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The so-called plan b, which boehner had the cap on tax increases at $1 million. now theyre going to vote on it 450, which is less than half that. the thing so many republicans said we have to address the amount of money we spend in this country. when you look at the ratio between the tax hikes and the spending cuts, its jaw dropping. $620 billion in new tax hikes, but theyre only cutting 15 billion. if you want the ratio, thats 41 to one. for every one dollar in spending cuts, they increase taxe...

House democratic leaders regarding the senate bill that was agreed to in the early morning hours. that bill would let income tax rates rise for the first time in 20 years, maintain unemployment benefits for millions of people, also blunt the impact of spending cuts that were looming as part of that so-called fiscal cliff. just to briefly summarize for you, the senate bill will raise taxes on incomes of $450,000 for couples $400,000 for individuals, cuts $15 billion in spending while increase tax...

Spending while increasing tax revenues by $620 billion. that is a 41-1 ratio of tax increases to spending cuts. so who are the winners and losers? well play a little game. i will toss out some names to you, you tell me winner or loser. well go down the list. richard, start with you, president obama, john boehner, winner or loser? >> i think both of them are winners for different reasons. the president won. obviously showed winning an election and staying on message is a winning strategy. he got ...

>> it now goes to the house where a lot of republicans are going wait a minute, we just got reelected a couple of weeks ago and we said wed never raise taxes. you cant expect us to do that. whats it going to do? >> i think they should run from this as fast as they possibly can. this is such a bad deal for the republicans. one of the best things about their brand is they have been principled against tax increases. they realize we have a spending problem, not a revenue problem. to then turn around...

The spending cuts? there are very few of them in the bill. there are 620 billion in tax increases but only 15 billion in spending cuts. thats going to be unpalatable for a lot of republicans in the house who believe they were sent to washington with one mission: to cut spending. the bill raises tax rates on inces over $400,000 for individuals and $450,000 for couples. it blocks for two months spending cuts or sequestration to military and government programs. it extends unemployment benefits for...

Not be voted on there until voted n in the senate. not until house leadership has had time to review the bill. tax on high income earners, it will produce $620 billion in revenue. unemployment eninsurance, $30 billion from one year, not going to be paid for with other costs. there are no spending cuts in this bill that. is going to happen -- have to be taken up at a later date. so big question mark whether or not the house, republican led house is going to go for that. back to you. >> a vote at ...

Not be voted on there until voted n in the senate. not until house leadership has had time to review the bill. tax on high income earners, it will produce $620 billion in revenue. unemployment eninsurance, $30 billion from one year, not going to be paid for with other costs. there are no spending cuts in this bill that. is going to happen -- have to be taken up at a later date. so big question mark whether or not the house, republican led house is going to go for that. back to you. >> a vote at ...

Goes. heather: has he really negotiated over spending cuts? this bill, as is, a 41 to 1 ratio of, you know, tax increases versus spending cuts. according to the congressional budget office, this bill cuts only 15 billion in spending while increasing tax revenues by 620 billion. so, you know, given an opportunity as you said to put some amendments in here, what do you think the house will go for first if they decide to go that route? >> well, look, it depends on what house republicans want to do....

Site where bible says jesus walked on water for pilgrims to take a dip in the sea but do it with clothes on as opposed to this case. martha: you see inclination to want to do just that. dozens of lawmakers were on the trip. well talk to one of them. next hour well ask arizona congressman ben quayle who has a different take on his reasons for doing the same. he will be here coming up in "americas newsroom." at 10:30. bill: there is a huge milestone now on wall street. apple is now claiming the ti...

I would rather talk about liverpools fantastic start. losing 3-nil. >> i dont feel bad anymore. lets talk about apple. richard and i do not want to talk about the reds. miserable. apple is now, i guess, brian, the biggest company in america ever. >> it is on a sort of a nominal dollar basis. so the market capital of apple is the biggest ever. $630 billion. give or take a few billion. they surpassed microsoft, which was 620 billion back in 1999. hard to believe, but true. if you adjust for inflat...