A group of liberal lawmakers is working on a bill that would tax Wall Street's stocks and derivatives trading to raise money for job creation and deficit reduction. Steve Chiotakis talks to Washington Bureau Chief John Dimsdale.
Goldman Sachs is looking for a way to slim down its tax bill, and it's considering buying unused tax credits from Fannie Mae. But it doesn't want to pay full price, so taxpayers would make up the difference. Steve Henn reports.
Sales of new homes dropped unexpectedly last month, the first decline since March. Some experts say the impending expiration of the $8,000 first-time homebuyer tax credit is the reason for the surprise decline. John Dimsdale reports.