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BLOOMBERG Lunch Money December 9, 2013

On capital hill. Patty murray trying to come up with some sort of budget deal. The deadline set after the 16 day shutdown is this friday. After that, Congress Goes on vacation and does not come back until 2014. Negotiations are moving in the right direction. To i am hopeful will be able come together. The likelihood is still in the 50 range. I would like to give you a more definitive answer. That is the way it goes. Always right up to the deadline. Are nearing a smaller deal that would replace the sequester cuts over the next two years. We are going to replace these with other sources of revenue. Taxes. R you heard that right. To tackle the major longterm issues. They want to trim automatic spending cuts. Back on the self imposed budget cuts that were meant to force washington to get tough on spending. That is the mo. Republicans have been expecting he would come through. Give the lowest grade to republicans to ryan. He is proving ....

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BLOOMBERG Lunch Money December 10, 2013

Lets talk politics. It was a cozy, intimate weekend on capital hill. Patty murray trying to come up with some sort of budget deal. The deadline set after the 16 day shutdown is this friday. After that, Congress Goes on vacation and does not come back until 2014. Stand . Do we negotiations are moving in the right direction. But i am hopeful will be able to come together. The likelihood is still in the 50 range. I would like to give you a more definitive answer. That is the way it goes. Always right up to the deadline. The two sides are nearing a smaller deal that would replace the sequester cuts over the next two years. We are going to replace these with other sources of revenue. No major taxes. Kicking the can down the road. You heard that right. No push to tackle the major longterm issues. They want to trim automatic spending cuts. That is the sequestration. We are going back on the self imposed budget cuts that were meant to forc ....

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