Good evening. Im wolf blitzer in washington with alli velshi in new york. Were following breaking news. A democratic source tells Jessica Yellin at the white house there is apparently a fiscal cliff deal that is in the works right now. Were also told that the Vice President , joe biden, is heading to capitol hill. Ali, this could be a dramatic moment that were watching right now. We were told joe biden would only go over when it looked like there was a deal. Not only to shore up support for the deal in general with the republicans with whom he has a good relationship, but with democrats, we have heard all day today there have been some democrats dissatisfied by how far they have had to go to get that deal. If you want to read tea leaves, it looks better than it looked a couple hours ago. It looks like biden is going to be at this meeting with the Democratic Caucus. The Democratic Senators, thats supposed to start in 15 minute. Hell brief them on whats going on. He has some problems, th
Stopped the landing, because a lot of this was due to reckless lending. And of course, not only do you have banks sitting on the sidelines, but of course any company that has cash sitting on the sidelines, it is a turbulent economy, and it would be reckless to do anything because you do not know what is going to happen, and the same applies for the lack of clarity on taxes for the next year. It is the wise thing to do, to sit on cash and conserve it because you do not know what your tax bill is going to be, you do not know how much longer your economy is going to be in disastrous shape. Host the hill is reporting this with house gop setting a 1 00 p. M. Conference meeting. We are learning that house gop rankandfile will gather for a conference meeting. Boy, would you like to the inside of that conference meeting. Guest indeed, but my hunch is it will not be a raucous affair. I would assume Speaker Boehner would have a handsoff approach, and say, guys, i did my best, this came down the
Hi, everyone, happy new year. Im diane macedo joining you live from fox business headquarters in new york. Were following the breaking news in washington. Were waiting for the house of representatives to vote on a fiscal cliff deal that the Senate Passed early this morning. They have been in a Conference Meeting a little less than an hour. Speaker boehner, majority leader eric cantor walking into that meeting. Still waiting to hear how it is going. Even before the meeting was called, cantor and other Top Republicans were saying they wont support the bill. The fate here is really uncertain. Rich edson is live on capitol hill keeping track of this for us. Rich, is there any word what specifically theyre discussing in this meeting and whether or not theyre making any progress . Well, diane, the point here is whether or not to amend this bill, to change this bill or bring this bill, the proposal that passed the senate last evening up to the house floor to a vote. This is a decision that Ho
[applause] live now to the floor of the u. S. Senate, lawmakers gaveling in for the day for an hour of general speeches and then more debate on extending longterm Unemployment Benefits this is live coverage of the senate. [ help them to draw near to you with true hearts and the full assurance. That their times are in your hands, thank you for the liberties you have given america. Help us to remember that eternal vigilance is the price for freedom. We pray in your merciful name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Reid mr. President . The president pro tempore the majority leader. Mr. Reid i move to proceed to calendar number 250. The president pro tempore respect mr. Reid . The clerk a bill to provide for increase in the federal minimum wage and so fo
Vote the presiding officer is there any senator wishing to vote or wishing to change their vote . If not, the yeas are 62 and the nays are 35, and the motion is agreed to. The clerk will report the nomination. The clerk John Joseph Tuchi of arizona to be United States district judge for the district of arizona. The presiding officer under the previous order, there will be two minutes of debate prior to the vote to invoke cloture on the humetewa nomination. [inaudible] the presiding officer without objection, all time is yielded back. The clerk will report the motion to invoke cloture. The clerk cloture motion. We, the undersigned senators, in accordance with the provisions of rule 22 of the standing rules of the senate, hereby move to bring to a close the debate on the nomination of diane j. Humetewa of arizona to be United States district judge for the district of arizona. Signed by 17 senators. The presiding officer by unanimous consent, the mandatory quorum call has been waived. The