let s go outfront. we have breaking news on the crisis in syria. it could be the most significant development since the uprising began a year ago. at this hour, it is reported that a possible peace deal is in the works. this is one that has the backing of arab states, it s a draft resolution being circulated by saudi arabia which condemned the actions in syria today. we re getting word this is making its way through the u.n. general assembly. we re trying to confirm this report. we ll have an update as soon as possible. one again breaking news on a possible peace plan for syria. now to our other top story. groundhog day, failure on repeat. the president is going put out his budget on monday. it s going to let the bush tax cuts expire on people make being over $250,000 a year. excuse me. impose a minimum effective tack rate on millionaires. make cuts to health care and run a trillion dollar deficit. it s pretty much like the budget he passed last year which didn t pass. it
we have breaking news on the crisis in syria. it could be the most significant development since the uprising began a year ago. at this hour, it is reported that a possible peace deal is in the works. this is one that has the backing of arab states, it s a draft resolution being circulated by saudi arabia which condemned the actions in syria today. we re getting word this is making its way through the u.n. general assembly. we re trying to confirm this report. we ll have an update as soon as possible. once again, breaking news on a possible peace plan for syria. much more on this as the bottom of the hour. now to our other top story. groundhog day, failure on repeat. the president is going put out his budget on monday. we know what s in it. it s going to let the bush tax cuts expire on people make being over $250,000 a year. excuse me. impose a minimum effective tack rate on millionaires. make some cuts to medicare and run a trillion dollar deficit. it s pretty much like th
celebrating because today s job news might really start to seal the deal for re-election. that s his hope unemployment in america fell to 8.3% as the country added 243,000 jobs. the recovery is speeding up. and we have to do everything in our power to keep it going. which reminds us of another president who found himself in a similar situation during his re-election year. i am pleased to report that america is much improved. and there s good reason to believe that improvement will continue through the days come. raegen won on this. it s morning again in america. today, more men and women will go to work than ever before in our country s history. with interest rates at about half the record highs of 1980. tonight, we ask a question we asked before, actually last menth when the jobs picture improved. is this morning in america for barack obama. in january of 1984, months before reagan was re-elected, the unemployment rate was 8%. compare that to today s 8.3%. by the
celebrating because today s job news might really start to seal the deal for re-election. that s his hope. unemployment in america fell to 8.3% as the country added 243,000 jobs. the recovery is speeding up. and we have to do everything in our power to keep it going. which reminds us of another president who found himself in a similar situation during his re-election year. i am pleased to report that america is much improved. and there s good reason to believe that improvement will continue through the days come. raegen won on this. it s morning again in america. today, more men and women will go to work than ever before in our country s history. with interest rates at about half the record highs of 1980. tonight, we ask a question we asked before, actually last menth when the jobs picture improved. is this morning in america for barack obama. in january of 1984, months before reagan was re-elected, the unemployment rate was 8%. compare that to today s 8.3%. by th
we go there tonight. let s go outfront. good evening. tonight, the super rich surtax. okay, i keep stumbling on that one. but president obama today went on the road to press a theme from his state of the union address telling millionaires they need to pay up. if you make more than a million dollars a year you should pay a tax rate of at least 30%. all right, the president s proposal would affect about 240,000 tax filers across the country. an expert tells us it would effectively raise the top margin rate about 44% for millionaires. now, that s the highest it s been since the middle of this guy s administration when he was cutting taxes. now, putting aside the debate over whether it s fair, here s the math. taxing this dplup would bring in $41 billion in revenue a year. that adds up to about 380 billion over ten years. thanks to david logan for running the numbers for us. that sounds like a lot of money, right? but here is an interesting thing. compare it to our debt a