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Plug. you may have heard a term floating around washington, tax reform. when politicians get specific, quote, base rodding and he rate reform. it is bieber and honey boo boo and gangham style all rolled into one. >> when ronald reagan ran for office he laid out the principles he was going to foster. he said would he lower tax rates. he said would he broaden the base. those are my principles. bring down rates. broaden the base. simplify the code. and create incentives for growth. >> we're willing to accept some additional revenues via tax reform. simpler, cleaner, fairer tax code with fewer loo...

Broaden the base. simplify the code. and create incentives for growth. >> we're willing to accept some additional revenues via tax reform. simpler, cleaner, fairer tax code with fewer loop holes and rates for all. >> in simpson-bowles, democrats love it too. base rod and tax lowering platform. sounds so good, doesn't it? sounds better than charity destroying home shrinking state burdening tax reform. but that is what it actually is. the actual definition of base broadening tax reform that is emerging in the ongoing fiscal cliff negotiation says tax reform that limits itemized deductions among ...

Grandkids are going to have to pay back. that's a crazy idea. and i'm amazed at secretary geithner had the courage to float that yesterday hence the laughter from senator mcconnell. i think that's the kind of response it deserved. megyn: the president want tax rates to be hiked on the rich. the republicans said we don't want that. we'll talk about eliminating deductions and loop holes but we don't want to raise rates. are you sensing any wafering on the gop side on that issue? >> i have not. we are not willing to raise rates because there are a lot of small businesses that pay business income ...

Boehner immediately saying he generally supportive of trying to close the loop holes. do you see that as raising taxes? >> what boehner said and in the republican position since republican we should reduce rates have economic growth many of which are put in by obama for the solyndra green-type energy programs. let's bring the rates down. boehner was clear he wanted increase revenues it is not a tax increase to put more americans at work. if our recovery was growing the rate reagans did more americans would be at work. in terms of raising revenue which boehner grew about. if you grew the econom...

Interviews, in what we all assumed would be friendly turf fox news where at the slightest bit of scrutiny on follow-up questions he's gotten very testy and evasive. you can think of early on back in august in an interview, how long it would take mitt romney's budget to be balance. he said i don't want to be all wonky on you, but i don't know. and chris wallace started grilling him, a promise it will be deficit neutral and very vague promise it will be paid for. so chris wallace said as loop holes and deductions, that's sort of the key. and ryan basically said i don't have the time to get into ...