. o . Oo . Onn . O . Woo . O . O . O . Oo good morning. On newsmakers this morning, we have catherine rodgers. I found it encouraging that the president was speaking with Speaker Boehner and having the talks. There have not been enough good faith negotiations to date. The clock is ticking, and were not that far from december 31, the fiscal cliff. I think it is important that we kind of take a step back and remember what the fiscal cliff is all about. It is when the tax rate across the board, our current tax code expires. If congress does not take action, it would be a 3. 5 trillion tax increase oned American People. It would impact nearly everyone. It would cost us two million jobs, a doubledip recession, and in addition to that, we also have see quest racial sequestration, which is looming. The acrosstheboard cuts would be a million jobs lost in the defense industry. There is a lot on our plate right now, and i think yes . Do you think any progress has been made out of those m
. Othe clock is ticking, and weo not that far from december 31, the fiscal cliff. I think it is important that weo kind of take a step back and remember what the fiscal cliffo is all about. It is when the tax rate across the board, our current tax code expires. If congress does not take action, it would be a 3. 5 trillion tax increase oned American People. It would impact nearly everyone. It would cost us two million jobs, a doubledip recession, and in addition to that, we also have sequestration, which is looming. The acrosstheboard cuts would be a million jobs lost in the defense industry. There is a lot on our plate right now, and i think yes . Do you think any progress has been made out of those meetings . I think the speaker and the president have tried to have a frank discussion but did not disclose any tangible progress made. Do you have any reason to believe there has been progress . I havent heard the details. In what the speaker has told me, he has been disappointed that the