those earning individually under 200 thourk or 250 thourk as a family.mocrats like chuck schumer who said to raise that level to a million. no one makes under a million should get an increase. go from that 35% which currently exists the maximum tax rate to 39.6% which is what it was during the clinton administration. so bill kristol says, do that, make sure that most americans don't get any tax increase come january 1st. there will be plenty of republicans who will oppose any tax rate because it goes against their commitment not to raise tax rates, a equipment that governor norquist by signing those pledges, as you well know, ashleigh. my gut tells me there will be maneuver ra built between the president and john boehner. the president wants to make sure that rich people pay a little more in taxes. boehner says he's open to that but not by raising the so-called tax rate. he's opened to that by eliminating tax loopholes and exemptions and generating tax revenue by an improved economy if the gdp goes up. people will be making more money, presumably, that's

the stadium holds 10 thourk. all free people coming to see the spectacle. >> it feels like it all just took place. >> inmates in good standing feel like they can participate, no skill required. >> are you nervous, excited? >> i'm a little nervous. >> the inmates also get rewarded for winning rodeo events. $80 for riding the bull and cowboy of the year awarded to the highest scoring inmate, gets a championship buckle. >> they are rehabilitated to the point that they can come and mingle with the people. we can have culture change within our prisons that we have here. >> some criticize the events brutality. others say the prisoners don't deserve the excitement of the rodeo. >> for these inmates to participate, they can be king for a day and that's something they never get. some people say, who cares. i say, well, what's one day. >> a great day for a rodeo. >> get set forth event that is indeed unique to angola. >> it's about challenging the bull, see who has the biggest, you know -- >> the biggest prize is for guts

meanwhile, 18 thourk workers will get laid off.they will put food on the table. 18,000 families wondering if they can afford to go to the doctor, wondering how they will pay for gifts this christmas. 19 hostess executives are securing their own golden parachute while 18,000 families are faying a facing a crash landing. it's not right. especially this time of year and with the debate that we're having right now in washington. you know, it's not about givers and takers. it's about value. it's about those that say i don't need to have it

how do you feel if the dow goes down 2 thourk points in the interim or one of the people that loses aer this debate going on and on and on. i don't think it is fair to say it is no big deal. it is a big deal. is it the end of the world? no. nothing is the end of the world on this stuff. it is money, it is painful. it will probably be banged out behind closed door. no one will look good in this. i will promise you that. everyone will look obstructionist. at the end of the day we want a way forward to get through the period so the economy improves slowly and we have a plan to deal with the debt. everyone wants a plan. we don't have to do it all at once. >> 52 days and counting. jill schlessinger we may have to have you back to assess. editor in large for cnnmoneywatch.com. >>> and as promised we are staying on top of the breaking news story, general petraeus has stepped down as the director of the cia and the president has accepted his resignation. we are getting more from the letter that the retired four star general sent to his former colleagues at the cia. suzanne kelly is on that ne