Obama Makes New Fiscal Cliff Offer

President Barack Obama made a new budget offer that would raise taxes by $1.2 trillion and increase tax rates for households earning more than $400,000 a year, up from $250,000, said a person familiar with the talks.
No Doubt Greece Needs Short-Term Financing: Saccomanni
18:15 - Former Italian Finance Minister Fabrizio Saccomanni says there's no doubt Greece needs short term financial aid. He talks with Manus Cranny on Bloomberg Television's "The Pulse." (Source: Bloomberg)
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