News Wrap: U.S. House Votes to Renew Tax Cuts

Aired: 8/1/2012 | 0:05:46 | Clip
In other news Wednesday, the U.S. House voted to extend all Bush-era tax cuts, in contrast with the Senate bill which would extend tax cuts for all but the highest income brackets. Also, eight Olympic badminton players were disqualified for intentionally trying to lose matches in order to play weaker opponents in later rounds.