Boehner's Cliff Counteroffer: $1M Tax, Debt Ceiling

Dec. 17 (Bloomberg) - -Bloomberg's Peter Cook reports that House Speaker John Boehner has made a concession to raise rates on the wealthiest Americans making $1 million and approached a changed in power on the debt ceiling. He speaks on Bloomberg Television's "In The Loop."
Europe Needs Greece Accord Soon
07:58 - Greece’s creditors said the government must make hard commitments to overhaul its finances or it won’t get a deal to unlock bailout payments. There was a widespread feeling among ministers that talks need to accelerate to achieve a deal in the coming days or weeks.
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