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Who loses? let s bring in bob frank en syndicated columnist. thanks for being back. if we go over the fiscal cliff works comes out on top? it sounds like the president does, after all, he s the won the election. the polls show that the american people for the most part favor some sort of tax increase for the wealthy, but quite frankly the losers are just about everybody. certainly those who are in the position to need unemployment insurance, federal workers, those who are beholden to the government, that type of thing, and i think that also the political system in the united states is a loser. i really do believe that the polls bear this out, that people are really getting disgusted with all the players in this game, and they want to see it stopped. let bring in paul cain, congressional correspondent for the washington post. you know, to what bob was just saying americans are shaking their heads at all of this, just watching this blame game and wondering where are we going with t ....
Distracted everybody from the numbers game, and it s getting increasingly, increasingly grim here. i think the key thing you want to look for is when and if harry reid announces that he s going to push an alternative democratic bill to the floor. once he does that, you pretty much are looking at the announcement that the negotiations are over. you know, the daily beast has a great breakdown of the wish list for all the players in this fiscal cliff game. let s look at what president obama and speaker boehner want. president obama wants higher taxes on the wealthy, stimulus spending, limited cuts to entitlements, and speaker boehner wants limited tax increases and keep his job. bob, which where do we go from here if a deal isn t hashed out in the next few hours? not necessarily in that order. i think the priorities for john boehner may have been turned around. jared is an old jazz fan, as am ....
Of republicans than what they are looking at right now. many thanks to paul cain, bob franken and jared bernstein. thanks to all of you. paul and bob stick around. we ll be speaking to you two coming up a little later. coming up, senator chris coons who sits on the budget committee joins me with details on a bipartisan budget deal and president obama s message to his home state on marriage equality. to the best vacation spot on earth. (all) the gulf! it doesn t matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they re gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we re having such a great year on the gulf, ....
This. we already saw that last week to some extent. there is deep concern that that could happen more drastically this week, that we would see the markets drop, so there is a lot of pressure on congress, on the president, the vice president, to try to get a deal here, but still at this hour, melissa, there s just no deal. all right. nbc s kristen welker, so can the senate strike a deal in time? let s bring in paul cain, congressional correspondent for the washington post and bob franken and jared bernstein, former economic policy adviser to joe biden. that s a mouthful. jared, let s start with you. you have worked with vice president biden. as you know, he s been called on by mitch mcconnell to help with these last-minute talks. what do you think his role is now with so little time left? well, the vice president goes way back with senator mcconnell, and i ve been in the room when ....