we are advised that took schumer will introduce same-sex reform in january 2010.we are also told that passage by the spring is imperative. congressman good cheer rest will introduce comprehensive immigration reform for the house apparently in the next few weeks of around thanksgiving. while senator schumer is likely to include this language in any legislation, it is not a slam dunk. as the professor told us, there will be different versions of different bills. now, gutierrez's office has been quiet on their version. it is critical that lgbt couples are included in the house and senate versions of comprehensive immigration reform. is a quality-based legislation is critical for the tens of thousands of gay or lesbian couples living in exile, illegally, in fear, in detention, or perhaps separated from loved ones. california makes up a large percentage of bi-national couples, and with special notes -- social networking, it has probably tripled. the largest percentage is from the bay area. i would be remiss -- i believe it would be remiss of san francisco for this icon

senator chuck schumer joins me this morning. tuesday, october 11th, 2011. this is the dalily rundown. ho closely the obama administration used mitt romney's massachusetts health care law as a model of their own plan. this isn't talking points, folks. this is deep facts. we will get to it later in the show. >>> let's get to my first read of the morning. we start with the republican race. eight republican hopefuls meet in hanover new hampshire to devote the economy. it is a state by state battle that begins in iowa and new hampshire. we are debuting new nbc news marist posts in both states. the numbers confirm that tonight is a do or die moment for rick perry who has fallen to fourth in both states. no one is more riding on a good debate performance tonight than perry. let's look at the numbers. romney clearly has home turf advantage. he is at 44%. it is nearly the doubled combine total of his two closest rivals. a different story in iowa. the herman cain surge has come to the hawkeye state. romney is neck and neck with cane. rick perry tied with michele bach

senator schumer, it's good to have you with us.e big question, how much of an effect will your plan have on housing prices? >> i think it can have a significant effect. we calibrated it so that actually the lowest amount of house that someone could buy and live in was $250,000. in many markets, that's about at the median and there are many foreclosed homes still at that level, and even when the market is somewhat lower, everyone knows you scoop up demand at a little bit higher end of the market it raises prices everywhere. >> so how many buyers, do you think this will bring in? >> well, no one know, but we do know similar programs when people invest in america and people are entrepreneurs and create ten jobs in america are well oversubscribed, america is still that lady with the torch and there are millions and millions of people around the world, many who have some means, who want to come here. so if you say you'll get a visa, you'll never become a citizen. this is not a citizenship path, but you'll get a visa if you live here and

senator schumer, it's good to have you with us.to start with the big question, how much of an effect will your plan have on housing prices? >> i think it can have a significant effect. we calibrated it so that actually the lowest amount of house that someone could buy and live in was $250,000. in many markets, that's about at the median and there are many foreclosed homes still at that level, and even when the market is somewhat lower, everyone knows you scoop up demand at a little bit higher end of the market it raises prices everywhere. >> so how many buyers, do you think this will bring in? >> well, no one know, but we do know similar programs when people invest in america and people are entrepreneurs and create ten jobs in america are well oversubscribed, america is still that lady with the torch and there are millions and millions of people around the world, many who have some means, who want to come here. so if you say you'll get a visa, you'll never become a citizen. this is not a citizenship path, but you'll get a visa if y

schumer: thank you, mr. president. first i'd like to make a comment on the republican leader's comments on the tax bill. just make note, american people, the leader says don't raise taxes, but he does not mention what our proposal actually does. it imposes a 5.6% surcharge only on those whose incomes are above $1 million. in other words, 99%-plus of american people will not have their taxes raised, nor should they. average middle-class people are struggling. their incomes are declining. we shouldn't be doing that. but for those who are the very wealthiest -- and this is no aspersion to them. i admire, i think most of us on both sides of the aisle admire people who have made a lot of money. most americans would like to be in their shoes. and most of them have done it the hard way, by coming up with a good idea, struggling and working a business. that's great. but they are the one segment in society whose income has increased significantly overt last decade, and the kinds of cuts we must do, the one consensus we have in

