Obama Urges Plan to Avoid Middle-Income Tax Hikes

Dec. 21 (Bloomberg) -- U.S. President Barack Obama speaks at the White House about his request for leaders of both parties to get working on an interim measure to prevent taxes from rising on middle-income Americans even as they work on a more comprehensive package. The House and Senate won’t return until Dec. 27 to address the end-of-year deadline to avert more than $600 billion in automatic tax increases and across-the-board budget cuts. That will give them less than a week to reach a deal. (Source: Bloomberg)
Austerity Is the Only Deal-Breaker: Varoufakis
12:08 - On “Morning Must Read,” Tom Keene and Brendan Greeley recap the op-ed pieces and analyst notes that provide insight into today's headlines. Citigroup Vice Chairman Peter Orszag also speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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