Page 12 - Ohio Clock News Today : Breaking News, Live Updates & Top Stories | Vimarsana

President is eceptionly say -- essentially saying to liberal democrats who want to raise taxes on more people this is a good deal and keeps us from going off the fiscal cliff. you need to get onboard with this and h help me pass this across the finish line. there may be a little bit of stroking of some democratic egos in the caucus meeting to try to get this done. >> mike emanuel, thank you. as we look live at the ohio clock, all the reporters crowd around any senator, any lawmaker frankly but it is all senators there on the senate side who is saying anything about anything that is going on. i...

White house lawn. we will be back there as you look live at the ohio clock. again, vice president biden meeting with senate democrats up there. keep it here on fox. we will have breaking details as we are going over the fiscal cliff. we'll see. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest wit...

Where we saw there the ohio clock. i want to go through some of the specifics of this deal as we know it. i will read them. we used to have fancy graphics but this is breaking news so we will put up some live shots as i do. ed has been talking about them. first of all, on the income taxes an increase to 39.6% for individuals making more than $400,000 a year. families making more than $450,000 a year. previously that was 35%. as ed mentioned that is up to the clinton rate of 39.6. payroll tax a small cut in the social security tax for all earners will be allowed to expire. the alternative minim...

Expect those will be some of the pitches that the vice president is making to the most liberal members of his party who are unhappy with the tax levels who thought the estate tax should have gone much higher and were unhappy with the compromises struck. about tomorrow line, this is pressure on the left from the afl-cio. pressure on the right from the heritage foundation who is calling this a kick the can down the road deal. there is pressure from both sides but you as retiring republican senator kay bailey hutchinson said, i don't love the deal but it is a compromise and it is probably a prett...

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