And with utter disdain for the people whose lives they want to run. Good stuff. Thats a blast right at the elites. Thats the president s theme for 2020. They dont care about you but i do. In the last 24 hours, the president s campaign brought in a record 24. 8 million, almost entirely from small donations. In new york city, joe biden raised 20 million entirely from the elites. I think its time we got to the fed, shall we . Five hours from now the Interest Rate decision and more importantly, the outlook for rate cuts later this year. That arrives at 2 00 p. M. Eastern. We will also see if chairman powell responds to the intense pressure for a rate cut that hes getting from the president. A flat market in advance of that. The Interest Rate news from around the world this morning is grim. Not here, no, over there. In four European Countries and japan, things are so bad that when you buy a Government Bond, you dont get any interest. In fact, they keep some of your money. No wonder the mone
President of the United States could have cheated. Paradise, that is, he exaggerated his wealth in financial statements, in order to increase the loans that were given to him, tell me, does this Court Decision somehow affect the further political career of trump . I think it affects directly certain political sentiments that will be, shall we say, quite possibly polarizing, yes in the United States election race. America. On the one hand, so to speak, trump s electorate is mobilized in some way, and on the other hand, such a decision partly affects precisely those voters who may not have decided yet, that is, they are watching everything, but they have not yet decided exactly who to vote for , so as far as i know, according to the legal field, trump can continue to run, yes, a candidate for the president ial seat, but on the other hand, it really can partially correlate with the electoral sentiment, now it will be interesting to trace how this will be used by trumps team and bidens tea
Than 450,000 in income. Itemized deductions would be limited for individuals making more than 250,000 and couples making more than 300,000. The estate tax would rise to 40 . Emergency Unemployment Benefits would be extended for another year. The alternative minimum tax would be adjusted for inflation permanently. And, in an effort to boost the economy, Small Businesses would be eligible for another year of bonus depreciation when they buy equipment. The big hang up is what to do about the sequester 110 billion in automatic spending cuts in defense and domestic programs that begin at midnight. Democrats want to postpone the cuts for a year or more. Republicans for just a few months. I think there are some republicans who believe there is no other trigger that will force another full scale debate on spending. The president says taxincrea. Cutting spenting next year. Iif they think that is thefos thing they have another think coming. That is not how its going to work. We have to do this i
Than 450,000 in income. Itemized deductions would be limited for individuals making more than 250,000 and couples making more than 300,000. The estate tax would rise to 40 . Emergency Unemployment Benefits would be extended for another year. The alternative minimum tax would be adjusted for inflation permanently. And, in an effort to boost the economy, Small Businesses would be eligible for another year of bonus depreciation when they buy equipment. The big hang up is what to do about the sequester 110 billion in automatic spending cuts in defense and domestic programs that begin at midnight. Democrats want to postpone the cuts for a year or more. Republicans for just a few months. I think there are some republicans who believe there is no other trigger that will force another full scale debate on spending. The president says taxincrea. Cutting spenting next year. Iif they think that is thefos thing they have another think coming. That is not how its going to work. We have to do this i
Captioning sponsored by wpbt this is n. B. R. Susie good evening everyone, and happy new year. Im susie gharib. With just hours to go a deal emerges to avert the fiscal cliff, but can Congress Pass the measure in time . President obama says they can, weve got the latest from washington, on what could happen before the new years day deadline. And wall street ends the year with a rally and healthy gains. S p strategist sam stovall joins us with where he sees stocks headed in 2013. That and more tonight on n. B. R. washington lawmakers are getting close to a fiscal cliff deal, but they might not get it done before the midnight deadline tonight. The senate could vote in time, but its possible the house will wait until tuesday. That means the u. S. Could go over the fiscal cliff. On wall street today, investors bought up stocks on high hopes of deal, after president obama said this afternoon a deal is in sight, and positive comments from Republican Leaders in the senate. Heres how the major