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i'm erin burnett and "outfront" tonight, rejection and dysfunction. the house today rejecting the senate's plan to extend the payroll tax cut. now, that means that your taxes are going to go up somewhere between $700 and $2,300 next year unless, ooh, the big unless an all new congressional committee and it is an all new committee comes to the agreement by the year's end. president obama's approval ratings are up as congress falls on this, and he seized the moment today. >> but now, even though republicans and democrats in the senate were willing to compromise for the good of the coun...

next year. but here's the thing, folks, both parties want this. they agree that there should be an extension of this tax holiday. the problem here is that house republicans refuse to settle for the two-month band aid, the two-month extension that has already been passed by the senate. listen. >> our house gop negotiators are here and ready to work with their counterparts in the senate. >> he's not lucy, i'm not charlie brown. we're not falling for that football stunt, again. okay, lucy and charlie brown. that's what we've come to now, kate. it can be silly season up there sometimes. ...

30,000 wounded warriors, many of whom still struggle with serious, life-altering injuries. >> reporter: it's estimated more than 150,000 iraqis lost their lives in the war. most of them civilians. 16 days to go before the typical american worker gets hit with $1,000 a year tax increase. there are some signs now republicans, democrats, might, might break their log jam over extending the payroll tax cut. democratic source says that president obama may drop his plan for a millionaire surtax to cover the cost of extending it. republicans oppose any new taxes on the wealthy. they would ...

let's begin with the latest in the political plate underway in iowa. right now, dramatic, huge developments unfolding. looks like a three-man race if you believe some of these cent polls. newt gingrich, mitt romney and ron paul all basically within a margin. we're watching all this unfold. jim akcosta is standing by. he's on the scene for us. gloria borker is joining us. newt gingrich, he's trying to project the positive image he is above the fray, but is he making a mistake by not -- through all these attacks from mitt romney, ron paul and these other republican presidential candida...

helping to ruin his party, or is he turning into a media gad good fly? and abc had a real presidential debate last night, but donald trump wants to moderate his own version of a debate. >> some of the candidates aren't coming because you haven't ruled out running yourself. >> well, i won't rule out a run, greta. especially if the party nominates a joke candidate like ron paul or jon huntsman or rick santorum here. [ laughter ] >> rick -- >> i'm talking. >> you know, it's sometimes hard for news shows to capture the absurdity of the campaign. "the daily show" and "saturday night liv...