at 9% plus unemployment in the obama economy. the 13.5 million remain unemployed in the obama economy. small-business start-ups, business owners remains at a 17- year low in the obama economy. meanwhile, house republicans have passed three more jobs bills. we now have 23 stacked up like cordwood at the u.s. senate, awaiting action in the democratic senate. as our leader said, we will continue to try to work with our president, senator reid, and the democrats. we did on the trade agreements, the 3% withholding, the american veterans act, but it is time for the president to admit after being able to enact all of the major tenets of his agenda, the health care plan, dodd-frank, the stimulus, ultimately his policies are not working. so we would ask mr. president, please tell senator reid to cast our jobs bills. >> the question is not really where are we today. the question is, where should we be? remember, the obama administration promised the american public that if the stimulus bill passed, that right now we would be under 6.5% une

it's not the obama economy. it's the bush economy that president obama saved from going in the second great depression that this country would have suffered in 100 years. saved it from depression with great actions at a time of bipartisan action that helped save this action from the great depression that it otherwise was looking at. i think we need to commend president bush and not bush whack him when we get a chance. this bill that's been brought up, h.r. 10, the reins act, would rein in government, it would rein in regulations that are promulgated with regulations to come up with rules and regulations to implement the laws we pass. now, i'm proud to be a member of the united states congress, and i know we have good men and women in this house and most of the people are very good men and women, but right now congress has a 9% approval rating. and this bill would tell the american public that they should take the expertise of the people that are in the agencies and the administration and turn it over to 435 memb

9% plus unemployment in the obama economy. 13.5 million remain unemployed in the obama economy. small business startups and entrepreneurship remains at a 17 year low in the obama economy. meanwhile, house republicans have passed three more jobs bills your we now have 23 of them stacked up like cord wood at the united states senate awaiting action in the democratic senate. as our leader said will continue to try to work with the president and senator reid and the democrats as we did on the free trade agreement with 3% withholding of the american veterans act. but it is time for the president to admit after being able to enact all the major tenets of his agenda, beat his health care plan, the dodd-frank, be it the stingers, that ultimately his policies are not working. so we would add, mr. president at least tell senator reid to pass our jobs bills. >> the question isn't really where are we today. the question is where should we be? remember, the obama administration promised the american public that if this thing this bill passed, that right now we would be under 6.5% on the poin

that this is an obama economy.ive months after president obama held up his hands, the recession bottomed out. we thought we were going to lose about 3.8 gdp and we lost 7.5. that is why the stimulus was not large enough. the way that the republican fought the stimulus when they knew that was what we needed, this is what they gave us. for six years we had a republican president that dominated a republican congress, senate and house, and this is where we ended up. host: thomas on the line from frankfort, ky. caller: i am an independent. my wish would be to see jesse ventura run on the independent ticket. the media needs to address the failures of mitt romney and the business community. this man destroy jobs and companies. third, the gentleman that was the grading the south a few minutes ago, i agree with him. we never need another president from the state of texas. we never need another president that was born in kenya. thank you. host: here is mitt romney's closing advertisement entitled freedom and an opportunity -

obama is in a weak position. look at his approval ratings. you see one that creeps up to 50 or 51 where he needs to be. his low approval ratings on the economy is not doing, as well. it's not turning around fast enough. he is in a very precarious position. >> mark: in obama is the issue he loses. if an individual republican candidate is the issue, things are different. >> independents are going to decide this election. it's not going to be republicans. it's not going to be democrats. people are going to vote their pocketbooks. what results has obama given us? >> the economy is turning around. i don't know what else to say. we are adding some jobs. >> mark: it's turning around in a barrel detectable. >> survey of economists they see the economy is turning around. >> and unemployment is high. the could collapse. >> mark: economy turns around with any more does young speed. thank you ladies. here we go again. speaking of the economy, president obama intends to ask congress to raise the debt ceiling by more than 1 trillion dollars. this time your representatives are on vacation. later with the middle east on edge, ambassador john bolton reacts t

