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Tax increase in it as it has -- >> i'm confused. i thought republicans were for chain cpi. are you now saying you're against it? >> no, what i'm saying is that democrats who say you can't touch chain cpi luns you raise taxes should know that chain cpe has within it tax increases because of the indexing of the brackets. so it's a ridiculous argument. it is this balanced if you want balance the way the president wants to do it which is to have taxes and some important restraints on spending,this bal balance the way the president wants to do it which is to have taxes and some important restraints...

Tax increase in it as it has -- >> i'm confused. i thought republicans were for chain cpi. are you now saying you're against it? >> no, what i'm saying is that democrats who say you can't touch chain cpi luns you raise taxes should know that chain cpe has within it tax increases because of the indexing of the brackets. so ridiculous argument. it is this balanced if you want balance the way the president wants to do it which is to have taxes and some important restraints on spending,this bal balance the way the president wants to do it which is to have taxes and some important restraints on spe...