turn to robert reich, former secretary of labor under the bill clinton administration.rofessor of public policy at uc berkeley and author "after shock." mr. reich, great to have you with us tonight. is this a good idea? what kind of revenue could it generate? would it close the gap? what do you think? >> well, it is a good idea, it's a min you mum tax, in other words it doesn't -- the least that somebody who is a millionaire would be paying, and the estimates are really somewhere in the range of 40-80 billion dollars. this is not chicken feed we're talking about. it's fair, most americans support this, i think republicans will be in a very difficult place and difficult position saying no to this. >> here is republican senator john kyle on the floor today. here it is. >> president obama's campaigning for reelection on a soap the rich kind of platform. argues income inequality and check with fairness, in his narrative fair society requires more balloons or redistribution. >> mr. rick, if we go back to the old rates, which they were when you were in the clinton administrat

i have to ask you, what if you guys in the clinton administration had left the country the way bush did? what do you think the bush administration would be saying with 22 months of private sector job? that's not the first question i wanted to ask, but i just can't help it. >> i tell you, ed, if you look at the historic record and you have to be a little bit frightened by what might have happened, i mean, had the bush administration, george w. bush administration, given those big tax cuts away to the rich and the big corporations on top of, let's assume, your hypothesis, the clinton administration not created the 22 million net new jobs, we'd really be in trouble right now. much, much bigger trouble than we are. look, the critical point from today's job numbers is that the trend is in the right drerirect. in political terms, you are absolutely right. this is giving republicans a big headache. what can they say? he can't say he's a job killer because you have all of these new jobs being created. we're not out of the woods. as long as the trend continues in this direction, the president's

to a military for the 21st century is something that goes back to the bush administration, clinton administration of the few things i agree with him on is move it toward a propelled force. why do we need tankses in europe and 50,000 troops in europe? we don't need them. why do we need them in south carolina? why do we need more flat top aircraft? we haven't had a fighter jet war in -- >> dana: former secretary bob gates had a line america has a perfect track record for predicting wars. we are always wrong. you don't get to choose the next conflict you will have. to pivot to something is pivoting to asia and to the middle east means you are pivoting away from something. i think this year in particular splitticly if you tried to deal with the military cuts in this way, that they will have a hard time in some of the states where president obama wants to win. like north carolina. virginia. >> kimberly: short-sighted. also completely obscuring the problem here. this is actually only 20% of our actual federal budget spending. represents only 5% of our gdp. people, get with the program. this isn't where

the clinton administration never thought that they were going to get into haiti, somalia. the bush administration did not come in thinking that they would be nation builders in iraq and afghanistan. reality has a way to impose itself. from my perspective, the real decision is not to get the balance of power out of balance. my fear is with respect to the ground side that we are doing just that. the army and marine corps did not grow to the size necessary for 10 years of war and now we're acting as if they did and are cutting back. >> thank you very much for joining us. >> thank you. >> it has been another bloody day in iraq. at least 73 civilians were killed in a series of bombings across the community. the capital of baghdad came under attack with a series of explosions earlier in the day. we were sent this report from baghdad. >> the explosions struck shiite areas in southern iraq and baghdad and left dozens dead and injured. cars and roadside bombs were used according to the iraqi ministry of interior. the targets were all civilians. the deadliest explosions or a group of

the clinton administration never thought they were going to get into haiti, somalia. the bush administration did not come in thinking that they would be nation builders in iraq and afghanistan. reality has a way of imposing itself. from my perspective, the real decision is not to get the balance of power too far out of balance. my fear is that with respect to the ground side that we are doing just that. the army and the marine corps did not grow to the size necessary for 10 years of war and now we are acting as if they did. >> thank you very much for joining us. >> thank you. >> problems in iraq still remain despite the u.s. military pullout. at least 73 civilians were killed in a series of bonds across the country targeting the shi'a community. the capital came under attack with a series of explosions earlier in the day. the sharp rise in sectarian violence is happening amid a political crisis which pits the shi'a prime minister against the sunni vice president. the trial of hosni mubarak took a dramatic turn when the prosecution demanded that he received a death sent

tax rates to where they were in the reagan administration, and to where they were in the clinton administration. the people on the political right see that as the second coming of stalin. the economy did well in the 1980's and 1990's when tax rates were much higher. the highest marginal rate was 39% in the 1990's. 36% now. there's something very overwrought when we talk about is the rich should pay a little more. for most of history, they have paid substantially more. the tax cuts were meant to be temporary. >> thank you. thank you very much. thousands of egyptians have returned to tahrir square in cairo one year after the start of protests that overthrew president hosni mubarak. this is the scene live at the center of the egyptian capital. it's the scene of two different gatherings. one is calling for a revolt against army rule. another is about to celebrate the changes that have already been achieved. our correspondent in the square says its dominated by the muslim brotherhood, just like the parliament. the so-called facebook generation, mainly young people, they are somewhat lost in the crow