this election is a referendum on barack obama and the obama economy. f we allow the obama campaign to turn this election into a choice between him and somebody else, it's going to be, i'm not saying we won't win -- >> that's what $1 billion does. >> it's a much harder campaign. i think the rove map makes a lot of sense in an economic referendum kind of election. because you start looking at some of those states that the republican nominee would need to pick up, and like, of ohio, florida, north carolina, these states have terrible unemployment. and so, it's an unfortunate fluke for president obama that so many of the swing states this time around seem to have such higher unemployment rates than the national average. >> can the democrats -- can the republicans win without ohio? >> it starts getting tough. >> can your state -- can democrats win without pennsylvania? >> no. some of it's traditional. thank you, steve mcmahon. are you betting on newt right now or betting on romney? >> my money's still on romney, but i'm not willing to bet less of it. >> who

economy works. i believe for americans to say good-bye to president obama and elect a republican, they need to have confidence the person they're electing knows how to make this economy work again and create jobs for the american middle class. >> your response? >> just a second. four allegations, i get four responses? >> take your time. >> okay. let's start with the last one. let's be candid. the only reason you didn't become a career politician is you lost to teddy kennedy in 1994. >> wait a second, wait a second, that's -- [ audience booing ] >> let him -- you'll get another response. go ahead. >> okay. >> do i get to -- >> please, please. >> no, i'm just saying -- i looked and thought, you know, i served the country in many ways. you serve the country in many ways. it's a bit much. you'd have been a 17-year career politician if you'd won. that's all i'm saying on that one. number two, i'm proud of trying to find things to give young people a reason to study math and science and technology and tell them some time they can dream of going to the moon, going to mars. i grew up in a generation where t

there are going to be two questions voters ask in 2012-- is it working-- that is is the obama economy-- and is it fair? and i think he obviously wants to emphasize the secondals because the statistics on the first are not that positive. >> woodruff: you're saying to focus on the fairness is off the point, it should be more about what's happening to the country? >> i think it's about growth. we haveanin equality problem, there's no question. we want a stronger economy and strong wage growth. and that's somewhat related to whether the top 1% get super bonuses but 's not totally related to that so you better have a strong story about generating economic growth and i didn't see that story. second, politically, i agree with mark the republican party has gone very far right but if they sing the hymninal of fox news ydo you sing the hymninal of msnbc? why don't you do something more centrist rift. i think he should acknowledged not only do we have an inequality problem but we have a growth problem and a debt problem. >> it rail was teddy roosevelt. you can argue what phase of teddy roosevelt

. >> we've got to provide help to the people who have been hurt most by the obama economy. and that's the middle class. it's not those at the very low end, certainly not at the high end. it's for the great middle class, the 880% to 90% of us. >> 80% to 90% of us? mitt now that's rich. >>> we're talking about a man talking about expanding the size of his home in california, it's too small, and who has this message for people who could lose their homes. >> don't try to stop the foreclosure process. let it run its course and hit the bottom. >> this is the man who says corporations are people and seems to think that real people don't count, unless they're rich. >> they can race taxes -- of course they are. everything corporations earn ultimately goes to people. >> this is the man who got rich at bain capital laying off workers and selling some of the companies into bankruptcy after he bought the bankruptcy. barack obama, as marie antoineette? i don't think so. i think you're trying to play the whole game that's often played of smear, smear, smear, don't get into content, don't

more confident that he can go to the american people and say the tea party is wrong. >> this is obama's economy's gotten all of his major policy initiatives for three years, the democrats have controlled the senate for five years, four out of five years in the house. this is their economy and they desperately need something to blame republicans on next year. republicans are all for lowering taxes for the middle class. but not for temporarily continuing to raid social security and say we're helping the economy. they're trying to help people with get more money who already have jobs when his policies are hurting the economy. >> let's talk about the payroll tax for a minute, because that is the fight at the moment. bigger and produbroader questio. payroll tax, some say we extend it if we find spending cuts, not a tax increase to pay for. listen to michele bachmann, one of the candidates for president, sounds like you're in her camp, i've supported in the past but i don't see evidence that it's stimulating the economy and it hurts social security. let's listen. >> he said he wanted to lower the pay

