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i m ashleigh banfield. good to have ali here all week. in the battle over the bush-era tax cuts, playing politics with your takehome pay and nothing hort of the presidency is on the line here. if the two parties can t agree on extending those tax cuts by the end of the year, a typical american family making $70,000 a year could get hit with a tax increase of $3,000. that is a lot of pain. right now house republicans are busy crafting a plan to extend those tax cuts for everyone across the board rich, poor and everything in between. this is a plan that cannot get through the democratic-controlled senate. the president making a big push to let those tax cuts expire for the wealthiest of us americans. here s what s at stake. we ve got the bush tax cuts are set to expire at the end of this year. and i feel very strongly that the middle class tax cuts, which would affect 98% of americans, should be extended further. now is not the time for a tax increase on the middl ....
it s 5:00 a.m. in the east. this is cnn breaking news. we begin this morning with breaking news. we have learned that president obama is holding a big event at the white house rose garden later today to resurrect the battle over the bush tax cuts. he will be surrounded by working class americans while he calls on congress to extend tax cuts for everyone, making $250,000 a year or less. republicans want the tax cuts extended for everyone, the wealthy included. the white house will be very busy framing the tax cut debate this week with events planned in new hampshire, nevada, colorado and florida. republicans as i mentioned want the tax cuts extended for all americans, even the wealthiest. at 7:00 eastern on starting point we ll talk about that position with tennessee republican congresswoman marsha blackburn. we have been warning you and now the time has come. hundreds of thousands of people are going to wake up this morning and computers will be dark. no web ser ....