Congress have fixed the mess. What they passed is retroactive, 90 of americans will not see a change in tax rates. They finally got it done. Congress ended the long drama over the fiscal cliff with House Republicans passing the senate bill. I will sign a law that will raise taxes on wealthiest 2 of americans. It could have sent the economy back into a recession. It appeared the bill was headed for defeat. House republicans had not want to raise taxes without significant cuts. There is no spending cuts. Were adding 4 billion a day to the debt. We feel like the senate bill failed miserably. But republicans decided to the to lengthen the fight. What is the alternative . Go out 4 trillion of tax hikes for the american people, market uncertain. The bill shields people earning less than 400,000 a year from tax increases and extends Unemployment Benefits for roughly 2 million people. What it does not do is raise the socalled debt ceiling. In two months the government will reach its limit on b
Effects of the fiscal cliff in the 11th hour last night. The house voted 257167 in favor of the bill to stop the middleclass tax increases and spending cuts to domestic poll ramps. Soon after president obama reacted to the compromise bill. Under this law, more than 98 of americans and 97 of Small Businesses will not see their income taxes go up. Millions of families will have continued to receive tax credits to help raise their kids and send them to college. Companies will continue to receive tax credits for the research they do, the investments they make and the Clean Energy Jobs that they create. And 2 million americans who are out of work but out there looking, pounding the pavement every day, are going to continue to receive Unemployment Benefits as long as theyre actively looking for a job. I am very open to compromise. I agree with democrats and republicans that the aging population and the rising cost of Health Care Makes medicare the biggest contributor to our deficit. I believ
The 11th hour last night. The house voted 257167 in favor of the billo t stop the middleclass tax increases and spending cuts to domestic poll ramps. Soon after president obama reacted to the compromise bill. Under this law, more than 98 of americans and 97 of Small Businesses will not see their income taxes go up. Millions of families will have continued to receive tax credits to help raise their kids and send them to college. Companies will continue to receive tax credits for the research they do, the investments they make and the Clean Energy Jobs that they create. And 2 million americans who are out of work but out there looking, pounding the pavement every day, are going to continue to receive Unemployment Benefits as long as theyre actively looking for a job. I am very open to compromise. I agree with democrats and republicans that the aging population and the rising cost of Health Care Makes medicare the biggest contributor to our deficit. I believe weve got to find ways to refo
Took off. Because he tried to get away he crashed into this car and it cost two lives. Reporter the driver of this black car with shots fired near valencia gardens. As the officers approached the vehicle he sped off. This killed two people. It severely injured when more. This vehicle took off at a high rate of speed. Colliding with that white vehicle through that intersection. It stopped at that liquor store. Reporter the female passenger died immediately and the driver of the other car was rushed to the hospital. All of the victims are in their 20s. They are familiar with the suspect and the Gang Task Force is involved in the investigation. He is responsible for the debt of two people, and the third is a lifethreatening situation. Reporter kron4s Maureen Kelly spoke to the owner of this liquor store who says this was a close call for his employee who was inside at the time of the crash. Reporter here you can see pictures of the victim carsmashing into the front of the liquor storecaug
Which george h. W. Bush was. And by not going partisan, george w. Bush helped remind us just how starved we are for decency in American Public life. And im going to leave you with that picture, get ready to put to rest one of our points of light, one of my points of light, the 41st president. Thanks to nancy, brett, nick, elise. Thats it for this hour. Im any coko nicolle wallace. Mtp daily is next with chuck todd. Good evening, im chuck todd here in new york. And welcome to mtp daily. Moments ago, president george h. W. Bushs remains arrived by train in college station. Next is a Burial Ceremony at the george bush president ial library. We will be keeping an eye on these proceedings as the 41st president is officially laid to
rest in a few minutes. Well take you back there, but were going to begin tonight with yet another piece of reporting that raises questions if the trump administrations Foreign Policy is for sale. It raises other questions about whether bob mueller might be invest