Page 26 - Erick Larson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

and those taxpayers would move to the 15% bracket. all incomes below $44,000 a year. other tax rates would increase to 30 -- 20%, 31, and 36%. and so on. what are your expectations? do you want democrats to compromise with republicans? the president intent -- indicated on his interview that aired on sunday that he would be open to compromise on the issue. republicans talk about a two- year extension of the bush era tax cuts. and then look at the issue two years down the road. what do you want? hamilton, ohio. willie is a democrat joining us to talk about this. go ahead. caller: i am ...

pelosi wants to return as minority leader. correspondent james rosen reports several democrats privately and publicly are now saying that is a terrible idea. in a draft letter circumstance -- >> reporter: in a draft letter circulated among the defeated house democrats, nancy pelosi is asked to show leadership in this dark hour by passing the baton and abandoning the request to be leading house democrat. many of us want the chance to run again and we fear republicans will demonize you and scare potential candidates out. the prospect of having to run against their party leadership in a...

america's realtors reported today that after a bad summer sales of previously owned homes shot up 10% in september. even with the increase, sales are still weak and now there's a lot of concern that any housing recovery won't last because the foreclosure document mess will keep potential buyers out of the market. as anthony mason reports. the federal reserve is getting involved in that investigation. >> reporter: now the fed is putting the mortgage mess under the microscope. >> we are looking intensively at the firm's policies, procedures, and internal controls related to foreclosure...

proceedings says they've just started discussions with the banks. >> but we're very conscious we need to move as quickly as we can. we do not want to do any harm to the housing market which would do harm to the overall market. >> reporter: bernanke says more than 20% of borrowers are underwater. that is, they owe more than their home is worth. more than a million houses will r currently undergoing foreclosure and more than a quarter of those are under review. that's already creating uncertainty for buyers. when we met joshua cooper two weeks ago, his deal on this foreclosed house in ...

Protests right behind them. turned out it was a civil war reenactment. i think incumbent is democratic rick larson in the second congressional district. got caught spreading these smears about the tea party and his republican opponent. look at these confederate flags. turns out there was a civil war reenactment in the photograph. what the imposters tell me, shannon, or show me, shannon, that the whole charge against the tea party was bogus to begin with if you have to put imposters in the movement or even on the ballot. shannon: let me ask you this. we see in pennsylvania they have this specia...