have left. as always, thank you for being with us. let not your heart be troubled. greta's next "on the record." greta? take it away. >> greta: tonight, president clinton -- well, did he it again, arming the republicans with political ammo. now republicans are using that ammo -- president clinton's own words to lamb slam president o. obam a. what is going on? hear from the former president and republican leadership and brit hume. and even some powerful democratic senators are concerned, is the white house leaking classified intelligence? are the republicans right -- leaking it for political gain? that's coming from top senate republicans. senator lindsay graham is here. a blistering new fight over fast & furious. darrell issa got wiretaps that she describes as shocking and says it proves, contrary to what the justice department has been saying that senior justice

officials knew and approved the fast & furious program. but first, a misstep, off message? or deliberately going rogue? president clinton's latest remarks on the economy, specifically the bush tax cuts are igniting a firestorm. in a tv interview, president clinton talked about how to keep the country from falling off the fiscal cliff. >> does that mean extenning the tax cuts? >> well, i think what it means is they will have to extend -- they will probably have to put everything off until early next year, that's probably the best thing to do right now. but the republicans don't want to do that unless he agrees to extend the tax cuts permanently, including for upper-income people. and i don't think the president should do that. that's what they are fighting about. i don't have any problem with extending all of it now. >> greta: then the republicans pounced. president obama does not support extending the tax cuts for the wealthy and the republicans are

using president clinton's words against president obama to support their case for extending the bush tax cuts. >> extending all of the current tax rates for at least a year is really important if we are going to help job creators gain more confidence and put americans back to work. even bill clinton came out for it. >> it is not often in washington that you get a bipartisan view. but if you listen to former president clinton, you listen to summers, you listen to our speaker and you listen to our leader, they are saying the same thing as the small businesses are across america. >> the growth is actually slower than it was in december of '10. as the speaker indicated, coupling that with bill clinton's remarks and larry summers' remarks, it is obvious that the economy needs the certainty of the extension of the current tax rates a least a year. >> greta: new jersey governor christie jumped on board and tweeted -- attention, new jersey! assembly democrats, even bill clinton agree, not raising taxes

is probably the best thing to do right now. then after the political storm broke out, damage control then began. a clinton spokesperson released a statement saying president clinton opposes the bush tax cuts for the wealthiest, but simply said he doubted that a long-term agreement on spending cuts would be reached until after the election. brit hume is here. boy, it's dangerous to talk, isn't it? >> it's dangerous for the obama campaign to have bill clinton talking, that's the way it's working out. >> greta: what happened? i mean -- is clinton going rogue? >> look, bill clinton is referred to often in the democratic circles and some other circles as the big dog, the big dog goes where he wants to go and says what he wants to say. he is supposed to be a surrogate for barack obama, perhaps he is. but i don't think there is any way to control him. i don't think that's going to happen. he is going to say what he thinks. let's remember, that there is a striking parallel between these

two presidencies. both presidents clinton and obama started out -- govern from this left. they both had severe party reduke bukes in the mid-term elections and responded differently. clinton went to the center, obama has stayed on the left. i think that clinton believed then and no doubt believes now what he did was the wiser course,ed shrewder course, the better course politically and perhaps for the country. i suspect that he has deep within him a certain contempt for the way that barack obama has handled the situation. >> he is a surrogate. it's the job of the surrogate to repeat the party line, or is he allowed to have independent thoughts and wisdom? -- >> surrogate, as far as the campaign managers are concerned, it is supposed to be somebody who goes out and repeats the campaign's talking points. but you are not going to get bill clinton to do that. >> greta: what does the obama campaign do? >> i don't think they can put the lid on him.

