Page 1312 - Highest News Today

lot more good for the economy. >> the energy issue is enormous. an enormous flow which would drive down prices to $2.50 a gallon would help us balance the budget and create millions of jobs. >> president obama disagrees. >> you can bet that since its an election year, theyre already dusting off their three-point plan for $2 gas. and ill save you the suspense. step one is to drill and step two is to drill and then step three is to keep drilling. >> so how much can the president, for tha...

its february 25th hello i am deborah feyerick. former south african president nelson mandela is recovering from a hernia operation. well go live to johannsburg in a few moments. primaries in michigan and arizona are three days away. gas price mot just imagination have jumped 30 cents in the last month. well go inside the numbers. we begin with breaking news out of afghanistan, at least two u.s. officers were and killed in the interior ministry in cable. nick paton walsh, nick, ...

Second highest in the world to japan. in canada, the combined federal and provincial rate range from 25 to 28%. >> this is an incentive for to us be there because of that. >> arvin makes exhaust system for toyota in three u.s. plants but to more efficiently supply a canadian assembly line, the new facility is built in london, ontario. >> retailer target is in the midst of the single largest ever expansion between 100 and 150 stores hiring tens of thousands of new employees, all of them in canada...

costs more to fill up. 12 cents in a week. about 11% so far this year. weve never seen gas prices this high so early in the season. usually you see gas prices going up into the spring and summer driving season. never so high so early. what goes into a gallon of gas? heres the breakdown according to the way the government looks at it. 12% of the price of gasoline are the taxes that we pay. 6% goes to distribution and marketing. 6% is refining. look at that, kyra, 76% is crude oil. crude...

Cost us jobs. costs economic growth. is unnecessarily complex for the average american. certainly way too complex for the typical smalls about owner. bill: i would expect to hear a lot more about this in the coming months especially as we get into the heat of this campaign. >> thanks. i hope so. thanks a lot. bill: todd mccracken out of washington. martha? martha: we have more breaking news crossing on the state trooper story that was shot at a traffic stop. what police are asking for in the sea...

The present industry that the presidents doesnt like, oil anden if and it gives benefit to or tax breaks to groups that industries that the president likes. like green energy and manufacturing or that the president will be able to use in campaign speeches. that is what this is. >> bret: what about that? some 40% of profits from large firms come from overseas. 80% of the worlds purchasing power is outside the u.s. that little provision alone could slow growth in the u.s. >> no. the idea is that y...

Second highest in the world to japan. in canada, the combined federal and provincial rate range from 25 to 28%. >> this is an incentive for to us be there because of that. >> arvin makes exhaust system for toyota in three u.s. plants but to more efficiently supply a canadian assembly line, the new facility is built in london, ontario. >> retailer target is in the midst of the single largest ever expansion between 100 and 150 stores hiring tens of thousands of new employees, all of them in canada...

U.s. government, and look for this to come under heated debate. the treasury secretary timothy geithner said this is going to be revenue neutral. fox business has been reporting for a year that in fact it will not. lets go over the elements of the plans, just five points here from the president and the treasury secretary. the lowers the corporate tax rate, 35% down to 28%. right now the american tax right is among the highest in the world for corporations. the plan also eliminates dozens of loop...

Choices the last few years we can make the right ones in this budget. i propose we provide tax relief to every new jersey citizen. and increasing the income tax credit for the working poor. the people of new jersey have suffered for too long under the burden of high taxes. it is time for real relief. [applause] martha: new jerseyans need some help. the state and local taxes are the highest in the nation at 12.2%. their property taxes are also number one. the average household spent 11% of their ...

3 hoeupb 27 a gallon, that means you pay the following ... we have a fox business network contributor in chicago on the floor. phil. what are they saying about how gas will go? >> reporter: they are saying incredible numbers. probably you dont want to hear. most people think that we are on a path to $4.25 a gallon. there are many people down here that will tell you that we will see $5 and higher. a lot of course that has to do with the price of crude. the chart you showed about what we pay for o...