it s 5:00 a.m. in the east. this is cnn breaking news. we begin this morning with breaking news. we have learned that president obama is holding a big event at the white house rose garden later today to resurrect the battle over the bush tax cuts. he will be surrounded by working class americans while he calls on congress to extend tax cuts for everyone, making $250,000 a year or less. republicans want the tax cuts extended for everyone, the wealthy included. the white house will be very busy framing the tax cut debate this week with events planned in new hampshire, nevada, colorado and florida. republicans as i mentioned want the tax cuts extended for all americans, even the wealthiest. at 7:00 eastern on starting point we ll talk about that position with tennessee republican congresswoman marsha blackburn. we have been warning you and now the time has come. hundreds of thousands of people are going to wake up this morning and computers will be dark. no web service.