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Again, we say theres no prospect for an agreement that doesnt involve those tax rates going up. Remember, its 2 . Remember, all of those americans, too, get a tax cut into that framework on the first 250,000 of their income. That said the president and Speaker John Boehner discussed the budget by phone yesterday. Susan mcginnis is in washington with the latest on this game of fiscal chicken. Susan, good morning to you. Right. Good morning, terrell. Yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members of congress are h...

Good morning. There are some glimmers of Common Ground here among the two sides that could form the basis of a deal. The president is now talking about actually lowering the tax rate for the top 2 not now but later. And republicans are now taking some heat over their latest plan a lot of it from within their own party. Five, four reporter House Speaker john boehner led the countdown to the lighting of the capitol Hill Christmas tree last night. One. Reporter but a different countdown weighs on the minds of these lawmakers, the countdown to the fiscal cliff. A series of tax increases and spendi...

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 he...

Reporter no reports of damage or injury. Its still way too early. We have a tsunami warning. The tide is about three feet or two meters or one meter, i should say. Very interesting, this time the warnings came very fast and furious. The announcer was yelling at people to get to higher ground. Big difference this year. We were watching in our newsroom as the alerts came in. What did you feel, what did you experience there . Was it anything noticeable . I was talking to someone on the phone and she said she should get off the phone, this is a big one. My windows were rattling. My pictures, i tho...

Good morning, everybody. Im terrell brown. Stunning. Thats what they hear after the Obama Administration is ready to go over the fiscal cliff if the gop doesnt bid on higher taxes. On top earners. A just released poll Shows Nearly Half of those ads say its time to end tax cuts for the wealthy but keep it in place for americans earning 250,000 or less. 32 say the tax cuts should remain in place for everyone. During a broadcast interview yesterday Timothy Geithner was asked what if republican dont agree to raising taxes. Is the administration prepared to go over the fiscal cliff . Oh, absolutely...