OutFront live Mon. – Fri. 7p ET

At least one person is dead and another injured after Virgin Galactic's SpaceShipTwo space tourism craft crashes in California. Brianna Keilar is in for Erin Burnett.
December 6th, 2012
09:10 PM ET

Higher Taxes For All: Does it Add Up?

An interesting idea brought to us by the liberal former governor of Vermont Howard Dean - the man who brought us the scream heard around the world when he ran for president.

Dean, says, let's face it America - taxes need to go up for everyone. It might not be what you expect from someone like Dean. It's certainly not the President's position or the position of most Americans.

Another new poll released Thursday shows most Americans like the president's idea, of only raising taxes on the top 2% - individuals making over $200,000 or families making over $250,000.

But according to the Congressional Research Service, that tax hike would only give us $678 billion over 10 years.

Remember America is $16 trillion in the hole. If we go with Howard Dean's idea - that gets us $2.8 trillion - about 17% of our debt.

Adam Davidson, co-founder of NPR's Planet Money did the math and wrote in the New York Times, "Increasing the middle-class tax burden an additional 8 percent ... would actually have a bigger impact than taxing millionaires at 100 percent."

With no breakthrough today in the fiscal cliff negotiations could this be a starting point?

Rep. Lankford: Raising taxes for all will slow economy

Out front tonight: Republican Congressman James Lankford of Oklahoma - incoming chairman of the Republican Policy Committee, the fifth-ranking position within in the House GOP leadership line-up.


Filed under: Fiscal Cliff • Politics • Uncategorized
December 6th, 2012
08:53 PM ET

OutTake: Richard Branson's gets high on his next big project, space travel

CNN's Erin Burnett talks to Virgin mogul Richard Branson about his next big project.


Filed under: Neat Guest • OutTake
December 6th, 2012
08:38 PM ET

Chris Christie goes to Washington for Sandy relief amid fiscal cliff talks

New Jersey's Republican Governor Chris Christie was at the White House and on Capitol Hill Thursday to push for more federal funding for his storm ravaged state.

Jersey Shore meets the fiscal cliff

That's right – a Republican asking for more money from Washington. Christie wants $36.8 billion for Hurricane Sandy relief.

OutFront tonight: CNN contributors Roland Martin and National Review's Reihan Salam.


Filed under: "Superstorm" Sandy • Fiscal Cliff • Politics
December 6th, 2012
08:31 PM ET

Ex-Sailor charged with attempting to spy for Russia

A former U.S. sailor from Virginia Beach has been charged with attempted espionage.

Federal authorities say 39 year-old Robert Hoffman tried to pass classified information to members of the Russian Federation, but ended up speaking to an undercover FBI agent instead.

Hoffman served in the U.S. Navy for twenty years which raises concerns about his level of security clearance access top-secret information.
CNN's Pentagon correspondent, Chris Lawrence is following the story and is Outfront tonight.


Filed under: National Security
December 6th, 2012
08:19 PM ET

U.S. warns Syria not to use chemical weapons: "The whole world is watching," says Panetta

Defense Secretary Leon Panetta issued a warning to Syria Thursday, saying the United States will not stand by and watch them cross the "red line"

"The whole world is watching very closely and the president of the United States has made very clear that there will be consequences if the Assad regime makes a terrible mistake by using these chemical weapons," said Panetta.

Syria denies they are mobilizing chemical weapons to put an end to a civil war that has killed an estimated 40 thousand people over 21 months. Instead, the Syrian government claims the U.S. is trying to create fear and outrage as grounds for an attack.

Secretary of state Hillary Clinton, met with Russian Foreign minister Sergey Lavrov in Dublin today, trying to defuse the situation, but is it too late for diplomacy?

OutFront tonight: National Security Contributor Fran Townsend is a member of the CIA and Homeland security external advisory board and Col Cedric Leighton is a former member of the joint staff.


Filed under: International • Syria
« older posts
Follow

Get every new post delivered to your Inbox.

Join 377 other followers