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the wealthiest american. republican leaders promptly dismissed it calling the plan class warfare. does the president's plan have a chance? joining me is gene sperling director of the national economic council. thank you for joining me. the president announced today he'll go after the rich. the republicans say that is a form of class warfare. the president says it's math. but the reality is it is class warfare. the rich are a class and he's going after them. >> it's the opposite. the president is asking for balance, for shared sacrifice. he's asking for everybody to contribute and get...

trillionplan to cut the deficit. reduce spending in iraq and afghanistan and higher taxes on the wealthiest american. republican leaders promptly dismissed it calling the plan class warfare. does the president's plan have a chance? joining me is gene sperling director of the national economic council. thank you for joining me. the president announced today he'll go after the rich. the republicans say that is a form of class warfare. the president says it's math. but the reality is it is class warfare. the rich are a class and he's going after them. >> it's the opposite. the president...