quarter of a point or less. colorado, nor floor and pennsylvania automatically recount votes if it is half of a percent or less and if it all goes down to the wire, it wouldn t be the first time. in 1976 just 23,000 votes, 0.03% would have made gerald ford the winner in 2004. the bush/kerry race came down to 59,301 votes. in ohio it was 269 that would have flipped it to al gore. every vote matters. we ll be right back here from democracy plaza. join mika coming back. it s a six-hour morning ex tr extravaganza and then we re going to eat some lunch and go to sleep for a couple of hours. so joe and mika coming back. the rest of the cast, brokaw, you name it. we have david plouffe ahead, haley barbour. interesting to see what both of those gentlemen are thinking right now. for the president it s satellite interviews and basketball.
tax. william loss net is live from los angeles. it would be among the first on the band wagon for this so-called financial sin tax. he has had multiple fundraisers with some of the country s richest bankers and fat cats. backing the robin hood tax along with the afl cio as well as the national nurses united union which stages protest that may damage that effort. the bill is sponsored by democratic senator tom harken and representative peter defazio would impose a tax of $0.03 on financial trades. supporters say it would cost the average investor less than a dollar a year while targeting wall street speculators and reduce the type of reckless computer trading that increases volatility. it is .03 percent but it will
gallon in the national average. could we be in for another recession? stu varney is here with the answers. that was a fabulous graphic, wasn t it? because it really shows the chain reaction effect you can have here from only gas prices. that s precisely right. there s two points to make here. number one, the gas price spike is now. it s happening right now. that graphic just showed $3.61. that s up $0.03 just in one day. and that s up $0.09 in a week. and in california, the price went up $0.07 overnight. just over last night. up $0.07. so .1, the spike is upon us. now that chain reaction you talked about, that is very really and happening now. up goes the price of gas, that raises the cost of transportation, putting goods into the grocery store. it takes consumers money away from them, they can t spend it. up goes the price of travel, leisure, hotels, airline fees fares have already gone up so
great britain and france and explain that, eric. right. very quickly, so there s a whole thing going on between iran and the european union. the european union says if you don t cut back on your nuclear enrichment facilities and desires, we re not going to buy oil from you, so iran turns around yesterday on sunday and says i ll tell you what, we ll beat you on that. they said as of july 1st, they were going to cut back buying iranian oil. iran says forget it, we re not selling you, france and britain, oil right now. you re fired. immediately the oil price jumps $2 a barrel overnight. right now, it s trading over $105. if i m not mistaken, we re above $105 a barrel. gasoline was up another $0.03 a gallon just overnight. so all these price increases, expect the national average which is $3.56, expect that to continue higher especially if these middle eastern tensions don t ease a bit.
the state. while republicans are protecting the rich, dayton is going to bat for the rest of the state. he s fighting for those who don t fall into the 0.03%. because across the country and is the average american is suffering. just take a look at this. texas public schools will start the year without textbooks. los angeles is cutting over 300,000 hours of public bus service. camden, north carolina, was forced to lay off half of its police staff. and in smaller cities like wilmington, north carolina, fire departments are being forced to work with faulty equipment. so what that s what makes dayton s stand so important. he s fighting, and his fight is a microcosm of what s happening around the country. he doesn t want to see it happen in his states. joining mess is huffington post