this is cnn breaking news. we are following significant breaking news this morning. sources tell cnn a hostage deal between israel and hamas could be announced as soon as today. here are some of the details. we are told the potential deal calls for the release of 50 women and children. in exchange, a four to five day pause in fighting and three palestinian prisoners swopd for each civilian hostage released, 150 being held. sources say israel and hamas are still working on the names of those who would be released. officials are hoping that one of the first will be 3-year-old abigail here. she is the youngest american hostage. her parents were killed by hamas. we spoke with her great aunt a short time ago after this news broke. she is cautiously optimistic here is more of what she told us. we can t get our hopes up in a way that just believes it s going to happen right if in the next couple of hours. when i think about that on friday is abigail s fourth birthday and she s
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