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>> are you ready to deal with taxes -- put that on the table as part of an effort to end this debt crisis right now, congressman? >> well, listen, taxes that the president is proposing is going to do nothing but crush jobs. second of all, he has absolutely no mechanism to ensure that these taxes don't fuel anything but even more government spending. he fundamentally doesn't deal with the problem. we are on the verge of being the first generation in america's history, leave the next generation with a lower standard of -- >> president says he won't sign into law an extension of the bush tax cuts...

The emphasis on income inequality, you have a very populist, but not a wildly populist message. it's a fairness pitch that doesn't sound wildly left wing. >> and the team in chicago has made it clear they want to create this contrast. this is laying the groundwork for that. i'm for fairness, they aren't. >> jay carney on "morning joe" said i would say this speech wasn't an election speech. >> interestingly. i'll say as the republican here, it was an election speech sounded like somebody who is not the incumbent president. it sounds like somebody that's running against washington. not saying th...