Page 15 - Will Cave News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Even the president's most outspoken critics are saying, it's time to give in. >> if the bush tax cuts are repealed and everyone's taxes go up, i promise you republicans will be blamed for it. >> so are you saying, then, for pr purposes that they should give into obama on the tax rate in. >> not exactly. well, yeah, i guess i am. >> ka pit late to obama who is -- we don't have a revenue problem, ann. >> we lost the election, shawn. >> i can't believe i'm saying this, but ann coultter is right. they lost. the question may now be when, not if, the republicans will cave on taxes. joining me now is...

>> dana: big news today. jim demint of south carolina made a big announcement. he recently won in 2011. and he will be leaving the senate to take over assed that of the heritage foundation. for ed fullner. big shoes to fill. a lot of buzz what does it mean? where will the heritage fountain go from here -- hair damage foundation go from here. it's huge news for heritage. do you a book to sell? >> eric: this is fantastic. this is fantastic for the country. robert in >> dana: how did i become the pinata today? >> greg: spanish word. >> bob: for all of those listening to the naysayers up here, the...

Jay carney repeated the phrase 100 times. we raise taxes, which the republicans have already concedeed. we cut spending. they have done nothing on spending expect to propose increase in spending. it's preposterous. in context of that offer of nothing, ludicrous offer which is humiliating, they are not going to get any republicans signing on. if obama continues with the position he won't get anywhere. if he concedes and talks about the spending cut he might come up with an agreement. but he seems to think that he needs to offer nothing. because he is such a strong position. i think he is truly ...

Fiscal cliff. what is your opinion? i got an opinion. i say the republicans will cave and that we will get higher tax rates on the rich before the end of the year. what does bob say? >> i think it is going to be a roller coaster ride. i think that republicans are going to agree -- i agree with you, they will agree to a rate hike. i don't think it will be $250,000. no way. maybe at $1 million or $2 million. but there will be some threshold, and it's $are a lot of smoke and mirrors but when the dust settles rates will go up. >> i think you are right. it won't be a $250,000 cutoff, much higher th...

>>stuart: the clock is ticking over tax hiking. if there this is no fiscal cliff deal well in december, will republicans it will stick to their guns when it comes to those hikes on the wealthy? to republican senator from utah, senator hatch. welcome to the program, senator, good to see you. >>guest: nice to be with you. >>stuart: don't want to of on fund you but i think at end of december if there is in deal, president obama will say, wait you republicans, you will send america over the cliff into recession just because you are defending your rich millionaire pals, back off. you, sir, will cav...