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Transcripts For CNNW Your Money 20120722



the scorched earth partisan politics in washington could push america over a fiscal cliff and quite possibly into a recession if congress doesn t act. economists now say that the so-called fiscal cliff has now overtaken europe as the biggest threat to the u.s. economy. in other words, our home-grown storm has a bigger chance of causing a hurricane here than the actual hurricane that s blowing our way from europe. i ve been berating congress on this show to pass legislation now to head off a series of tax increases and spending cuts mandated to take effect on january 1st. because congress couldn t come up with a better deal to raise the nation s debt limit last year. i am not alone in my calls. the federal reserve chairman and the international monetary fund are warning congress to act before it s too late. if you get hit by another recession, you ll join me in pointing my finger directly at the political partisanship that sr. has poisoned your path to economic stability ....

Fiscal Cliff , The Hard Way , Economy , United States , Congress Couldn T , Tax Increases , January 1st , International Monetary Fund , Federal Reserve Chairman , Gas Prices , Housing Prices , 12 6 Million , Christine Romans , Bottom Line , Alternative Minimum Tax , Bush Tax Cuts , On January 1st , Washington Post , Doctor Pay , Bipartisan Policy Center , 1 Trillion , A Million , 1 7 , 02 5 , Congressional Budget Office , 1 3 ,

Transcripts For CNNW Your Money 20120721



politics in washington could push america over a fiscal cliff and quite possibly into a recession if congress doesn t act. economists now say that the so-called fiscal cliff has now overtaken europe as the biggest threat to the u.s. economy. in other words, our homegrown storm has a bigger chance of causing a hurricane here than the actual hurricane that s blowing our way from europe. now i ve been bee rat berating on this show to head off a series of tax increases and spending cuts mandated to take effect on january 1st. congress couldn t come up with a better deal to raise the nation s debt limit last year. i am not alone in my calls. the federal reserve chairman and the international monetary fund are warning congress to act before it s too late. if you get hit by another recession, you ll join me in pointing my finger directly at the political partisanship that is poisoned your path to economic stability and prosperity. now if i were a politician, i would not want t ....

U S , Scorched Earth , Fiscal Cliff , Push America , Congress Doesn T Act , The Hard Way , Economy , Bee Rat Berating , Tax Increases , Federal Reserve Chairman , Congress Couldn T , January 1st , International Monetary Fund , Housing Prices , Gas Prices , 12 6 Million , Christine Romans , Washington Post , Tax Cuts , Bush Tax Cuts , On January 1st , Doctor Pay , 1 Trillion , Bipartisan Policy Center , Nondefense Departments , A Million ,