$400,000. at this point, having a backup plan to make sure that as few american taxpayers are affected by this increase as possible. now no one expects that the gop bill will pass the democratic-controlled senate. in fact, harry reid said forget it, they re not going to be passing any of these things. but this is another option out this. and it does change the dynamics in terms of who s going to be blamed for raising taxes. we ll see how this plays out. among our guests on the topic this morning is dccc chairman steve israel, congressman from new york. plus, we ll also be talking more about what s at stake in washington and how the fiscal cliff is likely to effect investment decisions. we have value investor leon cooperman, he s going to join us on set starting at 7:00 eastern time. then at 8:00 eastern, we have black op co-founder and ceo ralph schlosstein. and lynn hutchins will join us. we ll talk about what they see playing out and what they think is working when it