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ABC News’s Jake Tapper on the administration’s efforts to institute the “Buffett Tax”.
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After tomorrow mr.
tapper are applying items are -- -- -- my.
-- had to do story about Mike Tyson.
Talking about Glen Rice.
Apparently allegedly harboring.
Some sort of intimate relationship that one point.
Are so prevalent.
But at what what it Mr.
President it's -- I'm sure it was.
Insightful and and -- book.
Well what He -- was up to.
Essentially it and uses word but He suggested it Glen Rice was a rather -- -- -- individuals.
And He would've been missed it I sort of an after.
Had this Pailin.
Have session with someone.
Where was perhaps more aggressive.
Like say Dennis Rodman.
So.
Somebody who is willing to chat more about it afterwards -- Well -- what somebody -- wish.
I I don't know -- what's the president doing.
-- -- this morning President Obama will outlying now.
Deficit reduction steps He wants to take -- about.
Two trillion dollars in new deficit reduction if you add in the cost.
-- -- cropped -- -- winding down the war or savings from winding down the war is and that's.
And the deal from last August it's four trillion.
And the new -- two trillion it's.
About one and a half trillion from raising taxes including the new -- rule that you've heard over the weekend in which.
Guaranteeing that -- millionaires pay.
Minimum rate.
-- Warren Buffett wrote that up at last month last August about.
Hello He paid only about a seventeen and a half percent tax rate wall everybody who works for him paid about an average of 36%.
-- this would try to rectify that.
And he's also gonna propose some some changes to Medicare including means testing Medicare meaning if you're a wealthier recipient of Medicare you would pay more.
For.
The -- paying four to be simple and also possibly have your Medicare.
Benefits cut so that's what the president will be doing -- had to to New York City for the United Nations General Assembly.
So are your proposals all -- But not as -- get it to now.
Well the people -- mobile to get it.
Past the Republicans in congress authority saying that any tax increases in non starter what's what's one and a half trillion dollars in tax increases but.
I think one of the purposes here for the president -- he's trying to draw contrasts talk about what He wants to do what could be done.
And then run against an obstructionist in his terms an obstructionist congress in the same way.
That Harry Truman years ago ran against the do nothing congress.
So it's it's.
-- -- you whether you think it's politics or or policy it's it's a way of going contrast.
What's the mood around -- -- else -- national.
I would say that what depends what part of the White House you work -- that's that's not the that's not a dobbs it's a real answers Umar.
In the press staff for the economic team you might be feeling a little besieged.
These days.
If you're with the national security team.
You know knock on wood it's been a pretty good round may have -- in.
Able to.
Kill bin Laden.
You obviously that -- it feels that that part of that but.
The record of the national security record is something that I think there's -- little bit more confident about the -- -- economic record.
Talking reserves -- senior White House correspondent for -- -- We're obviously like because -- -- calling him.
I'm -- what we have here additional we're also like to Ed Henry and as a new.
White House correspondent for fox you know a.
-- -- -- for more than a decade when what I more than that even maybe almost two decades when I I started out doing a comic strip for roll call.
The weekly at the time it was just a weekly newspaper.
And to the -- -- -- with my editor so I would submit sketches and then that would.
Say oh that's funny horror that's not funny or don't get it and then I would.
Six and imminently and it didn't will be published so yeah I've been in for a long time.
Where -- -- good as a cartoonist.
-- -- failed cartoonists.
So.
I thought I was pretty good bit.
I failed so -- that the TV correspondent.
Do you think yeah that is using -- -- air.
-- Beds and areas in real life their -- looks very different.
I would it is.
I don't want I don't want insult anybody but it might mean assumption.
I think it but if they did.
Mr.
Lawrence has more of The Beatles look at the and -- -- -- that book might be a little a little bit more style.
Back to -- present frustrated about her on a while nobles consult.
Can you possibly win reelection -- the unemployment rate is hovering near 10% as it is now if -- from -- It's very difficult I mean the way I X when I was up in New York for the 9/11 memorial and I caught up with a bunch of my friends up in your city almost all of them are.
Our Liberal Democrats -- try to explain this.
The -- that basic math and you should.
In New York City and now it's it's crazy.
And the basic -- is.
The President Obama and Senator Obama in 2008 had everything going for politically.
John McCain did not want a great campaign there are questions about his running mate.
It was an economic crisis not a national security crisis.
That happened right before the election best.
Playing into the Democrats hands could that's the stereotype that Social Security helps the Republican economic crisis also Democrats.
And yeah I mean.
He had He He ran the table I mean everything went as well mainly in a Democrat if not it's probably not gonna win the state of Indiana for another twenty years.
But -- President Obama won Indian.
So all about going form and still 47% of the country voted against them.
So.
Mitt Romney -- Rick barrier so back when whoever the nominee is starts out with 47% of the country as before.
And you have to figure.
That -- Democrats turning out to vote for Obama.
Probably will not be as inspired as they were to decimate them that the turnout will be less.
Even if it's the same all the Republican us to do is convince -- three million.
Voters plus one to their votes and I just don't see that is.
And entirely you know I I see that is easier.
Than President Obama holding them.
At least at this stage of the game so it's going to be very tough.
Record ever -- Stephanopoulos.
I mean -- -- every day.
And a bit I don't feel about some of the New York.
On -- my senator -- talked to implement some long.
I well around Rick thanks -- -- -- on our printing them out by.
ABC news's development -- to lay out -- yeah.
