jon: right now the payroll tax battle that we ve been talking about so much in washington is resolved at least for the negligence two months. next two months. house republicans agreeing to a short-term deal. this decision comes as an editorial in the wall street journal urged the gop to focus on the message they re sending voters. well paul gigot is the editorial page editor of the wall street journal and host of the journal editorial report . you didn t have a vote in this thing on capitol hill but you sure seemed to make things happen. i never made the career mistake of running for congress so, no i have more fun in journalism. but we did suggest that the republicans were losing this battle. jon: they were losing the pr battle. they were losing the political battle and they were giving the president the opportunity to pose as a tax cutter when in fact he has a lot of tax increases he supported and even more coming in 2013. jon: but overall, does this deal make sense? many
lower and that sort of thing. but instead, he sort of sided with the house republicans, in a way that i think ends up not working as well well, it helps mitt romney if we still presume him to be oh, right. it hurts obama. oh, yeah, well, we sort of missed that whole primary process. and it s interesting to note how those republican contenders are responding to all of this. let s listen to gingrich has tackled the issue of the payroll tax battle. i think, candidly, that it is disgraceful that the senate would pass a two-month extension and leave town, having failed to do the job. well, we re not talking about the sausage making process in congress. as you know, i happen to support the idea of extending the payroll tax holiday. i think this is a really interesting thing. gingrich s battle, the shutdown. the debacle that s happening right now is a reminder to the american public, oh, yeah, newt
the u.s. defense officials saying mistakes were made in a deadly attack and anyone traveling for the holidays, you have to listen up here. chad has some weather news for you. jessica yellin, the senior white house correspondent. we heard from you, the president putting the pressure on house leadership as he is really making this personal, personifying this ill pass to the american people. reporter: think about the stalemate the president faced earlier this summer where he was fighting with congress over a vague and confusing issue. the debt ceiling that didn t hit americans in any direct way. contrast that with this issue which hits americans directly in their wallet. if this isn t resolved by january 1, your average american family will see $40 less in their paycheck. it couldn t be more simple and a more clear argument for the president to be making, that congress should get its act together and resolve this one way or another. a very clear fight for the president to be h
i m erin burnett, outfront tonight,a major concession the president and leading democrats will drop a surtax on millionaires as the way to pay for the payroll tax cut extension. this is a huge step in breaking the impasse that threatened the tax cut and may have shut the government down again. here is the bottom line. the ds and rs each fought for one big thing this payroll tax battle and that is a nonstarter for the other side. the surtax for the democrats and the keystone pipeline for the republicans. now whether you love or hate either one of those ideas, the fact was this, both were deal breakers. we ve been saying this all week. and compromise really isn t that hard. here s the decent proposal we ve been putting out there as an example. extend the tax cut for those makes less than $75,000. that costs about $48 billion. but you can pay for it by charging more to mortgage lenders and more to millionaires for medicare. it actually comes out even. and there s a lot of differ
big move in washington in a major concession the president and leading democrats will drop a surtax on millionaires as the way to pay for the payroll tax cut extension. this is a huge step in breaking the impasse that threatened the tax cut and may have shut the government down again. here is the bottom line. the ds and rs each fought for one big thing in this payroll tax battle and that is a nonstarter for the other side. the surtax for the democrats and the keystone pipeline for the republicans. now whether you love or hate either one of those ideas, the fact was this, both were deal breakers. we ve been saying this all week. and compromise really isn t that hard. here s the decent proposal we ve been putting out there as an example. extend the tax cut for those making less than $75,000. that costs about $48 billion. but you can pay for it by charging more to mortgage lenders and more to millionaires for medicare. it actually comes out even. and there s a lot of different p