John Boehner's `Plan B' Breakdown

Dec. 21 (Bloomberg) -- House Speaker John Boehner scrapped a plan to allow higher tax rates on annual income above $1 million, yielding to anti-tax resistance within his own party and throwing already-stalled budget talks deeper into turmoil. Peter Cook reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Has the West Lost the Ability to Shape the Global Agenda?
04:09 - Lord Robert Skidelsky, a member of the U.K. House of Lords, discusses the rise in income inequality, possible secular stagnation in the West and the Syrian refugee crisis. He speaks with Bloomberg's Joe Weisenthal and Alix Steel on "What'd You Miss?" (Source: Bloomberg)
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