Hey, everyone, i am tracy byrnes in for gerri willis. The only have 2 days separate in the u. S. For more than 500 billion in x hikes. While both sides say the lines of communicationre open. Getting a deal to avert the fiscalliff, president made it ry clear he is holding the line on hiking taxes on the top 2 of earners. Customizing a little bit with republicans. Ining us, ter barnes. What exactly ihe willing to compromise on . On the big item, the big kahuna. Increasingaxes on families earning more than 2,000 per year story leaving the door open to a compromise on higher tax rates, higher rates. When anas repea ask repeatedly s demanding thtop tes return to the Clinton Administration in and the top rate was 39. 6, he does not say yes, have to have that to get a deal. But hes not backing f his demandrates up by some amount of wealthier falies so the buzz is he might settle or comprose forometng in between like 37 . There is speculation the prident might compromisen the cut off my degrea
National captioning institute www. Ncap. Org Business News from the capital region. This is washington Business Report with abc 7 National Correspondent rebecca cooper. Happy new year. Thanks for joining us for a look at business and finance in the washington region. Rebecca cooper is off today. I am kris van cleave. Booz Allen Hamilton holding rang the bell to open the bell for 2014. A yearlong celebration will honor the countrys 100 year anniversary. Economists say there are hopeful economic signs for 2014. Instruction and manufacturing numbers are taking up, raisin expectations of accelerated growth in the economy. We will talk about that later in the program. First, a new businesess in the district that fits nicelyith the beginning of the year. Everyone is talking about getting into shape. Atee d. C. Opened its doors lalast year. Indoor cycling classes for residents. All over the city, if y want to come out. Joining us tayre the founders of ride d. C. , allison shuffield, rachel go
Reporter heather, its pitch black out here, a twolane road with no room for error. And the rise of the road means that you may not see what is coming until its on top of you. On this windswept two lane road balloons mark the spot where two lives ended and loved ones have left sorrow physical megs about a mom named lorena and a little girl named khloe. We heard the sirens, but had no all right idea. Ithe iwatas cross the same stretch and its risks are well known. Narrow, no shoulder, no dilfer. Worse thing really at night, there are no lights. There are no overhead lights so its a very dark road. Its a treacherous road to be on. It proved treacherous when an suv and sedan collided head on. Five people were injured and three had to be extricate and one woman driving dined at scene of the accident. Rescuers try without success to revive her little girl. The area is a freeforall right now. They expect money to be spent once the city and military settle on a redevelopment plan for the weapo
Of families. Residents of one californian town not willing to give up their homes without a fight. And how a photographers vision may help to protect the florida everglades. Good to have you with us. First, a developing story out of arizona, and the humanitarian crisis. Hundreds of immigrant children are living on their own in a shelter. Brought there by the u. S. Border patrol after crossing the Mexican Border into texas. Morgan radford has more. Reporter more than 700 unaccompanied minors are being sheltered in a homeless shelter in arizona. Homeland security is scrambling to bring in mattresses, even portable showers. If you compare the number from last year to this year, at the end of this year well maybe have tripple that we have in the last year. Reporter its part of a surge of children crossing from mexico. The influx of 48,000 travelling on their own overwhelmed the bodder patrol. Last month the department of Homeland Security sent immigrants from texas to arizona. The gor is o
And theybitter battle are making an appeal to authors. Lettinge proposed authors keeping a 100 of revenue from ebook sales. The idea is the lack of revenue would force both parties to get a deal done. Is amazonit responded with his own statement saying i spoke with Bloomberg Industries director paul sweeney to ron josey and i asked ron set the stage for us. It is one of a multiple partners at amazon and each partner is on a multiyear deal and it was up later. Here we are, and there is a bitter dispute. From my perspective, it is more amazon, i believe by taking a greater share of the dollars. Probably pricing ebooks. I look at amazon as focus on what consumers can do and machette is probably looking to protect interest. Paulth you at goal that, echo that, paul . Always been a low price. Clearly, amazon is under pressure. Especially the past couple of quarters and probably more pressure to look at is margins or lack there of. Focused amazon has been on growth and not necessarily profit