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White color suburban districts that have recoiled from trump and become parts of the democratic coalition are willing to raise taxes or expand the role of government as much as members of districts and i think that they will not get to 218 with those ideas. they're much more likely to produce incremental ideas like promoting renewable bower. >> you mentioned raising taxes which brings me to bernie sanders. he hasn't thrown his hat in the ring but he's a candidate and says he wants to save social security by raising taxes on those making $250,000 or more and yet again these moderate democrats w...

And those making $250,000 a year and free community college for all as well. when you you have been out talking to voters, what is the reaction? do you think you will be able to convince conservative voters to get on board with a progressive candidate who supports things like that? >> i think that's one of the reasons why we were so successful, because we were talking about the things that people care about. i am a social worker by trade. i run a non-profit. and the stuff we are concerned about right now, especially around health care, the reason i'm running is because of my mother's health ca...

>> right. so those are the people in the exact middle making the exact middle income in this country. it's far, far lower. on top of that, if you make this limit, you make $250,000, you're actually in the top 5% of americans. in a time of growing income inequality that group at the top is pulling further and further away from those people who are actually in the middle. it doesn't make a lot of sense on the numbers and then as policy it really boxes you in. >> just to defend bill and hillary clinton on this, this is about tax policy. this isn't about an arbitrary definition of middle class. i ...

Hill. where do things stand right now? >> trace, we expect that this deal will get put into legislative language and the congressional budget office will determine whether it saves money or costs money. try to give a fair analysis. we're expecting vice president joe biden may come up here at some point. senate democrats are telling us they expect that to be the case. there is some evidence of heart burn on the left some democrats who don't love the tax figure where it is set. they were hoping raising taxes on those making $250,000 and couples making more than 2506789 it looks like 450. but a r...

First off, the tax hike on the wealthy americans, certainly that was expected. investors knew that when they closed out trading monday evening. the limiting deduction for those making $250,000 or many is a big chunk rate. they make maybe not so great decisions in 2013, whether you buy a stock or a bond. that is an issue. capital gains taxes. permanent rise they propose on the senate. 20%. right there. and then the spending cuts. that is the lack of spending cut. the debt ceiling debate is a mini cliff if you will for many investors and traders. there will be so many more problems coming up in ...