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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...

this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. just one more week until an important deadline, july 22. tom, that's the date when president obama wants a debt- ceiling deal in hand. >> tom: susie, an agreement by a week from tonight gives lawmakers time to write and vote on new legislation before the august 2 deadline. >> susie: it looks like its going to be a working weekend in washington as both sides still seem far apart on an agreement. >> what i've said to the members of cong...