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Economy: Tax Cuts / Unemployment Benefits / Deficit #987525

NBC Evening News for Wednesday, Dec 01, 2010
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(Studio: Brian Williams) Report introduced.

(Capitol: Kelly O’Donnell) The money talks at the Capitol reviewed; details given about the fight over tax cuts and unemployment benefits and the proposals for reducing the federal deficit. [Senator Mitch McCONNELL – says we need to show Americans we care more about them than special interest groups.] [President OBAMA – says he is confident we will get it done.] [Senator Kent CONRAD – warns about the national debt.] [Debt Commission co-chair Alan SIMPSON – says no more fun and games.]

(Studio: Brian Williams) The views of Debt Commission co-chairs Simpson and Erskine Bowles on cutting the deficit presented. [SIMPSON, BOWLES – talk about the scope of the debt problem and the need to act; respond to criticism from economist James K. Galbraith††.] [SIMPSON – says sober up or sleep in the streets.]

Williams, Brian;
O’Donnell, Kelly

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