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Out of their social security account. the president wants to lift the income cap on social security taxes, which is now around $107,000 a year. and in his speech today, the president may have unwittingly stumbled upon the reason republicans really want to cut education spending. >> how many of you who are in the audience have got an pell grant to help you pay your way? how many of you can't afford to pay another thousand dollars to go to school? i know what this is like. scholarships help make it possible for me and for michelle to go to college. it's fair to say i wouldn't be president if it ...

Lifting the payroll tax gap. these things are in law. >> it's dangerous. >> if you follow them, you go there. >> in all fairness, you may not like my rhetoric, i don't like your math. i don't think raising these taxes will solve this problem. we still have to grow as a nation. we can disagree on that. i think your math is as rhetorical as you think my rhetoric is. >> you think if we just let the payroll tax apply and do income over $107,000, we would cease to grow as a nation? >> again, you oversimplify. you believe all we do is raise from 107 -- about 116, 116 to 216 or 316 solves our problem...

Weekend, scott walker seems to be on the defensive. the democrats are talking about coming back because they think they've won there. >> wisconsin continues to be a big story. "the new york times" is reporting that talks appear to have broken down by wisconsin governor scott walker and the state's awol democratic senators. despite not reaching a compromise, one of the 14 democrats who fled to illinois last month say it's now conceivable that he and his colleagues will return at some point in the future. that development comes as the crowd in madison dwindled somewhat with an estimated 12,000 c...

Place he's suspected of robbing and dropping tens of thousands of dollars sometime days gambling and losing. by january 22nd, you know, five weeks after the heist, police said that he had lost a total of about $107,000 at the bellagio alone. >> is that why they started to look at him? >> yeah. well, police actually got word of him rather quickly. only eight days after the heist a bellagio dealer came to police and said three days prior to police he was talking to car leo and he basically outlined the plan of how he can rob a casino. he said, you know, all i need is a black full fais helmet, mo...

Bubbled, $85,000. by this year the value reaching $107,000. but it wouldn't sell. not at $79,900. and just last week reduced to $64,900. there are 4 million other homes just like this. good for buyers if you ask one important question -- how long will you stay? >> if you're a first-time home buyer planning to be in the house at least five years, five to ten years, it's almost a no-brainer now is the good time to be in the marketplace. we haven't seen rates that low in the past 30, 40 years. >> reporter: you saw the value of that home drop. precipitously. economists i spoke to said across this ...