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Transcripts For KQED PBS NewsHour 20121228

And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Warner five days and counting with plenty of titfor tat charges, but no agreement in sight. That, in short, summed up the state of affairs in washington today as the fiscal cliff deadline loomed, january first. It would mean more than 600 billion in acrosstheboard tax increases and automatic spending cuts. Come the first of this year, americans will have less income than they have today. If we go over the cliff, and it looks like thats where were headed. Warner this morning, the senates democratic majority leader, harry reid, was blunt about chances for a deal. And he blamed House Speaker john boehner. Just before christmas, boehner floated his socalled plan b letting taxes rise on millionaires. But faced with opposition in republican ranks, he pulled it, and sent th

Transcripts For KQED PBS NewsHour 20121227

And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Warner five days and counting with plenty of titfor tat charges, but no agreement in sight. That, in short, summed up the state of affairs in washington today as the fiscal cliff deadline loomed, january first. It would mean more than 600 billion in acrosstheboard tax increases and automatic spending cuts. Come the first of this year, americans will have less income than they have today. If we go over the cliff, and it looks like thats where were headed. Warner this morning, the senates democratic majority leader, harry reid, was blunt about chances for a deal. And he blamed House Speaker john boehner. Just before christmas, boehner floated his socalled plan b letting taxes rise on millionaires. But faced with opposition in republican ranks, he pulled it, and sent th

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