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When you are in difficult economic times as we are and you need to put people back to work as well as dealing with the deficit, how do you do that? by enabling the economy to grow. the best way to hurt economic growth is to impose more taxes on the people who do the hiring. as a result, republicans have said don't raise the existing tax rates on those who do the hiring. instead, i hope we can get into this explore the kinds of things that we did during the deficit reduction committee work to reform the tax code, eliminate preferences, credits and deductions or reduce their value significantly ...

Republicans supporting tax increase in an election year. so, both sides kind of see this as something they can use to their advantage, politically. democrats saying looking how hypocritical the republicans are. in terms of what is going to happen, it will really come down to 11th hour negotiation that we've seen all year. i suspect president obama will get involved according to that source that i have spoken to on capitol hill. john boehner, harry reid. you saw the way forward with the poison pill and the surtax, that's not going to go anywhere. basically it comes down to what you have to do i...

When you are in difficult economic times as we are and you need to put people back to work as well as dealing with the deficit, how do you do that? by enabling the economy to grow. the best way to hurt economic growth is to impose more taxes on the people who do the hiring. as a result, republicans have said don't raise the existing tax rates on those who do the hiring. instead, i hope we can get into this explore the kinds of things that we did during the deficit reduction committee work to reform the tax code, eliminate preferences, credits and deductions or reduce their value significantly ...

When you are in difficult economic times as we are and you need to put people back to work as well as dealing with the deficit, how do you do that? by enabling the economy to grow. the best way to hurt economic growth is to impose more taxes on the people who do the hiring. as a result, republicans have said don't raise the existing tax rates on those who do the hiring. instead, i hope we can get into this explore the kinds of things that we did during the deficit reduction committee work to reform the tax code, eliminate preferences, credits and deductions or reduce their value significantly ...

The other side can never agree to something. republicans have made offers. they have made offers where they closed the loopholes, where it changes and expands the revenue into government simply from the fact that we expand the economy and grow. that is a fundamental difference that's out there. but the democrats have never even proposed a plan. what has the president done? now and then he phones in. well, you can't be e.t. you actually have to lead. >> lastly, there are some things that are going to be expiring at the end of 2012 the payroll tax extension, jobless benefits, possibly the doc fi...