Page 2 - Back Plan News Today

Slashing corporate taxes. >> i think its going to be a tremendous thing for our country. >> and house speaker paul ryan went to a harley plant in wisconsin. >> tax reform can put harley davidson on a platform and keep jobs here in america. >> a nearly $700 million spok buy back plan, but the buy back authorization and a separate decision to open a facility in thailand are unrelated and called the closing of the plant a tough decision. it was based on our need to address the excess capacity we ha...

Xfinity. the future of awesome. welcome back. lets turn to business. apple reported strong revenue gains in their fiscal report tuesday, surprising wall street and easing investor fears about iphone sales. now the company is flexing financial muscle, record breaking stock buy back plan, around a billion dollars.

Is whether or not harry reid is going to do that counteroffer or if that comes from joe biden. in fact, just a few minutes ago, reid was asked how things were going. he said ask mr. mcconnell and joe biden. so theres an indication of how things are going. >> you wrote that democrats are hesitant to put a deal on the senate floor with no republican backing, because it just offers them a chance to score political points when public opinion does seem to be favoring the democrats. democrats dont hav...

>> doug: i am doug mckelway in for bret baier on "special report." president obama is going to address the nation. the question is whether the talks pushed them apart or got them closer to a deal with three days away from fiscal cliff. ed henry standing by in the briefing room. what are you hearing? >> senior white house official says the president told the republican leaders he wants up or down vote on the scaled back plan. he said that then the senate leaders jumped in and said they think they...

Leaders head to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline were told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporte...

He believes a comprehensive deal could be reached but he seems to be acknowledging for scaled back plan for cutting taxes on the middle-class. >> even though democrats and republicans are arguing about whether those rates should go up for the wealthiest individuals, all of us, every single one of us agree that tax rates shouldnt go up for the other 98% of americans which includes 97% of small business. >> reporter: president said the middle-class tax cuts achievable in the next ten days and he w...

Problem connecting here. you are listening and you got the sense he was waiting for me to finish so they could say something back is. >> look. we know in our business in government, in anything personal relationships matter. he has got this distance from everyone. and he hasnt been that relationship with his party leaders. harry reid has to go into the oval office with his chief of staff to make a point to the president that on these negotiations, they didnt have a follow back plan. >> president...

allow the president to raise a debt ceiling and avert crisis. a vote on that could happen this week. the fallback plan would likely pass the democrat-controlled senate but face a bigger challenge in the house where republicans hold the majority. lets get the latest with brianna keilar. are we any closer to a deal? >> on a deficit reduction plan, kyra, it doesnt appear so. no announced meetings between the white house and congressional leaders over the weekend, there were staff-level me...