if he wants to talk, he will make news. he can command an audience wherever he goes. he's big news. he is a very famous man. they have to hope that he helps more than he hurts. >> greta: is there any way to determine who the republican party is rallying around? >> the republicans? >> greta: the democratic party. right now, they are all going to say they love president obam a. both parties will say that about the leader. but is president clinton commanding a huge audience, separate than that of president obama? >> he is a leader what have might be called the moderate wing of the democratic party. that was the way he governed in the final two years of office. he had long ties to that wing of the party, he was head of the democratic leadership council, which doesn't exist. it's a shrunken segment of the party. he is remembered fondly by democrats because he was a winner. >> greta: how painful is this -- >> he keeps stepping on their message in ways that are

damaging. for example, they thought they could go out and portray rom rouming as a ruthless businessman, whose career was the kind of thing that does not qualify you to be president. clinton says he is qualified to be president and refers to his business record as sterling. that doesn't help you when you are trying to do what they are trying to do. it really doesn't. of course, these words that he said, they are going to come back in advertisement after advertisement with the obama campaign stays on this tack, to rebut what the obama campaign is saying. these things cape be undon done. you can't put the toothpaste back in the tube. >> greta: i can't see how the obama campaign distances themselves from clinton. >> not publicly. >> greta: but even for fund-raising. they are using him for fund-raising. he can still command a lot of money. >> sure, he can. look, this president will have all the money he needs. it he lose this is race twon't be because he's outspent. i don't think that's -- people

know who he is, they have formed a gym of him and his results. that's what they are going to vote on. >> greta: wisconsin last night, a burst of political energy -- >> look, my view of that is, different from some people -- i believe that the most important part of that result was that a governor who took on major interests in his state, a powerful interest in his state and took on the entitlement state, proved you could do that, get results and live to tellt about it. if he had lost, the damage to the cause of entitlement reform and taking on the interests that support the entitlement programs would have been set back enormously. that's the big gain t. may emboldens others to be bolder about doing that, which is something i think the country has to do. >> greta: is it a bigger message eye realize that november is a long time off. president obama won by 14 points and they elected a republican governor and they had a recall

and the republican did well, better than at the race. mean anything for november? >> it suggests that the wisconsin electorate of 2012 is closer politically to the one of 2010 than in 2008. that may not hold until the fall. it's dangerous to conclude that this puts wisconsin in play for the republicans for this reason. i think the main reason governor walker survived the recall was that people liked the results, the economy's and unemployment rate is a point and-a-half below the national average. things have picked up. that helped walker. that will also help president obama because chief executives at the federal and state level benefit when the economy does better. >> greta: i think it hurt that president obama didn't show up. he has to say it's insignificant. but if you don't bother to show up one time. this is so important to the people of wisconsin. it's just another state to everybody else. but if you are a leader who gained 14 points last time --

he's too busy? >> if it hurts, it will hurts hs party. >> greta: with enthusiasm. >> people are annoyed with thinking, i am not sure he would have made a difference and he probably sensed that. >> greta: probably not. i am not sure that it was wrong to stay out of it because it looked like a loser and it was. >> greta: allegations are rocking washington. is the white house leaking information for political reasons? according to the president obama 20 08 opponent, john mccain, the answer is yes. senator mccain says that recent news stories about attempts to derail iran's nuclearprogram with cyber-attacks and a terror kill list are damaging to national security and politics are behind the leaks. >> such disclosures can only undermine similar ongoing -- or future operations. and in this sense, it compromises our national

security. for this reason, regardless of how politically useful these leaks may have been to the president, they have to stop. these leaks have to stop. >> greta: white house pt press secretary carney says any claims they are releasing information for political gain is grossly irresponsible. >> grad to be here. >> greta: first of all, the question is whether there are leaks. second thing is, if there are leaks, is it sloppy, someone going rogue or for political advantage? neither is good. but one is much worse? >> i don't think have you to be sherlock holmes to figure out what is going on here. have you had three leaks of intelligence that pt. paint the president as a strong leader. you talk about a may plot that was disrupted where you have the yemen underwear bomber trying to develop a new form of bombs that would be undetected, talk about a double agent, connected to

