Woodruff while much of the country kicked off the new year by going back to work today, washington said its goodbyes to the 112th congress, after a late night of final suspense on the fiscal cliff legislation. It gave the president much of what he wanted on taxes, and left republicans sharply divided. For president obama, the end for now of the washington budget drama, meant returning to hawaii today to resume his holiday vacation. But last night, before leaving, he welcomed house approval of the fiscal cliff bill. A central promise of my campaign for president was to change the tax code that was too skewed towards the wealthy at the expense of working middle class americans. Tonight, weve done that. Reporter the final vote in the house was 257 to 167 on a bill the senate had already approved, it capped days of intense negotiations. The provisions will affect nearly all taxpayers. For individuals making at least 400,000 and couples making 450,000 income tax rates will go up from the cu
Thank you. Woodruff while much of the country kicked off the new year by going back to work today, washington said its goodbyes to the 112th congress, after a late night of final suspense on the fiscal cliff legislation. It gave the president much of what he wanted on taxes, and left republicans sharply divided. For president obama, the end for now of the washington budget drama, meant returning to hawaii today to resume his holiday vacation. But last night, before leaving, he welcomed house approval of the fiscal cliff bill. A central promise of my campaign for president was to change the tax code that was too skewed towards the wealthy at the expense of working middle class americans. Tonight, weve done that. Reporter the final vote in the house was 257 to 167 on a bill the senate had already approved, it capped days of intense negotiations. The provisions will affect nearly all taxpayers. For individuals making at least 400,000 and couples making 450,000 income tax rates will go up
Captioning sponsored by Macneil Lehrer productions brown congress stepped back from the brink of financial turmoil, at least for now, after the house passed a tax plan late last night and sent it to president obama. Good evening, im jeffrey brown. Woodruff and im judy woodruff. On the newshour tonight, we look at how the vote came about and sort through some of the political consequences as a result of whats in the bill and whats not. Brown then, new killings in pakistan, we look at the uptick in violence against aid workers and women teachers with Washington Post Foreign Affairs reporter pam constable. Woodruff paul solman takes us inside a company that turns a profit by employing an unusual workforce. A massachusetts Manufacturing Firm founded in 1932 where the median age is 74 and Rosa Finnegan over there, is 100. Brown and ray suarez talks with journalist and author Claudia Kolker about what she calls the immigrant advantage. I began to ask foreignborn people what i call the questi
Captioning sponsored by Macneil Lehrer productions brown congress stepped back from the brink of financial turmoil, at least for now, after the house passed a tax plan late last night and sent it to president obama. Good evening, im jeffrey brown. Woodruff and im judy woodruff. On the newshour tonight, we look at how the vote came about and sort through some of the political consequences as a result of wts in the bill and whats not. Brown then, new killings in pakistan, we look at the uptick in violence against aid workers and women teachers with Washington Post Foreign Affairs reporter pam constable. Woodruff paul solman takes us inside a company that turns a profit by employing an unusual workforce. A massachusetts Manufacturing Firm founded in 1932 where the median age is 74 and Rosa Finnegan over there, is 100. Brown and ray suarez talks with journalist and author Claudia Kolker about what she calls the immigrant advantage. I began to ask foreignborn people what i call the question
Welcome to world news america. Financial markets around the world have a good start to the new year after american politicians come up with a last minute deal to avoid falling back into recession. The tortures nature of the political negotiations suggest washington is going to struggle over future economic decisions. Todays excitement might be shortlived. Smiles of relief on wall street today as the New York Stock Exchange reopens. Relief as a lastminute deal averted a looming economic crisis. Markets around the world were cheered by the news. In asia, shares jumped and the pattern was repeated across europe. This was the moment of truth late last night, the first and new years day vote in Congress Since the korean war 60 years ago. A vote on a compromise agreement that Neither Party loves. Virtually no 1 believes that what we have before us tonight is a longterm solution. It reminds me of the jokes were used to have, where someone stops hitting you in the head with a hammer and youre