intervention there would have huge civilian casualties. shepard: thank you from the department of state this afternoon. the white house is help introducing a new tax plan that the president says will help spur job creation. our treasury secretary geithner outlined the details today, and they include lowering the corporate tax rate to 28 percent. in turn, dozens of corporate loopholes and subsidies come to an end, and companies that take operations overseas would have to pay a minimum tax on their foreign earnings. secretary geithner acknowledged the proposal changes will face political problems. who benefits here, and who pays more, rich? reporter: like the current tax system, there are going to be those who pay more, those who pay less. manufacturers are the big win if it goes into law. the manufacturing tax rate, the effective top tax rate of 25 percent increases clean energy
rate has fallen to 8.6%. that s the lowest rate in nearly three years. christine romans back with us in new york now. so, christine, what a marked improvement. 120,000 jobs added in november, where are we seeing the most growth here? we had the last two months here res have hire, as well. many more jobs created in september and october than we thought. the growth we re seeing is in the retail industry, no surprise there. 50,000 jobs created in the retail industry and half of those were in clothing stores and also in apparel, you know, accessory stores. you also saw leisure and hospitality. that means hotels, restaurants, too, food and drinking places. anything that has to do with people starting to get out and spend money there. you saw them adding workers in those places. also, professional and business services. 27,000 jobs created there and in health care and education, we saw about 20,000 jobs created. so, retail, food and drink, professional, medical system, medical pl
many are looking at the gop presidential candidates with a fresh eye. did rick perry do anything to damage his status as the frons runner? i ll ask newt gingrich about his performance as well. stand by. he s joining us live. plus, a brazen taliban attack on the united states embassy in afghanistan. some insurgents may still be on the loose now. we have new pictures and information coming from kabul and some top california politicians are trying to figure out what, if anything, is left of their stolen campaign war chest. a well-known democratic campaign treasurer stands accused of swindling more than a million dollars in campaign donations. i m wolf blitzer. you re in the situation room. rick perry may have walked away from his second presidential debate feeling battered and bruised. the tea party face off proved to be a very tough test for the texas governor. less than 24 hours after the republican candidate stood on stage with me in tampa, reviews still are coming in about
but america s economy is always going to rely on outstanding manufacturing. where we make stuff. where we re not just buying stuff overseas, but we re making stuff here, and we re selling it to somebody else. that s what allison s all about. this is also where a clean energy economy is being built. this is the kind of company that will make sure that america remains the most prosperous nation in the world. see, other countries understand this. we re in a competition all around the world. and other countries, germany, china, south korea, they know that clean energy technology is what is going to help spur job creation and economic growth for years to come. and that s why we ve got to make sure that we win that competition. i don t want the new breakthrough technologies and
right now. hammer comes down hard on home construction. there s new numbers out that show 2010 as the second worst year. builders breaking ground on just more than 587,000 homes. that s up just a wee bit from 2009, which was the worst year on record. in a healthy economy, there s about 1 million new homes a year. all right. where are the jobs? where is the money? that s is the rally call of some 200 union construction workers who burst into a meeting of the mortgage bankers association of america today in d.c. the wall street journal reporting the protest was aimed primarily at the pulte group. unions have been pressing congress to assess how they spent about $900 million in government tax breaks meant to help spur job creation and avoid layoffs. and american express is closing a service center in greensboro, north carolina that