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Research Senior Research economist michelle mire and well talk through everything thats been happening through jobs and what to expect. But first, there is a developing story. An earthquake off the northeast coast of japan triggered a tsunami warning. The warning has been lifted, but it was a 7. 3 quake. So far no reports of any injuries or damage. It was for the same area devastated by an earthquake and tsunami back in march of last year. We will continue to bring you any developments. In the meantime, steve has some of the mornings top other stories. Lets start with the markets. Asian stocks rallying to 2012 highs overnight. The nikkei edging lower after hitting a se hitting hitting a seven month closing high yesterday. European trading, shares seem to be fwllat. Bundesbank announced it had cut its Growth Outlook for the country. In the u. S. , the nasdaq snapped its losin ....
To tell president obama their thoughts on the fiscal cliff. The Bipartisan Group says both sides need to Work Together to avoid the tax increases and spending cuts due to kick in at the end of the year. No ones going to get what they want, but as a country to move forward, weve got to figure out who gives where, and if everything is going to be out on the table, how do we negotiate that . Reporter republicans have given a counterproposal to the president s plan which he issued last week. They say their plan would cut 2. 2 trillion from the federal deficit over ten years. With 600 billion in health care cuts, 300 billion in cuts to mandatory spending and another 300 billion in cuts to other federal spending. The biggest difference between the republican plan and the president s remains taxes and how the government can generate more revenue to pay down the debt. Rates have to ....
Aspect of American Life are downsized. Good morning, everyone. Im kristine romans. America cant afford itself. A longterm debt and deficit problems, and these are the folks who have to fix it. How close are they . I think were going over the cliff. We cant sit here and try to figure out what works for them. We look forward to the time when they are specific. They need to be more specific. They have to be willing to come to the table with specifics. Weve not had any discussion and specifics with this president about the real problem. We need a response from the white house. We cant sit here and negotiate with ourselves. I will not play that game. Further apart than ever. Youve heard endless arguing about higher taxes on the rich. Lets set that aside and talk about the sequester the budget wonk word for a thing that will touch every american. 1. 2 trillion in automatic budget cuts over the next decade, 100 billion next year alone, ha ....
Nonintervention because of the things that might happen have now happened because we failed to intervene. When is enough enough . That is the question many are asking about syria, as the death toll climbs and concerns mount over chemical weapons. Now some lawmakers are saying it may be too late to stop mass destruction. And a toddler taken from the only parents she ever knew because of a little known federal law. Now theyre fighting to get her back, and may be on their way to the Supreme Court. Ill talk with them live. Good morning, everyone. Im randi kaye. It is 10 00 on the east coast, 7 00 on the west. Thanks so much for starting your day with us. It was supposed to be just for laughs. Humor. The listeners with a lighthearted prank. Two radio deejays called the London Hospital where the duchess of cambridge was being treated and tricked a nurse to get details about her con ....
What is allegedly the most expensive burger on the planet earth. Ron and i normally do the taste testing around here. Were very excited about this. Also, check this out. The flying squirrel in the house this morning. Gabrielle douglas is here. Shes here live. She has a new memoir out, where she says she almost quit right before the olympics. Shes going to be taking questions from a whole gaggle of young fans. Very much looking forward to that. So many people excited to meet her this morning. Also, countdown to crisis. Were 24 days from tax increases for everyone and big, painful federal budget cuts, unless president obama and House Speaker john boehner can strike a deal. Well have the latest on the battle of wills in washington. The president is out this morning with a notsoconciliatory note. Well get the latest from david kerley coming up. Check this out. Why all new cars may soon be spying on their drivers and making it tough for ....