Breaking down Obama's 'opening bid'
Is there a 'fiscal cliff' deal coming?
- Duration 5:20
- Date Nov 30, 2012
Is there a 'fiscal cliff' deal coming?
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It makes the president's opening bid to avoid the fiscal -- already called non starter by Republicans might just mentioned.
I includes this one point six trillion dollars in new taxes.
400 billion in spending cuts TVD specifically on that.
A little extra cash for infrastructure spending Republicans call that stimulus.
At a plea for new powers to raise the debt ceiling without having to -- though.
-- directly to congress Joseph Trippi is Howard dean's former presidential campaign -- and manager and a Fox News contributor Joseph nice to see this morning.
-- -- -- you -- as opening bids go what do you think about one.
Well and if it makes sense that it's the president's opening -- -- look we just had this out in the campaign where.
Republicans ran around saying he's gonna raise your taxes -- only his only answer is to raise taxes on the rich and and play class -- -- -- And the read it and that we have us a spending problem not a revenue problem so the president says look -- -- -- tower raise taxes one point six trillion.
Should be no surprise.
But if you want to cut spending more.
Put your specific cuts in Medicare.
On the table and then let's start having the negotiation -- as it -- it makes sense to me.
-- he would start low on the spending cuts and let the Republicans take the hit like he's taking it on taxes.
To explain where they want to want to do more spending cuts than he's proposed.
So we'll see who gets more specifics -- for Republicans are either side is -- going today at the weekend here -- is the perfect person asking about perception.
Because that's something that's plays very big in politics here at one congressman.
I've from New York had to say I'm -- New Jersey had to say about all this quoted in the Wall Street Journal today.
Injuries -- manifest is John copping up along in the back of our studios don't mind and the -- Here's -- congressmen and passengers had to say about this quote there's the public choreography.
Then there's the real choreography to reach a deal at -- look like there was a lot of fighting.
Before the deal was actually reached -- what's going on here Joseph the public is getting a sense -- everyone's fighting but behind the scenes.
Then there is a deal that's really not too far away.
Yeah I mean I think a large part of that is true but look Republicans have got to be able to say we fought.
Who fought and fought but the stubborn president most Democrats made us give.
We didn't want to raise taxes we never wanted to do that but we had to save the country from going over the cliff.
-- Democrats get their walk out after the big fight and say we never wanted to touch Medicare and of these other -- programs that were cut.
But those means stubborn Republicans.
Made us do it to stop the country from going over the cliff.
We had to compromise neither -- happy but they all get to go back to their districts.
And make the case it would ever horrible thing they did was -- by the -- willingness to compromise with the other party.
To stop the country from going over the cliff that's what's going on here now.
In all that you could have theaters sort of -- brass though the public that had a had a sit here and watch that.
Yes yes it does but the other side -- that it is looking at is that part of it is also a game with chicken.
Where they've both swerve off the road and we do -- go over the fiscal cliff there's a big penalty to be paid for it.
So yeah I think the American people were hoping after the election.
Dead dead dead both sides would it would be able come together hopefully they will I -- ice.
I still it's hard to say whether behind the scenes things are better than we think or whether this really is.
Eight you know Titanic battle that's gonna be fought out in we're gonna go over the cliff no one knows -- -- Sure yet know that that's the truth how do you think this -- up though for the year had the -- -- really.
That our country faces child and I'm curious ask the congresswoman about this yesterday your thoughts and weathering and not how big of a role.
No party is in this problem in in in in not being able to really.
Get any resolutions and kick the can down the road is it is it party the problem or is it something else.
I think a lot of it is it is both parties in problems within both parties -- -- the problem I think a lot of the the players -- sitting here already today making these decisions are looking at that that the Tony fourteen.
Reelection bid and they're not worried about the other party they are seats are safe for the most part a Republican seat -- is a democratic challenger.
They're what they're worried about as they vote for a tax increase here.
And they're challenged in the primary.
It and a primary next year and -- in 2014 and lose.
To somebody that would start a stronger on taxes in the same thing over on the democratic side.
If they give up of an incumbent member gives up.
On Medicare cuts for instance and he goes -- to his district.
He's challenged -- and his primary her primary.
By -- somebody more to the left are on that issue so.
I think you're seeing that the parties are to have problems isn't within.
Between moderates and it and in heart -- in both parties that are creating part of the problem here.
And what becomes of that how -- party planes the politics in the future our country's going to be a big conversation Joseph hope to have with you I've seen thank you so much for the time today.
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