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Steve live at the white house. so tim geithner will lay out the white house plan at noon today. why today? could it possibly be the fact that perhaps as early as tonight during the debate out in arizona, mitt romney will reveal some of the broad strokes of his tax reform plan? on this program we ve been talk being how he needed something bolder. apparently he s got a bold plan. could hear about it tonight. tomorrow at the latest. gretchen: okay. that may be a smart move for him to energize his campaign. in the meantime, the president not only going to be given this speech about taxes, but now because of high gas prices, could it be that now tomorrow he s going to give an energy speech at the university of miami? well, let s take a look at the national average. would you be giving a speech if suddenly the national average for gas a gallon was now 3.58? what is the president going to say? yesterday his own spokesperson said a lot of what he s going to say is what he said in his speech ....
That that guy is making $0.02 a gallon on that gas. there s no way. he could be making 30, 40, $0.50 a gallon. new york national average, if you can go to triple a, maybe we can get the producers to do it, find out what the new york national the new york state average is. if it s $3.58 or $3.60 or $3.65, he s got a $4.50 on there, something is wrong. we have a lot of different problems here. we can have gas stations maybe gouging and charging that s a problem when prices go up. bottom line is prices are going up and my question to you this morning is the expert on the couch on this issue, why? why are prices going up? well, number one, it s going into the driving season. peak demand hits around may or june. so it starts its way out its annual trek higher but number two, there s huge tension in the middle east. iran is enriching nuclear facilities, they re enriching plutonium. ....
bret: gasoline continues to cover around $3.58 a gallon, where it was a week ago. gold plunged $104 an ounce today to close at $1757. employee benefits consultant says nearly up with of every ten midsize or big companys expects to stop offering health coverage once federal insurance exchanges begin in 2014. the exchanges are key part of the president obama healthcare law. another consultant found similar result earlier this summer. of course, the healthcare law will be a big factor in next year s presidential race. so will the subject of jobs. correspondent molly henneberg tells us the president, republican candidates and the big labor are all looking to use that to their advantage. reporter: it s becoming a key part of the stump speech. g.o.p. presidential candidate mitt romney in new hampshire today, championing the right ....
bret: gasoline continues to cover around $3.58 a gallon, where it was a week ago. gold plunged $104 an ounce today to close at $1757. employee benefits consultant says nearly up with of every ten midsize or big companys expects to stop offering health coverage once federal insurance exchanges begin in 2014. the exchanges are key part of the president obama healthcare law. another consultant found similar result earlier this summer. of course, the healthcare law will be a big factor in next year s presidential race. so will the subject of jobs. correspondent molly henneberg tells us the president, republican candidates and the big labor are all looking to use that to their advantage. reporter: it s becoming a key part of the stump speech. g.o.p. presidential candidate mitt romney in new hampshire ....
The house, you still have time here in washington. would either of you go on recess while this remains unresolved? no. i m here in washington. no. i think we need to resolve this. we need to get busy and put revenues as well as savings on the table. stop just essentially saying something can t even be discussed. that isn t adult discussion. we know you are both working on the issue and not something that will be easily solved so we thank you to keep working in washington. it will be a long hot summer. thank you. thank you. . if you have been putting off summer get-away because of the high gas prices you might be in for good news. the average price of gas is $3.58. in the last seven weeks the price dropped 38 cents. this week s decision by the u.s. and other countries to release 60 million of barrel from strategic reserves is expected to push the price ....