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Over 10 years but the limit raises another 4 billion so it is not peanuts it is real money. john: the biggest $317 billion payroll and investment tax? image that supposedly is the tax hike on the wealthy. if you make over $250,000 your medicare tax you pay a premium zero point* 9%. it goes up by almost 1% then there is a tax on investment of three point* 8%. john: obamacare it has the high medical bill tax? >> right now you can deduct medical expenses if they are over seven point* 5% of your income but obamacare raises the threshold that 10 percent so you are sick with high medical bills next ...

Over 10 years but the limit raises another 4 billion so it is not peanuts it is real money. john: the biggest $317 billion payroll and investment tax? image that supposedly is the tax hike on the wealthy. if you make over $250,000 your medicare tax you pay a premium zero point* 9%. it goes up by almost 1% then there is a tax on investment of three point* 8%. john: obamacare it has the high medical bill tax? >> right now you can deduct medical expenses if they are over seven point* 5% of your income but obamacare raises the threshold that 10 percent so you are sick with high medical bills next ...

The limit on what you can use it for raises another $4 billion. it's not peanuts. you are talking about real money. >> the biggest money 317 billion payroll and investment tax? >> that's supposedly the tax hike on the wealthy that you mentioned. if you make over 250,000 dollars your medicare tax you pay a premium on that, 0.9 percent. it goes up by almost 1 percent. >> obama care includes something called a high medical bill tax? >> right now you can deduct medical expenses if they are over 7 and a half percent of your income. what obama care does is raise that threshold to 10 percent. if you ...

The housing market seems to be bouncing back in a big way. but two government-owned mortgage giants, fanny mae and freddie mac are not exactly following suit. five years after a controversial bailout taxpayers are still on the hook for more than $130 billion, and washington doesn't seem to show much interest in cutting its lows. as part of our ongoing series what to cut doug mcelway is live in washington. doug. >> reporter: jon it's been five years now since the housing bubble burst. the new mortgage giants who had such a huge part in that crisis remain in deep financial trouble. the taxpayer ...

>> the warnings were ignored. >> the more people exaggerate a threat of safety and soundness the less i think we see in terms of affordable housing. >> taxpayers are stuck with the bill. >> in june 2011, the cbo said taxpayer liability reached $148 billion and could go up to $317 billion. >> reporter: government further distorts the mortgage market through fha and begin any mae and v.a. provide assistance which has led to a growing kho russ to privatize fannie mae and freddie mac. >> it would help congress could keep them it on politicizing lending which they have done for a very long time. >>...