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Transcripts For CNBC Power Lunch 20121227

The skies over capitol hill. Whats going on there is landing like a led balloon on wall street. If youre losing money the last four days, you know who it is. Senate majority leader harry reid says the u. S. Is probably going over the fiscal cliff. Hes planning a news conference. We dont have the exact time. When it goes, well go there. Investors getting quite nervous. Obviously the dow dropping below 13,000. The First Time Since early december. Fear index is spiking the vick. What going over the cliff will mean for you and your money. We will talk about it this hour. Airline stocks flying high sitting at 1 1 2 year highs. Will it be smooth skies for the industry next year in 2013. Phil lebeau has the report. How about housing . What a story housing has been this year. A milestone. Home prices on track for their first yearoveryear gain since 2006. Is the worst finally over . Some say yes, others say no. What does
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Transcripts For CNBC Squawk Box 20121227

Incomes below 250,000. A senate bill would likely contain an extension of expiring unemployment benefits. And the other big news of the morning, treasury secretary tim geithner unveiling a plan to buy time under the debt ceiling. In a letter to congress, geithner saying that treasury is going to begin taking steps this week to delay hitting the governments 16 16. 4 trillion Borrowing Limit. Treasury will take several measures to save that next year to keep the government from reaching the limit for about two months. But geithner warns it is harder to predict how long the delay will last because of all of this ongoing fiscal cliff negotiations making it harder to forecast what revenue and tax spending will be next year. The journal says right here the white house and congressional leaders have shown no signs of progress in the senate or elsewhere. And then, you know, i dont think weve run this bite enough. Tim geithner told
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Top Stocks Of 2023: Consumer Revenge Industries Deliver For Investors

Top Stocks Of 2023: Consumer Revenge Industries Deliver For Investors
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Top Airlines Stocks To Watch As The U.S. Eases Travel Restrictions

Top Airlines Stocks To Watch As The U.S. Eases Travel Restrictions
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