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Adjustments for social security what you were in your debt talks in august ofs2011. >> it was on the table. did the president agree to it? it may have been close to an agreement to it. if he agreed to it we might not have some problem today. >> is that on the table now. of course, it's on the table. >> no, is it on the table from their point of view. >> well, there are a lot of items on the table. the president knows what they are. the question is what are they willing to do. >> you are starting it have some political problems because you are starting to have some split necessary your ranks. i...

Thanksgiving morning, the balloons are ready to fly. the annual macy's day parade kicks off in a half an hour with a new cast of characters. and speaking of characters, washington's on break for the holiday, but the debt talks continue. you won't find a "home rule" on every corner, a "stag provisions" down every block, or a "hugh and crye" in every town. these are the small businesses of america, and all across the nation they're getting ready for their day. hundreds of thousands of small businesses

The american people have spoken. mitt romney ran on two big ideas in this campaign. cut the taxes and reveal our obama care. he lost. those ideas lost. but they didn't learn a thing. joining me now is congressman keith ellison, democrat for minnesota. he's co-chair of the progressive caucus. and former pennsylvania governor ed rendell, now an nchl bc news political analyst. thank you both for joining me tonight. >> glad to be here, al. >> good to be here. >> congressman, let me start with you. what is your are reaction to speaker boehner's claim that the health care law should be on the table ...

>> there is heart burden of proof on the democratic side because president obama put substantial entitlement reform on the table during last year's debt talks. sources say it might have been papered oaf in the campaign, fiscal cliff talks that could create enormous tension with lawmakers, and mr. obama's liberal base. shannon? >> shannon: mike emanuel thank you. well, still ahead, the human toll for people who are not fighting in israel and gaza. first, to rebuild or not to rebuild? after superstorm sandy. just no fun to drive. now, here's one that will make you feel alive. meet the five-passe...

Differential between capital gains and ordinary income. 15% per capital gains and dividends. 35% for ordinary income. that differential really i don't think is justified. >> chris: okay. let's get -- i know you are chomping on the bit to get to spending and entitlement reform that has to be part of a deal. congressman van hollen, a year ago august when boehner and obama were involved in the debt talks, grand bargain that blew up, the president put on the table raising the eligibility age for medicare and slowing the cost of living adjustment for social security. could you accept that? >> well,...