schumer: mr.president, thank you. i want to thank my colleague from illinois for letting me just take care of this matter, which is i hope will be disposed of quickly. i ask unanimous consent that the senate proceed to the immediate consideration of s. 1721 -- no, sorry. i ask unanimous consent that the senate proceed to a period of morning business with senators permitted to speak up to ten minutes. the presiding officer: without objection. mr. schumer: i ask unanimous consent the senate proceed to the immediate consideration of s. 1721, introduced earlier today. the presiding officer: without objection, the clerk will report. the clerk: s. 1721, a bill to amend section 402 of the personal responsibility and work opportunity reconciliation act of 1996, to extend the eligibility period for -- mr. schumer: i ask unanimous consent that the bill be considered as read. the presiding officer: without objection. without objection, the senate will proceed to the measure. mr. schumer: mr. president, i ask

we are advised that took schumer will introduce same-sex reform in january 2010.we are also told that passage by the spring is imperative. congressman good cheer rest will introduce comprehensive immigration reform for the house apparently in the next few weeks of around thanksgiving. while senator schumer is likely to include this language in any legislation, it is not a slam dunk. as the professor told us, there will be different versions of different bills. now, gutierrez's office has been quiet on their version. it is critical that

senator schumer and grants.prove oversight of the currency exchange rates andrren i would ask senator stabenow involved in that it would involve in improve the currency exchange rates and it would ensure that the treasury department properly underv identifies countries that crencie undervalue their currency. under the omnibus trade act of 1988 treasury department isdentify required to identify theipe countries that manipulate the p currency to the purpose of gaining an unfair competitive traded and hedge. in recent years the treasury has found certain countries' currencs currencies were undervalued putative was pretty clear and rutable pretty obvious when theter economists from the reagan for administration and the carterble econts are administration for years ares saying these currencies are 35% undervalued 25% 35% of theit senate some as high as 50% it's departmt hard for the treasury department tha to say anythingn other than these countries' currencies were were undervalued. however, based on the interpretat

i cannot tell you what his bill will look like, what senator schumer's bill will look like. what i can say it is all those pieces work together to ultimately come up with something that is hopefully, at least, something that we can create a foundation from. comprehensive immigration reform has to be broad enough to make -- give us the foundation to build more, but i do not think it will be done at that point. there will be a lot of issues that will not happen in the first go round that will need to be perfected, but me to do enough to turn immigration into something that is not so politicized and is more about really getting down to the problems. i wanted to address briefly some by pointing out, you cannot always tell what will happen based on one set of votes. in the dhhs appropriations bill for 2010, in the senate, and there were a lot of horrible amendments to make e-verify mandatory, inshore every inch of the fence was real, we get ensure every inch of the fence was real, not virtual. -- ensure every inch of the fence was real, not virtual. a lot of people said, my goodn

or not the senate should proceed to debate legislation that i've offered -- authored with senator schumer and others dealing with the currency exchange practices of the communist dictatorship of china. i've been involved in this now for almost seven years. we've done a sense of the senate resolution back in 2004, i believe it was, urging the chinese to change their currency policy. what does this mean to the average american? the exchange rate today is 6.3 6.38yuan to the dollar. when you look at the dollar to the uro, i don't know what it is trading today but it goes up and down every day. china's economy is growing at 9.1%. they are the second-largest economy in the world, moving like gang busters. does it really matter for them to suppress the value of their currency? yes, it does. and any objective observer looking at history of the way the chinese government deals with their monetary policy would conclude that they keep the yuan below its true value to create a discount on products made in china. look tha it this way. if you are competing with china in the world marketplace, it is on

chuck schumer has this right from the very beginning.nored him when he said let's not raise taxes on small businesses and people making $250,000, but let's have a millionaire's tax and drive it until the republican party is forced to reject it or sign on. i mean, to be able to campaign against a millionaire's tax, politically, seems like a smart plan. >> not only a smart plan, but it begs the question, why didn't the president of the united states grab hold of this a year and a half or two years ago. >> thank you. i don't get it. >> and plant the flag and stick with that. they're looking for a message that resonates every day. they've had it in their back pocket and not utilized it. >> right after the election and they got shellacked, a lot of people said take it to a million dollars. we even talked about it on the air. it was a gimme at that point. they frittered away opportunities. they're kind of reinventing themselves every week. this week, we're going to the million dollar level. >> joe, back when the iraq war started, i wasn't an e

