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Dust and gas to grow in size. there are other planets closer to the star that have already formed. that's your 5@5:00. >> that is amazing. >> and amazing we can see it. >> it is the first day of class for the newest members of congress. >> after the 113th congress gets ready to convene the president is back vacationing with the first lady. >> peter doocy is back with more on this. >> good morning. 77 percent of americans are seeing taxes rise for the new year. it is coming to us from the tax policy center from 4.2 percent to 6.2 percent. they are stuck at the bottom of the fiscal cliff so yest...

Have a long, drawn out battle with republicans over increasing the debt limit. having said that, the republicans see this as their huge bargaining chip. they are preparing to dig in their heels. president obama wanted sort of a permanent increase of the debt limit as a part of this fiscal cliff bill that just passed. he didn't get it, so republicans think that that is their one strong bargaining chip moving forward. they are preparing for a big fight. martin, i would not be surprised if this turns into yet another long, drawn out battle. >> i understand that the president has now signed the fi...

Great. we'll get there. but first, president obama has signed into law -- >> lit off bottle rockets and smoke bombs. >> i want to hear from grover norquist because this logic is fantastic. passed by congress that raises taxes for the higher earners, extends tax cuts for many americans. the president reviewed a copy of the bill while vacationing in hawaii before directing it to be signed via auto pen. that's the signature machine that the presidents sometimes use while away from washington, far from a bipartisan public signing ceremony. look at this. >> it was special. he wanted to capture it. ...

Here to hawaii or use the auto pen. that is a tactic he has taken twice in the past, but has been overseas when he used it. some people have a problem with it and question the constitutionality and it's not an actual signature. it's an automatic signature. those are the two options. we are trying to figure out what the specifics are. the white house is working behind the scenes to figure out how it's going to unfold. >> the president is not exactly off the grid. as we mentioned, he issued that statement on the hurricane sandy relief bill urging congress to act on that. is this an issue he migh...

What republicans really need is sort of a human equivalent of up an auto pen. somebody with enough fingers to sign legislation. if you look at this legislation, it's not just a return to the days of george w. bush. on everything from environmental regulations to abortion to gun rights, it's worse than bush. so some of his centrist supporters they make this argument. this is a guy who seems to believe this is a base election, which is one of the reasons that he chose paul ryan. that he has a history of not only be a mode rate and they saw that when he was governor of massachusetts, but also in ...