Do Republicans stand to lose the most in fiscal battle?
Political impact of debt fight
- Duration 5:45
- Date Dec 28, 2012
Political impact of debt fight
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This transcript is automatically generated
Right now the fiscal cliff it's just four days away can you see -- out there.
Looking beyond the deadline though this short term battle will have a long term political impact.
Let's talk about it with -- -- -- a former chairman of the Republican party of Virginia and the author of divider in chief.
Margie Romero is a democratic pollster and president of momentum analysis welcome to both of -- 8% Mardi let me read you headline according to one of the political web sites.
It said Democrats.
Are best position that if we go over the cliff.
Do you agree.
Well I think the American people lose in the middle class loses -- we -- a fiscal cliff and we're talking about on average 2000 dollar tax increase for most Americans.
The polls show that voters overwhelmingly feel that Republicans will be to blame if we go over the fiscal cliff.
And over time we've seen President Obama is ratings on how he's handling the crisis.
Actually improving while Republicans and their -- story how they're handling our worsening so.
By and large consistently whether it's how people.
View how the parties are -- -- acting and whether or not they want people to collaborate and work together which they do.
The party that's seen as really able to come to the table negotiate it is gonna benefit the party that's being accident is gonna suffer.
Kate whether you agree with the analysis of the American people are not the Gallup polling does show that President Obama is in the mid fifties when it comes to his polling ratings on how he's handling.
The fiscal cliff Republicans in congress are in the mid twenties right.
How do you -- there's no question there's no question about that John -- Obama has done -- match better job of positioning himself to take advantage of going off the fiscal cliff.
He -- pain and at Republicans for months now as.
Opposed to the middle class only caring about their millionaire and billionaire friends saying that they've taken hostage the that working people of America you had Steny Hoyer.
Saying that Republicans are like people who want to take their children hostage and threatening to shoot them this sort of -- fine have Republicans.
Has been incredibly a fact -- I think in the short term.
Absolutely the president is -- to take advantage of this he gets when he winds tax increases massive cuts and military.
And it more revenue to expand the size of government in the long run -- Republicans really stand -- two way and because and as appalling as that.
The notion -- there were even talking about who wins.
But though Republicans win and because the economy is going to go up yet another class and that it's going to be.
The president's economy we can't keep blaming this on George Bush is the president he is the one it was not putting forth any more proposals to.
Work with Republicans and he's gonna have to take ownership of this.
If Republicans can come together and come up with a cohesive message.
About real economic growth -- shrinking the size of government they don't have a message yet and that's going to be the big question mark as to who wins in the long.
Margie if we go over the cliff I mean everybody's paycheck just about come you know January 1 is going to be shrunk and because government is going to be taking a much bigger chunk of it.
That's can infuriate people aren't they get -- blaming President Obama.
The parent company planet and -- -- -- because polls show that they're blaming Republicans and if you Republicans is really.
Not willing to come to the table and -- this isn't about taking advantage of some sort of recent development we had an election and we had a election where voters very clearly supported president Obama's -- got kind of got fifty point 96%.
Gain popular however three had he had ever 300 electoral votes.
Ranil we have 11 battleground state and it it was a pretty clear it sending -- attends a senate victories there's a gain an in depth and -- house and the hurricanes -- down ballot so.
It really very clearly voters spoke that they agree with the president's handling of the economy and they also agree with.
The proposals that the president has the power he has support a plan I had to -- one spending cuts and revenue increases.
And Republicans they tried to pass of a plane of their around that would change.
And that's a bracket of what they considered wealthy to make it hire who they thought were the wealthiest and it failed because Republicans didn't want to.
Submitted to tax anybody who is making over a million dollars a year -- crystal has criticized that those -- my words -- are just the American people's words it.
Republicans have criticized that that now.
Republicans are really is standing in the way of over real deal in order to defend the very very top -- I know that Republicans Republicans have a mandate as well they are elected -- majority in the House of Representatives and there -- mandate is to maintain.
I'm a grip on the size of government instead of letting it the president and the Democrats.
Rand less towards Greece and bankruptcy and insolvency and said they have a mandate if -- Go along with raising taxes on the job creators in America they can play and be wiped out in the mid term elections they know that they know what their mandate ends in -- keep.
Looking at these polls that 50% of the president's approval rating right now but these polls are not gonna -- stagnant.
The economy is going to suffer dramatically we are going to have higher unemployment -- not -- national debt that is going to have an impact.
On the American people and it's the Republican's you need to be an -- position.
Of holding the line looking out for the middle class and the working.
Hardworking Americans in the job creators and if they're able to do that then hopefully there will be on this reevaluation and Indian Brey said.
Stimulating the private sector in the free market and taking up dramatically different.
On tactic rather than Obama as massive expansion of the federal government as the only means to.
To stimulating the economy and Kate -- -- from the Republican side Margie Romero from the democratic side four days left we'll see what happens -- fingers.
Thank you both thank you.