The world is finally paying attention to the Fiscal Cliff, but Ali Velshi has been warning you about the economic storm of our own making for months now. The biggest impediment to a deal may be Grover Norquist’s anti-tax pledge signed by nearly every congressional republican. Ali will find out if the only Democrat in the current congress to sign the pledge is sticking to his guns.
And: While Americans remain in limbo about their tax bill, don’t look to the Europeans for sympathy. They pay more and expect more from government. Are they getting ripped off or are Americans getting a bargain? Ali debates with CNNi’s Richard Quest.
Your Money with Ali Velshi airs Saturday at 1pm and Sunday at 3pm ET
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On the Money Menu: economic storms brewing abroad could spread to America's shores: jobless numbers rise in Europe and Asia’s economies lose steam. But, the fiscal cliff will be an economic storm of our own making if Congress doesn't act soon. In focus: we hear about this dangerous man who stands in the way of a deal in Washington that averts the fiscal cliff. Grover Norquist is neither elected, nor has he ever run for office. So why is Washington so scared of Grover Norquist? That and more from Ali Velshi on the Friday edition of Your Money.
Ali Velshi and Richard Quest duke it out over the value of taxes.
Ali Velshi, Diane Swonk and Kevin Hassett discuss the cost, value and future of the mortgage interest deduction.
Rep. Robert Andrews, the only Democratic in the 113th Congress to sign Norquist's tax pledge, talks to Ali Velshi about whether he's still "married" to the pledge.
Kevin Glass and Mark Preston discuss the political power of Grover Norquist and his "Tax Payer Protection Pledge."
Ali Velshi takes a deeper look at the anti-tax ideologue who's been called the most powerful unelected man in America.