- US economy poised to take off after fiscal cliff deal.
- Boehner proposal is still out of balance.
- Willing to work with Boehner to go after excessive costs in health care system.
- Not going to be possible to get a deal to avert fiscal cliff without raising taxes on the wealthy.
- Plan to raise revenues without raising rates would likely hit charitable contributions deduction.
Reaction details (18:31)
- In reaction to these comments E-mini S&P moved 2.25 points higher going from 1404.00 to 1406.25.
Analysis details (18:32)
- Yesterday US House Speaker Boehner had said that he had presented a credible plan on the fiscal cliff that deserves serious consideration from Obama.
04 Dec 2012 - 18:29 - Equities Bank Speaker - Source: Newswires
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: