Page 7 - Dock Fix News Today : Breaking News, Live Updates & Top Stories | Vimarsana

good evening, everyone. i'm john king reporting live from the history irk cspc hall in cedar rapids, iowa. breaking political story tonight. exactly three weeks before iowa casts the first vote of the 2012 presidential campaign. iowa conservative act innist who just signed on with the newt gingrich presidential campaign is quoted just before he took that campaign job as calling gingrich rival mitt romney's religion, quote, the cult of mormon. let me read you the quote. quote, there's a national pastor very much on the anti-mitt romney bandwagon, greg said, a lot of the evangelicals w...

is "state of the union." there was a boxing match here in washington last night, but the real punches were thrown in des moines. >> let's be candid. the only reason you didn't become a career politician is you lost to tedty kennedy in 1994. >> the last thing he needs to have is not just a person who is an historian but also someone who is running for president of the united states stand up and say things that create extraordinary timult in his neighborhood. >> if you want a difference, michele bachmann is the difference. >> if freddie mac is bailed out by a bailout, so i tink, newt...

Supposed stimulus in the bill expire? are they going to let the payroll tax return to its previous level? are they going to avoid the dock fix? that means doctors would stop taking medicare. there's all sorts of stuff in this legislation that democrats, if they actually believe the arguments, think are necessary to help the economy. and so they don't want the economy going down in an election year. i don't think the democrats can play chicken and let the payroll tax go back up. >> how do you see this playing out? >> i see the republicans defeating the tax hike. and then harry reid saying, this...

Unemployment benefits, all these things that add $300 billion. republicans say they are needed for the economy. democrats say, how is that going to play out? we could have a christmas eve vote here. >> we thought it was going to be about the supercommittee, the surprise is it will be a piece by piece set of the moment. they thought they could work all of that into the big deal. it hasn't happened. you have now, the new kind of catalyst of the expiration of a payroll tax cut or expiration of unemployment. those things that will get people to the table. when we talk about the dock fix, it sets o...

Prescription drugs -- the dock fix. >> neil: we couldn't. >> the amt. the creep in amt, there's lots of things not loaded no the budget protections. once the boomers retire, next year at 65, you'll see entitlement spending, medicare and medicaid and social security grow as a bigger percentage of the federal budget. we have serious, serious problems and an administration -- i would argue we have washington that's not willing to deal with them. >> neil: senator, always good seeing you. >> pleasure. >> neil: mike norman isn't sure about the recovery but he's sure obsessing too much about deficits...