President irks Republicans with campaign-style event
Ed Henry reports from the White House
- Duration 3:39
- Date Dec 31, 2012
Ed Henry reports from the White House
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Thanks Ed Henry standing -- imagined that the white house with the latest there and good evening Brett the president has been mostly watching and waiting but Republicans charge a little excessive celebration from the commander in chief.
They -- the deal.
We're gonna be serious about deficit reduction and debt reduction.
-- It's gonna have to be a matter shared sacrifice.
At least as long as -- president.
And I'm going to be president for next four years -- Republicans called a victory lap President Obama said a deal is in -- It appeared at a campaign style event to remind -- what he's waiting in the GOP is not just last month Republicans in congress that they would never agree to raise.
Tax rates on the wealthiest Americans.
Obviously -- agreement is currently being discussed would raise those rates.
And -- them permanently the Republicans suggested the event may backfire accusing the president of rubbing their noses in defeat each time to stop the campaign president -- We all know that.
He won fair and square.
But isn't it now time to govern the president was absolutely out of line with his comments -- 130 this afternoon this is a very delicate time in the negotiations.
I would think Democrats would be embarrassed of what the president did.
After months of the president promising a balanced approach there are only tax hikes for the rich without any new spending cuts.
It today he hinted that even more tax hikes ahead.
Warning Republicans future deficit reduction will not come from cuts alone.
If they think that's going to be the formula for how we solve this thing.
Than they've got another -- up.
That's not how it's gonna work Republicans fired back it's time for presidential leadership to stop the exploding cost of programs like Medicare and mr.
I'm willing to play along with -- -- Republican colleagues the role of Tip -- You just need to play the role I'll -- White House officials note the president did offer dramatic cuts but it was speaker John Boehner who walked away from a four trillion dollar deal.
Indeed Peter may have trouble selling a final deal to conservatives.
After he repeatedly vowed tax hikes had to be coupled with spending cuts Washington has a spending problem.
But it can't be fixed with tax increases alone.
The other major hurdle is shutting off the sequester especially after this now in the final presidential debate it won't -- happen.
Today Republicans accuse the president of moving the goal posts by suggesting more tax increases are needed to stop the massive cuts aimed at the Pentagon and elsewhere revenues have to be part of the equation and in turning off the sequester.
Trouble on the left as well some senators grumbling the president gave away too much on that tax threshold.
Dollars or more but the White House is pushing back by saying the president held firm on 39 point 6% as the top rate.
Despite reports he might negotiate down to about 38% Brett.
You know added that event today the president didn't have a lot of details -- seemed to be framed much like as you mentioned the campaign style event.
And also perhaps a signal that this is what we may see in the new year.
If the battle of the debt ceiling starts to heat up in the next few weeks no doubt about it he did two things today by going out and hitting Republicans hard at this event he was making clear that if they don't have a final -- next couple days he's gonna go out on the road and pound them in the days ahead to put the blame on them but the second thing he was also doing is that it's not just on the fiscal -- on immigration and other issues in the days ahead.
If they don't go along with them it's pretty clear he's gonna try to take this in American people on issue after issue -- -- we'll head back for anything breaking facts.