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You are looking live at the u. S. Capital where the impasse over taxes is finally over. The house voted at 11 00 p. M. Washington time and approved a deal averting the dreaded fiscal cliff. Good evening everyone im frank somerville. And im julie haener. The fiscal cliff is now a done deal. The president spoke 20 minutes later. A central premise of my campaign for president was to change the tax code that was too skewed toward the wealthy at the expense of working middle class americans. Tonight weve done that. Reporter and tonight taxes on the wealthiest americans are going up. But in the end, neither democrats nor republicans got all of what they wanted. Ktvus Jana Katsuyama here now to show us how the compromise finally emerged. Frank, the house finished voting on the fiscal cliff agreement just about two hours ago and has passed the Senate Version without any changes. Let ....
Tara, good morning to you. Good morning, terrell. The standoff over the fiscal cliff is finally over. Many House Republicans and even some democrats did not like this bill, but enough ultimately relented. After months of debating and back room deals, congress has passed a bill which will pull the country back from the fiscal cliff. On this vote the yays are 257. The nays are 167. The bill extends the bushera tax rates for individuals earning 400,000 per year and couples 450,000. It also delays acrosstheboard spends cuts. Id like to speak for this bill but i cant. 151 voted against the bill because it doesnt address spending. What were really doing is raising taxes to give the president more money to spend. President obama has promised to work with congress to find more spending cuts in the future, but he urged them not to play politics with the nations debt limit. I will not have another debate with this congress over whether o ....
The germany dakotas is up 2 . This, of course, follows big gains that we saw on monday, the last trading day of 2012. Still another story for the markets in asia that were open. But see markets continue to be closed in tokyo where shares dont begin trading again until thursday. In china, the shanghai was also closed. In new zealand, that market is closed. You can see the hang seng was up by 2. 9 almost. Bombay and australia also trading higher. At this point, we are beginning to see the u. S. Equity futures, as well. Lets look, and youll see the dow future up by 148 points. No surprise after what we saw around the globe with some market already trading higher. But most markets seeing this as a relief that something got passed, that you are not going to see much higher taxes kicking in on americans making less than 400,000. You will not see the immediate spending impacts. What the markets think longer term is still in question. Again, the dow futures which just began trading are up by 1 ....
Too skewed toward the wealthy at the expense of working middle class americans. Tonight weve done that. Reporter and tonight taxes on the wealthiest americans are going up. But in the end, neither democrats nor republicans got all of what they wanted. Ktvus Jana Katsuyama here now to show us how the compromise finally emerged. Frank, the house finished voting on the fiscal cliff agreement just about two hours ago and has passed the Senate Version without any changes. Let me show you the numbers, 257 yes votes and 167 no votes. After what turned out to be a bitter battle. The motion is adopted without objection. Reporter the vote came after a day of high drama and political power plays. Pressure was on the republican controlled house to pass the bill or chance bearing the blame for tax cuts and spending cuts that could send the nation back into a special session. In a vote of ....
Would have been an outstanding member of the secondary was dismissed. But the penalties may not be until after 2013 signing day. Al golden is not involved in anything involving what is going on here with illegal payments to players. In fact, he didnt know about it when he took the job and then the scandal hit. Well have to see what kind of penalties they hand out. End zone, deflected. And that was gunter. Ladarius gunter out of montgomery, alabama, redshirt sophomore hes played very well. Kirk but e. J. Manuel what are you thinking . You got a safety back there and float the ball up in the air . This is the thing that drives Florida State fans crazy. Deon bush is back there, almost had to call a fair catch that time waiting for an interest every sep interception. Brent long field goal. A 48yarder. Looks good. 2613. Closing in, up by 13. Brent aerial coverage provided by goodyear. Inspi inspiring, goodyear more driven. So there you ....