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san diego for za zag for a while. >> amy, you watch the house very closely. boehner has brought up bills he needed to become law even though he knew they weren't going to vote for it such as the tax cut extensions and economic deals. would he be willing to let this be voted on if the house majority were to vote against it? >> let's look what he has coming up next. how many tips does he have to g with a vote of majority of republicans. he's got to deal with the debt ceiling, the budget. those are issues that are much more significant not really so much just for the party but potentially for the health of the country and the economy. so that's where you would put your effort. the bottom line on this, though, i think, ultimately for republicans is where is the incentive? life is not very complicated. no matter what your job is, you have to get something done. for these house republicans
exactly what he just said on the floor of the united states senate, which is our common ground as a nation is to extend tax cuts for everyone with the threshold income of 200,000. that means tax cut extensions up to 250,000, so the vast majority of americans see a benefit. keeping faith with the middle class of america is common ground among democrats and republicans. what is needed now is a compromise that permits the house to go forward. >> so, senator, is senator harry reid working on a different possibility, a different bill than what was just mentioned, the 250,000 that you were also reiterating? >> the majority leader will have to speak for himself on what his
the high-end earners because they believe it does result in a change to those who might create jobs. so they don't want to give up the middle class piece without being able to leverage that, preserving that rate for the high earners. this gets complicated because republicans have a plan as well that would extend for all but it would get rid some of the tax credits that might also affect some of those who are more moderately income families, and that upsets democrats. you've got a fight over whose plan will they vote on what the president wants, what senate democrats want, what senate republicans want. a lot of tangle about this. at the part of it both party as degree this is aissue that matters to voters. sorting it out is where it gets complicated and costly because any tax cut extensions have an impact on the overall budget and that's where it gets tough to figure out what they should do. >> what if the democratic plan does not get the necessary 60 votes to move forward?
and two pills for a day free of pain. ♪ [ female announcer ] and try aleve for relief from tough headaches. spent a little time around ohio last week and people kept asking the same question. where are the jobs? >> funny you should ask that, mr. boehner. the entire country is wondering the same thing, but they're also wondering why you and your colleagues are scheduling yet another toothless vote rather than tackling tax cut extensions. speaker boehner today described himself a glass half full guy, but i'd like to ask you what his glass is half full of because he thinks he can overturn the president's health care plan. he's scheduling a 30th vote
president bill clinton seemed to oppose president obama's tax cut extensions, which president clinton has dialed back. now pennsylvania governor ed rendell taking a swipe at president obam appraising secretary of state hillary clinton. >> you supported hillary clinton strongly -- >> sure. >> you think we would be in a different place if she had been elected? >> i think she would have come in with a lot more executive experience. the president was a legislator only, health care and stimulus, two bills i think did good things for the american people. too much was left up to the congress. he said, here's my concept septs, you flesh it out. i think that hillary clinton would have sent them a bill and said, here's what i want. >> will all the off-message remarks hurt the obama campaign. rick klein is here. it looks like former governor ed rendell has gone off the reservation a bit? >> something liberating about being a former governor, not having to face the voters, you don't have to answer to the
he is undisciplined in other ways as we know but not when it comes to tone and message. so i think he knows that he is taking these jabs. i think he has gotten used to a person as avanted policy wonk. he maybe talks a little bit more in detail about things like tax cut extensions than he would if he were a more, if he had been a candidate more recently. but i don't, i think he knows he is making trouble and he will continue to. he has upside and downside and did on hillary clinton's team as well. because he will be him. sometimes being him means he says things that are diametrically opposed to major components of the obama campaign's message. jon: juan, there is this interesting bit of news just this morning, larry summers, who used to work for bill clinton and knows a thing or two about tax policy, larry summers went on tv and said, you know we really shouldn't let the bush tax cuts expire in january like they are scheduled to do.
feeling about as good as they felt since 2007. so, once again, a mixed bag. the take away here, not a lot to get excited about by way of the direction of the u.s. economy. so what's on our mind? high unemployment. we know unemployment is above 8%. we are getting a may situation on friday. not expected to improve much from there with only 150,000 jobs added to the economy. again, that's right the expectation. gas prices aren't -- we're not at $4 a gallon. that was the fear two months ago. but the decline nowhere near a meaningful price, again, declined that would amount to savings to our pocketbook. the other thing is this fiscal cliff that you keep hearing about. at the end of the year, tax cut extensions going to expire. those mandatory spending cuts might go into effect. and there are all kinds of other recessionary spending measures that are going to cease that's got a lot of people concerned it's going to curve any kind of growth we are seeing now. lackluster as it is. jon? >> jon: this might have something to do with the
that fast. jon: i did it in bumper-to-bumper traffic. hit the suv in front of me. thousands of dollars damage. never again. >> thank you for that. jon: new information how far our falling market has fallen the past few years. the extent of the pain hidden until now. spending bills, tax cut extensions all with fast-approaching deadlines. a lot on the congressional plate leading up to a holiday break. can congress make a deal? we'll talk with that man right there, new jersey congressman bill pascrell coming up [ male announcer ] in his eyes...a race needs no finish line.
welcome the responsibility of engaging the country in this big argument or will he shrink from it? that's another way of the same question you asked me last week. >> i don't -- to suggest the conservatives are radical would be -- >> the question is will they do that? will they just -- >> i know. but to suggest that the republicans are radical, as e.j. dionne says unsurprisingly, to suggest they are on the extremes of the political spectrum going over there saying let's take money from the have-nots and haves and we've been making fun of barack obama in official washington by saying we will balance the budget by taking money away from home heating assistance for the poor. jeffrey sachs, there's nothing radical what the republicans are doing, a follow-up to the grand bargain they made in december, a trillion for tax cut extensions.
agencies. if you factor the under employment rate, we're talking one in five americans not having the kind of job they really want with the kind of income they need. so i think the president if these chose measurable improvement, his numbers would improve. there is a lot of uncertainty. with the exception of the tax cut extensions, his policies haven't moved to the center very much. there is a lot of uncertainty for employers to hire people for jobs. >> you can't brag about the tax cuts because that would be extolling the virtues of his predecessor. >> the first time he ran on hope and change which is superficial slogan. now, he has to run on the record. that is the real challenge since his signature achievement healthcare is still pretty darn unpopular. >> yes, it is popular with his