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CNNW Your Money December 25, 2011

are we possibly headed into further stagnation? well, you know, the political strategist side of things i ve never had to look so much at politics to figure out where the economy was going. i tell you, it s like watching the keystone cops. it s gotten ridiculous. going forward we do have momentum carrying us into 2012. that s the good news. we hope we don t lose it because of political ineptitude. that s what would kill it. we have a lot of icebergs ahead. we hope politicians are better at navigating turbulent water than the captain of the titanic. that said, where are the positives? the positives are there is a glimmer of hope in the labor market. looks like the situation bottomed out after things fell apart last spring and the summer. we re seeing momentum return to job hiring. not enough momentum, but some is better than none. particularly small business hiring, new business burst, that s very important to the back bone of the u.s. economy and where we re looking f ....

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CNNW CNN Newsroom December 23, 2011

kyra? but in the next half an hour, we should see the senate come into session and this deal could pass within maybe one or two minutes. it could be that short as both the senate and the house are expected to pass this legislation. this payroll tax extension deal using a procedural move that basically allows them to pass legislation without having to call all of the members back into town. so, according to both democratic and republican leadership aides on the senate side, they do expect that things are moving towards a passage on the senate side and then, of course, all eyes turn to the house where the house expected to follow up with a vote and at the top of the next hour and, according to a house republican leadership aide, leaders do expect that this bill will go through, which means that both the house and senate both chambers of congress will have passed this two-month exteng, but, again, we caution with this procedure it only requires one member to stand up in th ....

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CNNW John King USA December 23, 2011

keep your taxes from going up on january 1st. the president also made a point of thanking voters for telling congressional republicans to block the payroll tax cut extension. you reminded people in this town what our debates and all of our debates should be about. it s about you, it s about your lives. it s about your families. jessica yellin was right there when the president said aloha and walked out of the briefing room is few hours ago. the president won this fight. the question is, how much of it carries over to the reelection year and the reelection campaign? reporter: it carries over, john. i ll tell you why because first of all this wasn t just a short-term victory over what he likes to call a dysfunctional congress, in this case, house republicans. but this also gave him a chance to act out the role he wants to play during the campaign. and that is champion of working americans. there s not just the sound you played of the president but you also heard him ....

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CNNW Anderson Cooper 360 December 23, 2011

divide between house hard liners and the gop establishment and by yesterday leading republican voices were openly calling on house speaker john boehner to back down, to agree to a two-month extension or risk ruining the brand. and tonight looking grim, he did just that. there s always a right thing to do and while everyone asked for a full year extension of these programs, a lot of people weren t willing to put the effort in as the holidays were approaching to get it done. our members were. so i m proud of the efforts that they put into this. dana bash is going to join us shortly to explain the mechanics of the deal, the specifics. president obama was quick to praise the outcome. this is the real money that will make a real difference this people s lives and i want to thank every american to remind folk in this town what this debate was all about. and to give an idea of the intense pressure that lawmakers were feeling, take a look at these two entries from rick craw ....

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CNNW Erin Burnett OutFront December 21, 2011

i m erin burnett and outfront tonight, rejection and dysfunction. the house today rejecting the senate s plan to extend the payroll tax cut. now, that means that your taxes are going to go up somewhere between $700 and $2,300 next year unless, ooh, the big unless an all new congressional committee and it is an all new committee comes to the agreement by the year s end. president obama s approval ratings are up as congress falls on this, and he seized the moment today. but now, even though republicans and democrats in the senate were willing to compromise for the good of the country, a faction of republicans in the house are refusing to even vote on the senate bill. a bill that cuts taxes for 160 million americans. and because of their refusal to cooperate, all of those americans could face a tax hike in just 11 days. and millions of americans who are out there looking for work could find their unemployment insurance expired. and just for good measure the white hou ....

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