saudi arabia and britain. and that story was about how the obama administration saved us all. have you another story about cyber-ark tax against iran, very specific programs that we are engagedin, in sharing the technology with israel and you have the story about how the president looks over each drone attack and approves it himself. so i don't think it's an accident that you have three stories within 45 days that paint the obama administration as being effective in the war on terrorism at our national security detriment. >> greta: i don't understand the motivation politically. give it to the president, he got osama bin laden. he is not reluctant to send drones. you can see by the effects, the number-2 guy today with a drone. that is not setting back his short suit. the bigger problem is the economy. unless you are trying to use the national security as a distraction from the economy, it doesn't make sense to me. >> i am with you. i would say, well don osama bin

laden and the drone attacks are a good tactical program. he did a lousy job of leaving iraq early. you are not taking assad on and how do the iranians believe we will do something with them if we leave iraq in chaos and we won't deal with assad and we talk about leaving afghanistan. strategeically, he has made a mess, but tactically, the drone attacks and the osama bin laden raid were good things. but the leaks have one common thing -- they are painting this president, right before his election, as a strong leader on national security. they are doing it in a way that our allies will not help us in the future, they are putting people at risk. the pakistani doctor -- how do we know about this? somebody leaked the fact that the doctor was helping us find osama bin laden and he's in jail for 33 years. senator mccain's right. there is a political advantage, trying to be created from the leaks. it needs to stop. people's lives are at risk, but there is a difference between -- there is national security and

there is being a leader in the world so we command respect and greater influence to remain a super power and the economy. three issues, right? >> sure. >> greta: national security is the one he has the least problem with. knock on wood -- we haven't had anything and he has gotten the terrorists. >> i would argue that he has a major problem. he has handled iraq poorly -- >> greta: that's the other category. i mean, how he handled world diplomacy. >> strategic and tactical decisions. tactical, getting osama bin laden was a great decision. the drone attacks have hurt al qaeda. strategeically, we have let syria get out of control and we fumbled on the 10 yard line with iraq and frankly, all we do is talk about leaving afghanistan. but the point of the articles, how could you say, it is not about making him look strong isn't articles have a common them. theme. they talk about sensitive

programs in the obama administration and they are trying to portray the administration as strong on national security at the detriment of our national security. >> greta: even democratic senator dianne feinstein i. my hero here -- we are going to have hearings about tirks i realize, there are going to be hearings about t. do you think it's president obama himself? or is this someone -- beneath him in the chain? >> i think, the question that senator mccain asked, is it done for political reasons? how could you say it's not? >> greta: who gets blamed? >> well, i don't know who is responsible. we'll have a hearing. somebody in the white house. somebody connected to the highest level of the obama administration has decided to leak three scenarios that make the president look like a strong national security leader at the detriment of operations going on throughout the world. the saudis and the brits are less likely to help us because this was supposedly a double agent. what country will help america if they read about it in the new

york times? >> greta: don't get me wrong. i agree the leaks are horrible. and they jeopardize our national security -- >> yes, ma'am. >> greta: the only thing that is different, i am wondering if it is politically motivated and to suggest that it's president obama -- >> i don't think the president called up the reporter. but look at stories. they talk about people inside the situation room, talking to reporters on background that were in a meeting with the president, a blow-by-blow description of how you decide which targets to hit, which baseball cards to act on -- >> greta: are you suggesting that he's up to his eyeballs in the leaks? >> i am suggesting that somebody in the white house is orchestrating an effort to leak classified information to make the president look good. to think otherwise is absurd. three stories within 45 days of each other or less than that, paint a portrait of an administration effectively finding terrorism, talking about disrupting a bomb plot that would have put us all at risk

and a cyber-attack on iran, trying to develop a nuclear weapon. talk about how to attack a nuclear program -- >> greta: one quick question before the race. will democrats run the senate? will carl levin and dianne feinstein push for hearings before the election. >>? -- >> if this happened in a republican administration, i would be asking for hearings right now -- >> greta: right now before the election? >> absolutely, absolutely. we need to get to the bottom of it. >> greta: straight ahead, he said they knew and they are lying. darrell issa says he has shocking revelations that top senior administration did know about the fast & furious program that left border agency dead. what until you hear what a gsa

