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Taxes? rates are going to go up for wealthier americans, period? >> yes. because there's no way, there's no way to do anything other than hurt the middle class if we don't 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, you're looking at another standoff here over taxes? >> well, there's 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 m...

Election, as we face a debt ceiling negotiation, all of these cuts that are going to go into effect, you're looking at another standoff here over taxes? >> well, there's 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 didn't support bowles/simpson it ignored health care, the drive of our debt. we put up alternatives. the president hasn't offered a single solution to fix this debt crisis, to deal with this tax explosion that happens at the end of the year. ...