i m erin burnett, outfront tonight,a major concession the president and leading democrats will drop a surtax on millionaires as the way to pay for the payroll tax cut extension. this is a huge step in breaking the impasse that threatened the tax cut and may have shut the government down again. here is the bottom line. the ds and rs each fought for one big thing this payroll tax battle and that is a nonstarter for the other side. the surtax for the democrats and the keystone pipeline for the republicans. now whether you love or hate either one of those ideas, the fact was this, both were deal breakers. we ve been saying this all week. and compromise really isn t that hard. here s the decent proposal we ve been putting out there as an example. extend the tax cut for those makes less than $75,000. that costs about $48 billion. but you can pay for it by charging more to mortgage lenders and more to millionaires for medicare. it actually comes out even. and there s a lot of differ
big move in washington in a major concession the president and leading democrats will drop a surtax on millionaires as the way to pay for the payroll tax cut extension. this is a huge step in breaking the impasse that threatened the tax cut and may have shut the government down again. here is the bottom line. the ds and rs each fought for one big thing in this payroll tax battle and that is a nonstarter for the other side. the surtax for the democrats and the keystone pipeline for the republicans. now whether you love or hate either one of those ideas, the fact was this, both were deal breakers. we ve been saying this all week. and compromise really isn t that hard. here s the decent proposal we ve been putting out there as an example. extend the tax cut for those making less than $75,000. that costs about $48 billion. but you can pay for it by charging more to mortgage lenders and more to millionaires for medicare. it actually comes out even. and there s a lot of different p
a woman married to a predator speaks out on the jerry sandusky case. let s go outfront. i m erin burnett, outfront tonight, breaking news with a big move in washington in a major concession the president and leading democrats will drop a surtax on millionaires as the way to pay for the payroll tax cut extension. this is a huge step in breaking the impasse that threatened the tax cut and may have shut the government down again. here is the bottom line. the ds and rs each fought for one big thing in this payroll tax battle and that is a nonstarter for the other side. the surtax for the democrats and the keystone pipeline for the republicans. now whether you love or hate either one of those ideas, the fact was this, both were deal breakers. we ve been saying this all week. and compromise really isn t that hard. here s the decent proposal we ve been putting out there as an example. extend the tax cut for those making less than $75,000. that costs about $48 billion. but you ca