obama and the democrats at all costs. they're not interested in helping the economy. they're not interested in helping middle class families when it comes to tax breaks. and when i say personalities, the tea party, they know that boehner can't stare them down the way nancy pelosi stares down her caucus at times and has in the past. that's why she was able to accomplish so much legislatively. but the tea partyers, they know boehner. they know he caves. they know they can take him on the golf course and do a deal and go back and change it. in fact, they can get him to do the national shows and say something totally different from what he said 48 hours earlier. this is their guy. this is right what they want. by the way, there's not going to be any revenue. i've told you that for weeks. there is no way that the republicans are going to give up any revenue whatsoever. so what are they going to cut? who knows. this voting won't pass tonight and now there's some friction between the senate republicans and the house republicans. we'll see where it all ends up. stick to your

at this rate, the ideal obama economy will have 11 people looking for work and the other 304 million people won't count. just look at the record. more people have gotten on food stamps under barack obama than any other president in american history. >> [inaudible] >> yes? >> [inaudible] >> i am suggesting that maybe if they have a job -- rc hammond did not get paid but he went in early in the morning as a volunteer and he was used by the school to reprogram computers and he used -- any learned most of his skills by being a student volunteer. take some of those kids who are in danger of dropping out. what they were the assistant clerk of the front office? what they helped in the kitchen? what they did the lighter work? i do not suggest that children 14 or 15 years old do have a dangerous janitorial work. there are a number of things done to clean buildings that are not heavy or dangerous. what you took kids in danger of dropping out and said if you will stay in school, we will give you a four-hour per day job and allow you to work after school and you will have cash and be able to go d

. >> the obama economy welcome. >> thank you guys.on the run down, mitt romney on his conservative credits and the biggest mistake he has made along the way. the governor in the no spin zone. eric holder blocks a new voter i.d. law in south carolina. was that a good or mad move? we will debate it when the factor continues. >> eric: in the factor flashback segment tonight, a new poll from the "boston globe" shows republic presidential candidate mitt romney running away from the rest of the field in new hampshire. romney is in first place with 39% of the vote. newt gingrich and ron paul are tied with 17%. jon huntsman is in fourth place with 11%. romney recently visited the no spin zone for an interview with bill o'reilly. listen. >> all right. governor. i want to get people to know you a little bit here in a personal sense rather than a policy interview tonight. the first thing i want to do is run a sound clip from the debate last week on fox news. go. >> i have learned over time like ronald reagan and george herbert walker bush and ot

the people hurt in the obama economy are not the wealthy. the wealthy are doing just fine. the people hurt are the people in the middle class and so i focus those precious dollars that we have i focus that on the middle class. >> chris: what is wrong with the 15% flat tax or 20% flat tax. you are keeping the rate at 35%. >> i would love to see a tax system which brings down rates which is a more broad based tax system which elimb nails some of the deductions and exemptions. the bowles simpson plan had a lot to speak for it and i will work on a plan of that nature. the policies so far put forward of that nature have represented dramatic reductions in tax for the very highest income people and i'm not looking to dramatically reduce taxes for the wealthiest in our are society. not that there is anything wrong with being wealthy. i'm pleased to have done well, myself. you understand that and others do. my intent is to help middle income americans and the plan that dramatically cuts taxes for the wealthiest is in my opinion not the right course. >> chris: you talk about helping

