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Boehner in the politically right direction or if they'll be humbled by this defeat and understand the american voters want a real deal here that is not going to be brokered on the backs of middle class americans. >> arthel: alexis, i have some info from the congressional budget office saying that increasing taxes on just the wealthier americans while sparing all other taxpayers from higher taxes would increase gdp by 1.3%, by the fourth quarter of next year, and create an additional 1.6 million new jobs. matt? >> yes. keep reading in that report. it says that if you extend the tax cuts for eve...

The middle class and simply just focus on the 1% challenge or extending the bush tax cut is not going to be sufficient. >> arthel: not going to be sufficient. matt that, good news to you? let me make sure that i understand what you're saying. you're saying that that's fine, you should not raise the taxes on middle income people, but the 1%ers, those who are considered wealthy, then you should not increase their taxes and not let it expire for them as well? hang on, matt. i want to clarify. what did you say? >> what i was saying is that just focusing on -- i think what matt and boehner and some...

4.3 magnitude quake in kentucky, felt for miles around. residents in eight other states also feeling the tremors. >> arthel: serious new questions over the government's ability to prevent the u.s. economy from going over the so-called fiscal cliff. in the last 24 hours, newly relie detectorred president barak obama and house speaker john boehner have both vowed that they will not let this happen. but is that even possible given today's decisive political climate? before we get into the discussion, let's first listen to what both men had to say. >> this is an opportunity for the president to le...

And it's opposite of the basic tea party values. we fought obama care, against the idea that government would intrude so deeply into the most personality aspect of our lives. and here we are, and we're looking for something better out of a presidential candidate. >> but isn't it true, just to make the case against you while you're here, matt that, a lot of republicans over the years have supported this individual mandate concept, that the hospitals shouldn't have to have people come to the e.r., pay for all of their treatment, and then get stuck without the check, that somebody ought to say, l...

Tea party values. we fought obama care, against the idea that government would intrude so deeply into the most personality aspect of our lives. and here we are, and we're looking for something better out of a presidential candidate. >> but isn't it true, just to make the case against you while you're here, matt that, a lot of republicans over the years have supported this individual mandate concept, that the hospitals shouldn't have to have people come to the e.r., pay for all of their treatment, and then get stuck without the check, that somebody ought to say, look, you've got to pay your way...