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West. let me tell you what is happening. weve got three days to go until we go off that cliff, the fiscal cliff. new today one key congressman is giving us a sober status report of where things are. >> i think there is a sense of urgency, t.j., just because of where we are. were right at the deadline. as a matter of fact, it looks like we will be here on new years eve and possibly new years day. theyve already alerted us, members of the house, to look at the possible way of doing that. >> at thi...

Being talked about today so far has to do with reid and mcconnell being able -- people feel pretty good the senate will be able to come up with something. the deal once it goes to the house the prospects there. >> but you know, bringing in reid and mcconnell, theyre guys that have cut these deals in recent years whether its the debt ceiling or other issues. it often comes down to the two of them to put something together that can quickly pass the senate and go over to the house. republicans have...

Higher earners. but in order to get republicans to take that risk and politically for them it is a huge risk, especially for house members, you need to see enough locked in, guaranteed spending cuts and entitlement reform to make it worth their while and to make it worth their risk if you look at this from their point of view. and if and until they see that, youre not going to see a broad deal thats going to include income tax rates on higher earners that go up, notwithstanding presidents positi...

What they are focused on is a so-called plan "b" where the house in the next few days may pass extension of the middle class tax cuts. the old bush tax cuts. then let the tax rates for the rich go up and fight it out in january and february over spending cuts. well see whether or not conservative goes along with that, if speaker boehner was party to that. the second big story is susan rice. in the last couple of hours calling the president and saying she is pulling her name out of consideration ...

You say you value the party over the country. it is time to step to the plate for your country, your country need as tough vote. >>neil: some say you do thought need tax hikes versus spending cuts and a bad deal is worse than no deal. what do you say? >>guest: well, i agree with john, it is hard to believe that. but one thing i will bet you a lot of bucks if they go over the cliff or half a cliff which is hard to do, the markets will respond anyway and the guy that is hurt is the little guy the ...

The week. >> when it comes to the fiscal cliff, this threatening of our economy and threatening jobs, the white house has wasted another week. the president has adopted a deliberate strategy to slow walk or economy right to the edge of the fiscal cliff. >> were going to have to see the rates on the top 2% go up. and were not going to be able to get a deal without it. >> so heres my sense, congressman mccarthy. why in the minds of republicans arent they processing it this way? look, president, we...

Cliff, this threatening of our economy and threatening jobs, the white house has wasted another week. the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> were going to have to see the rates on the top 2% go up. and were not going to be able to get a deal without it. >> so heres my sense, congressman mccarthy. why in the minds of republicans arent they processing it this way? look, president, well give you what you want on rates. let ...

Relevant is the acknowledgment that if were going to raise revenues that are sufficient to balance with the very tough cuts that weve already made and the further reforms and entitlements that im prepared to make, that were going to have to see the rates on the top 2% go up, and were not going to be able to get a deal without it. >> okay. hes prepared to make cuts. did you hear that? did you hear that? welcome back to "morning joe." >> which ones? >> yeah. exactly. thats what they need to figure...

See the rates on the top 2% go up. were not getting a deal without it. understand the reason for that. its not me being stubborn or partisan, its a matter of math. >> and the gop plan, which was unveiled yesterday, includes $800 bill onin new taxes made through closing loopholes and deductions and not raising rates. compare that to the presidents plan and thats about half of what the white house asked for. republicans propose 600 billion in entitlement saving including raising the medicare requi...

Wnk back to "hardball." today president obama again made clear there will be no deal to avert the so-called fiscal cliff without the rich paying a higher tax rate. got it? higher rate. in this interview on bloomberg tv, he made it. lets listen. >> the issue right now thats relevant is the acknowledgment that if were going to raise revenues that are sufficient to balance with the very tough cuts that weve already made and the further reforms and entitlements that im prepared to make, that were go...