do you have the votes for speaker locked in tomorrow? i think we ll have a good day tomorrow. what are your conversations like with i hope you all have a very nice new year s eve. taking the shine off the republicans big day, new york republican congressman-elect george santos will likely be among the new lawmakers sworn in despite to admitting to a growing number of lies about his life and resume. we will dig deep near that and the multiple investigations into santos and his campaign. the latest on donald trump s taxes. what he paid and where that money went. we have details on the dozens of countries where he was making money and paying taxes. including china, india, and the uae we re going to start with the house republicans, taking control of the house officially tomorrow. but right now, what should be a triumphant moment is perilously close to turning into a political disaster. the likes of which we haven t seen in 100 years. that s because kevin mccarthy,
spending cuts in ten years. reid would hike the debt by $2.7 trillion now and mandate an equal amount of cuts. but the congressional budget office says the boehner plan would trim spending by $850 billion, and the reid plan by $2.2 trillion. boehner went back to the board and postponed the vote that was supposed to happen today. reid s plan can t pass the house, and not only is boehner s plan doomed in the senate, a great many house republicans don t like it either. so what happens now? well, time marches on. a never-before-seen default on u.s. debt and obligations could be just six days away, but potentially just as bad would be a downgrade of debt, and a downgrade that would say we are not reliable as we used to be. that could up the cost for borrowing for all of us. here is richard quest on cnn international, and the smart money still says default will be averted, but downgrade, is it inevitable, are foreign investors alarmed? no, it s not inevitable. nothing is inevitab