Reed Urges Republicans to Back Charity Tax Breaks

Dec. 12 (Bloomberg) -- Ralph Reed, founder of the Faith and Freedom Coalition, talks with Bloomberg Government about his advice to the Republican Party. Reed, who helped build the Christian Coalition, said House Republicans should fight to retain charitable tax deductions and child tax credits as they negotiate with President Barack Obama on avoiding automatic spending cuts and tax increases set to start in January. (Excerpts. Source: Bloomberg)
Charting the Impact of China’s Shrinking PMI
43:54 - China’s Purchasing Managers’ Index fell to the lowest reading in three years as monetary easing failed to revive old growth drivers weighed by overcapacity and sliding prices. Bloomberg’s Mark Barton looks at the impact on Asia stocks, the Australian dollar and crude oil on “The Pulse.”
  • German August Adjusted Jobless Rate Unchanged at 6.4%
  • The Fight Against the Cancer Pandemic
  • Schroder's Lynch Shuns U.S. Shale Operators Due to Debt