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Would you limit the home mortgage deduction? >> there are a lot of options. i'm not going to debate this. >> really? not going to debate this? so he specifically did not say no on the home mortgage deduction. didn't do that. that's the biggest write off that middle class americans have. nor any specifics on loopholes. give us just one loophole, mr. boehner. can't you get one? our tax code is how many thousands of pages and you can't give us one loophole? well, on tv and on paper, republicans refuse to offer details about just how they are going to get all this revenue. timothy geithner explain...

Nor any specifics on loopholes. give us just one loophole, mr. boehner. can't you get one? our tax code is how many thousands of pages and you can't give us one loophole? well, on tv and on paper, republicans refuse to offer details about just how they are going to get all this revenue. timothy geithner explained by the republicans can't sell the specifics of their plan. >> if republicans would like to go beyond these reforms, they should tell us how they want to do it. >> what if they were to propose the republican budget that they passed? >> there's no reason they are going to do that. the a...

The markets and the economy right now when you're just looking at taxes. and dividend taxes are not a rich tax. nor a capital gains. you're talking about pension funds, 401(k) plans, invest in companies that pay dividends. if you're expecting a dividend tax to go from 15% to 44% that, completely removes the opportunity or the incentive to buy dividend paying companies. and that's going to hurt not just the rich. that's going to hurt everybody if we see that. that's very dangerous, and it would create a massive selloff. >> one of the things that the president has done, going to congress and sai...

Be vague when it comes to stuff its wish list on the table, that's hard for our side, which is medicare. rallied democrats to its side, >> that's a misperception. we propossessed $600 billion in pushed republicans into the savings. position of having to counter with painful spending cut people can take a careful look proposals. so the ball is in the at them. what we haven't seen from the republicans' court in terms of what pain america has to go republicans is a plan to raise through in terms of spending rates and revenues. cuts. >> i think that's right. they said they are prepared to raise re...

Said in this past week, quote, no republican will vote for higher tax rates. will you? >> well, the negotiations are between the president and speaker boehner. and they will get into the details of that. i think you know i've laid out a plan that has $1 trillion in revenues, coupled with real entitlement reforms. >> but higher tax rates. you heard treasury secretary geithner. they are going to force this issue and say to republicans, it's over. the tax fight is over. rates have to go up. the president won re-election. he made this argument. the american people are behind him. that's what they ...