President Obama and House Speaker John Boehner are still at odds over a fiscal cliff compromise, and this Sunday’s edition of Bloomberg Government’s “Capitol Gains” features an interview with Tennessee Republican Senator Bob Corker. Corker has offered his own ideas for fixing the nation’s fiscal problems, and host Peter Cook will ask Corker about the prospects for a budget deal.
Bloomberg Government’s Director of research Bob Litan and lead analyst Tony Costello break down the potential impact on small businesses and corporations if there is an overhaul of the tax code.
And the drought in the Midwest has dropped the water on the mighty Mississippi river to its lowest level in decades. That’s putting pressure on the multi-billion dollar barge business. Peter Cook talks with Bloomberg Television’s Megan Hughes about the steps the federal government is taking to keep the cargo business moving.