Simpson It News Today

Taxes? rates are going to go up for wealthier americans, period? >> yes. because theres no way, theres no way to do anything other than hurt the middle class if we dont do that. >> chairman, when you hear that, do you think right after this election, as we face a debt ceiling negotiation, all of these cuts that are going to go into effect, youre looking at another standoff here over taxes? >> well, theres one more example of how the president disagrees with bowles/simpson. bowles/simpson says re...

Election, as we face a debt ceiling negotiation, all of these cuts that are going to go into effect, youre looking at another standoff here over taxes? >> well, theres one more example of how the president disagrees with bowles/simpson. bowles/simpson says reduce tax rates across the board by closing special interest loopholes. the reason people like me didnt support bowles/simpson it ignored health care, the drive of our debt. we put up alternatives. the president hasnt offered a single solutio...

Election if, in fact, they get re-elected. watch. >> if you win re-election, is your position, thats it? were not going to compromise on taxes? rates are going to go up for wealthier americans, period? >> yes. because theres no way, theres no way to do anything other than hurt the middle class if we dont do that. >> chairman, when you hear that, do you think right after this election, as we face a debt ceiling negotiation, all of these cuts that are going to go into effect, youre looking at anot...