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chats. the house speaker continue. reporter: thank you. john boehner came out and said that house republicans, they oppose the two-month extension over the weekend because it doesn t provide the certainly that americans need, the kind of stimulate the economy in the way that the payroll tax extension they would hope would do. so he made it very clear that they are not ready to budge from their decision. he says they have acted and now it s time for the president and senate democrats to do the same. i think we have a sound bite from speaker boehner. now it s up to the president to show real leadership. he said that he won t leave town for the holidays until this bill is done. and the next step is clear. i think president obama needs to call on senate democrats to go back into session, move to go to conference, and to sit down and resolve this bill as quickly as possible. reporter: in the absolute immediate term, we know that the senators are not here right now ....
ripples of relief spread from europe across the world market. a deal has been reached to tackle the e.u. financial crisis. european leaders have agreed to expand the e.u. bailout fund while private sectors will take a 50% loss on greek bonds. the european agreement translated into a huge day for u.s. stocks. let s go to alison kosik at the new york stock exchange. the closing bell just rang. how did stocks finish? we don t know the final number, but we know it s very positive. it is. the numbers are settling. we re seeing the dow up 340 points. the nasdaq s&p up more than 300%. the bulls busted out of the opening bell and never looked back. this is what investors have been waiting for. these debt problems plaguing greece. and besides plugging greece s debt hole, this plans to safeguard against future shocks. it s a step forwards in instilling stability in the marketplace. being there is such a powerful positive reaction, do investors see this as a done deal? is this ....
but just in right now, new poll numbers painting a very telling picture of the race for the republican presidential nomination. we can now report that mitt romney is the candidate to beat in at least two of the crucial first four voting contests of the 2012 election with herman cain a sometimes close, sometimes distant second. our new cnn time orc poll of republican voters just released shows romney on top in iowa s january 3rd caucuses, leading herman cain by three points, but that s well within the sampling error of plus or mines. in new hampshire, romney has a lead over cain. in south carolina, a two-point edge for romney, again, within the margin of error. in florida, it s romney 30% to cain s 18%. before the polls came out, romney made it clear he s setting his sights very high. i think the greatest threat to my success would be president obama and i m planning on beating him soon. let s talk about these new poll numbers with our chief political correspondent ....
i m wolf blitzer. you re in the situation room. captions by vitac www.vitac.com he s plunging in the polls and in need of a boost. will a new plan help rick perry climb back to the top of the republican race? his rival, herman cain, is leading the pack according to a brand new poll and perry is a distant fifth with cain apparently benefitting from his 9-9-9 tax plan, perry today unveiled his own new tax plan and 20 is the magic number. he proposes a flat tax of 20% for individuals and corporations, but in a twist, perry would let people choose to pay his flat tax rate or file under the current system, which he derived. the size of the current code is more than 72,000 pages. that s represented by this palate right over here and the reams of paper. that s what the current tax code looks like. the best representation of my plan is this postcard. this is is size of what we re talking about right here. taxpayers will be able to fill this out and file their taxes on ....