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back down, to agree to a two-month extension or risk ruining the brand. tonight looking pretty grim he did. >> doing the right thing for the right reasons is always the right thing to do. while everyone asked for a full year extension of these programs, a lot of people weren't willing to put the effort in as the holidays were approaching to get it done. our members were. so i'm proud of the efforts that they put into this. >> dana is going to join us to explain the mechanics of the deal, the spaks. president obama was quick to praise the outcome. the statement read thg is the real mo...

let's go "outfront." good evening everyone. i'm erin burnett. we're in countdown, counting down to a tax hike. congress has ten days to reach a deal that will keep american taxes from going up on january 1st. if they fail to agree, the average american worker will lose $40 a week. under fire today, republican house members who rejected a deal that would have extended the payroll tax cut by two months. >> past the two-month extension, return to work on the year-long extension or explain to the american people, 160 million of them, why congress would not listen to them. >> the speake...

bill, if you can get this fixed, why not -- why not do the right thing for the american people even though it's not exactly what we want. >> full details of the deal, the compromise and reaction. president obama said, for the past several weeks i've stated consistently it was critical congress not go home without preventing a tax increase on 160 mill americans. an agreement meet that's test. more reaction coming as well. latest on the details and the political fallout. dana bash is with us and jessica yellin. let's go to the hill first. house republicans are saying we have a tweak in...

are going to be making some statements i suspect as well. at least the president will talk about what's at stake for them. john, you and i have covered these games of chicken for a long time. president will be walking out in a moment. can't believe personally that they won't work out a deal between now and december 31st, because the stakes are too enormous. >> the stakes are enormous. i think you're right they'll try to work out a deal. if republicans this morning didn't think they'd wake up and make a deal, the president of the united states is winning the optics of the political wa...

very long time. it's also sending shock waves across egypt and the entire world. fair warning, what the camera caught, what the women are protesting, well, it's hard to watch. and here's also no sound. which perhaps is just as well because the images speak for themselves. watch. now, we don't know what ultimately became of this woman except that she suffered serious cuts, serious bruises. but we do know this. she's not the only one. and yet keeping them honest, until tonight the generals in charge of egypt these days are insisting that what you just saw was only an isolated incident....