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coming aupt the top the hour. the newt and donald break bread here in manhattan. plus the president once again implors congress to act. will they make a deal. three money managers who claimed the $254 million powerball jackpot in connecticut are announcing how it will be used. their charitable trust will give a total of $1 million to five organizes that support u.s. troops and military members returning home from deployment. each group will receive $200,000. they say the donation is the first of many they expect to make. not bad for money managers. e entertainment host jewel yawn na rancic updates us on her
an important milestone for the u.s. military in iraq. fewer than 10,000 u.s. troops are there as of this morning. there are 9500 u.s. troops in that country. that is dune from a onetime high of about 170,000 troops. with congress' approval rating at an all-time low, voters ps to cut their salaries and make them wroshg longer hours. it shows 67% of likely voters say the $174,000 base salary for congress members should be lowered. speaking of congress on this weekend's "saturday night live," seth meyers took aim the at lawmakers and their, i guess, secret santa plan. take a listen. >> this christmas a number of senators will participate in a secret santa gift exchange that will involve members from both party. the way it works is the democrats will give the republicans a gift, and that's it. at bank of america, we're lending and investing in communities across the country,
helps defends against occasional constipation, diarrhea, gas and bloating. with three strains of good bacteria to help balance your colon. you had me at "probiotic." [ female announcer ] phillips' colon health. [ female announcer ] we never forget the nearly 12 million cancer survivors in america today... and the countless lives lost. we owe it to them to protect funding for cancer research, prevention and access to care. congress, make cancer a priority and give millions of americans what they need most.
as soon as this year ends, so does that tax cut. approximate if congress fails to renew this tax cut before then, that same family sees a tax hike of $1,000 a year. there aren't many folks, either in the middle class or those trying to get into the middle class, who can afford to give up $1,000, not right now. that's why congress must act. although the unemployment rate went down last month, our recovery is still fragile. the situation in europe has added to that uncertainty. that's why the ma the jort of the economists believe it's important to extend the payroll tax cut. those economists would lower their growth estimates for our economy if it doesn't happen. not only is extending the payroll tax cut important for the economy as a whole, it's obviously important for individual families. it's important insurance for them against the unexpected.
and we don't extend unemployment insurance it will hurt our economy. the economy won't grow as fast, and we won't see hiring improve as quickly. they will take money out of the pok pockets of americans just bh they need it. it will harm businesses that depend on the spending just at the time when the economy is trying to get some traction in this recovery. it will hurt all of us. it will be a self-inflicted wound. so my message to congress is this. keep your word to the american people, and don't raise taxes on them right now. now is not the time to slam on the brakes. now is the time to step on the gas. now is the time to keep growing the economy, to keep creating jobs, to keep giving working americans the boost that they need. now is the time to make a real difference in the lives of the people who sent us here. so let's get to work. thank you very much. >> you heard the president there making his case, again, why the
economy in order to pay for an extension of the payroll tax cut. we're not going to do that. nor are we going to undo the budget agreement that i signed just a few short months ago. finally, with millions of americans still looking for work, it would be a terrible mistake for congress to go home for the holidays without extending unemployment insurance. if that happens then in january they'll be leaving 1.3 million americans out in the cold. for a the lot of families this emergency surgery is the last line of defense between hardship and catastrophe. taking that money out of the economy now would do extraordinary harm to the economy. if you believe that government shouldn't take money out of people's pockets, i hope members of congress realize that it's even worse when you take it out of the pockets of people who are unemployed and out there pounding the pavement looking for work.
Detailed text transcripts for TV channel - MSNBC - 20111205:19:05:00 vimarsana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vimarsana.com Daily Mail and Mail on Sunday newspapers.
Detailed text transcripts for TV channel - MSNBC - 20111205:19:01:00 vimarsana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vimarsana.com Daily Mail and Mail on Sunday newspapers.