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Slashing corporate taxes. >> i think it's going to be a tremendous thing for our country. >> and house speaker paul ryan went to a harley plant in wisconsin. >> tax reform can put harley davidson on a platform and keep jobs here in america. >> a nearly $700 million spok buy back plan, but the buy back authorization and a separate decision to open a facility in thailand are unrelated and called the closing of the plant a tough decision. it was based on our need to address the excess capacity we have in the u.s. >> we got lost in the shuffle. they just threw us out on the streets. >> the tax law...

Xfinity. the future of awesome. welcome back. let's turn to business. apple reported strong revenue gains in their fiscal report tuesday, surprising wall street and easing investor fears about iphone sales. now the company is flexing financial muscle, record breaking stock buy back plan, around a billion dollars.

Is whether or not harry reid is going to do that counteroffer or if that comes from joe biden. in fact, just a few minutes ago, reid was asked how things were going. he said ask mr. mcconnell and joe biden. so there's an indication of how things are going. >> you wrote that democrats are hesitant to put a deal on the senate floor with no republican backing, because it just offers them a chance to score political points when public opinion does seem to be favoring the democrats. democrats don't have an incentive to waste a show of support for something that can't pass, right? >> that's exactly ...

>> doug: i am doug mckelway in for bret baier on "special report." president obama is going to address the nation. the question is whether the talks pushed them apart or got them closer to a deal with three days away from fiscal cliff. ed henry standing by in the briefing room. what are you hearing? >> senior white house official says the president told the republican leaders he wants up or down vote on the scaled back plan. he said that then the senate leaders jumped in and said they think they can get a bipartisan plan. the president told senators reid and mcconnell, i'm told they have a day...

Leaders head to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of ...