Class tax cut as first part of any deal. And he linked republicans to scrooge today while touring a pennsylvania toy factory. Listen. If congress does nothing, every family in america will see their income taxes automatically go up on january 1st. Every family, everybody here, youll see your taxes go up on january 1st. I mean, im assuming that doesnt sound too good to you. That is sort of like the lump of coal you get for christmas. Thats a scrooge christmas. Thats pretty scroogy, right . President obamas proposal calls for 1. 6 trillion in new tax revenue. 50 billion for new stimulus spending. And about 400 billion in entitlement cuts. Republicans say, the president s proposals nothing but a political stunt. Here is boehner. The white house spends three weeks trying to develop a proposal and they send one up here that calls for 1. 6 trillion in new taxes, calls for a little not even 400 billion in cuts, and they want to have this extra spending that is actually greater than the amount
Republicans and democrats now have just 32 days to make a deal or your taxes are going up and more than 1 trillion automatically will be cut from vital federal programs like defense, education and housing assistance. As referred to as the fiscal cliff. And when it comes to doing something to avoid it, House Speaker john boehner bluntly told reporters today, there is a stalemate. For his part, president obama is trying to break that stalemate by asking voters to put more pressure on the republicans. Cnn chief White House Correspondent Jessica Yellin and chief Political Correspondent Gloria Borger join us right now. Gloria, guess ill start with you. Does the president have any leverage . He has a lot of leverage right now. I mean, if you look back to the debt ceiling in the summer of 2011, you recall the president was accused of negotiating with himself because it was sort of a time of weakness for him. Right now, look, joe, hes just won reelection. 67 of the American Public according to
Year to 476. That just happens to be a number that is greater than the Coalition Troops serving in afghanistan during the very same period, so think of that. Chicago is in a very real sense a war zone. Patients keep coming and they come and they come, like machine gunfire. You can expect this to happen every single night. For the past several years, 360 has been covering the growing epidemic of gun violence on chicagos south side. Good evening. From the south side of chicago, a tough neighborhood with strong people reeling from a killing spree that cannot be ignored. There are no easy answers but the problems are too important to ignore. Were in chicago tonight, a city in crisis. Kids are dying, shot, beaten, murdered in these streets. The videotaped beating of derrion albert, an honor student, brought washington bigwigs here today but is anyone paying enough attention to whats happening to our kids . We have gone to chicago a number of times over the last several years to report on th
interesting is some of these same senators actually supported the treaty before they voted against it. some even pledged their support very publicly. senator roy blunt of missouri was a flip-flopper and kay bailey hutchinson of texas and senator jerry moran of kansas. we asked them all to come on the program and they declined. they re silent on this. senator moran was a co-sponsor of the measure to ratify the treaty. he even put a press release back in may proclaiming his support. here he is with bob dole in june. dole, a war veteran, former republican senate leader is a long-time supporter of disability rights and a strong advocate of this treaty. just before tuesday s vote he came to the senate chamber 89 years old frail in his wheelchair. he thought it was that important to make a difference. it didn t. some of the senators like senator moran broke their word and blocked the treaty. others voted now and we don t know why. you see the names on the screen there. today we cal
scream heard round the world when he ran for president. yeah! dean says let s face it, america. taxes need to go up for everyone. now, this might not be what you expect from someone like howard dean. it s certainly not the president s position or the position of most americans. another new poll out today shows most people like the president s ideas of only raising taxes on other people, specifically the top 2%. individuals making over $200,000 a year or families making over $250,000 a year. the problem is according to the congressional research service, the math doesn t add up. that tax hike would give $678 billion in additional revenue over ten years. remember, we re $16 trillion in the debt hole. if we go with howard dean s idea, we have $2.8 trillion for 17% of the debt. adam davidson is the co-founder of npr s planet money, and he did the math. he wrote in the new york times a while ago a set of numbers that stuck with me. that increasing the middle class tax burden a