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Bob Cusack of The Hill discusses how President Obama is seeking to bolster his negotiating chops in the debt talks.
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I would say were nowhere.
Period we're nowhere.
Other we've put a serious offer on the table by putting revenues up there to try to get this question result.
A but the White House's -- -- virtually nothing they've actually asked for more revenue than -- bit and ask him for the whole entire time there and it.
Come a tough position now and is going to be the son is a little hard for them now and they're trying to figure out where they go next.
And we might need to you know time affair with a the next but will we did is I think we expect from us as we laid out a very detailed.
Carefully designed -- spending savings.
And tax changes that helped put us back on -- path of fiscal responsibility.
That walls of Cole's house speaker John beta followed by Treasury Secretary Tim Geithner talking with Chris Wallace.
On FOX News Sunday about them blooming of fiscal cliff.
And dad John Boehner in particular not sounding overly optimistic I would say where no -- -- period.
He said but let's bring it -- managing editor of one of our favorite political publication the hill Bob -- Joining us as he so often does from DC Bob good to see you.
Gives you data so Bob is this all about it I got his ratings himself -- have this could well define.
President -- second term this is all about his negotiating shot.
Yeah that's right down and I -- nab President Obama has not doesn't have the best reputation as a negotiator in and previous deal a speaker John Boehner said he got 98%.
Of what he wanted from -- -- -- and the left has been upset.
That with all good deals that Obama has struck with the GOP.
-- as well as the fact that Obama previously has put significant changes on Medicare and Social Security -- Post November 6 things have changed and Republicans are on the defensive they lost.
The election they they lost seats in the senate they -- seats in the house -- retain their majority.
So I speak of and it is in a tough position but they are nowhere right now I mean.
The -- offer that the the a bomb initiation made was obviously just an opening.
Offer but a lot of Republicans were insulted by it because -- actually change what Obama has said previously bow before he had said.
Two and a half.
21 ratio spending cuts to tax revenue and and here we -- it from one to four so that's what Republicans saying that that.
That too much too many of the goalposts have been been change and I don't think you're gonna see any serious negotiation for at least a week if not.
To -- and they'll wed only go so we we get to two weeks would push it as late as we -- ball.
Where the -- see it playing out then does present -- way he does have the -- and right now doesn't it.
He -- he's got the bully pulpit and that's why.
Speaking John Boehner went on FOX News Sunday he asked to go on obviously Chris Wallace.
Interviewed him.
As part of the PR game because Obama has the the bully pulpit and that is that is the valuable and my house Republicans -- not just -- -- lie down.
And let.
-- Obama just dominate the airwaves so that's what speaker -- was doing I think he's gonna do more of that I think he's he's pretty good on television he.
He's not fond of -- doesn't love going on.
Interview after interview but he is the face of the Republican Party Jonathan and -- -- that.
That Mitt Romney has lost once again John Boehner is the faces of the GOP and he's got to make.
Their argument so.
I think they're probably will be some type of deal but we're gonna go real close to it to Christmas if not New Year's and -- we go over the cliff for for a day or two.
Yes I think a lot of the big factories -- Worldwide markets then and this is specifically the US stock market how it reacts because that's gonna be an impetus for deal.
I did you do you mentioned Mitt Romney dead ball -- he had his bad break.
Brief lunch with the president last week.
It appears that everybody's willing to move on from.
Mitt Romney even Republicans don't seem -- be investing him with any sort of power or influence in -- in a Republican body going forward.
Yes that's right in and Mitt Romney's budget.
Actually it embrace did not embrace -- present Obama's cuts on Medicare in obamacare now Paul Ryan's budget.
Had actually.
Accepted those cuts so when Ryan was picked on the ticket.
Well then they went with Mitt Romney's budget so Mitt Romney and you heard over and over again and camping -- -- well.
Obama is cutting 700 some odd billion from from Medicare well we talked to some Republicans -- -- -- Mitt Romney is lost.
Well they're going back to the Paul Ryan budget that'll -- some of those cuts because that's what.
Republicans really on capitol they say we we need to to maximize all the cuts that we can.
And that's what that really Mitt Romney has no policy making role in the Republican Party and I don't think he's gonna -- seek wanna I think he's going to.
Retire and I as a good piece in the Washington Post over the weekend -- -- he's he's talking to some of his his buddies he's really -- -- recuperate but but he is not going to be.
Out in the public a lot and it was very I think telling that that the meeting between president bombing in Mitt Romney.
Was behind closed doors we got a little brief.
Readout on what happened but not much you know we ready -- -- -- just on the menu.
Yes I think yes and and a little -- photo in the -- loss -- office which was striking.
All right Bob thank you very much great to see you as always -- -- managing editor of the hill check it out online app that hill dot com great to see Bob thank you sir.
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