feelow democrat charles schumer of new york wants to see some of those bank to create infrastructureoos."i think eople could swallow it, not love it iff there were guarantee offjob creation, cuz that's number one."here isshow it wouud work. inntead of payiig a 5 percent tax rate on profits brought into heeu-s, companies would temporarily pay eight-point-seven-five perceet. that ratt would go lower, under the bill, if companies add jobs. the push for thii temporary tax holiday is part of a campaign supported by companies like apple, google, pfizer and kodak. g-e c-e-o, jeff immelt, also supportt the idea."i phink people sit and say, look we've gotta trillion dollars of cash overseaa. what posssble gooddcan that do us?? not behind it is billionaire a - businessman warren buffet. he told c-n-n'' poppy harlow this..."there's aacertain irony involvee here because if you let them repatriate money at a very loo rate, what's their incentive? thhir incentive is to keep making money ovee there at very low rates, hinking they'll get it back here without paying much tax."the idea is one that's b

schumer: thank you. mr.t that the following members of my staff be granted -- and the committee staff be granted floor privileges during the consideration of s. 1619 -- jane beard, sara babcock, sara harshman, madeleine forbis, steven simpson, jonathan goldman, and miranda dalpiaz. the presiding officer: without objection. mr. schumer: mr. president. the presiding officer: the senator from new york. mr. schumer: i rise today in strong support of s. 1619, the currency exchange rate oversight reform act. first, i want to say this bill is the culmination of years of hard work and collaboration between democrats and republicans. i'd like to thank senator lindsey graham of south carolina. he and i have been partners in this endeavor for over five years. we have traveled to china together. we have worked long and hard to troy and gain -- try and gain some fairness in the way china treats american industry, particularly in regards when it comes to currency. i'd like to thank senator sherrod brown and senator debbie

that's the problem. >> senator schumer there flanked by firefighters, i'm sure.an lothian knows all about that, on capitol hill. now for our america's choice 2012 politics update. dan, we saw president obama not too long ago, at station number #, he wants this bill passed? >> reporter: that's right. also surrounded by firefighters, talking about how in pieces of this jobs act and certainly hire other firefighters that were hired around the country. and the first lady announced an effort of 270 private companies pledging to hire 25,000 veterans and their spouses by the end of 2013. so this is all part of an effort that the president has been on for the last three days to get pieces of his jobs plan passed so that americans who are unemployed can get back to work. >> let me ask you also with regard to last week's big c cnn gop debate, is there any reaction last night from the administration? >> reporter: well, there is. the campaign held a conference ca call and while they said they are not going to get into a blow by blow of last night, but they said that the repu

with us now, christopher hahn, democratic strategist, former aide to new york senator chuck schumer. schumer. >> that is not good news for president obama. >> he wants his tax increase to go into effect in 2013. i have to disagree with both of them. i think we should be increasing taxes on the wealthiest 1% of americans. i think it is unfair that warren buffett pays 17% and i pay 34%. >> you bought into the dishonest warren buffett thing. you don't know the difference between capital gains and income taxs. >> i do know the difference. >> bill: why would you lump them together. >> he makes his money by moving money around and i make my money by earning a pay check. >> bill: you think it should be the same? absolutely. >> maybe go back to the clinton tax breaks and we would be better off because people were investing at that time. >> bill: if you do raise taxes now you will damage the economy particularly if it is capital gains. the perception is all over the place and it hurts obama. it hurts him. kahuna democrathugh that saying the opposite. >> and i support him and i love him. the p

el senador chuck schumer democrata de nueva york, y el senadr mike lee, republicano de utah proponenque los extranjeros que compren una vivienda de al menos medio millon de dolares, y que paguen impuestos en este pais, tengan el derecho a una visa para permanecer en estados unidos.. se estima que el anho pasado, extrajeros pagaron unos 82-mil millones de doalres en costos de vivienda... carecen y una division de la corte superior del distrito de columbia estan organizando una serie de clinicas para ayudar a los latinos a resolver sus conflictos.. expertos realizaran estas clinicas a partir del proximo mes para ayudar a resolver problemas de deuda, del pago de salarios, disputas entre vecinos ,y otros.. el primer taller tendra lugar el martes, 8 de novimbre a partir de las 9 de la manana, en las instalaciones de carecen, localizadas en 1460 de la columbia road, esto es en washington.. una mujer de manassas que invento su propio secuestro en guatemala, y el de una nina bajo su cuidado, debera pasar dos anhos en la carcel.. asi lo ordeno hoy un juez de la corte federal de alexandria...

