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This election where the american people will have a choice, and this choice will be as important as any choice we have made in a very long time. what we have is a candidate who said he would rubber stamp a republican congress that wants us to go backwards, not forwards on a range of issues. >> we need to go forward, and hurting people when they're down is no way to do that. joining me now is jared bernsteen, and joe madison. thank you both for being here tonight. >> thank you. >> joe, let me start with you. how can republicans win in 2012 with these kind of priorities. >> by people not voting ...

Grandparents, and young people have to think of their parents and grandparents because they may have to pick up the slack. >> jared, you have been inside in a lot of these negotiations back and forward. when you look at the unemployment benefits that expired this weekend, it happened in states that are already hurting. california where unemployment is 11%, north carolina where unemployment is 9.7%, florida, where unemployment is at 9%, illinois where it is at 8.8%. so you're adding pain to people that are already hurt. how did we come out in negotiations and have ourselves in this predicament....

And the cost of a college education keeps going up, it goes back to what the professor said. the rich in essence don't have enough, the poor have too much. and so how do people, who have the brains, the intelligence, can contribute to our society, get good jobs by the way, then pay taxes, help this economy grow, how can they go to college? we know that college is the way out. all of us are sitting here as a product of that. and so here, you have governor's, members of congress, who quite honestly are doing more to hurt this. i cannot imagine, i will say this in closing, i cannot imagine how a ...

I don't blame her for crying, she is going to inherit it. >> joining me now is jared bernsteen, and maria kumar, thanks for coming on the show. >> thank you. >> jared, let me start with you, the president released his new tax returns today. it showed obama paid just over 20% in an income of $790,000. the president's plan would make wealthy people like him pay more, isn't that just sumply fairness? >> i think it is and a lot of people are thinking about the buffet rule, of course, and even with an income of almost 800,000, you would not want to get over the buffet rule it's over a million.