Break down like this households making 20,000 to 4,000 would see an increase in 1,200 a year. Incomes of 40,000 to 64,000 would see taxes rise 2,000 and in the 64,000 to 108,000 bracket taxes go up 3,500 a year. Mr. Obama and the republican speaker of the house talked this over today and heres Major Garrett at the white house. Major . Reporter scott, there there is a code of silence the white house and Speaker Boehners try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. Nevertheless, cbs news has learned the following the speaker and the president spoke before treasury secretary tkpwaoeugter insers. E. C. Geithners comments about going over the cliff, the conversation was described as brief, meaning shorter than the 28minute conversation Speaker Boehner and the president had last week. Also those familiar with the conversation tell me or do not used a skwrebgive thes like curt, frank and direct meaning it was probably
Captioning sponsored by cbs this is the cbs evening news with scott pelley. Pelley good evening, theyve never said it quite like this the president s treasury secretary made it clear there is no room for compromise. Republicans must accept an increase in tax rates for upperincome americans. Negotiations on a budget deal havent gone very far and there are just 27 days before that socalled fiscal cliff. Thats the package of tax increases for most americans and budget cuts that will hit automatically unless the white house and congress find a gentler way to solve the crisis in the federal budget. Heres how treasury secretary tim geithner put it on cnbc. Is the administration prepared to go over the fiscal cliff . Absolutely. Theres no prospect to an agreement that doesnt involve those rates going up on the top 2 of the wealthiest americans. Ren, its only 2 . Pelley by 2 , he means individuals making more than 200000 and couples taking in 250,000 or more. Republicans say rates shouldnt be
And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill a major winter storm surged into the midwest and northeast, fouling flight schedules and ruining Road Conditions on this day after christmas. The huge weather system left a trail of destruction in the Gulf Coast Region and at least six people dead. Oh, wow, oh jesus, look at that tornado. Ifill the calm of christmas night was shattered by tornadoes dropping from the sky across much of the deep south. This one hit near downtown mobile, alabama, ripping apart a church, a high school and a number of homes. At least 34 twisters struck in texas, louisiana, mississippi and alabama, tearing walls from homes and tossing cars onto one another. By this morning, heaps of debris dotted the gulf region. This use to be a really big, as you can tell by the size of the slab, use to be a huge feed store, metal. It wasnt a weak building at all.
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 like you. Thank you. Ifill a major winter storm surged into the midwest and northeast, fouling flight schedules and ruining Road Conditions on this day after christmas. The huge weather system left a trail of destruction in the Gulf Coast Region and at least six people dead. Oh, wow, oh jesus, look at that tornado. Ifill the calm of christmas night was shattered by tornadoes dropping from the sky across much of the deep south. This one hit near downtown mobile, alabama, ripping apart a church, a high school and a number of homes. At least 34 twisters struck in texas, louisiana, mississippi and alabama, tearing walls from homes and tossing cars onto one another. By this morning, heaps of debris dotted the gulf region. This use to be a really big, as you can tell by the size of the slab, use to be a huge feed store, m
Captioning sponsored by Macneil Lehrer productions ifill a massive winter storm disrupted travel today for tens of thousands of americans across the country. Good evening, im gwen ifill. Warner and im margaret warner. On the neho tonight, we t the latest on the snow sleet and rain that have snarled roads, knocked out power and delayed flights. Ifill then, with images from the connecticut massacre still raw, Spencer Michels looks at a California Law that aims to head off such violence. Reporter though no one knows the diagnosis of the perpetrator of the shootings in newtown, the killings have raised once again the issue of forcing the mentally ill into treatment. Warner as Congress Comes back to washington to resume fiscal cliff negotiations, we ask, what happens if they dont reach a deal . Ifill we talk with a repsentative of egypts Muslim Brotherhood about the new brotherhoodbacked constitution signed into law today. Warner and we have another of our conversations with retiring member