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December 3, 2012
In this deal, are there new taxes in the end? i know what your position is. but what does reality tell you? >> this can play out several ways. if we have tv cameras in there, cspan there, if we have seven days of bills -- these are 24i7k things that obama promised. >> no, thats not going to happen. >> we are going to get tv cameras in there. what im tired of is people saying one thing and then doing something different. >> will it go up? >> it depends. if people watch it on c span -- >> he talks...
December 3, 2012
Increases and zero reforms. our savings come from not occupying iraq for the next 20 years. the budget they put forward was laughed out of the house and the senate last year. no democrat wanted to agree to that before they ran for re-election. >> but youre making the case because there is still the fundamental question of whether republicans feel beholden to the position that they cannot raise taxes, even if its mandatory for how government out to operate. >> well, it didnt work that well in gre...
December 3, 2012
Extended tax breaks for the middle class. but he is also meeting privately with ceos. he has a bad relationship with wall street and with corporate america generally. he has presented much of this plan. whats the feedback hes getting? >> there will be a big recession if you dont get behind him. im finding many republican ceos -- by the way, most ceos are republican. they are on board. they are not on board with you because they fear your view because they think that you do not favor going -- you...
December 3, 2012
No tax increases. >> those states were bankrupted by their overspending. >> no one wanted to pay for it. >> the modern republican party wants less taxes and lower spending. they passed a ryan plan which reforms entitlements, reforms taxes, doesnt raise taxes. its the democrats who dont have a legislative budget. >> make the case for why you view this the president making a truly balanced approach to not just solving this problem but really moving the economy forward. >> well, he has. and first o...
December 3, 2012
Wealthiest 2% of americans, would subject the average that i have shared with the american to big tax increase and white house, shared with boehner, shared with mcconnell, enormous damage from the other in order to move us beyond this cuts that would happen. silly debate thats taking and theres just no reason why the country has to go through place. the fact is, claire knows this that. and we have a chance to do and i know this. something much better. there are serious reforms that not just for ...
December 3, 2012
Ago, with a democratic house and a democratic senate did two years ago, is exactly what we should do now to start with. its the president who is threatening to raise taxes on the middle class if he doesnt stamp his feet and get his way. he needs to get into a room with cameras there and negotiate. that was all show and no economics. have it in front of cspan cameras. if the republicans are reasonable, well see that. if not, well see that. have cameras there. >> congressman van hollen, you have s...
December 3, 2012
Tax increases we want, but well be vague when it comes to stuff thats hard for our side, which is medicare. >> thats a misperception. we propossessed $600 billion in savings. people can take a careful look at them. what we havent seen from the republicans is a plan to raise rates and revenues. they said they are prepared to raise revenues. but they havent said how, how much, or who should pay, and havent proposed what they need on the spending side. we cant figure out what they need. they have t...
December 3, 2012
But they havent told us anything about how far rates should go up, how far revenues should go up, who should pay higher taxes. >> republicans have said that no republicans will vote for a tax rate increase. do you think they are just bluffing? >> i cant tell you what they are likely to do. all i can tell you is what we think makes the most sense for the american people. and we spend a lot of time talking to the business community, small business and large businesses, the last few weeks or so. th...
December 3, 2012
Gregory. and good sunday morning. amidst a lot of partisan rhetoric on both sides, talks on the fiscal cliff are now at a stand still, and the president is back on the campaign trail of sorts. this time to try to win in a court of public opinion for his plan to avert an automatic tax hike for everyone on january 1. thats where well start this morning with the point man on the negotiations for all of this. the secretary of treasury, tim geithner. and our roundtable is also here. standing by for...
December 2, 2012
Said in this past week, quote, no republican will vote for higher tax rates. will you? >> well, the negotiations are between the president and speaker boehner. and they will get into the details of that. i think you know ive laid out a plan that has $1 trillion in revenues, coupled with real entitlement reforms. >> but higher tax rates. you heard treasury secretary geithner. they are going to force this issue and say to republicans, its over. the tax fight is over. rates have to go up. the presi...