official was trying to hide from you. see the emails for yourself. plus, if you think donald trump's feud with rosy was wrong or the battle with barack obama over his birth certificate was brutal, here's a brand-new feud. trump is threatening to unleash trump is threatening to unleash his [ creaking ] [ male announcer ] trophies and awards lift you up. but they can also hold you back. unless you ask, what's next? [ zapping ] [ clang ] this is the next level of performance. the next level of innovation. the next rx. the all-new f sport. this is the pursuit of perfection. you know that comes with a private island? really? no. it comes with a hat. see, airline credit cards promise flights for 25,000 miles, but... [ man ] there's never any seats for 25,000 miles. frustrating, isn't it?

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>> greta: they knew. that's what darrell issa says, contrary to what the justice department fiduciaries claim. congressman issa says that senior washington department officials knew about and approved fast & furruous tactics. the program allowed illegally obtained weapons to walk over the border from the united states and into mexico. two of those guns were found at the december 2010 murder seen of a border agent. don't forget ttook weeks to get answers and even action on the secret service prostitution scandal in columbia. so ask yourself, why is it taking more than a year and-a-half and no answers for the family of murdered brian terry? >> hi, greta. >> greta: there is a big hearing tomorrow. eric holder is going to be

there. what are you going to ask him? >> we want to know the same basic question it's who knew about this and who paymented in the coverup? because it is crystal clear to me that we have been lied to in congress. we have been totally misled by the department of justice. president obam in march of 2011 promised exposure to rectify the program. that hasn't happened. so the attorney general could have put this to bed a long, long time ago, as you pointed out. but he hasn't done that -- because i think there is a coverup going on. >> greta: the justice department says they disagree vigorously with congressman issa's statements and say he got the facts wrong. i mean, they are bagging ow this one. they say you are all wrong on this. >> remember, we issued a subpoena in october, a subpoena which they have not complied with, speaker boehner about 3 weeks ago sent a letter to the department of justice, asking some very basic questions of

them. they have not complied with that. they refused to provide the documents, which if they are arguing with the department of justice, would clear them of our misconceptions and provide us with the documents. but i think it's crystal clear that they don't give us the documents and only the wristle-blowers are giving us the documents because it demonstrates that what the department of justice is saying in writing is not true. that's why they haven't come clean. >> greta: with all due respect to the committee, it is a year and-a-half. and this border agent family doesn't have answers. we got answers lickedy split in the service scandal. have you sent a subpoena over. it hasn't been enforced. no contempt citation. you look awfully weak t. looks likey will hold hearing after hearing, after hearing. this is getting nowhere fast. if you believe this is a coverup, when are you going to put teeth into the scprfgz get

some answers? >> i think we are being slow walked and i think the administration wants this to go past the election. now that speaker boehner is engaged, they have asked him for this information, too. i think it is going to race to another level. i think we are going to demonstrate that we are bending over backwards to give the administration every opportunity to comply. but the clock's ticking. i think -- >> greta: but you say it's ticking -- >> no resolution. >> greta: you say the clock's ticking. i think, it's been a year and-a-half. it's so ticked and gone by. you have been quoted as say that this speaker boehner will be sufficiently embarrassed by the fact that this doesn't get results. you have said that about the speaker. this is a year and-a-half. you have a lot of authority to ask questions and have you gotten nowhere fast. i mean, in some ways, if you want those answers, you could get them, but you guys are letting it be slow walked. you issue not getting the answers because you are not putting any teeth into the investigation.