. >> what about senator chuck schumer, lawrence? let's be honest here. both parties are in the bag. i was a democrat 20 years ago in the congress. working under tip o'neill as a bull evil democrat. working with ronald reagan to make good things happen in america. i wasn't perfect but i reached across party lines and we built america. we ought to do the same thing now. i disagree with you. it's not the republican party. it's both parties. i mean, the president of the united states barely two years into a four-year term announces re-election and proudly says he's going to raise $1 billion. last week "the new york times" said, guess what? his small donations are drying up. he's getting his money from special interests, wall street, just like the republicans. they both are on the dole. >> governor, the chuck schumer and other senate democrats have authored an idea to raise taxes on those billionaires. a surtax on incomes over $1 million beginning only on incomes above $1 million, a surtax of 5%. that would also apply to capital gains taxes. is that something that you think is a fair bur

schumer? >> i do. we did a lot of damage here with the debt ceiling. what happened was mr. mcconnell and mr. cantor used the obligation that america has to pay its bills, and we have always done that, whether those bills were incurred by republican or democratic administrations, and they used that as a hostage to get their way on another budget deal. we were so close to the brink that it really destabilized confidence that we were going to get it right. and that's a brinksmanship where we have gone too far. at a certain point restraint is the virtue required for the good of the country. >> it's interesting, isn't it? as the congress has become obstructionist, business is carrying on. you have been a vocal critic about the new fees being imposed by banks, and you called them shameless, bank of america and citibank, and it seems to me that government is frozen, and meantime the people are not only suffering because unemployment is so high, opportunities for work are so few, but in addition we have big banks just hammering the public? >> it's true. i think underlying a lot of

. >> democrats say the gop plan would not create jobs with senator chuck schumer calling it a politicalig leaf. >>> the first new device without steve jobs at apple's helm goes on sale today. people have been camping out all night long to be among the first to get the new iphone 4s. at the head of the line at one california apple store his old partner steve wozniak talked with iphone enthusiasts working up and down the line on a segway. they have broken an apple record, 1 million in the first 24 hours. with the release much the new phone what better way to han him than a day set aside in his honor. people around the globe are invited to participate by visiting annpple store. he died after a long battle with cancer. >>> now, let's head to atlanta and check in with rob marciano. heavy storms coming to some people in the united states. tell us about it. >> yeah, last night some rough weather including some reports of tornadoes across parts of virginia, also flooding rains in through d.c. and baltimore. here's some video coming to us from yesterday afternoon. yesterday evening. slowinging d

senator schumer sent a letter and the company changed, turned off the functionality. something really important of lost in that debate. that debate in some respects focused on whether we should have an opt in standard or and opt out standard but a more relevant question that we didn't really ask and we need to talk about especially in the context of democracy is how is the information going to be used and by whom? we generally operate from the presumption that more information is better or good and we believe there is an enormous amount of innovation so the real task for us and people in industry is to strike a balance between innovation and respectful stewardship. that is something the debate has increased. what does it mean for all of us as regular people? i came across a quote i will sensor for the audience. how is the world different? time to send lawyers, guns and money because this stuff has hit the fan. what do i mean? this is one of the most important publicly policy changes we will see in our lifetime and the decisions we make will be important not just for t

this is a chuck schumer special.been advocating, creating that dividing line for quite some time. looks like the president's come around on it. he's talked about it in some form or another. not necessarily this. and they think this is the way to get others onboard. that it's good populous politics. >> the dividing line is the $250,000. if the president went down to $250,000 in the jobs bill, he wanted to raise taxes on people, families earning $250,000, schumer was never for that. a lot of people in the democratic caucus were never for that. that's independent college educated suburban voters and democrats have to have. if the president will back off from that, maybe they can do this millionaires thing. >> you know, tom, what i've been surprised at is what point do the republicans have to say, you know, we have to pass something? we can't sit here -- if we totally give -- we can't hand the president this idea of obstruction and let him run against us. ultimately, we're more popular than he is. >> they can put up piec

chuck schumer wants a senate hearing to find out why the e-mails were not released during the crash investigation. colgan air moved to tennessee after it was bought out by pinnacle airlines. >>> republican presidential candidate mitt romney was in northern virginia today. romney took his campaign to volunteers at a fairfax county g.o.p. phone bank. the visit is meant to energize local campaigns ahead of the november 8th elections. >> i'm delighted that governor romney is here with us this morning. he believes that the first salvo in next year's campaign starts in the commonwealth of virginia. >> the visit fuelled the speculation that virginia governor bob mcdonnell is on the short list of vice presidential candidates. >>> a bombshell from bernie madoff's wife. why she and her husband attempted to commit suicide. >>> the first congressional aide to die in the line of duty. >>> a life saving maneuver performed inside his own station. >>> plus we'll tell you why y >>> bernard madoff's wife ruth says that the public hatred was so strong that both of them tried to kill themselves. madoff spoke for the

