Obama's New Budget Offer Signals Possible Deal
President Barack Obama lowered his tax revenue demand by $200 billion and offered to start tax rate increases at $400,000 in income instead of $250,000, moving closer to a budget deal with House Speaker John Boehner.
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Full Show: Surveillance (07/28)
12:35 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include George Magnus, senior independent economic adviser at UBS, David Costa, dean at Robert Kennedy College, Richard Clarida, global strategic advisor at Pimco, Edward Morse, global head of commodity research at Citigroup, and Former Prime Minister of Finland Alexander Stubb.(Source: Bloomberg)