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His closest and most appreciated friends and advisors and partners and talked about a special and indispensable relationship with the United Kingdom. I think from the top, therefore, the relationship is very strong but its got much more to it than that. Weve got a defense relationship, a Foreign Affairs relationship, a powerful economic, business and cultural relationship. Rose the Whitney Museum and British Ambassador when we continue. Rose funding for charlie rose has been provided by rose additional funding provided by and by bloomberg, a provider of multimedia news and Information Services...

Hari sreenivasan, Senior Correspondent for the pbs news hour. Lauren sommer, science and environment reporter. And josh richman, Bay Area News Group political reporter. Josh, lets start with you. All of a sudden it seems like california, which was in the depths, is now rolling in money. And theres more taxes, weve passed proposition 30. I cant believe theres that much of a turnaround. Is there . Well, there is a turnaround. I wouldnt say were rolling in money. Ive never seen a state so happy to a 1. 9 billion deficit over the next year and a half. Thats basically where were at. Now, you have t...

Tax hikes and Government Spending cuts set to start next year, why arent more firms postponing hiring decisions . What were hearing from businesses is that it is really hard to actually pull back hiring right now, because theyve already fired so many workers, gotten so lean that its really difficult. Reporter but not all the surprises in the report were good. At 7. 7 , the Unemployment Rate hit its lowest level since december 2008. But that was mostly due to people giving up their search for work. And theres another disappointing trend, weak wage growth. What we are not seeing is strong income...

Tax hikes and Government Spending cuts set to start next year, why arent more firms postponing hiring decisions . What were hearing from businesses is that it is really hard to actually pull back hiring right now, because theyve already fired so many workers, gotten so lean that its really difficult. Reporter but not all the surprises in the report were good. At 7. 7 , the Unemployment Rate hit its lowest level since december 2008. But that was mostly due to people giving up their search for work. And theres another disappointing trend, weak wage growth. What we are not seeing is strong income...

If that happens, it will trigger a recession, or worse. So, president obama is taking action and insisting that republicans agree to increase the existing marginal tax rates on the wealthiest top 2 of u. S. Taxpayers. And of course, there is more to the deal. But there will be no negotiations on that big part of the deal unless that tax on the wealthiest 2 is negotiated now. The president could not be more emphatic in stressing the indispensable element of surmounting the cliff is that superrich revenue. Were not insisting on rates just out of spite. Or out of any kind of partisan bickering. B...