Certainty and make sure the country grows. Tom the president rejected the proposal republicans presented him yesterday. It would cut the debt by 2. 2 trillion over ten years, but would not raise taxes on americas highest earners, the biggest sticking point. The two sides seem to be allowing themselves room to bargain. The president said today hed be open to lowering tax rates for high earners later next year as part of a broad tax reform package. And Senate Republican leader Mitch Mcconnell did not directly endorse the g. O. P. Plan. For now, House Speaker boehner put the ball in the president s court, releasing a statement the president now has an obligation to respond with a proposal that can pass both chambers of congress. Susie we turn tonight to other opinions on the fiscal cliff impasse. We talk with the chairman of the National Governors association, and we also hear from a leading advocate for responsible fiscal policy. We begin with governor jack markell, the democrat from del
Certainty and make sure the country grows. Tom the president rejected the proposal republicans presented him yesterday. It would cut the debt by 2. 2 trillion over ten years, but would not raise taxes on americas highest earners, the biggest sticking point. The two sides seem to be allowing themselves room to bargain. The president said today hed be open to lowering tax rates for high earners later next year as part of a broad tax reform package. And Senate Republican leader Mitch Mcconnell did not directly endorse the g. O. P. Plan. For now, House Speaker boehner put the ball in the president s court, releasing a statement the president now has an obligation to respond with a proposal that can pass both chambers of congress. Susie we turn tonight to other opinions on the fiscal cliff impasse. We talk with the chairman of the National Governors association, and we also hear from a leading advocate for responsible fiscal policy. We begin with governor jack markell, the democrat from del
We talk with delaware governor jack markell. Susie im susie gharib. A coalition of the nations top c. E. O. S is feeling pessimistic about getting a fiscal cliff deal. The groups leader joins us, maya macguinneas. Tom and Luxury Fashion meets the mass market. Who wins with targets pairing with Neiman Marcus . Susie that and more tonight on nbr tom there wasnt much obvious ground given today between president obama and Congressional Republicans in the effort to avoid the fiscal cliff in january. President obama repeated his pledge hes open to new ideas, but is holding firm on his call for higher taxes on top income earners, something missing from the g. O. P. Plan. With just three weeks left, the two sides are still at odds with their opening offers. Th time ticking away to reach a deal before tax cuts expire and spending cuts hit, president obama today said hes still optimistic a deal will be done and hes willing to compromise, but negotiations just arent there yet. Its going to requir
First, lets go to the nyse where sue herera is standing by. The markets improving a little bit right now. Well off of our worst levels of the trading session. Still in the red, however. The markets right now show the Dow Jones Industrial average off 71 points onts trading day. The s p 500 is down about 6 3 4. Nasdaq composite down better than 1 1 2 points. Meantime our top story, that change of leadership at securities and exchange commission. Mary shapiro is stepping down as head of the s. E. C. And president obama is designating Commission Member elise walter as her replacement. Eamon javers is in washington with the details. Reporter this is a bit of a surprise announcement. A lot of other names had been speculated over the past couple of days here on who might succeed mary shapiro over at s. E. C. But the tap goes to elise walter today. She is a sitting s. E. C. Commissioner now. That means that the president will not have to face a bruising confirmation battle up on capitol hill f
Shoplooks Wins Best Content Partnership for Uniqlo Campaign at US Partnership Awards 2024 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.