Obama's Fresh Fiscal Cliff Offer

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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Ramsey Says Fed, Other Banks, `Too Loose for Too Long'
36:26 - Jan. 29 -- Douglas Ramsey, chief investment officer at Leuthold Group LLC, talks about Federal Reserve policy and the outlook for stocks. Ramsey speaks with Betty Liu, Phil Mattingly and Olivia Sterns on Bloomberg Television's "In the Loop."
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