Lou good evening, everybody. The lastminute fiscal cliff steel locking in bushera tax rates for most of america, but that deal still results in a tax increase for nearly 80 percent of america while adding up to 4 trillion the National Debt the deal ensures that more than 120 million tax filers will see some sort of tax increase over the coming year. Your not hearing a lot about that. Well, you will hear tonight. The prident damning repeatedly throughout the campaign and the lame duc congressional session that his stance was all about protecting the middle class with the expiration of the payroll tax holiday. The were not scared. The 2 increase taking nearly a thousand dollars out of the pockets of the typical family per year, spending cuts 75,000 virtually ignored in the final deal. According to Congressional Budget Office analysis, the law calls for 1 in cuts for every 41 in tax hikes. 141. Far from the peakers long time dollar for dollar demand on spending cuts in exchange for tax hi
257167. Better than late than never. Congress finally comes together and passes a late night fiscal cliff deal. This morning we have the winners and losers for you. Delicate condition. Thats the word on hugo chavezs health this morning. Their people told to pray for their president. Sure, why not. Thousands take an icy plunge all for a good cause. Have you ever done that . Never. Ive considered it. On the list of things i will never do. Good morning, everyone. Welcome to early start. John berman will stop by later. It is 5 00 a. M. In the east. Up first, back from the bottom of the fiscal cliff, at least for now, millions of taxpayers and Small Business owners can exhale this morning sort of because late last night, the house passed a senate bill that temporarily brings you us back from the brink. The final tally, 257 for, 167 defense. Its interesting to note that while some top House Republicans voted no, Speaker John Boehner voted yes. And heres what the deal means for you. No tax hi
Senate approved by the house late last night. We will speak with economist juliet schor. After years of extreme weather, will 2013 be year zero in the battle over Climate Change . Were closer now them have ever been to what we need to do. I think we peeled away the layers of the onion and have gotten to the heart of things. As of tonight, were going after the fossil fuel industries. [applause] will host a discussion between Bill Mckibben, founder of 350. Org, and journalist Christian Parenti. He is author of tropic of chaos Climate Change and the new geography of violence. If the government allowed the epa to do what it must do, raise the price of burning fossil fuels, that would help direct private money into renewable energy, help put people back to work. In the face of this crisis, we have to think seriously and creatively about the role of government. All of that and more coming up. This is democracy now , democracynow. Org, the war and peace report. Im amy goodman. President obama
With scott pelley. Pelley good evening. Scott is off tonight, im anthony mason. America went over the fiscal cliff at midnight, but we are still waiting to see if it will be a hard fall or a soft landing early this morning, the Senate Passed a compromise bill that raises income taxes for individuals earning 400,000 a year and families earning 450,000. Everyone else would be spared. It would also delay spending cuts for at least two months, and that does not sit well with many House Republicans. So where do we go from here . We have two reports beginning with nancy cordes at the capitol. Reporter anthony, House Republicans do not like this deal. They say it needs serious spending cuts. So tonight House Republican leaders are counting votes, trying to figure out if they have enough republican votes and republican votes alone the pass a bill that puts some spending cuts into the deal a move they acknowledge is risky. House Speaker John Boehner met with House Republicans for an hour and a
Lebanese Officials Say 23 people were killed in suicide attacks outside of the Iranian Embassy in beirut. Dozens more were injured. An Al Qaedalinked group says it is responsible, and it is another sign that syrias bloody civil war has spilled over the borders. Reporter scenes of devastation. Two powerful bombs were detonated outside of the Iranian Embassy in beirut early on tuesday. Many were killed and the iranian cultural attache was among the injured. Translator i am syria. I work opposite the Iranian Embassy. On my way to work the first explosion took place. I fell unconscious and woke up to find myself here at hospital. It is a message that says clearly we can hit you anywhere you are. If you are going to be involved in places in syria, then we can also hit you in front of the Iranian Embassy in beirut or anywhere else. Reporter the attack appears to be the latest spillover from the syrian war. It wasnt the first of its kind. In august a massive car bombing killed scores of civil