brown >> brown: and for an opposing view, we're joined by douglas holtz-eakin. he's a former director of the congressional budget office, served on the council of economic advisers for president george w. bush, and was chief economics adviser to john mccain's presidential campaign. he now heads the american action forum, a policy think tank. >> welcome to you. >> thank you. >> brown: you heard the argument. what is wrong with having the wealthiest pay the same rate as middle-class americans. >> well, let's look at the problems gene identified and ask how it does. it creates not one new job. indeed, it will hit some small businesses. it amounts to one tenth of one cent of every dollar of deficit that we have this year. so it does nothing for our budget problems. and it doesn't get rid of the alternative minimum tax, it doesn't get rid of any special loophole, it doesn't get rid of any special tax preference. so it doesn't move the ball on tax reform, either. >> brown: wait a minute, i asked a question about fairness. is there a fairness argument here? is it a pro

john taylor will be here, robert doll will be here, douglas do holtz-eakin sounds on and constance hunter is our guest. the fun begins at 6:00 a.m. eastern time. joe will be back to his normal, chieff cheerful self. >> i'm fine. i'm cheerful. it was a rough ride in. >> you like your routine. >> i like it dark. i like it dark and empty. >> leave the closet door open. >> you have the world to yourself. you have the world to yourself when we're coming in, when we get here at 5:00 a.m. we've been doing this seven years. >> six or seven years. >> that was our sentence. and then i got paroled and now i'm going to commit a mi misdemeanor. >> what was your crime? >> i don't need to do anything really -- >> can i help you think up who you want to do something against to get back in? >> i could probably slit someone's tires. >> i don't know if you saw the news but denniss cou koslowsky was up for parole got declined. >> and charlie manson, if they deny him this time, it's another 15 years. so he will -- >> they're not going to give him parole. >> no, they won't. he's an old man. he's 77 years old n

up next, cbo director douglas holtz-eakin. more than 150 million professionals are connecting here.h the big board. >>> friday's disappointing jobs report is popular discussion between political prognosticators. good morning to both of you. david, let me start with you. let me read something to you. this is hamilton play strategies put out a note that says this: despite a weak report, the threshold for getting the unemployment rate below 8% by election day may have become easier for president obama. hee estimates the president onl needs 176,000 jobs per month to get below that 8% unemployment number. is that 8% a magic number? >> no being i don't think it is. i think the trend line is the issue here. barack obama is going to ask what looked like the economy looked like when i came to office, losing 750,000 a jobs for month, now we're beginning 100 tuesday to -- 100,000 to 200,000. i think the trend line is what matters and people who are considering joining the labor force actually when they see positive movement, they may be inspired to join the labor force and that could have a da

douglas holtz-eakin was with the council of economic advisers from 2001 to 2002. he served as director of the congressional budget office from 2003 to 2005. professor judy feder served as dean of the public policy institute in washington d.c.. today, she is a professor at georgetown university, and its fellow at the -- institute and an elected member of the institute of medicine. dr. bruce chernof is part of an organization that is dedicated to the resource and dissemination of knowledge to improve global help. he also serves as the chief medical officer for the los angeles county department of medical services. we thank you all for being here. before we go to your testimony, we will hear from the distinguished ranking member of this committee, senator bob corker. >> i came at the perfect time. i do not give opening comments but. i look forward to listening to our witnesses -- i do not give opening comments much. i look forward to listening to our witnesses. >> thank you for the opportunity to testify today on long-term care insurance. long-term care is provided t