Fiscal Cliff is talking big money and could lead to trillions spent, cut or otherwise
Where else on Earth do trillions get thrown around in debate?
Republicans offer ‘Plan B’ in US ‘fiscal cliff’ talks
AFP – House Speaker John Boehner told Republican colleagues Tuesday he is shifting to a “Plan B,” allowing tax breaks to expire for millionaires as a way to avoid the so-called fiscal cliff, his office said. Boehner will introduce legislation in coming days that keeps tax rates from rising on the vast majority of stocks trending higher based on increasing hopes for a fiscal cliff resolution and analyst upgrades. Brittany Umar and Scott Redler, chief strategic officer at T3Live.com, reveal how to trade stocks on Tuesday’s news. President Obama made a counteroffer in fiscal cliff negotiations, raising his tax rate cutoff from $250,000 to $400,000.
Europe’s main stock markets climbed on Tuesday as investors welcomed signs of progress in talks on a new deficit-cutting budget to avoid the so-called fiscal cliff in the United States, dealers said. In late morning deals, London’s benchmark FTSE 100 index of leading shares rose 0.40 percent to 5,935.
The final stretch to Christmas Day will make or break retailers’ holiday shopping season following a sluggish start that was hampered initially by turbulent weather conditions and more recently by the continued debate over the so-called “fiscal cliff.” You can expect to find great information here along with my commentary…keep coming back!. You can’t turn on the television or open a magazine these days without hearing or seeing the term fiscal cliff. The media is awash with reports of President Obama and Speaker John Boehner’s.
Leave a Reply