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KQED Nightly Business Report December 20, 2012

Just a few more steps the president suggested and republicans would have a deal in hand to tame the deficit for a decade. That is a significant achievement for them. They should be proud of it. But they keep on finding ways to say no as opposed to finding ways to say yes. And i dont know how much of that has to do with it is very hard for them to say yes to me. Reporter there now appear to be two key sticking points republicans want the president to offer up deeper cuts in entitlement spending totaling several hundred billion dollars over ten years. In return the president is determined to get a longterm extension of the nations debt limit. Last year, the fight over raising the debt limit brought the country to the edge of default. But House Republicans see the debt limit as a crucial check on spending. I think they are very, very reluctant to give up this leverage what they consider to be the last leverage they may have next y ....

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KQEH Nightly Business Report December 20, 2012

Thinks the house will okay the package, trying to turn the heat up on president obama to steer clear of automatic tax hikes and Government Spending cuts due to take affect in 12 days. Still, as darren gersh reports, there are some signs the two sides are narrowing their differences. Reporter House Republicans say theyre still working on plan a a big agreement with the president to cut spending and raise revenues, but they were pushing plan b today a tax hike for those making more than a million dollars. Tomorrow the house will pass legislation to make permane tax relief for nearly every american. 99. 81 of the american people. Then the president will have a decision to make. He can call on the Senate Democrats to pass that bill or he can be responsible for the largest tax increase in american history. Reporter ....

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KRCB Nightly Business Report December 19, 2012

This is n. B. R. Susie good evening, everyone. Im susie gharib. Tom is off tonight. The white house knocks down House Speaker John Boehners backup plan to avoid the fiscal cliff. Well have details on his plan b. We get an insiders perspective on those talks from roger altman. He was a key adviser in the Clinton Administration and now, as head of Investment Firm evercore, hes plugged in to Corporate America and wall street. And are apples hotselling products cooling off . Is the competition winning over even apples loyal fans . That and more tonight on n. B. R. John boehner is pushing for his plan b. This is the latest twist in those crucial fiscal cliff negotiations. The
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KRCB Nightly Business Report December 20, 2012

This is n. B. R. Tom good evening. Im tom hudson. President obama urges House Speaker john boehner to take his deal on the fiscal cliff, calling it something republicans can be proud of. Susie im susie gharib. The c. E. O. Of manufacturer Johnson Controls says business is looking good for 2013, but going over the fiscal cliff could change that. Tom and the u. S. Treasury speeds up plans to sell its stake in General Motors. Is the automaker ready to stand alone . Susie that and more tonight on n. B. R. tom under the threat of a white house veto, the u. S. House of representatives is expected to vote tomorrow on the republican planb to avoid the fiscal cliff. House Speaker John Boehner thinks the house will okay the package, trying to turn the heat up on presid ....

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WMPT Nightly Business Report December 19, 2012

Falling off the cliff. He promised to bring a bill to the house floor this week that would raise income tax rates for people earning more than 1 million a year and no new spending cuts, for now. The white house immediately rejected it. Darren gersh reports. Reporter House Speaker john boehner says the president is asking for about half a trillion dollars more in taxes than he is willing to cut from spending. That means the two sides have narrowed their differences, but the speaker says not enough progress has been made to call it a deal. So he is making other plans. Our plan b would protect american taxpayers who make a Million Dollars or less and have all of their current rates extended. Reporter while the speaker prepares his backup plan, the outlines of a grand bargain with the president are becoming clearer. Both sides look ready to adopt a new inflation indicator that be ....

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