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FROM THIS EPISODE

House Democrats say they won't let President Obama make what they call "another mistake," and they've voted to hold up his deal with Republicans.  Where does that leave tax cuts, unemployment benefits and the President's leadership? Also, cyber-protestors step up attacks in support of WikiLeaks. On Reporter's Notebook, China has promoted a boycott of the Nobel Peace Prize, but its own Confucius Peace Prize was a PR disaster.

Banner image: Speaker of the House Nancy Pelosi (D-CA) (2nd L) and others walk to a caucus of House Democrats on Capitol Hill December 7, 2010 in Washington, DC. Photo: Brendan Smialowski/Getty Images

Producers:
Christian Bordal
Karen Radziner
Sonya Geis

Main Topic The Tax Battle Isn't Over

House Democrats today voted to block debate on the trade of tax cuts for unemployment benefits that the President worked out with Republicans. Vice President Biden reportedly calls it a "take or leave it" deal, but party liberals insist the Administration gave too much and got too little. Others say it's really a second stimulus -- even bigger than Stimulus One -- that will boost the economy in time for the next election. With two-thirds of Americans in favor of its major provisions, would it be Obama's demise or salvation?  What are its chances of passing?

 

 

Guests:
Dan Balz, Washington Post (@danbalz)
Matthew Continetti, Washington Free Beacon
Katrina vanden Heuvel, The Nation (@KatrinaNation)
Rick Newman, Yahoo Finance (@rickjnewman)

Reporter's Notebook Chinese Government Reacts to Nobel Peace Prize for Dissident

Tomorrow in Oslo, Chinese dissident Liu Xiaobo will be awarded the Nobel Peace Prize, but he won't be there. He's serving a prison sentence for a pro-democracy campaign China calls "subversive." Outraged when Liu got the prize, China created the Confucius Peace Prize, which today went to former Taiwanese Vice President Lien Chan, who said he'd never heard of it and had no intention of ever picking it up. Jeff Wasserstrom is Professor of History at the University of California at Irvine and author of China in the 21st Century: What Everyone Needs to Know.

Guests:
Jeffrey Wasserstrom, University of California, Irvine (@jwassers)

China in the 21st Century

Jeffrey N. Wasserstrom

Making News Cyber Protestors Step Up Attacks in Support of WikiLeaks

WikiLeaks's primary web address was deactivated and it lost its Internet server. PayPal and credit card companies won't do business. Despite all that, WikiLeaks' online presence is stronger than ever and its allies are launching counter-attacks. Brendan Greeley is policy and technology correspondent for the Economist.

Guests:
Brendan Greeley, Bloomberg BusinessWeek (@bhgreeley)

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