Page 25 - Sep News Today

To end up happening on wednesday night? >> im going to tell you im sure the wall street types would not be happy if that is the case. the treasury says that the united states will run out of money. but i have to tell you that the sep senate tends to be less political than the house of representatives. can the senate get something done quick enough and can they get a vote on something and will we see a vote from the house of representatives? >> complicating two problems at once. thank you very mu...

Objectively can report the way the president tried to sell it, which is if this government cant pay its debts, refuses to pay it because of the debt ceiling, is that la republican decision or is it going to be played conflict in washington, gridlock, both parties to plame? >> well, the president said in the press conference i think people will blame all of washington, but he didnt mean it. and he doesnt believe it. he thinks, and i think rightly thinks, that the political onus will be on the rep...

To realize something that everyone else had been saying about this. they started to realize, we are roting for something that we know wont be taken up by the sep senate but we are being asked to vote for a tax increase. john could not convince them that there was a point. and he could not convince the white house or the public. this was his back up plan. he needs a back up plan for the back up plan. that is a bad thing for him. it is a bad thing for the rest of us because there isnt any leadersh...

>> hes like a pharoah. >> reporter: morsis office says the move is just temporary, to sideline remnants of the mubarak era and put egypt on the right track. the wise voices say it is far from clear who will win the showdown. but there are certainly more bloody days ahead on egypts bumpy road to democracy. >> we said it often here, watching the arab spring take shape over the last, you know, year and a half year or so. the overthrow is the hard part -- the easy part. the hard part is building a r...

The speaker of the house and the leader in the senate or just a president and the speaker, its a formal situation and its history. every call is history. a strong denial from speaker pelosi to woodwards reporting. so that said, we have a serious note now, because were heading into, of course, the 11th anniversary tomorrow of september 11th. we have secretary panetta going to pennsylvania, to shanksville this afternoon for their memorial. tomorrow theres going to be mercifully and appropriately a...

>> female volunteers. >> speaking of volunteers, vera gibbons is volunteering to be on our program today. shes a personal finance director. >> write it off. >> men are selfish. >> that is -- >> definitely. >> thats not -- >> thats not taxes. >> youre not dr. laura, ok? >> vera, weve had a whole bunch of people e-mail with questions. today is april 17th, its tax day. heres a question from maria. my husband is 68. i am 57. can we put money into an i.r.a. today to avert any taxes we have to pay? ou...

Yourself tonight, and enjoy your time, david cooper, it has been an honor to have you on to talk to all of us. congratulations on the achievements and the recipient of the distinguished award. >> thank you, thomas. when we talk about the snowe, it is the snowe extreme. we called it the poly-sci sideb sidebar, olympia snowe calling it quits, because of the polarization in the senate. and democrats are hoping to pick up the seat, and hoping to keep a soon to be vacant seat in nebraska. sep or th...

I had a chance to speak with sep or the santorum, and is this payback and stuff like that, and is this mccains payback? >> right, right. >> because you dont get along and he didnt want to get into that, but the mccain decision to endorse mitt romney in part is because mccain has no great love for santorum who all of the sudden has emerged as the majorer or one of the major challengers to mitt romney. >> is this a pragmatic move on the part of republicans to lets all get behind and this is guy we...

then she has tumbled, tumbled in a pretty intense way in the polls. its really unclear why because she has at least at the beginning she had done pretty well in debates. she had been here campaigning very hard. she, like rick santorum at the end of this campaign, was around the state. she did all 99 counties. guess what, she was even born here. she was born in water loo, iowa. she is a native daughter of the state. she did not do very well. very disappointing. at the end of the day, su...

With respect to seps, there is an extension. employees can adopt sep plans up until the filing of their tax return for the business, which could be until september of 2011, depending on the particular facts of the situation. the deadline for conversion for 2010 has, in fact, passed. but you can convert at any time in order to have the amounts treated as post tax. that means that the full amount in the i.r.a. would be taxable in the year of conversion. but when the money would come out, the incre...