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That affect people? >> you know, you can't make candidates say what they don't want to say. >> yeah. >> so mitt romney is not going to say what he's going to do to the mortgage deduction, what he's going to do the charitable, the tax breaks you would need to get the rate down, but president obama hasn't told us how he's going to get the corporate rate down either. so a lot of this stuff, ronald reagan ran for president in 1984 said i want to do tax reform. he didn't have a plan, he came up with his plan and passed it two years later. >> there are a fair number of specifics out from both candid...

The phrase trojan horse was used by them to get the tax cutting for the richest people back down. let's take a look at what we're seeing that the president said on tuesday about another trojan horse coming our way. >> this congressional republican budget is something different all together. it is a trojan horse. disguised as deficit reduction plans, it is really an attempt to impose a radical vision on our country. it is thinly vailed social darwinism. our entire history for a land of opportunity for everybody willing to work on it. >> the question of the structures, the term was trojan horse ...

>> the question of the structures, the term was trojan horse back in the '80s when they were getting the top rate down, it looks like they're doing it again. we're here to help the middle, but really here to help the rich. >> there is one caveat not spelled out in the plan. eliminating loopholes, other people call them deductions for the wealthest americans. >> he hasn't named one of them. >> he hasn't, but he has migrated to a rhetorical open without any specificity. i think people who praise him for courage and honesty should press him harder. and then you can recalculate the tables and find...

Infrastructures investment, education reform, so there are places where we can cooperate and, still will be a bunch of things we will fight about, though. bill: and you will probably fight about taxes, too, but the president has given ground already on the corporate tax, saying he's in favor of bringing it down. is that where the two meet? >> well, on the corporate taxes he said bringing the rate down, but, expand the base. close what he calls loopholes and as a principle, we will not argue with that. it is how you do it that matters. bill: so the way you debris it, it doesn't matter whether t...

Stability and strength of the programs. perhaps even add some invest in the the infrastructure to emphasize how we can and will become competitive. delicate balancing act. >> eric: unemployment, stuck at 9.4%. he has to address that. >> that is the key. unless he is able to come up with a plan to create jobs, not only rhetorically speak to it but bring the rate down, re-election will be more difficult than if it's below 8%, say. >> eric: you believe if the unemployment stays where it is now, you say he cannot be re-elected? >> it's difficult. election are binary choices between alternatives. r...