0 american story we have and we ourselves read on hoping the latest adaptation of the great gatsby will give the experience we got reading it all that time being in the presence of a true american dreamer, the kind of person who built this country and matched his dreams with a really good try. that s hardball for now. thanks for being with us. all in with chris hayes starts now. good evening from new york. i m chris hayes. thank you for joining us. i ll be joined tonight by senator elizabeth warren who introduced her first piece of legislation, a pretty brilliant one, to help level the playing field for people buried in debt. and a report from the huffington post, a company set to make a fortune on the back of college students. another senator takes a stand on science, reason and the divine all in the name of our species. and then click 3. we begin with president obama in texas today for the second time in as many weeks. how and where the president spends his time is probably
0 important growth is. that s the take away from texas, when you re at a place growing and i was recent lin austin and it s growing, a lot of things come good and a lot of things challenges presents. that s what we need and precisely enough what washington doesn t seem that interested in bizarrely. right. in the short term, there has been a lot of growth. if you look at what we need to do on the federal budget picture, in the long term what is missing is this basic idea we can have not just government investment but actually the kind of immigration that brings people in and allows people to spend money in their community. that s part of the story in texas, too. big population growth and immigration and this psych wrinkle people are moving there, economy is booming and more people move there. part of the question is why is it texas growing? if someone is immigrating to the u.s., they can go anywhere. i think one of the key parts of the story because it doesn t fit the rights or left
paid into their social security their entire working life, according to the social security administration, people in that position under the current formula have an average onthly benefit of $1,435, or about $17,220 per year. under the cost-of-living adjustment for 2012, that benefit would rise a bit to $1,986 a month this year, or about $23,832 a year. but under the chained c.p.i. proposal, that sum would be less. it would be about $1,880 a month, or $22,2560 a year. that s a cut over $22,560 a year. that s a cut over 5%. more, if you go further into future years. in other words, it gets worse and worse. the other problem is that the people who rely most on their social security benefits, people who are older, people who have illness, are the ones that sadly the chained c.p.i. does the worst job of accommodating. in fact, the group that gets the biggest fica tax hike is families making between $30,000 and $40,000 a year, dead center in our middle class. their increase wou
gina mccarthy as cuba looked when uncle fidel passed the hammer and sickle to his little brother raul. thank you so much for joining me, darren. thank you. it s interesting because as you point out in the article, mccarthy brings bipartisan credentials to the job encolluding as the regulator under then massachusetts governor mitt romney. but like chuck hagel, you can have an affiliation with republicans and doesn t mean that conservatives will not still come after you. what s at the heart of these issues here? well, i mean, i don t think she s another chuck hagel. no. i don t think the white house has to work that much. over time for this. i think she is going to be fine. i think that at the heart of that is, even if you talk to those in the regulated community, even those that may not like what epa does, they like her. they like the fact that she ll talk with them. she ll discuss problems. she ll even address them to a certain extent in the rule
possible flooding and power outages as you mentioned. reporter: yeah. and the poor folks in that area where sandy was affected and we were there, it s been a situation where they just can t get ever get a leg up on things. each time they begin to make progress, another one of these winter storms moves through and just batters that area. so it s making it difficult to progress. not only with the cleanup of sandy but then having to pile more snow and ice on top of all of that. it is just a terrible go. as you talk about, if things go the way they re forecast, that area again will see more snow by the weekend. all right. jay gray, thank you very much. i m sure we ll speak with you. thank you. a day after president obama announced the nominee to be the new head of the epa, jenna mccarthy is targeted by some conservative groups to derail the nomination. the american energy alliance is comparing her and former epa headley is a jackson to cuba s castro brothers saying the epa will look