so if i were president obama, i'd keep the champagne on ice. this is not an economy to be proud of. shortly after the stimulus bill was signed, president obama made another promise. he said he'd cut the deficit in half about it end of his first ? well, last week the congressional budget office said that the federal deficit for the coming year, obama's fourth year in office, would be over $1 trillion for the fourth consecutive year. he hasn't even come close. not even close. on this issue, the debt the president has been completely and totally awol. republicans have had to fight tooth and nail for every dime and savings we've secured. president obama ignored the advice of his own deficit reduction commission. he ignored the dirg warnine war that come to us every single day and he failed the american people who entrusted him with the stewardship of this country. more spending, more debt, fewer jobs. that's a sad legacy of this administration's policies. that's how -- [ applause ] -- that's how historians are going to remember the obama economy. that's how they'll remember this presiden

>> you call this the obama economy. but the houtsing, do you think the housing crisis was created by the obama administration? >> well, i think that obama economy did inherit a very, very tough situation when they came in. but i don't think any of -- anything that he's done up to this point made it any better. >> what would you do with the housing situation? this is the forefront of what is wrong in, you know, i'm a floridian, same thing there. i know nevada is about the only place can you say is worse than florida. >> right. obviously if there was an answer, we would figure that out five years ago. i'm introducing legislation. it's unfortunate that there are regulations now that says when a home is foreclosed on that, a bank cannot rent that home back to that familiarly. you know, we're talking about the spiralling value of home. it's because people are being kicked out of their homes. at least what we should do is change the rules. i'm going to attempt to do that next week. by allowing the families to stay in their ho

they say the three best ways to define the barack obama economy, the national debt, which is skyrocketinge unemployment which is north of 8% and gas prices. >> jon: fascinating. and while we're here mr. doocy would you like to make the pivot from revealing the game to playing it? >> and gas prices. >> they are impacting you. how has it affected you? what are you going without? e-mailzv us, we would like to know. >> jon: you can't do that. that's like hosting a show with a lab when this guy is on there. he just gave the game away. you know, they sent up a talking point which brings up a point i'd like to talk about. that ruins the game it's like second an e-mail to someone thats says hey click on this, it opens up a video of rick astley sing" never gonna give you up" which under most circumstances you would not expect to get. i'm not the only one who things he wasn't supposed to do that watch her laserÑiñr eyes when ss reaisles he is giving up the game. >> called pundit prep for the talking heads to go out. >> jon: it's like she's giving the signal to the host wrangler. it's like dart him!

it is about the economy, gas prices are going to almost double since obama became president by may.>neil: we will watch closely, senators always good to have you. >>guest: good to see you. >>neil: and no need to imitate the gipper, the advice for newt from a guy named mike. from a guy named mike. as in mike reagan.lowering my c. now i'm eating healthier, exercising more, taking lipitor. numbers don't lie. my cholesterol's stayed down. lipitor is fda approved to reduce the risk of heart attack and stroke in patients who have heart disease or risk factors for heart disease. it's backed by over 19 yes of research. [ femalannouncer ] lipitor is not for everyone, including people with liver problems and women who are nursing, pregnant or may become pregnant. you need simple blood tests to check for liver problems. tell your doctor if you are taking other medications, or if you have any muscle pain or weakness. this may be a sign of a rare but serio side effect. [ man ] still lo that wind in my face talk to your doctor. don't kid yourself about the risk of heart attack and stroke. if lipi

so if i were president obama, i would keep the champagne on ice. this is not an economy to be proud of. shortly after they stimulus bill was signed, president obama and another promise. he said he would cut the deficit in half by the end of his first term. how did that work out? last week had the congressional budget office said that the federal deficit for the coming year would be over a trillion dollars for the fourth consecutive year garrett kern he has not even come close, not even close -- for the fourth consecutive year. republicans have had to fight tooth and nail for every dime in savings we have secured. president obama has ignored the advice of his own deficit- reduction commission. he has ignored the dire warnings that come to us every single day from across the atlantic, and he has failed the american people who entrusted him with the stewardship of this country. more spending, more debt, fewer jobs. that is the sad legacy of this administration chose the policies. -- of this administration's policies. that is held they will remember this president's three-ye

