Unquote Rich News Today : Breaking News, Live Updates & Top Stories | Vimarsana

President is betting on going forward? does he believe that in 2014, if you stall this thing out for two years and give yourself a chance to take pack the house, in 2014 is that the wager now, give you two years to do what you want, between 2014 and 2016? >> it may well be but the fact remace -- remains, the quote, unquote rich and confiscate the wealth and it will not do anything to solve the lon term problems of u.s. debt. it could take a short term chunk out and take a significant chunk out of our current deficit and debt and bring down the debt slightly but once you look at the trajectory ...

Our big stories of the day, this interview with a local reporter caught our attention. take a listen. >> will you veto any legislation that extends all of the bush tax cuts, even to what you call the wealthy? >> yes. and the reason is we can't afford it. it will cost us a trillion dollars and at a time when everybody says we've got to drive down our deficit. jenna: so will extending the bush tax cuts for everyone really cost us a trillion dollars? e answer is, yes and no. here's the facts. if we extend the bush-era tax cuts for everyone, it means the government will collect less money. in fact...

Are, who should be hiring in america? >> with well, brenda it's not good. let's get where the obama tax hits. >> it hits 3% of the small businesses that are doing the bulk of the hiring, making the bulk of the revenue and pay the bulk of taxes and hits them scarily as john alludes to. so, they have the taxes going up on the quote, unquote rich. you have the obama health care taxes and by the way, captain gains taxes are going up. wait a second, is it worth it to me to hire the people and buy the equipment. i'm sure he's buying big turbines, stuff like that, but small businesses do that, but le...