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and good evening, everyone. i m erin burnett outfront tonight. the senate voting right now on the buffett rule. senate democrats called for a vote on the so-called buffett rule today. it is one of the president s election year priorities. it calls for people who earn a million dollars in adjusted gross income to pay a minimum tax rate of 30%. now, the left-leaning group moveon.org was chick to jump into the debate. target number one, mitt romney. when the wealthiest 1% pay a fair tax rate like the rest of us, it keeps the american dream alive for everyone. so tell mitt romney are cute. 1% fat cats that won t pay their fair share? not so much. okay. we did the math, though, and the buffett rule doesn t add up to keeping the american dream alive. it would raise about $4.7 billion a year in revenue. one-half of 1% of $901 million. that s the president s forecasted budget deficit for 2013. already those who earn over $1 million in this country pay a greater share of the ....
economic message. he said he was the candidate of change, but you still have 25 million people out of work. you still have almost 10% unemployment here in florida. you still have home values down and continuing to go down. you still have record number of foreclosures in florida. you still have median incomes suffering, middle income families suffering. florida is an epicenter of the housing crisis that put us into the great recession of 2008 and 2009. cnn senior political analyst david gergen joins us from jacksonville. david, mitt romney is not only focused on president obama, he s got newt gingrich to deal with as well. florida was one of the states that was hardest hit by the housing crisis. its unemployment rate remains above the national average. so is tuesday s primary going to end up as a referendum on whether voters who are focused on the economy can get behind mitt romney as the man to best fix it? reporter: probably so, ali, but i must tell you this has ....
you still have almost 10% unemployment here in florida. you still have home values down and continuing to go down. you still have record number of foreclosures in florida. you still have median incomes suffering, middle income families suffering. florida is an epicenter of the housing crisis that put us into the great recession of 2008 and 2009. cnn senior political analyst david gergen joins us from jacksonville. david, mitt romney is not only focused on president obama, he s got newt gingrich to deal with as well. florida was one of the states that was hardest hit by the housing crisis. its unemployment rate remains above the national average. so is tuesday s primary going to end up as a referendum on whether voters who are focused on the economy can get behind mitt romney as the man to best fix it? reporter: probably so, ali, but i must tell you this has become such a personalized race. romney and gingrich have gone mano a mano in the several debates and we ve ha ....
i do not understand except by god s grace people can survive some of the damage that i see in some of the rest deposition areas and the total destruction of some of the houses, especially over in the clay area. bill: last april, you remember, that state was hit again. twisters killed 242 during the storms. martha: last night the president said that he believes the defining issue of our time is how to keep the american dream alive. he talked about american promise as well. there is no doubt that the battle over how to do that will be the central choice that voters will make when they go to the polls this november. here is how the president framed his side and his take on it last night. no debate is more important. we can either settle for a country where a shrinking number of people do really ....
Stopping foreclosures is hurting the market. dead wrong that argument. if my neighbor is fore foreclosed on i have an abandoned building next to me. you got a house six doors down that goes into foreclosure and the bank tell sells for 60 cents on the the bank sells for 60 cents on the dollar is we have to get through it and then begin to rise. bret: it is a bite the bullet solution that crockett admits will cause significant pain for americans who bought into the housing boom at the wrong time. what about the people who sat it out? i want able to afford the area i wanted or the type of house i was looking for. bret: keeping the american dream alive, after the break. ....