and that he is basically trying to protect the middle class from the obama economy.t going to help though. even newt gingrich took a little shot at him today as a consequence of, this shep. it's not going to go away any time soon. >> shepard: carl cammeron in camp that pont, thanks very much. you take bitter control pills to prevent pregnancy, right? what if i told you your birth control pills may not prevent pregnancy? o my. does pfizer have a shocker for you and all the details and the pills in question that may not work next. plus, chrysler's huge come back, the auto giant does something that we haven't seen in more than a decade. we're off to motor city just ahead. [ female announcer ] at aarp we believe you're never done growing. i want to fall in love again. [ female announcer ] discover what's next in your life. g this free travel bag when you join at aarp.org/jointoday. if you took the top down on a crossover? if there were buttons for this? wouldn't it be cool if your car could handle the kids. ♪ ...and the nurbgring? or wh if you built a car in tennessee th

i think middle income families have been most hurt by the obama economy. reporter: romney left florida with momentum and lots of cash. newt gingrich finished 14 points behind but said he's not backing down. >> i am running to be the president of all the american people and i am concerned about all of the american people. reporter: in the states holding the next fundraisers and caucuses gingrich is way behind in fundraising and in organizing volunteers and staffers on the ground. the former house speaker is fighting hard to convince voters it's a two-man race for the republican nomination. romney's strategy is the opposite calling it a four- candidate contest with congressman ron paul and former senator rick santorum still in the mix. a super pac supporting santorum is ready to launch a new tv ad in missouri aimed at convincing voters he is the best conservative challenger to president obama. ron paul has a strong ground game in nevada. he skipped florida to focus on building support in caucus states. randall pinkston, cbs news. >> we've got a gop president

but the focus of my effort will be on middle income families who have been most hurt by the obama economy. >> after romney's original comments, president obama's campaign adviser immediately responded. >>> a student was inappropriately touched at a school. >> i have to protect my child. >> reporter: this woman is outraged after picking her son up at ketchum elementary school in south washington. >> it makes me feel terrible as a parent. >> reporter: school officials say a man walked in and inappropriately touched a student. >> all the teachers was running down the stairs r they called police. the man got away. officers searched, interviewed the child and talked to school officials. a statement was issued, dcps is treating this matter very seriously. we are working with the mpd and reviewing our security measures to ensure we have the best protocols in place to prevent further breach of our school building by unauthorized individuals. >> i'm going to transfer my kids if they don't find the person who did this. >> reporter: school officials say they told parents about what happened. but man

president obama sees the economy on the rebound and he should. today he told congress, don't mess it up. >> the recovery is speeding up. we've got to do everything in our power to keep it going. so i want to send a clear message to congress, do not slow down the recovery that we're on. don't muck it up. keep it moving in the right direction. >> keep it moving in the right direction. the recovery is happening. just think about this, there are 243,000 families that didn't have this happen to them in december. i wonder what kind of christmas and holiday they had? wonder what kind of new year they had? in january of 2012 they got a job. isn't that great? republicans in congress can't take credit for it because they've done everything they can to obstruct economic progress for the past three years. they want president obama's policies to fail so that they can win in november and he will lose. his policies, they are succeeding and the only thing republicans can do is pretend the good economic news, well it just doesn't exist. >> the president's policie

and i think the public probably believes that he does know the economy's workings better than obama. t the public doesn't know exactly in a detailed, specified way how romney would make the economy more reagan-like in growth than obama-like. people respect romney, but has he shown them how he's going to make things better? >> no. and he's had that 57-point plan, which is ridiculous. you wrote a column today, it's on the cnbc website. two paragraphs. just jumped out at me. i knew exactly what you would do. it said more than his 57 points. he's got to have a plan -- i think he's got it. i know he's a chess player. and maybe he's holding it back, he'll do it in the summer. this way gingrich doesn't have time to spit all over it. this time obama doesn't have time to co-opt it and start implementing some of it and take it away from him. remember clinton triangulated bush, stole his -- >> but the guy's been running for president for five years. i think the american public should know how he plans to -- >> he's like nixon. he's the new new romney. >> it didn't work for gore or kerry. >> this

