Tagged: economy

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Economy And Politics
9:00 am
Wed January 2, 2013

Congress Reaches A Deal On Fiscal Cliff

The House voted 257-167 late last night to pass the American Taxpayer Relief Act of 2012. The bill now goes to the President, but sets up another confrontation over taxes and spending in just weeks. We check in with Jill Jackson of CBS News and hear from Representative Jim McDermott about why he voted against the deal.

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Economy
11:02 am
Thu December 27, 2012

Sen. Reid: Looks Like We're Headed Over The 'Fiscal Cliff'

Credit Karen Bleier / AFP/Getty Images
Senate Majority Leader Harry Reid, D-Nev., addresses reporters about ongoing discussions about the so-called fiscal cliff on Dec. 18.

Originally published on Thu December 27, 2012 12:18 pm

Even as Air Force One was about to land in suburban Maryland this morning — bringing President Obama back from his vacation in Hawaii to resume negotiations aimed at avoiding the so-called fiscal cliff of automatic tax increases and spending cuts — Senate Majority Leader Harry Reid was on the floor of the Senate warning that a dive off that cliff seems inevitable.

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Canada And Economy
10:00 am
Wed December 26, 2012

Top Canadian News In 2012

Credit Flickr photo/Christopher Policarpio
Canadian flag.

Vaughn Palmer joins us to take a look back at the big stories in Canada. From the pipeline proposals to the appointment of a Canadian to be head of the Bank of England to the hockey strike, we will look back on Canada's year.

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Urban Planning
4:55 pm
Wed December 19, 2012

City Builds More Low-Income Housing In Downtown Seattle

Credit King County Department of Assessments
A new affordable apartment building is planned for this corner in Seattle's International District

Seattle Mayor Mike McGinn and Seattle City Councilmember Nick Licata announced Wednesday the city will spend $19.5 million for construction and renovation of 570 new low-income housing units. It's part of an effort to ease the trend of low-income families moving out of the city.

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