the family's sitting out there, wanting answers for their loved one. >> yeah. remember, it was more than a year ago -- there were 31 democrats who signed a letter to the white house, to the attorney general saying, you need to come clean on this, you have not provided this information. i just don't see where the outrage is. you look at a handful of people -- >> greta: what are you going to do? >> thursday -- >> greta: tell me what you are going to do. how are you dpg to get the answers? >> if it was up to me, we would be in the contempt proceedings. greta, if anybody in america ignored a subpoena, they would go to jail! in this case, we can't get the attorney general to come clean. i think we have no choice to you about go to contempt and until the country is outraged -- >> greta: that's your leadership, your speaker. you have the republicans over there. if you think that's the way to go, this is dragging on, if your subpoena isn't answered and the letters are not answered, if the attorney general doesn't answer the questions, the ball's in your court, if you want to do something! >> the next step is tomorrow.

but i am not necessarily going to argue with you. y think we are left with no other decision except to go to contempt because the attorney general has ignored us and based on the documents we have, thank goodness for the whistle-blowers, it is crystal clear to me, the evidence is there, the department of justice is lying. these people have got to be held accountable. they have to be fired. and so far thasn't happened. i am not here to argue with you on that. >> greta: all right. the thing is that, whatever the truth is, the truth is. if the justice department says you are nuts about this, they should bring the information and end it. that had been the end of t. if they are hiding something, you need to get t. have you the tools. this has been dragging on and the family deserves much more than we are giving them. >> absolutely. you have the same people, like lanny brewer and jason weinstein and these people that are still in positions of power. they know -- even the department of justice said that the

operation was fundamentally flawed. yet, you have the same people in place. as my colleague says, they don't have a frowny face on their performance evaluations, for goodness sake. so what are they doing? they are not taking responsibility. congress has to stand up for itself. >> greta: we will watch to see what you do at the hearing when the attorney general shows up. congressman, thank you. >> thank, greta. >> greta: tomorrow night -- tomorrow, house oversight chair darrell issa will be here to go on the record that. will be hours after attorney general holder has testified in front of the house judiciary committee. it's getting worse, new emails from a gsa official just as a culinary manager i make sure our guests have an over the top experience. being hands ons key! i make sure every plate looks just right. [ male announcer ] don't miss red lobster's four course seafood feast, just $14.99. sta with soup, salad and unlimited cheddar bay biscuits followed by your choice of one of 7 entrees.

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>> greta: it's bad enough they took more than $800,000 of your money to show that absolutely vegas bash with the mind, reader, clowns and magicians. but now we are learning that a top gsa official tried to bury that report for that lavish party spending. one of the emails asked, is there something we cant do to prevent another potentially embarrassing story from surfacing? he sent it befored the report was released. a chief correspondent for the

washington examiner is here. byron, tell me, how bad is this? >> it keeps getting worse t. gets worse. this is pretty bad. this is an email from the regional administrator of the western region. they know there is an investigation going on in this las vegas conference. they know that some of the people involved have had questions asked about the money they have spent, some of their travel and they don't want to get it out. so you have the inspector general, conducting an investigation, his findings are supposed to be public. congress is going to find out. here's this person saying, can we please, just keep this a secret? >> greta: what happened to the transparency business? first of all, they are secretly taking our money to have a big bash. they are trying to cover up the investigation, trying to bury the investigation? i mean, transparentsy is absurd. >> in fair tons her, she said, we don't want another one of these $16 muffin stories. remember the story a while

back -- >> greta: it was only $10. >> saying that the justice department had some meeting and they used muffins and paid $16 apiece for -- which was not true. so the story was knocked down, eventually. they said, we don't want this bad publicity that wouldn't be true. but the problem is they really did spend $800,000 plus on the conference. >> greta: but the email could have said eye am all for not having a $16 muffin. but the oh mail could have said, let's aggressively scprfght get to the bottom of it. let's tell the american people and fix the system so we don't do it again. that's not what it said, it said, basically, how do we hide this? it's vastly different. >> she said just the opposite. how do we keep it from the american people and from congress? because congress is going to ask more and more questions -- irvetion they're pretty much asleep at the wheel in the investigation. it is not like they are aggressive. >> we are finding out because congress is asking more and more questions. >> greta: it is hard to be

