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Transcripts For CNNW Erin Burnett OutFront 20111202

unwashington. the reason, a tax cut america might be about to lose. over the past year you have probably had $1,000 extra. thanks to the payroll tax cut. you will save at least that much next year, if democrats and republicans extend it. two bills are up for vote to do just that. the democrat bill taxes millionaires to pay for the extension. the republican one freezes federal pay and cuts millionaires off from some benefits like unemployment. both bills will likely fail. because surprise, surprise, the parties haven t compromised. now congress has 30 days to pass the payroll tax extension. if they don t. people with a salary of $35,000 will pay $700 more in taxes next year. if you make $50,000 you pay $1,000 more. $75,000 in salary, $1,500 more. get how this works. on and on. economists warn that if it is not extended the u.s. could tip back into a recession. the bottom line is this, american people want it. the economy needs it. and the two major parties agree on it. s ....

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Transcripts For CNNW Anderson Cooper 360 20111202

might be about to lose. over the past year you have probably had $1,000 extra. thanks to the payroll tax cut. you will save at least that much next year, if democrats and republicans extend it. two bills are up for vote to do just that. the democrat bill taxes millionaires to pay for the extension. the republican one freezes federal pay and cuts millionaires off from some benefits like unemployment. both bills will likely fail. because surprise, surprise, the parties haven t compromised. now congress has 30 days to pass the payroll tax extension. if they don t. people with a salary of $35,000 will pay $700 more in taxes next year. if you make $50,000 you pay $1,000 more. $75,000 in salary, $1,500 more. get how this works. on and on. economists warn that if it is not extended the u.s. could tip back into a recession. the bottom line is this, american people want it. the economy needs it. and the two major parties agree on it. so, why can t politicians get it done? at lea ....

World Views America , Tax Cut , Payroll Tax Cut , We Haven T , Payroll Tax Extension , Bottom Line , On And , Super Committee , Tax Overhaul , Senator Lieberman , Simpson Committee , Mega Hollywood Hit , Connecticut Spearheading , Super Committee 2 Late Charge , Bill Forward , Super Committee Didn T , Simpson Bowles Commission , Debt Reduction , Grand Bargain , 4 Trillion , Virgin Group , Stalling Washington And Making America , Erin Burnett , Eric Kantor , Auto Cuts , Mortgage Rates ,

Transcripts For CNNW Erin Burnett OutFront 20111202

the reason, a tax cut america might be about to lose. over the past year you have probably had $1,000 extra. thanks to the payroll tax cut. you will save at least that much next year, if democrats and republicans extend it. two bills are up for vote to do just that. the democrat bill taxes millionaires to pay for the extension. the republican one freezes federal pay and cuts millionaires off from some benefits like unemployment. both bills will likely fail. because surprise, surprise, the parties haven t compromised. now congress has 30 days to pass the payroll tax extension. if they don t. people with a salary of $35,000 will pay $700 more in taxes next year. if you make $50,000 you pay $1,000 more. $75,000 in salary, $1,500 more. get how this works. on and on. economists warn that if it is not extended the u.s. could tip back into a recession. the bottom line is this, american people want it. the economy needs it. and the two major parties agree on it. so, why can t p ....

Big Showdown In Washington , World Views America , Payroll Tax Cut , Tax Cut , We Haven T , Payroll Tax Extension , Bottom Line , On And , Super Committee , Simpson Committee , Mega Hollywood Hit , Tax Overhaul , Senator Lieberman , Connecticut Spearheading , Super Committee 2 Late Charge , Bill Forward , Super Committee Didn T , Simpson Bowles Commission , Debt Reduction , Grand Bargain , 4 Trillion , Virgin Group , Stalling Washington And Making America , Erin Burnett , Sg Go , Auto Cuts ,