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Than 450,000, they escape any income tax hikes. Theite emized deductions are capped for anyone who makes 250,000 or more, or combined with 350,000. Estate taxes will go up, for inheritances over 5 million. Unemployment insurance is extended for a year, the alternative minimum tax will get a permanent adjustment for inflation. That, my friends is just the start of all of this. That is a 16. 4 trillion debt ceiling which is likely to stir up another ugly fight. President obama is already positioning. I will not have another debate with this congress over whether or not they should pay the bills ...

A cap on itemized deductions for married couples making more than 300,000. A one year extension on unemployment insurance. An increase in the estate tax from 35 to 40 and a 5 million exemption. And the alternative minimum tax would be permanently adjusted for inflation. There are still some big items that the bill doesnt address. There is no mention of the debt ceiling. The government 16. 4 trillion Borrowing Limit which was reached yesterday and the bill kicks the can for about two months on the automatic spending cuts, the sequesters set to take effect tomorrow. Joining me now is Congression...

Ryans Budget Proposal unveiled yesterday. We will of live coverage on cspan 3. We want you to weigh in on the budget blueprint. Republicans, 202 5853881. Democrats, 202 5853880. Independents, 202 5853882. Send this a tweet or post your comments on facebook. You can also email us. To give us more details about the budget unveiled by house budget chairman paul ryan, lauren french is joining us. She is the congressional reporter with politico. 5 trillion over the next decade. How does he propose saving that much money . It is kind of a hodgepodge of savings. Interests that the government will not...

Appropriately depending upon who did it and what they did, not how they did it. With regard to the Weapons Systems, the f35 that you mentioned, vast amounts of the code for the f35 systems were stolen before the plane ever flew. So, stolen by friendly asian government. [laughter] you may well think that in the future, if there were a war, if , Weapons Systems might roll out onto the battlefield and not work. Thank you very much. Were out of time. Thank you very much. [captioning performed by national captioning institute] [captions Copyright National cable satellite corp. 2013] point weve seen...

That does it for us. Ali velshi takes over our coverage next. Xx breaking news, im ali velshi in for erin burnett. The house has passed the deal, largely on party lines. In the end house lawmakers agreed to vote on the bill exactly as written. Now, here is some of what is in that proposal. Tax rates stay the same for couples making less than 450,000. A cap on itemized deductions for married couples making more than 3d 300,000, a oneyear extension on unemployment insurance, anne crease in estate tax from 35 to 40 , and the alternative minimum tax would be permanently adjusted for inflation. The...