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Final hours and the threat of a slowing economy and higher taxes on middle income folks to try and get this leverage for bigger tax breaks for wealthy people. the more you provide tax breaks to folks at the top, the more the overall burden of dealing with our deficit, which we have to do over a long period of time, the more that burden will fall on the middle class, the more it will fall on seniors, the more it will mean less opportunities for our kids to go to college through student loan progr...
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We have to break that habit before it starts. >> ryan, that was the president speaking on december 5th to the business round table. the round table has since sent a letter urging both parties to come to an agreement. they have not specifically mentioned the debt ceiling. i dont think theres much of an appetite anywhere in the world, let alone in washington, for us to go through this again in three months. at the same time tor, to get th done, the democrats have to do something on entitlement pro...
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Im michael eric dyson in for ed schultz. the president cuts his vacation short to come back to washington, d.c., meanwhile, house republicans are literally phoning it in, this is the ed show, and as ed would say, lets get to work. >> this is something within our capacity to solve. it doesnt take that much work, we just have to do the right thing. >> six days away from the fiscal cliff and there are real consequences to millions of americans if no deal is cut. congressman elijah cummings and ryan...
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Intelligence, you are seeing the republicans have no prayer now. theyre just going to have to cave in on this rate increase on the rich. theyre just going to have to. >> the presidents public schedule is curiously clear, which could mean hes busy working behind the scenes on a deal. we know president obama and john boehner met privately on sunday and nbc news is reporting the two men spoke on the phone tonight the discuss the latest proposals. the white house is not talking about the details. le...
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Done like the affordable care act. like dodd frank. she got it done. >> thats great advice, and we hope he listens. >> i hope so. >> thank you so much, my friend. >> my pleasure. lets turn to ryan grim. mr. grim, the jobless are really the only segment of the population who get an immediate hit if we go over the fiscal cliff. doesnt this strike even what appears to be heartless politicians that the people most vulnerable are working class and working poor and middle class people who will get s...