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Senate Rejects Republican Tax Plan
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FBN’s Robert Gray on the Senate rejecting the Republican plan to extend the Bush tax cuts for all Americans.
- Duration 0:53
- Date Jul 25, 2012
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FBN’s Robert Gray on the Senate rejecting the Republican plan to extend the Bush tax cuts for all Americans.
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And Adam Shapiro with -- Fox Business grief that -- snapped a three day losing streak but the broader market struggled amid weak earnings from tech giant -- and much weaker than expected housing data.
At the closing bell the Dow was up fifteen points.
This senate rejected the Republican plan extending the bush tax cuts for all Americans in a vote of 45 to 54.
Senators will now vote on the democrats' measure.
Which only maintains -- tax cuts for Americans who earn less than 250000 dollars a year majority vote is needed to pass that measure.
And private equity -- the Carlyle group in BC partners are reportedly closing in on a deal with the United Technologies.
To buy its industrial business the Wall Street Journal reports that three and a half billion dollar deal may be announced as soon as later today.
That's the latest from the Fox Business Network giving you -- across.