sympathetic to congress because they're supposed to provide the oversight. i wish they would do it before and not after, so congress is being aggressive. i would be happier as a taxpayer if they did it before and none of this happened. >> better that it's found now than never at all? you could make this. this is a good argument for government. if one house is incontrol and the opposition party from the white house and the administration, they will be able to subpoena and find out stuff like this? >> greta: well, anyway, the story continues, onward. it keeps getting worse. >> and the bonuses, too. >> greta: i forgot the bonuses. anyway, there is tomorrow. byron, thank you. coming up, the national unemployment rate is a depressing 8.2 beers. but not for everyone. another unemployment number that the obama campaign probably doesn't want to get out. this could spell real trouble. in two minutes, a brand-new feud for donald trump. this is byron york's favorite story ttrump threatening to

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let's broaden the world's energy mix. let's go. >> greta: look out, a new feud with donald trump and miss pennsylvania. she gave up her state crown, accusing the pageant of being rigged. she claims another contestant saw the names of the top five before the broadcast. when the top five were announced and when they were the same top five, she decided to step down. donald trump, who runs the organization called her accusation of the fix, totally ridiculous. organizers say she was upset that the pageant let a transgender contestant enter. but trump disagrees and says her primary issue is that she lost and in my opinion, i saw her barely a second and she didn't deserve to be in the top 15. she has given her 24 hours to apologize, or he's suing.

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>> from america's news headquarters, hello, everyone. the stage is now set for the child abuse trial of former penn state coach, jerry sandusky. 12 jurors and 4 alternates have been selected. opening statements set to begin on machine. the trial is expected to take several weeks. sandusky is accused of abusing 10 boys over a 15-year period. he denies the charges. if convicted, the 68-year-old sandusky could spend the rest of his life in prison. millions of linkedn users asking for password changes after passwords have been stolen and leaked online. more than 150 million registered with the company, the company not saying how many accounts

were compromised. it says that some of them correspond to linkedin accounts. now back to greta. all about the economy, what about this? you know the unemployment rate's 8.2%, and believe it or not that looks great to the latino population because do you know what the latino unemployment level is, 11%. and that's not all, african-americans are worse. it is 13.6%, 5.4% above the national average. those are extremely painful dis. that spell trouble for president obama? and opportunity for governor romney, to win over these voters? nice to talk to you. >> thank you for having us on. nice to be here. >> greta: all right. the numbers are stunning for the latino unemployment rate t. started off in january 2010 and has climbed to 11%.

is there a way to read the tea leaves and see how the latino community is responding to the jump in unemployment of 1%? >> i think it's definitely disappointing, after two months where it was steady at 10.3. and it is not particularly surprising, sadly because a lot of the industries where latinos are well represented are hurting , such as service, construction, retail, hospitality and manufacturing jobs as well. >> greta: president obama won a resounding number of latino vote in 2008. he won it by probably -- 30 points or so over senator john mccain in 2008. i am curious, looking forward to this november whether or not this economic number will have an impact on the latino vote and whether it will be a president obama vote or not? >> i think that -- i think he has the numbers and the support from the latino community,

clearly. i think it hovers around 61%, which is better than he does with the general populous. but, yeah, i mean, there is room for improvement, definitely. i don't think that president obama should look at his support within the latino community and take it as a given that people, you know, that lateenose will vote for him. i think they are concerned about the economy, along with education. >> greta: let me ask you about another topic, immigration. if there is a way to generalize, i know it's terrible to generalize, but which is more important, do you think for the bulk of theta latino vote? the question of immigration or the economy? >> without a doubt, the economy. i don't think we differ from the general populous in that. our jobs, our families are incredibly important to us. that means that we need to be secure economically, so the

economy is our number-1 topic and close behind that is education because 25% of school-aged children in the united states are latino. so that's a big concern as well. but we shouldn't overlook immigration as -- as an issue that could be a unifying factor. and something that could sway votes in november. especially, you know, when you have -- a major political party like the republicans... you know, who... you know in debate after debate, you know, the only way that you really heard about the latino community was to address the illegal immigration. the reality is that that's 11 million or so people. we are really 50 million people. in this country, who are the number-2 consumer group in the country and also have more than $1 trillion in spenning power.

