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Were already in december. Welcome to the weekend. Were really excited here this morning. Identify been looking forward to this literally for months. We have a legendary chef withs Thomas Keller one of the countrys premier chefs and hell share i had ultimate dish. Well eat. Well chat. Im certain were going to enjoy it and i hope you too. I literally have been looking forward to this for months. We got some great sounds. Five guys from utah who call themselves the piano guys, already a huge hit on the internet. They had 185 million hits on youtube and they will play for us this morning. We begin this morning with the socalled fiscal cliff one from today unless washington gets its act together 90 of americans will see their taxes rise as a series of tax increase and spending cuts take effect. Yet negotiations between the white house and Congressional Republicans are at ....
senator, let s just talk about a plan that you have unveiled along with senator sharon brown of ohio and congressman don buyer of virginia. a proposal that would put a surtax on the richest people in the country. here s how it would work. under the plan, married couples with incomes over $2 million and individuals with income over $1 million would be subject to an additional 10% surtax. the aim here is to bring in $635 billion over ten years. what s the point here? well, the point here is to ask the very wealthiest americans to do more to invest in the success of the rest of the country. we need to increase our investments in things like education. early education, k through 12, deal with college affordability. make sure we do not cut medicare and medicaid, like republicans have proposed. and i can think of no better way to do this than ask those who ....
Tell your doctor if you ve had mental health problems. the most common side effect is nausea. quit smoking slow turkey. talk to your doctor about chantix. accountability organization is now looking office is now looking into whether president trump s decision to put a hold on military assistance to ukraine violated federal appropriations law. the wall street journal reports the investigation follows a question from maryland democratic senator chris van hollen about whether the administration s failure to inform congress about the hold violated legal notification requirements. senator van hollen joins me now. senator, thank you for joining us. one of the comments i ve seen, the observations that i ve seen coming from your republican colleagues in the senate and the house is that there s no law broken here. nothing is illegal. i think something that came out in george kent s deposition, the ....
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Individuals who earn more than $1 million a year or couples that earn more than $2 million a year. right? it s a surtax, right? so if you re currently paying 37%, you would be paying 47%. one of the important features of this proposal is that we re not just covering income generated by work but we re generating income by asking people who make money off of money to also contribute. so you d have a 10% surtax on that investment income. right now, very wealthy people make a lot of money off their money and we don t see any reason why people who earn a paycheck should be penalized relative to them. so that s why this proposal has a 10% surtax on millionaires. on their additional income, including income from investment sources. senator, good to talk to you. thank you for joining me. senator chris van hollen of maryland who is a member of the budget and appropriations ....