His case. Here we are at the eleventh hour, and the president still isnt serious about dealing with this issue right here. Its this issue spending. Reporter the president left his spokesman to respond that republicans were pushing a plan of fantasy economics that raised more revenues while also cutting taxes on the wealthy. What spending cuts have the republicans put forward . The proposal that weve seen is a twopage letter, and the much discussed second proposal is less than half a page. There is no specificity behind what the republicans have put forward. Reporter right now, the risk is rising that we will avoid the fiscal cliff, but end up with what some call a worst case outcome. We get some sort of hoaky deal thats put together with gimmicks and baseline adjustments and all that stuff. They get by the fiscal cliff without much damage. Wall street breathes a sigh of relief, but weve done nothing for the longer term debttogdp ratio. Worst of all, most of what they do will take effec
Here we are at the eleventh hour, and the president still isnt serious about dealing with this issue right here. Its this issue spending. Reporter the president left his spokesman to respond that republicans were pushing a plan of fantasy economics that raised more revenues while also cutting taxes on the wealthy. What spending cuts have the republicans put forward . The proposal that weve seen is a twopage letter, and the much discussed second proposal is less than half a page. There is no specificity behind what the republicans have put forward. Reporter right now, the risk is rising that we will avoid the fiscal cliff, but end up with what some call a worst case outcome. We get some sort of hoaky deal thats put together with gimmicks and baseline adjustments and all that stuff. They get by the fiscal cliff without much damage. Wall street breathes a sigh of relief, but weve done nothing for the longer term debttogdp ratio. Worst of all, most of what they do will take effect immediat
This is nbr. Captioning sponsored by wpbt tom good evening. Im tom hudson. With the january 1 deadline to avoid the fiscal cliff about two weeks away, neither side appears to be giving any ground. Susie im susie gharb. The u. S. Stock markeis expeed to be the worlds best performer in 2013. Thats the prediction of john rogers of the c. F. A. Institute. He joins us tonight. Tom and new rules for health care also are around the corner. Tonight, we look at how Small Businesses are preparing for the changes. Susie that and more tonight on nbr tom theres no deal, but the two sides are still talking. House Speaker John Boehner and president obama met earlier this evening at the white house in an effort to move forward the stalled fiscal cliff talks. There are now just 18 days before the tax hikes and spending cuts thatake up the clf take efft, and today, there were few signs of progress. As darren gersh reports, the tone of the talks, if anything, is getting worse. Reporter House Democratic l
Investigating, all ahead on ktvu channel 2 morning news. Complete bay area News Coverage starts right now. This is ktvu channel 2 morning news. Well, good morning to you, it is another bad morning, sorry to say for bart commuters, live pictures you are looking at, that is that disabled train still sitting on the tracks in arinda in the east bay, damaged in a fire yesterday. It may take hours for the crews to get it out to remove it. Ktvus Christien Kafton is there. He will bring the latest on this in just a couple of minutes. Good morning, welcome to thursday, october 24th, i am dave clark. I am Claudine Wong in for pam cook this morning, lets start you off with a quick look at your weather and traffic and steve, i know i said i liked it cool but dont cool it down too much. Always demand demand yeah bigger fog bank today, bigger yes, in that it is lifting a little bit so even inland areas will come down on the temperatures today because there is a little low approaching, actually a pre
And i assume this is why Red Rock Canyon got its name. That is correct, huell. The area here has a transverse fault called the garlock fault that comes off the sierra nevadas and tehachapi mountains, and this area was covered with a lot of sand and sedimentary rock many, many years ago in the miocene, the pliocene era. Well, then, later came a volcanic surge and laid over it, and then with this fault uplifted, and most of these all these cliffs, besides this cliff, faced to the south, and as the wind and rain came along, it eroded and made these fabulous curtains as you go down and see these cliffs here in Red Rock Canyon. Yeah, not only oh, look over here, when you talk about curtains, this is just spectacular. Not only the color, which is the first thing that hits you, but the formations themselves. This isive never seen anything like this in california and i know that you wanted us here early this morning while the sun was hittin it just perfectly because it really just pops out at