obama at 44%. tonight on 60 minutes, the president talks to steve croft about the economy and his reelection campaign. randall pinkston reports. >> reporter: president obama says he deserves to be re-elected based on the accomplishments of his administration. >> not only saving this country from great depression, not only saving the auto industry, but putting in place a system in which we're going to start lowering healthcare costs. >> reporter: but a new cbs news poll shows the president is vulnerable. 54% of those polled say he doesn't deserve another term in office. the biggest issue for most voters is getting the economy back on track. on 60 minutes, president obama said he doesn't think the republicans have the solution. >> do they think that cutting taxes further, including on the wealthy, cutting taxes on corporations, regulations, do we think that that is going to be somehow more successful? i don't think very many people believe based on what they have seen before that's going to work. >> reporter: but 68% of those surveyed say president obama hasn't made real progress fixing the economy eit

families and that's why we don't want to raise taxes on people, particularly in the middle of an obama economy. but let's hope that these guys are able to get the job done. >> so you don't agree with senator brown's irresponsible and wrong comments? >> look, come together. i'm not going to throw gasoline on what is already a fire. what we really need is a president that's a leader that can stand in with the members of both parties and work together on finding a common solution. but this president has been intent on attacking, and attack mode is not the way a leader tries to get people to work together. >> i want to talk about newt gingrich for a minute. you've used some tough words about him, zany, unreliable, inconsistent, loose cannon, you believe he might be tearing up the constitution about this idea about judges. just this morning i got my usual daily e-mail now with the headline on gingrich called unreliable leader. do you think he's fit to be president? >> of course i think speaker gingrich has the qualifications to become president. i've said before that i think anybody on the stage wo

the people have been hurt in the obama economy, are not the wealthy. the wealthy are doing just fine. the people that have been hurt are the people in the middle class so i focus those precious dollars that we have, i focus that on the middle class. >> what's wrong with the 15% flat tax or the 20% flat tax? you're keeping the top rate for the wealthy at 35% still. >> look, i would love to see a tax system which brings down rates which is more broad-based tax system that eliminates some of the deductions and exemptions, the bowles-simpson plan, for instance, has a lot to speak of it. i'll work on a plan of that nature. the policies that i've seen put forward of that nature have represented dramatic reductions in tax for the very highest income people. i'm not looking to dramatically reduce taxes for the wealthiest in our society, not that there's anything wrong with being wealthy. i'm pleased to have done very well myself. you understand that. others do. but my intent in running for president is to help middle income americans and a plan that dramatical

the people have been hurt in the obama economy, they're not the wealthy. the wealthy are doing just fine. the people that have been hurt are people in the middle class. so i focus those precious dollars that we have, i focus that on the middle class. >> what's wrong with the 15% flat tax, or the 20% flat tax? you're keeping the top rate for the wealthy at 35%. >> look, i would love to see a tax system which brings down rates, which is a more broad-based tax system, which eliminates some of the deductions and exemptions. the bowl simpsobowles-simpson pd something to speak for. the policies i've put forward have represented dramatic reductions in tax for the highest income people, understand i'm not looking to dramatically reduce taxes for the wealthiest in our society. not that anything is wrong with being wealthy, i've done well myself, but my intent running for president is to help middle income americans and a plan that dramatically cuts taxes for the very, very wealthiest is in my opinion not the right course. >> you talk about helping the middle class,

we know they're dropping because people are just quitting, they're no longer looking, the obama economy has so discouraged the american work force they've just quit looking. but there's still some long-term unemployed fox he -- folks out there. not some, lots. how many get helped by the house bill? four million. how many get help from the senate bill, mr. speaker? zero. is it worth fighting about, mr. speaker? is it worth standing up and being counted when the solution that this house has proposed under regular order speaks to the needs of four million long-term unemployed americans? and the senate bill speaks to zero. zero. payroll tax cut extension. payroll tax cut extension. this is an extra 2%, ordinarily folks are paying about 6% in payroll taxes out of their paycheck. this is cutting that down to 4%. it's a 2% reduction in the social security contributions of every american worker. every american worker takes home 2% more in their paycheck. house-passed solution, 12-month extension of that 2%. senate-passed solution, two months. two months. how many speakers have we heard today, m