
but a gunfight between members of a la familia and the fedales. they are claiming a victory against the drug cartels. they were gunning down the leader of a very notorious group security forces killing moreno. this is a stronghold of the cartel known as the family. he is nicknamed the craziest won taking on a cult like status. at least eleven people were killed in the shootout including three other cartel leaders and five police officers. three civilians were also killed in which gang members burned cars and blocked off roads. julie: the son of an oscar winning composer facing charges in the death of her girlfriend. finding the body in a hotel bathtub, 24-year-old nicholas
money since 2005, he s not going to pay it. so write it off. if you have inventory sitting around since you moved in to your place and positive you ll sell it, write that off as well. if you take the write off, you can take a big deduction for it. they don t take advantage of that. julie: and also take advantage of the start-up expense deduction or new business investment. how does the jobs bill passed by congress this fall give an increase in the deduction for that? what it s doing is increases deduction to $10,000. so if you started up a business this year or kind of in the process of doing it, before the end of the year, get it incorporated, get the paperwork filed. you can take a $10,000 deduction for any start-up expenses. if you started up a new web site or moved into a new office or paying an attorney or accountant, the old tax rules kind of they told you you had to capitalize that and take a deduction over the next few years. this year, you can take up to $10,000 as a ded