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The negotiations to avoid huge tax increases and spending cuts at a stalemate. The race to solve the fiscal cliff triggered another round of dramatic sound bites from republicans and president obama. Darren gersh has the latest. Reporter the president is still pushing to wrap up a deal on the fiscal cliff before christmas and just in case anyone missed that point, he visited a toy factory to urge congress to avoid raising taxes on the middle class. Thats sort of like the lump of coal you get for christmas. Thats a scrooge christmas. A typical middleclass family of four would see their income taxes go up by about 2,200. Reporter the president is proposing to raise taxes by 1. 6 trillion, while cutting spending by 400 billion. On top of that, mr. Obama asked for 50 billion more for Infrastructure Spending and 140 billion to extend Unemployment Insurance benefit ....
Tom im tom hudson. Businesses arent waiting for a deal, theyre rewarding shareholds with special dividends ahead of higher taxes in 2013. Susie investors sour on yum brands, after the parent of k. F. C. And pizza hut says sales are slowing in china. Tom that and more tonight on n. B. R. Susie the fiscal cliff talks are going nowhere. Thats the word from john boehner today. The House Speaker characterized the negotiations to avoid huge tax increases and spending cuts at a stalemate. The race to solve the fiscal cliff triggered another round of dramatic sound bites from republicans and president obama. Darren gersh has the latest. Reporter the president is still pushing to wrap up a deal on the fiscal cliff before christmas and just in case anyone missed that point, he visited a toy factory to urge congress to avoid raising taxes on the middle class. Thats sort of like the lump of coal you get for christmas. Thats a scrooge christmas ....
The Kenai Peninsula Orchestra presents their summer performance, “Scandinavian Summer,” at two venues on the Kenai Peninsula this weekend. The Homer concert is scheduled for Friday at the Christian Community Church at 7 p.m. and the Soldotna event will be performed Saturday at the Christ Lutheran Church, also at 7 p.m. ....
The Philippine National Police (PNP) has tapped the Armed Forces of the Philippines (AFP) in the conduct of investigation on a Chinese national who yielded high-tech and military grade communication hacking equipment during his arrest over firearms violation. ....
Armed Forces probes Chinese arrested in Makati manilatimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manilatimes.net Daily Mail and Mail on Sunday newspapers.