Rep. Rigell on Boehner Fiscal Plan, Defense
Dec. 20 (Bloomberg) -- U.S. Representative Scott Rigell, a Virginia Republican, talks about efforts to avert more than $600 billion in tax increases and spending cuts set to start in January, and potential cuts in defense spending. Reynolds speaks with Betty Liu on Bloomberg Television's "In the Loop." James Reynolds, chief executive officer of Loop Capital Markets LLC, also speaks. (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
48:57 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)