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Boehner offered a compromise this week where he said yes, i am willing to put more revenue on the table but through closing deductions, ending loopholes, not through raising rates. can you accept a compromise as part of this whole deal that doesn't raise the bush tax rate on the wealthy? >> well, here is the issue. how much revenue are we going to generate part of a balanced package? i take my lead on this from simpson-bowles and their framework. in their framework, they assume the amount of revenue as if you started tax reform from a 3% rate. that is part -- 39% rate. that's part of their bui...

Congressman van hollen, john boehner offered a compromise this week where he said yes, i am willing to put more revenue on the table but through closing deductions, ending loopholes, not through raising rates. can you accept a compromise as part of this whole deal that doesn't raise the bush tax rate on the wealthy? >> well, here is the issue. how much revenue are we going to generate part of a balanced package? i take my lead on this from simpson-bowles and their framework. in their framework, they assume the amount of revenue as if you started tax reform from a 3% rate. that is part -- 39% r...

Case scenario which you are talking about meaning altogether the tax cuts set to expire at the end of the year do expire. lawmakers will be hard pressed to figure out a way to avoid that before the end the year with the deficit reduction plan that deals with the expiring tax cuts and the $1 trillion cuts to defense and domestic programs. a new report out today says this could be a plan developing to help lawmakers move forward on it all. "new york times" reports that colorado democratic senator bennett and tennessee republican senator alexander are representing their parties and would in part ...

Taking. >> so we have some real deadlines coming but when you see language like that phase is over. you saw mitch mcconnell, he said you guys weren't saking this seriously, that feels like campaign rhetoric. that feels like it's not september 2011, it feels like september 2012. there are real deadline facing out, the payroll tax cut expires essentially at the end of the year. the bush tax cuts expire at the end of 2012. it does seem that everybody has said we're not governing anymore. >> the president last week spoke to a bipartisan session of congress and there was a broad sense that we need ...

they also met. what's also interesting, kyra, rick perry met with three of donald trump's children. you know, i spoke to michael cohen who is trump's top political adviser. i just got off the phone with him and cohen said he spent some time with perry, as well. they talked about the economy and jobs and talked about family. all topics we would expect to come up during the conversation with donald trump. what is the take away from trump? cohen tells me that trump likes him as an individual and also likes what perry has done in texas, as far as creating jobs and also to make it a pro-b...