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December 7th, 2012
08:02 PM ET

Is 37 the magic number in this fiscal cliff debate?

Did House Speaker John Boehner hint ever so slightly at a compromise today that could finally edge us away from the dreaded fiscal cliff? A huge point in contention between President Barack Obama and Boehner are the tax rates.

Fiscal cliff: what isn't said tells more than actual words

Obama says the top rate on household income above $250, 000 should rise from 35% to 39.6%. Boehner wants the rate to stay at 35% or even lower.

The question is, what about the middle - at 37%?

"There are a lot for things that are possible to put the revenue that the president seeks on the table, but none of it's going to be possible if the president insists on his position, insists on 'my way or the highway,'" Boehner said.

Is 37 the magic number in this fiscal cliff debate?

OutFront tonight: Doug Holtz-Eakin, President of the American Action Forum and Robert Reich, Professor of Public Policy at the University of California at Berkeley and Fmr. U.S. Labor Secretary under President Bill Clinton.


Filed under: Economy • Fiscal Cliff
December 7th, 2012
02:24 PM ET

Harry Reid: The GOP are like the New York Jets

Are Republicans fumbling the ball? As the fiscal cliff debate looms over the U.S., Sen. Harry Reid compares the GOP to the NY Jets. Erin Burnett reports.


Filed under: E-Block • Politics
December 7th, 2012
02:19 PM ET

Egyptian president stands by edict amid violent protests

In Cairo, where protesters set one of the main headquarters of the Muslim Brotherhood on fire following a speech by Egyptian President Mohamed Morsy.

President Barack Obama spoke with Morsy on the phone, expressing his concerns about how violent the protests have become.
We asked CNN's Reza Sayah why Morsy's speech failed to appease protestors.


Filed under: International • OuterCircle
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