the focus of my effort will be on middle-income families, who i think have been most hurt by the obama economy. >> as romney stopped in minnesota, ron paul rolled the dice in nevada with a strategy to collect delegates rather than win outright. >> we expect to get delegates out of here, and there's a very good chance that we could win. >> rick santorum was focused on colorado, looking to emerge as the leading conservative in the race. >> we're going to go out and stand up for the conservative alternative. >> there are reports that real estate mogul and reality-tv star donald trump intends to endorse newt gingrich. kate amara, wbal-tv 11 news. >> police are hoping somebody will recognize a suspect in a series of thefts in the canton area. police believe this person is responsible for a string of car burglaries. >> i guess i'm concerned because i live around the area and i am in the area a lot. i'm thinking about why they occurred and making sure it doesn't happen to me. i think it comes with living in a city. it comes with living here. >> anyone with any information of the identity of the met s

obama's handling on the economy.er, back in december, it was only 28% and january, 33%, and now 44%. so i guess progress and direction is everything. what's your thought? >> i think direction is a lot, larry. i think it is unlikely that unemployment is going to be below 8% by election day, but americans clearly are feeling more optimistic and with that optimism goes a more favorable view of president obama. i might add that as long as the republican primary continues and contenders keep on heaping negative ads on each other, the likelihood of another president obama turn is increased. >> steve moore. that's robert reich's view and he may be right. >> he bakley says a bullish stock market, better jobs and better economy. i want to ask you if you're worried about that and mind you, the pay to play poll has obama's chances of being reelected at 60%. >> ooh! i think for the first time in the history of this show that bob and i have been on, i think he actually got it right for once. bob is exactly right. >> uh-oh, now i'

people who are most hurt by the obama economy is middle americans. i am not looking to change the deal we have right now with regards to people looking at their share of the tax burden, but looking to lower the marginal rate for all americans across the board . by doing that. 55 percent of america's workers work in businesses that are snot classic corporations but taxed in an individual rate. i want to get the rates down so we get american workers back to jobs again. and that's why the wall street liked it and wrote a positive editorial and people look at president obama's plan that calls on raising the rate and thal kill jobs and make it harder for the economy to reboot. i want to make sure to get across to the merp people i am cutting rates by 20 percent and i am not putting a bigger americans. >> take the argument from the left. they say if your plan as advisors say revenue neutral and means all of the taxes and cut the rates and add or eliminate deduction is not going to raise or lower the deficit. you get the deficit reduction through spending c

i want to make sure we maintain the code and i want to help the people that have been hurt by obama economy, that is middle income americans. i don't want to change the deal with regards to people looking at their share of the tax burden, but what i'm looking to do is lower the marginal rate for all americans across the border board would. -- board. >> 55% work in businesses course think are taxed at the individual rate. i want to get the rates down so we can get american workers back into jobs again. this is pro-growth policy. that is waul why the "wall street journal" liked it. that is why i think people look at president obama's plan which is calling on raising the marginal rate. that will kill jobs and make it harder for our economy to reboot. whatever choice of language, i want to make sure and get across to the american people, i am cutting rates by 20% and not put a bigger burden on middle income americans. >> chris: argument from the left if the plan as you and your advisors claim is revenue neutral which means that all the taxes and you eliminate from deductions isn't going to rais

. >> we ought to provide help to the people who have been hurt most by the obama economy. and that is the middle class. it's not those at the very low end certainly not those at the high end. >> i'm not worried about rich people they're dog just fine. the a very poor have a safety net. >> in our country the people that need the help most are not the poor who have a safety net, not the rich doing fine but the middle class. >> romney is not worried about the poor so many times on the campaign trail he was surprised when he was asked to clarify his remarks on cnn today. >> you just said i'm not concerned about the very poor because they have a safety net and i think there are lots of very poor americans who are struggling who would say that sounds odd. can you explain that? >> well, you have to finish the sentence, soledad. i'm not concerned about the very poor that have a safety net if it has holes in them i will repair them. the challenge right now, we will hear from the democrat party, the plight of the poor, and there is no question it is not good being poor and we have a

the reality is, we're all living in this obama economy. the obama economy, too. and we've got to come together. gay and straight, liberal and conservative, and fire the president. that's what we have to do as is a country. we have to look at who is best positioned and best able to do that. and to fix the problems that everyone, including gay people, care about, those kitchen table issues that everyone is worried about right now. >> and the left would have you believe the only thing that gay people care about is military service and marriage. and while those are important issues, the fact is is that gay people care about things like the economy and jobs and retirement security. >> appreciate it. jimmy and chris, i could go on for a whole lot longer and i do appreciate you guys coming to talk to us today. i'll be interested to see what you think about how cpac resolves all of the issues after the next couple of days. thanks, guys. >>> ten minutes past the hour here. big birth control battle going on. catholic tv station is suing the obama ad