what is amazing is this continued for the clinton administration, definitely through the bush era, withtax cuts, and tragically, it has continued through the first years of the obama administration. what you see our two political parties that are both so eager to get big campaign contributions from rich people that they don't even hear the poor people anymore in this country. tavis: there are a lot of poor people who voted for then senator obama who thought this would be the end of the reagan revolution. that reagan era would finally come to an end and things would be different. the message of hope and change it resonated with so many americans that mr. obama wins in a landslide. you suggest this has continued three years into his presidency. what do you mean by that? >> i supported the president and i am going to vote for him for reelection, but it has not been changed, it has been continuity. the sad part is that even when senator obama was campaigning to become president obama, in the summer of 2008, his campaign advisers rode column in the wall street journal that said we will keep

it is ironic that this white house, which was so derisive of the clinton administration for its small ball, has adopted the same tactic. >> what did you think of it mitch daniels' response? >> the best response speech i have ever heard too estate at the unit, which is very hard. it was the best articulation on conservative positions of reform on inequality and all that anybody has given in this cycle. you sort of sigh and wish he were running, but my advice to mitt romney is to memorize that speech, give it everywhere you go, and you will be president. he took on the issue of inequality the way nobody else has. the way to remedy the inequality is not to raise rates. what you want to do is have the rich contribute by eliminating deductions, and also, entitlement reforms, which means the rich will get less, which promotes social equity and debt reduction. that is the way you want to do eight. nobody else stated it, and he did it in 30 seconds and it was remarkable. >> do you agree with mitch daniels that it is not fair or true for the president to attack republicans in congress as obsta

it is ironic that this white house, so derisive of the clinton administration for its small ball, has adopted the same tactic. >> what did you think of mitch daniels' response? >> the best response speech i ever heard after a state of the union, which is hard to do because of the pomp of the state of the union speech. it was the best i titillation of conservative stances on major issues of reform that anybody is given in this cycle. you sigh and wish he were running, but the advice i give to mitt romney, memorize that speech, give a everywhere you go, you will be president. he took on issues of inequality in away nobody else has. he said the way you want to remedy inequality is not to raise rates, which will hurt the economy. what you want to do is you want to have the rich country but by eliminating deductions, which increases in efficiency and inequity, and entitlement reform, so the rich will get less, which promotes social equity and debt reduction. that is the way you want to do it. nobody else has stated it. he did it in 30 seconds. >> to agree with daniels that it is not fair o

the income tax rate is the same as when i was working for the clinton administration. >> they are lookingwho is -- >> they are saying the rich are doing well, why aren't we doing well. let's benefit the middle class. >> this is the job debate that will play out for the next -- how many weeks do we have? >> who knows. far too many. >> thanks for joining me. we'll talk to you soon. >>> a landmark new study says a great teacher determines how much money you'll earn later in life. that's next on "your bottom line." over twenty delicious varieties have sixty calories or less per serving and are now weight watchers-endorsed. try green giant frozen vegetables with sauce. forty years ago, he wasn't looking for financial advice. back then he had something more important to do. he wasn't focused on his future. but fortunately, somebody else was. at usaa we provide retirement planning for our military, veterans and their families. now more than ever, it's important to get financial advice from people who share your military values. for our free usaa retirement guide, call 877-242-usaa. >>> a landmar

those of white house covered president clinton remember him well because he served in the clinton administration. this is his second turn as budget director, he's president obama's budget director so he's moving knowing the government and the money and the bodies buried on the hill, program by program, dollar by dollar, moving into a political year when management has a different definition than what it was that bill daley was asked to do and he has served on the hill beginning with the famous speaker tip o'national league and has been around for a long time. >> jack lew, the new chief of staff, is clearly the kind of guy who can keep the lights on while the president and the gang run a presidential campaign but i want to get back to the proposal. this seems -- it seems like the president, once again, will put the republicans in a tough place here because the republicans, after his recess appointments to the labor relations board were saying, well, maybe we won't even allow sessions to take place because we're so angry about that, well, they can't not show up, so they will. and now he's put this

e-mails to the bushed a administration will be three times the number of e-mails in a the clinton administration, we are talking about billions and billions of electronic records. >> do you think some people in the administration hearing this program will have a nervous brokedown when they realize their e-mails are going to be forever embalmed in your -- that is not -- you can skiis the word, -- excuse the word but in a repository at your facility? >> preserved is the word we would use. >> you think they'll have nervous breakdown. >> i doubt it very much. >> there are 11 presidential libraries. >> at present, yes. >> that means that the press -- >> have no presidential library. >> there are 11 presidential libraries in the federal presidential library system paid for by -- funded bit federal -- byked federal government in cooperation with -- for preceding presidents this preceding program began under ly which opened a few weeks ago. >> that is privately manage and funded? >> funded by the state and by private money. and there are other libraries for 19th century presidents but they're funded pri

