Were not that far apart. Just a few more steps the president suggested and republicans would have a deal in hand to tame the deficit for a decade. That is a significant achievement for them. They should be proud of it. But they keep on finding ways to say no as opposed to finding ways to say yes. And i dont know how much of that has to do with it is very hard for them to say yes to me. Reporter there now appear to be two key sticking points republicans want the president to offer up deeper cuts in entitlement spending totaling several hundred billion dollars over ten years. In return the president is determined to get a longterm extension of the nations debt limit. Last year, the fight over raising the debt limit brought the country to the edge of default. But House Republicans see the debt limit as a crucial check on spending. I think they are very, very reluctant to give up this leverage what they consider to be the last leverage they may have next year on trying to get real entitlem
Just a few more steps the president suggested and republicans would have a deal in hand to tame the deficit for a decade. That is a significant achievement for them. They should be proud of it. But they keep on finding ways to say no as opposed to finding ways to say yes. And i dont know how much of that has to do with it is very hard for them to say yes to me. Reporter there now appear to be two key sticking points republicans want the president to offer up deeper cuts in entitlement spending totaling several hundred billion dollars over ten years. In return the president is determined to get a longterm extension of the nations debt limit. Last year, the fight over raising the debt limit brought the country to the edge of default. But House Republicans see the debt limit as a crucial check on spending. I think they are very, very reluctant to give up this leverage what they consider to be the last leverage they may have next year on trying to get real entitlement reform and i think th
This is n. B. R. Tom good evening. Im tom hudson. President obama urges House Speaker john boehner to take his deal on the fiscal cliff, calling it something republicans can be proud of. Susie im susie gharib. The c. E. O. Of manufacturer Johnson Controls says business is looking good for 2013, but going over the fiscal cliff could change that. Tom and the u. S. Treasury speeds up plans to sell its stake in General Motors. Is the automaker ready to stand alone . Susie that and more tonight on n. B. R. tom under the threat of a white house veto, the u. S. House of representatives is expected to vote tomorrow on the republican planb to avoid the fiscal cliff. House Speaker John Boehner thinks the house will okay the package, trying to turn the heat up on president obama to steer clear of automatic tax hikes and Government Spending cuts due to take affect in 12 days. Still, as darren gersh reports, there are some signs the two sides are narrowing their differences. Reporter House Republic
Hot Miss | National Affairs nationalaffairs.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalaffairs.com Daily Mail and Mail on Sunday newspapers.
Countries across the globe are grappling with persistent social, environmental, and economic challenges, including climate change, social and environmental justice, and inequality. In the private sector, customers, employees, shareholders, and other stakeholders are challenging businesses to do more.