so we are more than the issue. but at the same time, you know, when you have republicans addressing, you know -- illegal immigration, there is also a perception in the latino community that this is the only lens we are seen through. >> greta: i am well aware, the economy's hit everybody, thank you very much for joining us. >> you are welcome. thank you for having me on. >> greta: could the death tax be the death of small businesses. >> sean: a tax deadline is looming, leaving many small businesses on the line. what are business owners demanding from congress? griff jenkins hit the ground to find out. >> reporter: for hundreds of thousands of small business owners across the country, there is a dark cloud on the horizon. it is called the death tax. if congress doesn't act tcould destroy the life's work of many of thoseerno -- owners. as it stands now, the estate tax, levied at the time of death

is 35% with an exemption of anything under $5 million. but at midnight, december 31, if congress does nothing, it will go up to 55%, in the exemption that is $1 million. small business owners appeared before the house small business committee to voice their concerns. >> how will the estate tax that's going to go to 55% of congressman, how does this affect you? >> it has affected us already. it is not just when that happens, my dad for the last 10 years has been planning on trying to figure out how he was going to -- move this company to the next generation without having to dismantle t. i think the key is that, with the estate tax, it is all encompassing, it is your estate, not just the business. so any savings, any 401(k), any investments, your house, all of that gets lumped into that

same amount. so $1 million is not hard to get to when you consider everything over a lifetime. >> reporter: when you hear that it's going to 55% for everything over $1 million, your reaction? >> it's shock. number 1, again, we pay taxes, not only income tax and every bist money we have earned on this investment. we paid state taxes, sales taxes, over and over again. so the piece of the pie we are left with is our state. to have to pay 55% of that, when we have worked so hard to leave something for our families, it is a big hit. >> reporter: so your estate, your business is essentially everything you have got, this is your life's work? >> my business is my estate. that's it. >> reporter: currently, the estate tax is 35% and you can only be exempt if you have value under $5 million.

but at midnight, december 31 tautomatically goes up to 55% and exemption is $1 million, unless you do something about it. what is going to be done? what you can do? >> that's set up so it's a decision that is likely to be made in lame duck, the time between the election and the end of the new members of congress who have been elected. that's a dibolical situation, by the way. it's dibolical that if we don't do something, people will be siting there at midnight with a family member they love in a hospital bed or hospice, deciding whether to put the family member on life support, based upon the tax decision, uncle sam their will be there. that's cruel and dibolical. i am hopeful we can eliminate the death tax because it's a direct punishment on the american dream. >> reporter: how important is this small business impact, the death tax on the small businesses? >> it's got a great impact on

the small businesses. some splawl businesses are forced to sell to pay the debt tax. the federal government can take 55% of your estate, once the last survivor passes on. >> reporter: we have the dpd line, december 31 at midnight, what do you think you should do? >> we definitely have to act because, the status quo is not tenable. but i also believe that it will be done, ultimately. >> we should get rid of the estate tax. we held the hearing to show how much it's going to impact small businesses. have you small businesses, too many that have to sell the entire business to pay the estate tax. that shouldn't happen in this country. >> greta: straight ahead, incredible video for you, something you couldn't see on your own at home. you would need an extra-special space camera. space camera. a mega pop star is remember when taking a bath and going for a swim

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>> greta: 11:00 is almost here, flash those studio lights, michelle obama is taking over late-night tv again, transforming the top 10 list into fun facts about gardening. >> number 8. egg plants were originally cultivated for use as door stops. >> number five? >> later this year, the supreme court will finally rule on tomato various tomato. >> thank god. the number one fun fact about garden something. >> with enough care and effort, you can grow your own barackolli. >> wow, look at this. >> that is your last call. thank you for being with us tonight. make sure you go to greta wire.com.