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Terms of social insurance reform and taxes beyond the top clinton rate. so i think to say the democrats are operating at a higher proficiency level at the moment politically that's true, how long that lasts is the question. and without -- it's interesting because their fates are linked. if the republicans don't play a partnership role as you were saying to find some common ground, then i think the whole system once again is going to become evermore dysfunctional in the eyes of the voters. >> can it get more dysfunctional? there have been many iterations of cantor. on immigration, he backs the ...

If it did anything and the house is adjourned for tomorrow. the deadline will be missed. all indications are expecting to bring something forward tonight before midnight. still the deadline of midnight will be missed and the country will go over the fiscal cliff. here is how the potential deal, the framework of the deal is stacking up right now. on taxes, those making incomes of up to $400,000 as individuals or 450,000 as couples, your tax rates stay the same. those earning above 400,000 as individuals, 450,000 as couples will be taxed at a 39.6% rate up from 35%. that's the clinton rate. taxe...

Country taking 17% of the income and paying 37% of the taxes that are paid i hope will take a fax reform in a way that creates growth in our nation at some point. at this juncture we may be where senator schumer says. >> all right. senator schumer, you just heard senator corker say i would consider and maybe i'll go for raising the rates up to the clinton rate, 39.6% for the top 2%. but we need spending cuts and entitlement reform. what -- what are you willing to put on the table? >> bottom line is if speaker boehner ends up where senator corker has said he is, we will get a large agreement. a...

This bargain. we're not going to go back to what we did in 2011, putting both revenues and cuts on the table and ended up with just getting the cuts because the other side couldn't accept the revenues. so once speaker boehner calls for an increase in revenues to 39.6 and the other things the president called for, we've done a trillion dollars in cuts but where he -- we realize there have to be other cuts and there will be negotiations. we'll have different views, mine and senator corker's view is different but we'll have to find spending cuts and we will. >> in fairness, senator corker, senato...

Country taking 17% of the income and paying 37% of the taxes that are paid i hope will take a fax reform in a way that creates growth in our nation at some point. at this juncture we may be where senator schumer says. >> all right. senator schumer, you just heard senator corker say i would consider and maybe i'll go for raising the rates up to the clinton rate, 39.6% for the top 2%. but we need spending cuts and entitlement reform. what -- what are you willing to put on the table? >> bottom line is if speaker boehner ends up where senator corker has said he is, we will get a large agreement. a...