November 27th, 2012
07:39 AM ET

Tuesday's live events

The talk in Washington is all about the "fiscal cliff" and what the president and Congress need to do to avoid it.  Watch Live for continuing coverage of the fiscal cliff debate.

Today's programming highlights...

11:30 am ET - Immigration reform briefing - GOP Sens. Kay Bailey Hutchison and Jon Kyl speaks with reporters from Capitol Hill on immigration reform.

12:30 pm ET - White House briefing - The fiscal cliff and the situations in Egypt and Gaza will likely dominate Press Secretary Jay Carney's briefing with the White House media corps.

12:30 pm ET - Senate party policy lunches stakeout - Senators will meet behind closed doors for a little lunch and a lot of discussion about the fiscal cliff.  Following the meetings, lawmakers may speak to reporters.

1:00 pm ET - Pentagon briefing - The situations in Gaza, Egypt and Afghanistan will likely be the focus of Press Secretary George Little's briefing.

2:00 pm ET - House back in session - House lawmakers return to work following their Thanksgiving holiday recess, and they are expected to dive into the fiscal cliff debate. Live is your home for breaking news as it happens.


Filed under: Economy • Finance • Immigration • On today • Politics
soundoff (21 Responses)
  1. the prophet

    Governments use fiscal policy to influence the level of aggregate demand in the economy they are in, in an effort to achieve economic objectives of price stability, full employment, and economic growth. Economists suggests that increasing government spending and decreasing tax rates are the best ways to stimulate aggregate demand, and decreasing spending & increasing taxes after the economic boom begins. Economists argue this method be used in times of recession or low economic activity as an essential tool for building the framework for strong economic growth and working towards full employment. In theory, the assumed resulting deficits would be paid for by an expanded economy during the boom that would follow, is this was the reasoning behind the New Deal. America economy is bound to collapse its only a netter of time.

    November 27, 2012 at 8:22 am | Report abuse |
  2. the prophet

    the US Government is trying use fiscal policy to influence the level of aggregate demand in the economy, in an effort to achieve economic objectives of price stability, full employment, and economic growth and most of all prevent the economy from collapsing next year, unfortunately the economy will collapse because the national debt is not sustainable, best time to take cash out of bank is now.. and buy Gold.

    November 27, 2012 at 8:39 am | Report abuse |
  3. chrissy

    The more things change, the more they stay the same.

    November 27, 2012 at 10:24 am | Report abuse |
  4. banasy©

    I wrote a nice post for the GOP pledge thread.
    As expected, it didn't go through.
    I am tired of the nonsense games here.

    November 27, 2012 at 10:32 am | Report abuse |
  5. banasy©

    Blocked again.
    Clean up your act, Cable News Network.

    November 27, 2012 at 10:36 am | Report abuse |
    • RevNowWhileWeCan

      After typing out your post, copy it and if it doesn't go thru, re-paste it and shorten it or change a couple of words. It's a pain but it seems to work. 🙂

      November 27, 2012 at 1:13 pm | Report abuse |
  6. saywhat

    Good morning@chrissy@banasy@ the Prophet
    Yes this is getting to be a nuisance, CNN does need to clean up its act. Where is @Nsaidi?
    On the fiscal cliff issue I agree with@ the Prophet. Even if GOP decides, for once , to rise above pettiness how would the big heads get to tackle the deficit? This country is in a fiscal bind.

    November 27, 2012 at 12:35 pm | Report abuse |
  7. chrissy

    Unless revnow, you have a mobile phone like mine, without c/p abilities.

    November 27, 2012 at 1:18 pm | Report abuse |
    • BOMBO ©

      Quite often, just hitting the BACK botton on the phone displays the previous message you tried to post. You can then edit that.

      November 27, 2012 at 2:36 pm | Report abuse |
  8. chrissy

    Oh and i agree with your last post too btw. Lol

    November 27, 2012 at 1:21 pm | Report abuse |
  9. chrissy

    Lol dont you kinda fell like youre in blog rehab? Soon the urge to post will be gone and cnn can say *mission accomplished!*

    November 27, 2012 at 1:25 pm | Report abuse |
  10. chrissy

    oops meant *feel* not fell.

    November 27, 2012 at 1:59 pm | Report abuse |
  11. chrissy

    Freedoms? Kinda forgot the meaning of that word lately.

    November 27, 2012 at 2:30 pm | Report abuse |
  12. Just a thought

    How bout they quit spending and borrowing money we don't have. Jees

    November 27, 2012 at 2:57 pm | Report abuse |
  13. Steuben Ninger

    All the signs are there. Simply JUMP.

    November 27, 2012 at 3:38 pm | Report abuse |
  14. chrissy

    not banasy @ 4:l4.

    November 27, 2012 at 4:19 pm | Report abuse |
  15. banasy©

    This is obviously not me.
    This is also why TJI is hemmoraging bloggers.

    November 27, 2012 at 7:38 pm | Report abuse |
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