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The white house responded, saying the g. O. P. Proposal does not meet the test of balance. In fact, it actually promises to lower rates for the wealthy and sticks the middle class with the bill. Its not just the federal government under pressure. Credit Ratings Agency fitch calls the fiscal cliff the biggest concern for state credit in 2013. Saying, any meaningful federal deficit reduction is likely to lower state funding, forcing Program Elimination or backfilling. As the tax hikes and spending cuts approach, u. S. Manufacturers saw business shrink last month. The institute of supply manageme...

The white house responded, saying the g. O. P. Proposal does not meet the test of balance. In fact, it actually promises to lower rates for the wealthy and sticks the middle class with the bill. Its not just the federal government under pressure. Credit Ratings Agency fitch calls the fiscal cliff the biggest concern for state credit in 2013. Saying, any meaningful federal deficit reduction is likely to lower state funding, forcing Program Elimination or backfilling. As the tax hikes and spending cuts approach, u. S. Manufacturers saw business shrink last month. The institute of supply manageme...

Fiscal cliff deadline, today House Republicans sent the president a counteroffer, calling for big cuts to entitlement spending, and no new taxes on the wealthy. Tom im tom hudson. Auto sales speed up in november, with buyers taking advantage of ultracheap financing to ditch their old cars. Susie ford takes the wraps off a new lincoln, taking the brand back to its heritage, but will a rebranding help revup sales, we ask ford c. E. O. Alan mulally. Tom that and more tonight on n. B. R. after a weekend of trading accusations over the lack of progress on avoiding the fiscal cliff, both sides now h...

After a weekend of trading accusations over the lack of progress on avoiding the fiscal cliff, both sides now have put their opening offers on the table. Last week, it was treasury secretary Timothy Geithner meeting with top republicans. This afternoon, House Speaker john boehner sketched out the g. O. P. Proposal in a letter to the white house, and the proposal borrows suggestions from the president s own Debt Reduction commission, whose plan was ignored last year. The republican letter offered 900 billion in spending cuts from Program Reforms to medicare and social security. The g. O. P. Pla...

Alisyn camerota and john berman. We want to welcome our viewers in the United States and all around the world. This is new day, it is friday, october 16th, 6 00 here in new york. The stark differences between joe biden and President Trump were on display last night in dueling town halls. If viewers could switch back and forth, they saw the contrast in tone and substance on key issues like the pandemic. Biden did more of a deep dive into issues like taxes and criminal justice reform. President trump sparred more with the moderator, refusing to denounce the fringe conspiracy that the fbi calls a...