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Higher tax revenues from both individuals and corporations in an improving economy combined with flat federal spending. Melissa, back to you. Melissa peter, thank you so much. I want to go to trader Teddy Weisberg at New York Stock Exchange to see how they are reacting to this. The market is slipping a little more right now. What is the mood like . It is a kind of a disappointing day, melissa. We started on the plus side. Gave that away pretty quick and were now trading near session lows, off a little more than that but down 180 points, pretty much at session lows. Concerns out of europe. Conc...

Entile, 67 , more than 2 in 3 favor a mix of spending cuts and tax increases. Thats what they say Real Progress would look like. Keeping them honest, though, Real Progress is one thing, washington progress is another. So far at least, were seeing much more of the second and the first and were getting late new word that any progress might be stalled. More on that shortly. First, a good example of washington progress. Republican lawmakers standing up in a limited way to a beltway power broker named Grover Norquist over the 1980s era pledge he pressures to sign. Promising not to raise taxes, any ...

Favor a mix of spending cuts and tax increases. Thats what they say Real Progress would look like. Keeping them honest, though, Real Progress is one thing, washington progress is another. So far at least, were seeing much more of the second and the first and were getting late new word that any progress might be stalled. More on that shortly. First, a good example of washington progress. Republican lawmakers standing up in a limited way to a beltway power broker named Grover Norquist over the 1980s era pledge he pressures to sign. Promising not to raise taxes, any taxes, ever. Im not obligated ...