Ago, whatever plan he had then is over with. This is a new election. The deal that he had a year ago, that does not count. For republicans and people to say they dont understand whats going on, i have a problem with that. The republicans deny anything he puts forward. The president left his vacation and came here. Theyre not being fair. Republicans say they are christians. Theyre not. They did this during his last term and now are causing and all of us to suffer because they dont like the president. This is personal. This has nothing to do with raising taxes. This is a personal attack and i think its a shame. We look like a third world country. We dont look like the United States. Host lets get a republican voice. Our next caller is calling from west bloomfield, michigan, on the republican line. Good morning. Caller i would like to get your thoughts on a balanced approach and have unbiased taxation by using a flat tax. That way you can calculate the amount of taxes we need for the defi
Moments ago, president obama saying he still has hope. Im optimistic we may still be able to reach an agreement that can pass both houses in time. Senators reid and mcconnell are working on such an agreement as we speak. And as we speak, rich edson is live in washington with the very latest. Well, its up to the senate. Staffers and a majority leader harry reid, Minority Leader Mitch Mcconnell are trying to negotiate a scaleddown debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. Again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend longterm Unemployment Benefits. Senate leaders are using that framework to try to craft a proposal to pass both houses of congress. Aides say it would likely increase the threshold for tax increases, reversing massive pay cut from medicare doctors, a
Moments ago, president obama saying he still has hope. Im optimistic we may still be able o reach an agreement that can pass both houses in time. Senators reid and mcconnell are working on such an agreement as we speak. And as we speak, rich edson is live in washington with the very latest. Well, its up to the senate. Staffers and a majority leader harry reid, Minority Leader Mitch Mcconnell are trying to negotiate a scaleddown debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. Again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend longterm Unemployment Benefits. Senate leaders are using that framework to try to craft a proposal to pass both houses of congress. Aides say it would likely increase the threshold for tax increases, reversing massive pay cut from medicare doctors, an
Republican proposal. It is a clean, continuing resolution to would kp government open andund it until december 15. And extend the debt ceiling until approximately february 7. But the bill would force members of congress, the white hou, and their staffs all to comply to the very same law they have been so unwilling to change. Obacare. It would eliminate some skis for subsidies for insurance exchges f all those folks on capit hill, and at 1600 nnsyania. The Speakers Officeeleased follows statement. Saying, if the president and Senate Democrats are going to force the American People to live uer obamacare, then they and all washington leaders should not be shielded from the law. But willpeaker boehner be able to secure enough votes now that conservative groups in waington have rejected t plan . Republican leade huddles in the Speakers Office right now. They are plotting their next move. Fox news chief Congressional Correspondent Mike Emmanuel on capitol hill, with our report. Rorte were ta
For melissa francis. Heres whats money tonight. President obama and congressional leaders try to pull off a fiscal cliff hail mary. Their lastditch meeting at the white house desperately tries to land a deal but the report he hadly not putting any new offer on the table. We have the very latest for you. Not even the fiscal cliff can slow down the u. S. Oil boom the production surge sets up huge windfalls for businesses outside the oil industry in 2013. Who stand to reap the biggest gains . Well drill down details so you can get in on this game. Iran launches war games in the strait of hormuz flexing its military muscle in the heart of the critical seaway for global oil supplies. Is iran just sabrerattling or gearing up for something much bigger . Even when they say its not, it is always about money. Adam and a good evening to you. Melissa francis will be back after the first of the year but right now lets look at todays market headlines of the investors were largely gripped by unfoldin