economy played in killing the last major attempt to reform the health care system with the clinton administration proposing a new tobacco tax to help pay for their plan to back a company philip morris funded i major grassroots effort by the group. citizens for a sound economy also went hand in hand with the health insurance industry to defeat the reforms by running a few campaign from the clinton plan with soviet style socialized medicine that would lead to a denial of health care treatments they sent the supporters out to him democrats including first lady hillary clinton as they attempted to explain the reforms get out there isn't all that i always like. that you're. there close yeah i was there i was. trying to draw out the hours of the shortage of american. health care reform to make sure everything the american if. one person who has worked on coalitions with citizens for a sound economy is wendell potter a former health insurance industry spin doctor turned whistleblower about these deceptive practices. they have insurance industry is very much like the tobacco industry it's held in very lo

e-mails to the bushed a administration will be three times the number of e-mails in a the clinton administration, we are talking about billions and billions of electronic records. >> do you think some people in the administration hearing this program will have a nervous brokedown when they realize their e-mails are going to be forever embalmed in your -- that is not -- you can skiis the word, -- excuse the word but in a repository at your facility? >> preserved is the word we would use. >> you think they'll have nervous breakdown. >> i doubt it very much. >> there are 11 presidential libraries. >> at present, yes. >> that means that the press -- >> have no presidential library. >> there are 11 presidential libraries in the federal presidential library system paid for by -- funded bit federal -- byked federal government in cooperation with -- for preceding presidents this preceding program began under ly which opened a few weeks ago. >> that is privately manage and funded? >> funded by the state and by private money. and there are other libraries for 19th century presidents but they're funded pri

e-mails to the bushed a administration will be three times the number of e-mails in a the clinton administration, we are talking about billions and billions of electronic records. >> do you think some people in the administration hearing this program will have a nervous brokedown when they realize their e-mails are going to be forever embalmed in your -- that is not -- you can skiis the word, -- excuse the word but in a repository at your facility? >> preserved is the word we would use. >> you think they'll have nervous breakdown. >> i doubt it very much. >> there are 11 presidential libraries. >> at present, yes. >> that means that the press -- >> have no presidential library. >> there are 11 presidential libraries in the federal presidential library system paid for by -- funded bit federal -- byked federal government in cooperation with -- for preceding presidents this preceding program began under ly which opened a few weeks ago. >> that is privately manage and funded? >> funded by the state and by private money. and there are other libraries for 19th century presidents but they're funded pri

a lot of time in the media recently but people forget when he was front and center in the clinton administrationrgument is that he never quite took off that hat. successfully. >> and increasingly that is the way political coverage is going. activists, news people, news people become activists. i mean, it is just such a thin line at this point as to be nonexistent. >> and the other thing people forget, it was a long time ago and diane sawyer worked in the nixon administration. it's not just democrats who come out of administrations and work in the media. >> not just in the past, also future, anybody in these debates, is stupid from their point of view, in the media, to use the debate to get attention and notoriety and for all the republicans, george stephanopoulos, and, people are cheering for them and they say, my next interview with president obama, will be and, with vice president biden and michelle obama and the notion of a get is fully in that he minds of these people, as they ask the question, in a youtube question will be noted for asking the hardest question. >> my criticism, mark mackinn

joining me is laura tyson and former economic adviser for the clinton administration and mort zuckerman chair and ceo of boston properties and u.s. news and world report editor in chief. good to have you here today. we are seeing signs of life in the economy. jobless claims at the lowest number since 2008, the unemployment rate moving lower recently. there seems to be less worry about europe, as well. earnings season not so bad. where do you think we go from here? >> i think there have been some signs, tentative signs and i feel they are overexaggerated and overstated in term of economic kons senses. the rnc reason the jobless claims have dropped is fewer people are fired but few are being hired. that's where the choke point is on unemployment and that kind of weakness, i hope it turns better, but it is hard to predict. >> what do you think, laura? how do you see it? >> i think that the situation is very fragile. i think there is a degree of maybe exaggeration of the stren the -- strength of the economy. the economy's potential growth rate is cyclical up or downturn is in the 2 1/2 rang

as counsel to various entities and bill clinton and as the secretary of the cabinet of the clinton administration. currently is he a partner in the international law firm but his interests go beyond a legal field. he has wide ranging interest and public spirited, serving on boards as diverse as the national fish and wildlife foundation, historical society and ethics advisory committee of the u.s. olympic economy, among many others. newsweek magazine named him as the 100 people to watch and we have an opportunity today to hear him share his insights on the legal issues surrounding the eisenhower years and the men who shaped them. following mr. marshall we have dr. charles sanders, an associate professor at my ala mater, kansas state university. he received his undergraduate degree from louisiana university and a masters of north georgia college and from the united states naval war college and a hpd from kansas state where he has been teaching since 2001. his research is centered on military and has written a book titled "while in the hands of the enemy." one reviewer for the georgia historical qua