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Effective tax rate than most americans. the capital gains rate. that's the one thing that they've said they will not touch. everything else that helps the middle class is on the table from their perspective. so since they won't tell us what they're going to do, at least we now know what they won't do. they won't touch the stuff that helps mitt romney the most. so i think that, you know, the vice president has teed this up very well for the president next week. >> tom? >> congressman, there was a question last night that the vice president would not answer about raising the age of eligibility f...

The base, and listening to mika, she makes some great points. if you're the base, biden spoke to you last night. >> listen, it comes down to this 37 democr this. democrats had a reason to cheer. they were able to take themselves off the floor where they had been for the last week. >> they got off the panic button. >> joining us, nbc political director and host of "the daily rundown," chuck todd. >> reporter: morning, guys. >> break it down for us. what do you think the bottom line was, the takeaway from last night? >> reporter: i'm going to pick up where tom left off, it was a therapy session ...

Not one additional penny of new revenue. what the vice president said very clearly last night was that one way you could deal with some of the social security issue was to deal with the revenue part. and i thought he said very clearly that if republicans were willing to come off their position, that they could have a conversation. the president and the vice president would consider these ideas. >> so chris, what's the answer? let's just talk about you. you're a member of congress. you're a leader in the democratic party. would you consider raising the retirement age as a means to saving the pr...

Say, you're wrong. first of all, ask why he's smiling at the end of that. listen, that answer was off-putting for two reasons. one, he threw the intelligence community under the bus. and it's just not a smart thing to do. the second thing is, yeah, i'll come to you, howard, in a second. and the second thing is -- and i'll just direct it to you, howard, he got the facts completely wrong when he said nobody told us we needed more troops. the state department was told. we heard this, the people that were on the ground were begging for more troops and they didn't get them. >> here's the problem. i...

Middle class, we're going to level the playing field. >> mitt romney is a good man. he cares about 100% of americans in this country. and with respect to that quote, i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. >> but i always say what i mean. >> some great moments last night. welcome back to "morning joe." a live look at the white house as the sun comes up over washington. mark mckinnon's still with us. and joining us on set, nbc news's tom brokaw and moderator of "meet the press," david gregory. gentlemen, good to have you on...