Page 41 - Rate Increase News Today

And they want to cut food stamps and cut school lunch programs, and thirdly, they want to p protect the wealthiest estates from any changes of the estate tax because they will have to give something on the rates, and they want to push the threathold of the rate increase as high as they could and go back to the $400,000 that they were offered from the president before. >> right. >> and all of that is absolutely true, and also in addition, what we are looking at of course is the poll numbers. when...

If i have this straight here, for what amounts to 8 1/2 days of government spending. hes willing to raise everybodys taxes and hold the country hostage over the issue and the economy hostage because he so wants his rate increase for 8 1/2 days of spending? tell me where the sense in that is. >> you know, you know, ill give you this. you are strong on principle, sean. but let me tell you something, you are way, way out of line with the thinking of the american people. its something like 60% now, ...

If i have this straight here, for what amounts to 8 1/2 days of government spending. hes willing to raise everybodys taxes and hold the country hostage over the issue and the economy hostage because he so wants his rate increase for 8 1/2 days of spending? tell me where the sense in that is. >> you know, you know, ill give you this. you are strong on principle, sean. but let me tell you something, you are way, way out of line with the thinking of the american people. its something like 60% now, ...

Republicans on a more moderate side, theyre just not going to give it all away. they want these spending cuts, and thats where youre having the real problem. democrats arent going to go along with something significant enough for republicans to agree to a rate increase. dont forget, youre still going to need a couple dozen republicans even if democrats are the ones who pass the bill in the house. you need republican support. and a lot of them just arent willing to do it without those spending cu...

Hostage when they dont get what they want. they realize their back is against the wall on tax rates for the rich, so they are turning their attention to another target, and its a familiar one. here is tennessee senator bob corker talking about tax rates for the top 2% of americans. >> a lot of people are putting forth a theory, and i actually think it has merit where you go in and give the president the 2% increase that he is talking about, the rate increase on the top 2%. >> as usual, there is ...

Talking about, the rate increase on the top two percent. and, all of the sudden, the shift goes back to entitlement. >> well, senator, some republicans are aware if theres no fiscal agreement by the end of the year, republicans get the majority of the wlam. 53%, just 27%, blame the president. joining me political analyst michael steel and managing editor. thank you both for joining us. this is a fascinating time. i picked up the paper this morning, joy, and i noticed progress. i know its for the...

He is talking about, the rate increase on the top 2 percent, and suddenly the shift goes back to entitlements. >> when the two sides are beyond the fiscal cliff deadline they have to raise the debt ceiling which can be used as leverage. >>shepard: doctors had given up on saving a little girl with leukemia and now she is alive and her cancer is in complete remission. how did they do it? there is an experimental therapy that saved her. and they tell us it could revolutionize cancer treatment. it h...

Forth a theory, and i actually think it has merit where you go ahead and give the president the 2% increase that hes talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlements. >> if speaker john boehner ends up with senator corker has just said he is we will get a large agreement. but speaker john boehner hasnt said that, and so we democrats realize that there have to be two sides to this bargain. jon: special report anchor bret baier joins us now in...

Talk about the implication of the looming fiscalcally. karl rove is former top advisor to george w. bush and joe trippi veteran democratic strategy. we thought it worked with the electoral map and fiscal cliff, get them a room and try to it. welcome back. >> good to be back. >> bret: a different channelchallenge. we talked about taxes. lets start there. the compromise. how do you get the compromise. joe, start with you. >> the president is asking for $1.6 trillion in revenue. there is no way, th...

Its true. yall dont like that, huh? we can solve this problem. all congress needs to do is pass a law that would prevent a tax hike on the first $250,000 of everybodys income. everybody. that means 98% of americans and probably 100% of you. >> in some republicans are slowly but steadily fatesing a reality on the fiscal negotiations. leading the way, senator bob corker of tennessee. >> there is a growing group of folks that are looking at this and realizing we dont have a lot of cards as it relat...