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way. in the end house speaker john boehner, he caved in and he gave in to political pressure but still he defends the stand that he took. >> we have fought the fight, the good fight, but i talked to enough members over the last 24 hours who believe that, hey, listen, we don't like this two-month extension. we don't like this reporting problem in the senate bill and if you can get this fixed, why not do the right thing for the american people even though it's not exactly what we want. >> it seems that everything we've done this last year has been a knockdown dragout fight. there is no...

Travel problems for sure. current temperatures, you can see the real difference between the cooler temperatures and then the way warmer than average temperature phos raleigh up towards new york, 54 degrees, 66 in atlanta, and because we're going to deal with warm temperatures, it's going to be hard to get that changeover into snow as we head towards christmas. so future radar, we head further out in time, this storm exits, another one starts to form, as alisyn mentioned, across the southeast, then as we get into thursday and friday, nasty if you're traveling here across the northeast. look a...

Next weather maker comes over the rockies. some of this energy, shepard, could translate into perhaps, perhaps, a nor'easter for christmas. we have to watch this friday into saturday. there is our developing low pressure across the southeast heading into sunday christmas day could see travel problems across the mid-atlantic and northeast maybe snow. more "studio b" coming up after this. call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today.

Snowfall of 20 inches. the snow is winding down and lingering light snow into iowa. further southward we have heavy rain across parts of the gulf coast and could be severe weather there. this is the model forecast and you can see the moisture continues to climb up into parts of the east. it will be a couple of wet days, but mild days in the east. 59 for the high tomorrow in d.c. the next storm is taking shape along the u.s.-canada border and drop down through the northern rockies starting tonight through the day tomorrow. continuing into thursday and heavy snow in the rockies there. we are tal...

greece passes next year's budget. it is packed with tax increases and spending cuts which are required to secure bailout funds. the budget cuts, the deficit pushes the deficit to 5.24 gdp, down from 9%. ahead of the u.s. 2012 election campaign, u.s. president barack obama says the middle class needs to step up to the plate. he called for more taxes on the wealthy. those are the top stories from cnn, i'm monita rajpal. "world business today" starts right now. hello and welcome to your wednesday edition of "world business today." i'm andrew stevens in hong kong. i'm nina dos sa...