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December 12, 2012
This news is breaking now. aids say john boehner has sent president obama a new counter offer tonight. its apparently a response to an offer the white house made yesterday. that was one day after the president and the speaker met one on one at the white house. of course three weeks from today automatic tax hikes and spending cuts kick in if they cant come to deal. jim angle is following late developments from our washington newsroom. there have been a lot of them in just the last 30 minutes. >> ...
December 12, 2012
The loopholes and deductions, you know, in a way that achieves, you know, the kind of revenue package that we need for a broader deficit reduction goal. thats whats on the table. >> one thing is clear, shep. the pace has quickened and some in the white house tonight argue the prospects for a deal are higher. shep? >> shepard: thats good news. jim angle on capitol hill. thanks. its about to get easier for delta airlines passengers to rack up sky miles. got an email from delta tonight. officials s...
December 5, 2012
Idea. a realistic way for to us raise revenue from people who benefited enormously in the last several years. >> making the wealthy pay is not the focus of the charitable community. it fear money charity would have received in donations would go instead to the federal government in taxes. >> if they are taxed on their gift to the charities, that is just that much less money that they are able to give to non-profits. >> who will pick up the slack? no one. >> so neither the presidents plan nor the...
December 4, 2012
Neither parent is charged with a crime at this point. police are anxious to find this little girl to get her treatment. there is speculation that the mom took her out of the hospital over concern about paying medical bills. if we learn anything more about this well pass it along. jenna: sounds good. jon: president obamas healthcare reform law will not be fully implemented for more than a year. the administration is running into a road block involving a key provision, the state-run insurance exch...
December 4, 2012
Not being awareed of the confusion, surrounding the write-in candidate that won. the vice president office said, "we regret the error." the state regulators spent month waiting for word from the federal government about the insurance exchanges at the heart of obamacare. tonight, chief national correspondent jim angle reports a major bottleneck that could send the healthcare law to the supreme court. >> that have states have been reluctant how to comply with the healthcare law. 17 flatly rejected...
December 3, 2012
The fiscal cliff happen. they might try to separate out any changes to entitlements such as medicare, which the president agreed to consider and many on the left vigorously opposed. >> the thing that is driving the horrendous deficit and debt problem are the federal healthcare programs. medicare, medicaid, tri care and related medical health programs. >> future deficits only make tax cuts even more contentious. any bill that permanently increases the deficit requires 60 votes in the senate. and ...
December 3, 2012
President obama is rejecting a counter offer from the house republicans to get the country off the fiscal cliff. so the stalemate continues. what happens if we wake up january 2 and its fallen off the fiscal cliff? here is jim angle. >> todays counter offer made clear the republicans want to avoid going over the fiscal cliff. which some democrats speculated might happen to their benefit. >> this is the way the white house and many democratic members and leadership believe. we will go over the cl...
November 30, 2012
The new obamacare taxes will be a major source of money for rather generous taxpayers subsidy. >> the subsidy depend young income, 10, 12, $15,000. a lot of taxpayer support. much higher important to understand than the support that someone gets if they stay in employer plan today. >> extent for the taxpayer. many businesses are waiting for instruction on what they must include in insurance plan but may have to renew coverage before they get them. >> some of them will have renewals in the spring...
November 30, 2012
Constituents of a number district. norquist rejects the logic. saying the pledge is clearly made in writing to quote the american people. conservative writer john fund says gibson, "his constituents may not be able to trust his word on the penal he took but they can count on the fact that he is now potential vote for just about any tax hike, budget deal could contain. " we told you earlier there is little reported progress in budget negotiations. healthcare has not so far been major issue in t...
November 28, 2012
Help reducing the benefits for the wealthy or changing the retirement age or the cost of living adjustments. whatever its done, analysts say the sooner the fix, the better. >> social security is very close to the leaky roof. the longer you avoid fixing it, nastier and more expensive the fix become. its not going to get any easier for now. >> without changes, lower benefits are built in to the system. in the early 2030, social security will no longer pay full benefit and by law has to cut them ov...