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Gridlock or compromise?

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    Will anything change in Obama's second term?

  • Duration 4:14
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Switching gears now just days after the election and talk of finding common ground with the GOP to avoid the so called fiscal cliff.

President Obama is already at odds with house speaker John Boehner on how to compromise will they find a way to get along or stay stuck in.

The staying free election gridlock joining us now with some thoughts on all this -- about what let's bring in former senior advisor to senator Harry Reid -- -- and former spokesman war.

The president -- John Boehner.

Well welcome to you is great to have you on board it's great to be let's get let's start -- -- -- that situation with the president speaking and saying bad.

As far that -- he's concerned.

Wealthier Americans are going to pay higher taxes there's no more debate about this because that ended with his reelection because he believes voters.

Validated his efforts to make this happen.

Speaker Boehner says raising taxes unacceptable where we -- -- Well I think that you're seeing -- the classic positioning everybody wants to make sure that they speaking for their own constituencies they just came out of election -- each.

Having put out their own proposals and wanted to make sure that they are addressing those concerns of their own constituencies.

What we're gonna see next week is -- call from the president for the leaders to go down to the White House and that's from the real negotiations will begin.

There is not that much time and we have a fiscal looming -- at the end of the year so it's gonna condensed season hopefully we can get.

Both sides to come to the right compromise.

It's important for the president not to be too intransigent here on this particular topic the stock market has taken a beating since he was reelected I think that should send a strong signal.

That taking too much.

More taxes out of this economy for the benefit of the federal government isn't popular with people investing their money in looking toward the future so it seems to -- that.

Both sides need to be.

A little bit more respectful of each other's positions give each other a little bit of latitude and build a little bit of trust so that the end of the day we can solve some of these big problem.

Look at believe they have -- -- of their own because they retain the house in this last election so would that said.

-- -- compromise coming about.

At a time when both sides are -- line in the -- You know what we're seeing is that each one has to own -- power and speaker Boehner has his own basic -- because he does have control of the house.

Speak at senator majority leader Reid has his own power base.

McConnell the minority leader because you're gonna need in order to pass anything you're gonna need a certain -- Republicans in the senate.

To come with the president so each one -- has her own power base -- -- working from.

It's really gonna come down to the triangulation a Republican is see here in the next six weeks you know who who what -- the coalitions that are needed to actually passed.

Welcome to divided government and -- you -- you know weigh in but but in this setting I think right now.

Everybody has an interest in finding a way toward making progress toward.

Giving the American people what they obviously wanted from all of their all of their leaders which was some substantive move forward on the big issues of -- country.

Taxes and spending are on everyone's mind and they're all gonna have to give a little.

Do you think it's a little on taxes do you think that the Democrats are gonna play fair when it comes entitlements.

And going after -- it if that is that is part of the agenda and also on the on the spending side as well -- mean that Democrats recognize that it's not just all about it.

The increase in revenue that you do need to happen Alan you need both the increase in revenue on the -- -- -- cut spending -- so that's the community.

You can't ignore the math if we don't reform entitlements -- this country's broken just a few years and I think.

-- long as there is a mutual respect for the political.

Parameters.

The leaders what they have to do you keep their conferences together there can be real progress -- -- he can't ignore the -- we don't fix entitlements is no room in this economy for anything.

Basically optimistic of winning a deal before the end of the year we have to that's just -- -- More than I was the last time has -- we'll see -- things like that we've been there before because though let's hope to get some.

-- -- -- a little bit and it's a little bit at that time we've been in a very partisan environment for a long time so baby steps.

Thank you both -- you really -- I didn't fund is very closely -- -- -- back with you for your reaction later on I appreciate very much.

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