Boehner Drops ‘Plan B’ as Budget Turns to Disarray

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.

Varnholt Sees Value Potential in Dollar Over Sterling
57:36 - Burkhard Varnholt, global deputy chief investment officer at Credit Suisse Group, discusses market influence of the upcoming U.K. election and what he sees for the British pound. He speaks with Bloomberg's Nejra Cehic on "Bloomberg Surveillance." (Source: Bloomberg)
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