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York. Im joe johns. Thanks for joining us. Cnn newsroom continues now with ashlee banfield. We went over the fiscal cliff. Yep at midnight and then just a couple hours later, the senate came up with a solution. Now its off to the house. The house has to sign off. They will get back to work this afternoon. Whats in the deal . Well, it starts with the new income tax threshold. Those folks agreed to let the taxes go up but only on the family who is make over 450,000 in combined income. The itemized deductions will also be capped at 300,000 for families. And the estate tax, that was a big Sticking...

Spouse when you are negotiating to buy a car or a house or a brother or sister. So it is a how to deal with people saying and the essence is that you have to relate and you have to know where you end up with decency and you have to have a certain cultural scale. So the book is about a lot of negotiations as ambassador and governor. And sharks are not easy to deal with and its important you relate to that chart to get what you want. And in my case, diplomacy is a political prisoner and i had a very good ghostwriter who is writing back there. And it is a good and fun read. Ive been teaching and ...

A tweet that measure passed in the senate 8118. Here is what president obama had to say shortly after that vote. Good evening, everybody. Tonight, republicans and remove the threat from the to fault from our economy. The senate has now voted to approve the agreement and democrats and republicans in the house have an important vote to take. Those forthank getting us to this point. I will sign the agreement immediately and will begin reopening our government immediately. And we can begin to lift the cloud of uncertainty from businesses and the American People. I will have more to say about this ...

The presiding officer the senator from new york. Mr. Schumer i ask unanimous consent the quorum be dispensed with. The presiding officer without objection. Mr. Schumer mr. President , i ask unanimous consent that as if in legislative session the senate proceed to the consideration of s. 1774, a bill it to reauthorize the undetectable firearms act of 1988 for one year introduced earlier today, that the bill be read three times and passed, and the motion to reconsider be laid upon the table with no intervening action. The presiding officer is there objection . Mr. Sessions mr. President , reserv...

Qs which track are in negative territory. The big weight, one of the big weights is netflix. Down 25 in the past month. Its one of those stocks that move on no news, they move because they move. Today investors are paying a price. Sheila dharmarajan is at the nasdaq and is down the composite is down 3. 2 . Sheila . Ugly day here at the nasdaq. The composite and the 100 down by more than 2 . We just bounced off the session lows but keep in mind we are on track for one of the worst days we have seen at the nasdaq in two months. Heres whats amazing. This is a really broadbased selloff, not just b...