With no fiscal solution in sight, politicians are planning to head home for the holidays. Ali Velshi explains.
Plus, personal income and the savings rate both rose in November resulting in higher consumer confidence.
And, RIM stock price is down 20% in a week.
CNN's Your Money with Ali Velshi airs this Saturday at 1:00p ET and Sunday at 3:00p ET.
With less than two weeks before the U.S. economy falls off a fiscal cliff, the stalemate in Washington continues. Proposals from both sides have been called ‘inadequate’, and ‘deficient’, leaving little hope for a deal before the new year. The debate has focused largely on taxes and how much the wealthiest Americans will see their rates go up, but tax hikes on the rich alone aren't the answer.
All the noise in Washington is obscuring the fact that the US economy is getting healthier every month. The housing market is making a come back, stocks continue to climb and consumers are feeling healthier. The economy is on the verge of an economic renaissance, but Washington needs to get out of the way.
Ali Velshi is joined by Fareed Zakaria, Mohammed El-Erian, Illinois Gov. Pat Quinn, Ken Rogoff and Mark Zandi.
Ken Rogoff and Stephen Moore discuss the potential good private investment could do for public infrastructure and in turn the U.S. economy.
Christine Romans explains what "Chained CPI" actually means.
Plus, Mohamed El-Erian reveals the source of fiscal frustrations.
Fareed Zakaria and Ali Velshi discuss taxes with a fresh perspective. Should we look at what we get for our taxes instead of the rate we pay?
Ali Velshi and Gov. Pat Quinn discuss infrastructure investment in Illinois, and why the rest of the country should follow suit.
Ali Velshi, Richard Florida and Ken Rogoff explain why American cities fall short, and how we can fix them.
They are the biggest issues in your life: Your job, your savings, your home, and your debt. Christine Romans breaks down the business news of the week and shows you how it impacts your bottom line. Saturdays at 9:30 a.m. and 2 p.m. ET
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