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trillionplan to cut the deficit. reduce spending in iraq and afghanistan and higher taxes on the wealthiest american. republican leaders promptly dismissed it calling the plan class warfare. does the president's plan have a chance? joining me is gene sperling director of the national economic council. thank you for joining me. the president announced today he'll go after the rich. the republicans say that is a form of class warfare. the president says it's math. but the reality is it is class warfare. the rich are a class and he's going after them. >> it's the opposite. the president...

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A living, breathing intelligence that is helping business rethink how to do business. in here, inventory can be taught to learn. ♪ in here, machines have a voice... ♪ [ male announcer ] in here, medical history follows you... even when you're away from home. it's the at&t network -- a network of possibilities, creating and integrating solutions, helping business, and the world...work. rethink possible.