Most americans. Even though hard decisions on Government Spending cuts were put off, the deal over tax rates ushered in a 308 point rally for the Dow Jones Industrial average. But as sylvia hall reports, the new session of Congress Beginning tomorrow faces some Big Decisions very soon. Reporter as americans return to work from the holidays, they might breathe a little easier knowing the fiscal cliff isnt happening. But the deal on the president s desk doesnt end the debate. In fact, it sets the stage for a bitter First Quarter fight. The bill does add some certainty to this years tax rates, by permanently extending bushera tax cuts for people making less than 400,000 per year and couples making less than 450,000. It also staves off the sequester that package of sharp federal spending cuts for two months. But lets look at what the deal doesnt do. It doesnt take the sequester off the table completely, and it doesnt raise the debt limit. Theyll both have to be resolved in february and mar
Miles obrien reports on a growing threat to the countrys infrastructure aging sewer systems. In detroit, there are 3,500 miles of sewer lines, some of them dating back to the mid 19th century, the crumbling pipes offer a glimpse at a Huge National engineering challenge that is largely unseen and unappreciated. Woodruff and ray suarez examines the changing face of Cable Television as al jezeera, the pan arab news giant, buys current tv, a Television Channel founded by al gore. Brown thats all ahead on tonights newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And by the alfred p. Sloan foundation. Supporting science, technology and improved Economic Performance and Financial Literacy in the 21st century. And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers
(The Center Square) – The nonpartisan Congressional Budget Office this week revealed the magnitude of the federal deficit, growing to $1.7 trillion in one year, as the national public debt
(The Center Square) – The nonpartisan Congressional Budget Office this week revealed the magnitude of the federal deficit, growing to $1.7 trillion in one year, as the national public debt
The seminar, which kicked off Sunday, is an eight-day course that teaches students leadership practices, strategies and principles. It aims to send them back to school with a clear understanding of how to be leaders in various public service roles.