china coming in into the u.s.. gregg: i bmw, hyundai, honda and you got american companies, g.e., boeing, apple, michelin, they like that southeastern region because that is where the unions aren t. final quick question, if congress fails to strike a deal it will get a whole lot worse? the cbo which is supposed to be non-partisan we re going into a double-dip recession. a lost taxes. you look at your paycheck, the first one in january you are going to see a lot less money. gregg: it s not just the expiration of bush tax cuts, but payroll tax goes back up. then there be will be fewer services. there will be a lot out there. merry christmas. [ laughter ] gregg: okay, we re trying to be positive. she smiles a lot on bulls and
he said michigan will be attracting a lot more business. brian: it was already on the come back trail . they looked in michigan at wisconsin and dine doin. the republican governors took a hit. but when the economy turns around in their state, their approval rating goes up and that s what jeb bush is saying real leadership. gretchen: a lot of protestors in michigan and in wisconsin as well . people for the most part don t like change. we feel comfortable in our lives and if you are in a union and doing well and look forward to your pension, why would you want that to change, you don t. that s why people come out and protest. the problem i have is not the freedom of speech, it is it the violent aspect that ends out where there is supposed to be tolerance and it often doesn t work that way.
steve: carved out. brian: carved out of this right to work movement. that s a little different. but andy was talking about the general manufacturing in the big picture. look, unions aren t illegal. you can check a box and be a member of a union. gretchen: that s all about choice. think the message behind it s a wonderful life is outdated? proof the christmas spirit is still alive even in black and white coming up. steve: the richest man in town. and washington s got a new plan to bail out college kids. automatic withdrawals from their bank accounts. is that a good idea to pay off student debt? the law maker behind the proposal joins us live as we roll on live from new york city. brian: he s pro-garnish. scientists say that they have found evidence of cheese being made 7,500 years ago. isn t that amazing. 7500 years ago. yeah. the evidence was found in a 7-11 nacho bar. [ laughter ] the capital one cash rewards card
steve: america s students racking up debt at record pace, in fact, according to the federal reserve, bank of new york, student loan debt now topping a trillion dollars and it s just getting bigger every day. so what should we do about it and what happens if our college grads fail to pay off their loans? joining us now is wisconsin congressman tom petary. he has a student loan repayment plan and joinses from our nation s capitol. good morning to you. good morning. steve: we ve got a trillion dollars in debt right now and we ve heard some of your colleagues on capitol hill have said, you know, some of these kids are really struggling. we should forgive them after 20 years. there are a number of bailout plans out there, aren t there? there are a lot of bailout plans and it sounds like you re being a good guy to bail out the students, but you re bailing it
right. mr. president take a look. farrah play. brian: number one john boehner told everyone in the house plan on coming back after christmas. he said we might do a plan b extend the bush tax cuts. except for those making over $250,000 . reopen the debate for the debt ceiling. time seems too short to get this done and written up. gretchen: this is not about time. it is it about people standing their ground. negotiations go up to the last finite minute. people can stand at the courthouse. mr. #1: dont like the way it is working. gretchen: if they wanted a deal done. steve: the president doesn t want a deal. gretchen: they go to the last minute. they should fedex, the poll. income tax go up should the