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November 29th, 2012
08:54 AM ET

Minding Your Business: Thursday, November 29, 2012

With both President Obama and Senate leader John Boehner expressing optimisim on fiscal cliff negotiations, stock futures are all trading up this morning.

Several Fortune 500 CEOs met with the President to discuss raising taxes for those making more than $250,000. Goldman Sachs CEO Lloyd Blankfein told The Situation Room's Wolf Blitzer yesterday, "If that's what it took to make the math work when you look at the entitlement side and the revenue side, I wouldn't preclude that. of course we would have to do that if the numbers drive that way."  Secretary of the Treasury Timothy Geithner will be making the rounds on Capitol Hill today in continued discussions on how to avoid the fiscal cliff.

The economy may be doing better. Today, the third quarter GDP is expected to be revised higher, up .8%.

 


Filed under: 2012 • Fiscal cliff • Minding Your Business • Politics
soundoff (One Response)
  1. Richard Haynes

    I.m a 82 year old man that worked all my life and still do take care of myself,wore a uniform,offered my life for this country.How many of these politions san say that.my question is WHY DON'T THEY PUT THEIR LIFETIME SALARY"HEALTHCARE,& OTHER PERKS ON THE TABLE,I'D TELL YOU BUT ONE OF YOU BEAUTIFUL LADIES MAY READ THIS.PLEASE ASK THEM I'M SURE MILLIONS WOULD LIKE TO HEAR THEIR RESPONSE.KEEP UP THE GOOD REPORTING BUT PLEASE TRY TO LET ONLY ONE AT A TIME TALK.SOMETIMES YOU SOUND LIKE A BUNCH OF CHICKENS IN A HEN HOUSE....ha

    November 30, 2012 at 5:30 am | Reply

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