Live Breaking News & Updates on Indistinct Talking On Radio
Stay updated with breaking news from Indistinct talking on radio. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 ....
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 ....
let s begin with the latest in the political plate underway in iowa. right now, dramatic, huge developments unfolding. looks like a three-man race if you believe some of these cent polls. newt gingrich, mitt romney and ron paul all basically within a margin. we re watching all this unfold. jim akcosta is standing by. he s on the scene for us. gloria borker is joining us. newt gingrich, he s trying to project the positive image he is above the fray, but is he making a mistake by not through all these attacks from mitt romney, ron paul and these other republican presidential candidates? you know, wolf, i think he s able to have it all ways. it s a smart strategy. don t forget, gingrich came into politics and was known as the bombastic speaker of the house when he was the one in charge of those house republicans and one republican control of the house by waging a relentlessly negative campaign against democrats. so now, he s able to play against type. that really works ....
stands to pay $1,000 more in taxes in 2012. there seems to be bipartisan support for extending it but as usual, no agreement on how to pay for it. candy crowley is cnn s chief political correspondent and anchor of state of the union. political theater aside, you think congress will eventually get this done? i absolutely think congress will eventually get this done. particularly because we have seen republicans now saying we even the senate republican leader mitch mcconnell said even if you don t believe that this actually helps the economy, it certainly will help the people that get the break from their payroll taxes. this is just not you don t want to go home at christmas and having raised everybody s taxes. especially when it is your point of view that you are never going to raise taxes on anyone for any reason. that s a little hard to square that. also with us this morning, former new york times columnist, distinguished senior fellow. stephen moore, editori ....
with president obama and the first family, but he s with me this hour to explain more. i m wolf blitzer. you re in the situation room. he s come on through the rise and fall of michele bachmann, but this time, it might be different for mitt romney. newt gingrich is now posing a threat to romney s persistent high polling, opening up a new battle line in the republican race for the white house. joe johns the working the story for us. what s the latest between romney and gingrich? well, mitt romney has spent most of this campaign in a fairly comfortable position, but his organization is feeling the heat and the question now is how they re planning to row respond. newt gingrich at the head of the pack a month out from the iowa caucuses. a thing nobody planned for except newt gingrich. a new poll in the early primary state of florida showing 50% of likely republican voters saying gingrich is their pick for president. only 19% picked romney, who spent much of the campai ....