manchin, senator from west virginia s daughter is ceo of a company called miland, merging with a european company and moving its tax base out of the u.s. to the netherlands. that s the kind of problems with inversions that are costing the treasury a huge amount of money. why isn t going to change? why can t we lower the corporate tax rate here, repatriate, agree. the obama administration has proposed to stop this practice. congress won t do anything. what about lowering the corporate tax rate, would that help? they re always going to complain about it unless it goes down to zero honestly. for many of these companies, it is close to zero. i don t know what the ge rate is, it s not 35%, not even close. they already have a lot of ways to reduce their taxes. but the last time we had a tax holiday, a lot of money came back, so that s what they re hoping for again. okay. gretchen morgan son, thank you
the better answer would be we worked hard, made a bunch of money, life has been good to us and now we intend to put it back by going into public service. ain t america great. mika, a lot of other news to get to. other political news that could have an impact on the midterms. reportedly coming out, democrats have been fund-raising and they ve been outfund-raising their republican counterparts. the new york times reports that democrats running for senate raised more than their opponents in kentucky, north carolina, alaska, colorado and louisiana. it wasn t just the candidates. according to the times, the democrat campaign committee beat the republican one, has a $6 million cash advantage, willie. so democrats doing better than republicans. nick is here with us. take us inside some of these numbers. what s behind this big cash coming into the democratic party. incumbency is a big part of
pulled up about $3 million. by comparison he raised $20 million at the end of the entire 2008 race. go back to lungren grimes, she s done extraordinarily well for a first-time candidate in a national race. everyone wants to beat mitch mcconnell on the left. he s the poster child for the senate republicans. out of state money on both sighs. it has a lot of money from out of state. both these candidates are going to have a ton of money backing them and in their own coffers. according to a maris poll, jean sheheen is hanging on to an 8% lead over scott brown. in another pivotal senate race, joanie ernest is surging,
new jersey would help chris christie perhaps in primaries, but would hurt him in the general election. chuck just said what s the case which is that actually the opposite is true. chris christie is more of a help to terry branstad in a general election than he might be in a very conservative primary. i think that also is a really good sign for chris christie moving forward, that branstad wants him to go there as we move closer to a general election. i think we re trying to divide a line here. but there s obviously the element that chris christie is a political celebrity. he s a dynamic figure. i don t think any of the controversy in his past has changed the fact that he s a dynamic figure. in fact, it s enhanced it. he s a prolific fund-raiser. i know talking to republican operatives he can bring in more money for them in these events than anyone else save perhaps mid romney.
elizabeth warren helps generate money from l.a. and new york which she desperately needs if she wants to go toe to toe to capito. we ve been talking about it this morning, the president s low approval ratings, in state after state where the races are going to be run, we knew the senate races were going to be run in red state territory six months ago. we re seeing the numbers, the president in the 30s in new hampshire and iowa, the two maris polls we talked about today, your piece has him in the 20s, is that one of the reasons why you say some democratic outsiders have already counted her out of this race? without question. the president is clearly shifted the terrain dramatically in west virginia. if you think about senator joe manchin was able to pull that out. part of that is his own legacy in the state. part of it was president obama hadn t been in office all that long. i think the other piece of this is the map is just so big right now for democrats that, if you