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of the show, larry king just continues to crank out television magic. last night, larry and wes lesnipes sit down to -- wesley snipes sit down to talk tax evasion, with a special appearance by joe brown. think you'll enjoy. it. first to the news live at 5:30 a.m. at 30 rock in new york city. vice president joe biden heads to capitol hill today to convince angry democrats to support the administration's tax -- at a closed door meeting last night, democratic house members slammed the white house for shutting them out of final negotiations. caved in too quickly to republican prioritie...

december morning, december 8th, the rescue efforts early this december morning, december 8th, 2010. captioning funded by cbs good wednesday morning. i'm erica hill. >> i'm harry smith. good morning, everybody. >> good to have you with us this morning. of course 24 hours ago we sat here at this desk and told you elizabeth edwards had stopped her cancer treatment. turned out she had much less time left than thin could have guessed. her three surviving children we're told were at her side as was her estranged husband. the family put out a statement saying we have lost the comfort of e...

american people and i was not willing to see them get harm. >> republicans have praised the deal. >> i'm very hopeful and optimistic that members of the republican conference will find this proposal we are supporting. >> so have others, like former clinton chief of staff, john poe testa, who compare it had to a second stimulus plan. economists at citigroup and goldman sachs upgraded their predictions for next year's growth in job creation. >> this is a serious attempt to create jobs, which i think you. ♪ number one issue in america. >> some estimates predict the overall package wil...

change of power already beginning to take place. >> absolutely. while the president was speaking we had a statement. chuck todd is joining us now. harry reid issued a statement the president is negotiating with congressional republicans who are willing to risk everything to ensure tax cuts for the wealthiest of all americans whachl is your analysis of what we heard from the president saying at least this is not a fight going away. this is a fight i chose to handle this way, but i will continue. >> it was a mix of tough love and a little bit of anger. thfts more of an energetic presid...

years it will stan at 35%. that includes a five million dollar exemption clause this is a huge political victory for republicans. tonight, as the potential deal was announced, i think i heard a sigh of relief from small business owners and families across the country. nothing in stone yet. the president has come under fire from some in his own party over the compromise. he addressed these concerns earlier tonight. >> the president: i know there are some people in my party and the other party who would rather prolong this battle. i have no doubt everyone will find something in this co...