hundreds of billions in additional cuts, ending the payroll tax break, ending jobless benefits and they get the opportunity to create a new debt ceiling crisis in a few months. that s on the republican side, what the republicans get in their proposal. what do the democrats get in their proposal? they get this. a promise to end undefined tax deductions and loopholes of some kind at some point maybe next year e. ta da! a fair and balanced middle ground. unfortunately, the speaker s proposal right now is still out of balance. yes. balance. here s the amazing part, though. after congressional republicans released their plan yesterday, which gives them everything they want and promises democrats that they might get something undefined that they might want maybe some time in the future. we ll talk about it later. after they put forth that sweet deal, this was the reaction from the beltway s conservative class.
corporate profit beneficiaries, their wage growth is the lowest on record year-over-year than at any time in this survey which began in the mid 1960s. so contrast that with your corporate profit point and think about in the context of taking the payroll tax break out of the system. that s $1,000 bucks for a median earner. an attack on the middle class. professor james peterson and jared bernstein, thank you so much. next the gop civil war. yes, this tilt is a little more lively than the war on christmas. stay with us. time for the your business entrepreneur of the week. lauren wanted to introduce the corrine dish kimchi to mainstream america. she created mother-in-law s
living. they should pay their tithes examine offerings like everybody else. i don t think taxpayers should have to pay for that. not for free, anyway. reporter: for now the policy remains in a cool district with a unique mix of brain and beauty. gary tuckman, cnn, buffalo, new york. and we continue along here. top of the hour. welcome back, i m brooke baldwin. a couple stories. you better check your accounts. dow hits a big milestone today. and protesters shout death to america in the streets. time to play reporter roulette. allison, i want to go straight to you. at the new york stock exchange, we ve been talking about how we ve been flirting with the number. we hit it today, the magic number 13,000. i know we talked about how it s psychological in terms of importance, but it s more than that. it is more than that. yeah, it is an important that psychological mile tone, but it s also a confidence booster. the average person, brooke, looks at the dow as an indicator
visited the white house website. they shared how losing the tax cut would have impacted their daily lives. so congress did the right thing here. they listened to the voices of the american people. each side made a few compromises. we passed some important reforms to help turn unemployment insurance into reemployment insurance, so that more people get training and the skills they need to get back in a job. the president has promised to sign the bill into law when it hits his desk a little later on this week. the arizona sheriff who was publicly outed by an ex-gay lover and then went ahead and quick the mitt romney arizona campaign says he is not a hypocrite. during an interview with wolf blitzer, paul babeu says the scandal is a smear campaign meant to derail his gop congressional bid. this is outrageous that this has been brought up because i m a conservative republican and now they think that somehow there s hypocrisy because i m gay. i ve never worn it on my sleeve,
jersey. we ll go there live. plus, a 29-year-old man is alleged to blow up the u.s. capitol. we go live to d.c. a cincinnati high school is paying students to attend. yes, you heard me. they will give money to students to attend school, get good grades and pay attention in glass. tweet me. here are some of the stories we are following this morning. opposition activists in syria say the military took shots at them during demonstrations and funerals in damascus today. as many as 61 people were killed yesterday in the government crackdown. we are told by one activist the syrian military is planning an all out assault on a neighborhood in homs today. it s been the center of the uprising. wages are going up by as much as 25% at a chinese factory that makes apple ipads and iphones. a labor rights organization arrived to look around the factory complex. that included representatives from apple. factory owners are caught under fire since a rash of suicides. workers will now m