. >> i also have a note that senator schumer -- discussing his buffalo bridge. i have a few questions that i did not know of other senators want to hear about concerning northern minnesota but i will put them in the record and ask that she answered them at a later time. thank you. >> noting that the distinguished senator from minnesota -- it is not without precedent that sometimes questions that may appear to be parochial have actually been asked. [laughter] >> i think -- i appreciate their earlier answers and i know my colleague senator whitehouse is here. >> and i should know there has not been a single time where i called the secretary and have not been able to get a response. this is not a department we have a difficult time getting answers from. she is always available. senator whitehouse? >> your remarks about the cybersecurity legislation, that we ought to be and shall be undertaking fairly soon makes a good segue into my questioning. let me first ask you, what level of urgency and dispatch would you advise that we proceed to this legislation with? >> i w

charles schumer describes, as does lindsey graham and other members of the republican party, china is a currently bully. is it not? >> they have a lot of challenges in china. i've always believed that engagement with them was the right thing for our country in the right thing for the world. building a commercial relationship between the chinese and the united states is in both of our interest. we should be aware that they are probably the largest buyer of the united states agricultural products. there is a balance here that i think for the long-term good of our country and for the future, for kids and grandkids, maintaining this type of relationship is good. at any relationship is not going to be perfect and they are to be combined a lot of imperfections in this relationship. the administration needs to continue to work with the chinese to get their valuation of their current speaker at. but this is not, in my opinion, an appropriate role for the congress of the united states. >> you mention campaigning. i'd like to know to what degree you are either relieved or alarmed that the sarah

this is a book of so-called schumer will, some sometimes asked aren't you ashamed of making a living by writing slide underhanded remarks about respectable people? my only defense is it is not much of a living. [laughter] there is a piece in here about dealing with a fee parsimonious debrowski. i think the first pew mur peace a published was in a magazine called monocle that he edited. they were not big payers, monocle. i send them a piece and they accepted it and send me a bill. [laughter] and then went on to become the editor of the nation and asked me if i would write a column for the nation and i said how much are you thinking of paying for each column? he said something in the high two figures. [laughter] i said what you mean? he said we've been paying 65. i said that sounds like the middle to figures to be. so i got my high-powered literary agent on the phone and i said play hardball and he got him up to 100. a month or two after started, he came to me and said what about these quotes? i said what are those? he said the john foster dulles really say you can't fool all the peopl

. >> interestingly, this is an argument that senator schumer of new york has been making for a long time you make that dividing line, the millionaires and billion airs you've got a great political argument. there aren't that many of them, and, of course, this would raise a fair amount of money, basically enough to offset the entire jobs bill, so this is definitely a good political argument for democrats. they believe that this is something very easy, very bumper stickerable, that republicans are opposing big surtax on millionaires, on people who make over $1 million a year. >> let's go back to the whole package. howard, a lot of gamesmanship here tonight. here's a vote tuesday night. it was interesting to watch mcconnell, one of the shrewdest operators i've seen in my lifetime proposing tonight a unanimous consent agreement to let the congress, the senate vote up or down on the president's jobs package as originally designed, also as modified with the schumer drawing the line at $1 million for the tax thing and then getting the democrats in the language of harry reid and the voice of har

we are waiting on san francisccr schumer. he is a smart person. they are trying to gain consensus around issues. once the senate moves forward, the house is ready to move forward as well. we do not have one built. what we have is every conceivable idea that has ever been given to us fleshed out and turned over and written and rewritten. the congresswoman has been working with several bipartisan colleagues did we consider it imperative to have bipartisan support on immigration reform. it dela elays people's fears abt being voted out of office. i cannot talk about how important this issue is to our country now, our economy, and the future character of this nation. with all seriousness we approach this. i have to say that humor helps in dealing with some of the stresses and disappointments. it is with all seriousness and absolute dedication to this country that we try to move forward on this. not only the experts here today, but people who are willing to share their stories. >> thank you. we'll hear from mary next. >> mr. chair and commissioners, tha