Budget Talks Regress Amid Republican Tax Shift

Dec. 20 (Bloomberg) -- House Republicans are planning a vote today on a tax increase for top earners, which they previously labeled as job-killing class warfare. Efforts are deteriorating to avert more than $600 billion in tax increases and spending cuts set to start in January. Hans Nichols reports on the outlook for House Speaker John Boehner's plan on Bloomberg Television's "Surveillance." (Source: Bloomberg)
Obama Announces U.S. Clean Power Plan in Two Minutes
56:02 - President Barack Obama outlines his plan to reduce carbon emissions with rules aimed at cutting the use of coal in U.S. power plants. Watch all the key moments from Obama's speech at the White House in 2 minutes. (Excerpts. Source: Bloomberg)
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