Bracket Cut News Today

An ordinary american paying their taxes today can say, and so we need to see more clarity. >> its very easy to see where the dividing lines are. >> absolutely. >> the obama plan top bracket increase. republicans, a top bracket cut. >> thats right. >> theres very, very stark divisions you can see. >> the key issue is the bush tax cuts, right? the question is whether or not president obama and the white house and democrats in the house can, in fact, convince republicans in the house that we have g...

>> the obama plan top bracket increase. republicans, a top bracket cut. >> thats right. >> theres very, very stark divisions you can see. >> the key issue is the bush tax cuts, right? the question is whether or not president obama and the white house and democrats in the house can, in fact, convince republicans in the house that we have got to let the bush tax cuts go. that doesnt actually constitute a tax increase. especially for most americans. were at the lowest tax rate that weve been at cer...

Between what we now have as a ryan proposal and an obama proposal that could in any way put anything together that looked like some kind of governing agreement going forward? >> i think the problem is the obama proposal has to be a clearer proposal. i think the president did an extraordinary job of stating a values frame work and clarity about sort of the issues that we will use, but he didnt yet tell us what the plan is, and i think part of what s&p was saying is we need to know with clarity wh...