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CNNW CNN Newsroom December 16, 2011



so they have averted a government shutdown. the house voted this after into on the megamuss, as they call it around here the massive spending bill to fund the government through the end of september. so, this has been negotiated for months now. and congressional leaders came to an agreement late yesterday evening finalizing this massive spending bill, the house voted on it today so a government shutdown has been averted. the senate is expected, they could still vote on it ostensibly, vote on it today, most likely, the senate will be in working tomorrow and vote on it tomorrow. the big overwhat really kind of started this whole standoff and brinksmanship up here, the latest round of brinksmanship is where do things stand on ex-standing the payroll tax cut? short answer, brooke, still negotiating, still talking, with he don t have the details of when we could be hearing an answer if they are going to be able to beat the deadline of the end of the year or not, but we know ....

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Detailed text transcripts for TV channel - FOXNEWS - 20111129:03:14:00

he came under fire for his oversight of fannie mae and freddie mac. one of his most memorable media moments was a fiery exchange with, who else, bill o reilly in october of 08. the earliest chance i got to put tough regulation to tan may and freddie mac, we did it. but you went out in july and said everything is great and off that a lot of people bought stock and lost everything they had. oh, no. oh, yes. it wasn t a good investment. don t give me that, we just heard the words. you didn t say that? do you want me to play it again for you? you didn t listen to it. no, i listen to every word you said. no. and i have the tran cite here. i said it wasn t a good investment. and you said going forward we will be swell. look, from august i didn t say swell. stop the bs here. stop the crap. from august of 07 to august of 08 under your tutelage, this industry declined the 0%. ....

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