Page 12 - John Waldman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

crevasse. at the end of this year the bush tax cuts will expire and tax rates will go up. if you pay 10% now, you'll pay 15%. if you pay 35%, you'll pay nearly 40%. six million americans will lose unemployment insurance. and the so-called sequestration cuts, the $1.2 trillion to cuts in services and defense, they start too. if congress doesn't make a deal, the economy will go back into recession. as our economic strike team member reminded us, the debt ceiling has to pass congress on that date too. so the secret talks include some of the patriots that want to do a deal like republica...

outfront tonight, secret talks. secret talks in congress to save america from fiscal implosion. secret talks happen all the time, and 99% of them fail. but we are rooting for the 1% chance that these finally succeed. because america needs a grand bargain to prevent our debt rising to twice the size of our economy and to prevent a recession really, really soon. today fed chief ben bernanke, the man who has twisted and turned to get interest rates to zero to try to help this country said now congress must act. >> i urge congress to come to agreement on that well in advance so as not to...