Nancy Pelosi is accusing the Republicans of holding the middle class hostage in exchange for tax cuts for the super wealthy, cuts that will ultimately contribute to the deficit but will not create any new jobs. The House Minority Leader said Friday that stalling on a solution on the “fiscal cliff” is harmful to confidence […]
Robert Reich and Carol Roth talk to CNN’s Piers Morgan about tax reform and debt reduction with conservative Carol Roth unsuccessfully trying to convince Piers Morgan and Robert Reich that raising taxes on the super-rich will not help the economy – indeed would damage the economy and jobs numbers. You might recall that Robert Reich […]
Visit NBCNews.com for breaking news, world news, and news about the economy Super investor Warren Buffett, the chairman of Berkshire Hathaway, speaks with TODAY’s Matt Lauer about Cyber Monday sales figures, consumer confidence and the future of the American economy. Warren noted that raising taxes on the rich would not dampen economic growth in any […]
Grover Norquist is confronted by a tax pledge mutiny as the fiscal cliff approaches. Norquist has demanded for years that elected officials sign a pledge promising not to raise any taxes under any circumstance and over the years, a majority of Republicans in the U.S. Congress have done so. However, this year one-third of the […]
Visit NBCNews.com for breaking news, world news, and news about the economy Corporate CEOs are going on a publicity tour to encourage cuts to middle class entitlements instead of cutting their own corporate welfare. Washington Post’s E.J. Dionne joins Ed Schultz to discuss the CEO’s bad information on the fiscal cliff.