that's the economy we want. >> if i'm president of the united states, i will stop all the obama-era regulations, i will make sure that any of those that kill jobs, we eliminate, and i'll get america back to work again. >> i think you're going see the economy recover election night. the minute people realize obama's gone, that's how decisive the change is going to be and how rapid the change is going to be. >> and follow the candidates as they meet with voters. >> i thought i saw you. we're working for you. >> we're working hard for you. >> and use our website to view recent video from the campaign trail and read the latest postings from candidates, political reporters, and other viewers from social media sites at c-span.org/campaign2012. president obama is at the 60th annual national prayer breakfast this morning live on c-span2 in an hour at 8:00 eastern. on c-span3 at 10:00 a.m. eastern, federal reserve chairman ben bernanke testifies before the house budget committee on the state of the economy. in a few moments, today's headlines and your calls live on "washington journal." the house of rep

obama took office. if that number keeps moving up, if people feel better about the economy, is president obama a lock to win? ralph? >> i think it's a lot harder. but i don't think that will be the case. you've still got almost 1 million more people out of work today than when he took the oath of office. historically -- and, scott, i know you know this -- no one in the post-world war ii period has been re-elected as president in the year in which real personal income declined, and right now that number is down. it's not up. so, it's not just the single unemployment number, it's whether or not people feel like they've got money in their pocket. >> erick, do you think it's more than the economy? >> i think the race should be more than the economy. unfortunately i think republicans have decided they'll go with electability instead of issues and if electability is your case and the electability is based on i can fix the economy and the economy fixes itself, then why do we necessarily need a nominee that the obama campaign is going to spend millions and millions of dollars on to be unlikable. there needs to

saying that middle income americans are hurt by what he called this obama economy. >>> for middle incomecharitiable contributionings, contributions, they will continue, for high income folks, we'll cut back on that to make sure the 1% are paying their current amount or more. >> mitt romney said he would cut any nonessential federal programs which he says that the country can't afford. >>> and arizona and michigan holding their primaries next tuesday, february 28th. according to the real clear politics average of national polls, mitt romney has the lead in arizona right now, leading santorum by more than eight points, but the race in michigan is much closer. santorum has a slim lead over mitt romney there, 32 to 33, and in both states, newt gingrich and ron paul are far lower in the polls. >>> and some in the east bay city of antioch are pushing to do away with the city's elected mayor, they are looking at the controversy over the election. five contra costa cities elect their mayors. they say they could do away with election year posturing when they run for mayor. >>> and a stamp of appr

obama ruined economy on top of the record debt.us. >> we should look at jobs. just going filing under february, bankruptcy and job layoff and closing, more than in any time in history, so we will get another wave of unemployment. the housing market is disaste disaster. >> 254,000 jobs last month. i bet 1,000 we have job growth. want to bet me $1,000 we have job growth? >> sean: how many people -- bob. labor force, do you know the answer? 1.2 million. how many of the people are underemployed or can't find work or we stop counting? >> you blame obama for that. >> well, they are not close to the real numbers. >> you know they are not. >> you want to turn it into a capitalist system of ours -- >> capitalist system, yes. not crony capitalism, but capitalism. absolutely. >> crony capitalism is solyndra and sun power. >> allow the big banks not to go under. allow them to manipulate wall street. >> how many -- one big -- >> we are going to go over to solyndra. >> the banks, absolutely, the company can't survive it needs to go under. the ev

president obama. >> the economy is growing stronger. the recovery is speeding up.ve got to do everything in our power to keep it going. we can't go back to the policy that led to the recession an we can't let washington stand in the way of our recovery. >> all right, well he's of course hopeful because unemployment is down 8.3%, 243,000 jobs created well, john boehner thinks, of course, not good enough. let's watch. >> so the president really wants to get the economy moving again really wants to improve his own chances for re-election, maybe he'll pick up the phone and called senator reid and ask the democrats to get off their rear ends. >> they did get off their rear ends. that's why unemployment is going down. but for republicans it's never good enough. oh, i can't believe president obama. only improved by a quarter of a million jobs. we should get credit for that. in that same press conference they say, we introduced the jobs bills kind of last week. really? that's why they hired all of last month? these guys are a sad joke. while the economy is improving unfort

