NBC Evening News for Monday, Nov 26, 2012
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.
(White House: Chuck Todd) The political disagreement over tax rates featured; details given about what Democrats and Republicans want, the debate over who is considered wealthy and the issue of the no-tax pledge originated by Grover Norquist; "New York Times" op-ed remarks from billionaire investor Warren Buffett quoted. [White House Council of Economic Advisors chairman Alan KRUEGER- notes retailers are concerned that Congress has not yet extended the middle-class tax cuts.] [February 29, Federal Reserve Board chairman Ben BERNANKE – says there's going to be a massive fiscal cliff of large spending cuts and tax increases.] [Senator Mitch McCONNELL- says we’ve been open to revenue by closing loopholes if it’s tied to spending cuts and tax reform.] [Representative Eric CANTOR – says it’s not about the pledge.]
(Studio: Brian Williams, Sharon Epperson) The potential impact on American taxpayers if there is no agreement discussed; increases in tax rates for middle income families, payroll taxes and the alternative minimum tax cited; details given about investment considerations and possible cuts.
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.