let s go outfront. good evening everyone. i m erin burnett. we re in countdown, counting down to a tax hike. congress has ten days to reach a deal that will keep american taxes from going up on january 1st. if they fail to agree, the average american worker will lose $40 a week. under fire today, republican house members who rejected a deal that would have extended the payroll tax cut by two months. past the two-month extension, return to work on the year-long extension or explain to the american people, 160 million of them, why congress would not listen to them. the speaker in turn went before the cameras to make his point. we re here. we re ready to work, looking for our counterparts to sit down with us so we can do what the president, bipartisan leaders in the house and senate all want. that s to extend the payroll tax cut for one year. deja deal. why don t we have a deal? let s asking republican jeb hensarling from texas, co-chair of the deficit super committe
bill, if you can get this fixed, why not why not do the right thing for the american people even though it s not exactly what we want. full details of the deal, the compromise and reaction. president obama said, for the past several weeks i ve stated consistently it was critical congress not go home without preventing a tax increase on 160 mill americans. an agreement meet that s test. more reaction coming as well. latest on the details and the political fallout. dana bash is with us and jessica yellin. let s go to the hill first. house republicans are saying we have a tweak in the language here to help small businesses, but this is cave with a capital c, no. reporter: tweak with a little t, barely you can see the tweak. house republicans gave in here. you could see it in the house speaker s demeanor. you could hear it in his voice. he all be gave a concession speech. both on the politics and on the policy of this. policy meeting as he said we fought the good fight.
are going to be making some statements i suspect as well. at least the president will talk about what s at stake for them. john, you and i have covered these games of chicken for a long time. president will be walking out in a moment. can t believe personally that they won t work out a deal between now and december 31st, because the stakes are too enormous. the stakes are enormous. i think you re right they ll try to work out a deal. if republicans this morning didn t think they d wake up and make a deal, the president of the united states is winning the optics of the political war right now. now he s going to add some rhetoric to it as well. let s listen in. thank you, everybody. please, please have a seat. good afternoon to all of you. merry christmas. happy holidays. we ve been doing everything we can over the last few weeks to make sure that 160 million working americans aren t hit with a holiday tax increase on january 1st. we ve also been doing everything we can t
very long time. it s also sending shock waves across egypt and the entire world. fair warning, what the camera caught, what the women are protesting, well, it s hard to watch. and here s also no sound. which perhaps is just as well because the images speak for themselves. watch. now, we don t know what ultimately became of this woman except that she suffered serious cuts, serious bruises. but we do know this. she s not the only one. and yet keeping them honest, until tonight the generals in charge of egypt these days are insisting that what you just saw was only an isolated incident. translator: and here i want to mention a very important point. the armed forces and police have pledged not to use violence against protesters, physically or even verbally. now, do these troops look like they ve taken some sort of pledge of nonviolence against protesters? i mean, does beating the daylights out of defenseless people qualify as nonviolence? it s been going on for days. riot pol
hello everyone, it is 1:00 on the east coast. let s get straight to the news. your paycheck and benefits may be cut and your taxes may go up all because congress can t agree on another very important issue, that is payroll tax cuts. congress is in a political standoff right now. the senate passed a two-month extension a moment ago. house republicans rejected that in a procedural vote and are pushing a one year extension. keep in mind payroll tax cuts and extended unemployment benefits expire in less than two weeks. our members do not want to just punt and do a two-month short term fix where we have to come back and do this again. we re here, we re willing to work. it s just a radical tea party republicans who are holding up this tax cut for the american people and jeopardizing our economic growth. but what s the real problem? we ll talk to republican strategist ron christy to get answers. if you re heading west, check the forecast. people in a number of states are d