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CNBC Power Lunch July 31, 2012



effect at the end of the year, expiration of bush tax cuts, all that remains on the table. republicans and democrats at least agreed they won t have brinks man ship and showdown over shutting down the government the rest of this year, 2220of 2013. we expect the leadership to announce this is about an hour. this is a minimum amount of good news for americans who might be concerned for a disruption of government services. we ll take a little good news. another story grabbing our attention today is india, the second most populous country in the world. it is in the dark. more than 26 million people, twice as many people that live in the united states have no power for a second day after the grid suffered a massive failure. india s power minister blames local governments taking more than their allotment of electricity. because of the outage, minor em social security aminers are stuck underground. having been in india, this seems to be an example of an infrastructure hold ....

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