. >> we got to provide help to the people who have been hurt most by the obama economy. and that's the middle class. it is not those at the very low end. certainly not those at the very high end. >> i'm not worried about rich people, they're doing just fine. the very poor have a safety net, they're taken care of. in our country, the people that need the help most are not the poor, who have a safety net, not the rich who are doing just fine, but the middle class. >> michael eric dyson, i'll ask you first, was yesterday a misstatement? >> not at all. it is consistent with what he's been articulating throughout this entire process and over the years. he ignores the fact that the top 20% of american income earners own -- nearly earn 50% of the income. those who are poor, 15% of the population population, earn less than 3.4%. those in the bottom are in dire need of help. yes, the middle class needs to be helped seriously. those who are poor and working poor and what we mean by working poor is those who work 40 to 50 hours a week, often two and three jobs and they still can't

campaign, things that will matter will be the ones said in the fall when we start talking about the obama economyerence in a vision of the country where the government will run everything and people are still going to have opportunity. >> you don't think this hit on santorum is a pretty fair one. >> i haven't really paid much attention to it. >> on the payroll tax, republicans seem split again about whether on do any deal or just finish it off. are you part of this -- john cornyn said he wasn't for, but he didn't want to give the president ammunition to blame any economic dip on congress, so he wants to just get it out of the way. is that where your head is at? >> that's where the members appear to be. i've been pretty strongly out there on the contribution to social security needing to continue to be made, but there are lots of other things wrapped up in this thousand. the how we pay doctors under medicare, the president's managed to wrap this into a very complicated package. and i'm not sure he wants the solution. it's clear republicans want a solution in the house and the senate. i don't know

economy. >> the president managed to simultaneously increase unemployment, while increasing the pain of cost of living. >> reporter: for the republican candidates on the campaign trail, hammering president obama on the economy is as common as walking the rope line. >> a tough time, i know the president didn't cause this downturn. this recession. he didn't make it better, either, he made it worse. >> reporter: the biggest talking point may not stick. >> shouldn't be that complicated. >> reporter: the labor department report revealed 243,000 new jobs were created in january. almost twice what was expected. the unemployment rate fell for the 5th month in a row, 8.3%, it's the lowest since the month after obama took office. >> now is not the time for self inflicted wounds to our economy, now is the time for action. i want to send a clear message to congress, do not slow down the recovery that we are on. >> reporter: here in nevada people don't see that improvement. the high state foreclosure rate, five years running, 5 8% of homes under water, unemployment rate of 12.6%. the highest in the nation. >> obama care is yet to go in to effect. no question that when that goes in to effect, it will take

obama. the economy is going to be terrible and they will vote for me. the economy is getting better, and romney has not said what he would do to make it still better. >> there is no positive economic message coming out of him. his economic plan of 59 points, and he doesn't talk about them in the smeemps. for conservatives who want to here a powerful proactive conservative message, they think he is kind of a goose egg. >> and he is so uncomfortable talking about his own wealth that they are afraid he is not going to come out and call for lower marginal tax rates. he has an economic speech coming up on february 24. chris: going to draw the big picture. let's go to the white house original decision to require catholic institutions to pay for birth control. here is what kathleen parker wrote. even though some catholic women may disagree with the church, but they still respect it. they don't want to see their church beat up. i thought you said it well. >> it has the added virtue of being true. the women i have talked to, i happen to have a lot of catholic fr

the economy steadily improved under obama. a bloomberg report shows the economies of michigan, indiana, ohio and pennsylvania have improved faster than the rest of the country since the recession began in april of 2009 until the end of 2011. some of those, by the way, some of those are in what i call the scranton to oshkosh corridor. the sensitive blue collar part of the country where people depend on the accordion industries. they go in and out. they hire and then lay off people. hire, lay off. everybody's very sensitive. where there are lay-offs, where people are hiring. >> two things come to mind. the first is, david is right. they are going to go toe-to-toe and try to get something passed for the payroll tax extension. what bothers me or what sort sufficient interesting politically about that graph is ohio, indiana certainly, right to work states now are certainly having fights with labor. wisconsin, same thing. what that fight is going to have and whether or not the governor wins and whether or not there's going to be a ri