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Today in a long news conference.
Demanding congress passes jobs bill and for the first time you through support behind Harry Reid's new super tax for millionaires.
The president also hammering Republicans say if the jobs bill fails they are the ones who will be run out of town by voters.
We're joined by FBN's rich -- that you spoke exclusively to the top Republican in the senate Mitch McConnell.
-- some of the toughest talk yet from the present on jobs what's reaction.
Well -- we did sit down with the Senate's top Republican minority leader Mitch McConnell of Kentucky.
The senate over the next two weeks will likely vote on the president's plan and a modified version.
Would that millionaire's tax so we asked senator McConnell if either will pass and here's his response.
No -- on well -- mandate that we are trying to get a vote on the the president's original He called the jobs bill we call it stimulus two was another government.
Spending bill our our view is we tried that a couple years ago.
-- almost a trillion dollars Walsh one point seven million jobs since then and the president unfortunately.
Is trying to do the same sort of sign that reminds me of an all countries saying at home it is no education in the second -- when you.
Our view is we've been there we've done that we know that doesn't work we shouldn't do it again.
Had a presence -- -- no fewer than twelve occasions.
Out on the campaign trail each artist campaign early.
That He wanted to have voted on exactly as He recommended -- tried to get that vote here in this but the democratic majority preventative.
In -- president mention your name a couple of times news conference He -- it's Senate Minority Leader along with other Republicans would have to explain.
Why they chose not complete teachers and firefighters and the like to give you an -- to you respond presidents.
Well and we chose not to raise taxes.
On the American people and on the job creators.
Now the Democrats here in the senate -- the president's proposal little bit to change the tax increase a little bit.
They now call it -- 5%.
Surtax on millionaires and -- we're going to tell you who that is.
Four of the 54.
Out of five of these so called the inner -- all -- Over 300000.
In the country would be impacted by this supposedly harmless stocks.
-- -- -- point six person on millionaire.
What the administration refuses to acknowledge that there are a lot of businesses that don't pay taxes like a corporation -- taxes as individuals.
And so this so called millionaire's surcharge.
Four out of five people.
Impacted by the or small businesses.
Employing over 300000 people in the country now the president just.
Ten months ago and signing an extension of the current tax -- should be agreed with people like me.
That raising taxes in the middle of an economic slowdown the bad idea.
While economy is not a better off now than it was renewed my -- argument ten months ago.
Do you see any tax increases -- -- Possibly past USA in the next few years.
I don't think -- in the middle of the bush recession I don't think so now we're open to -- reform.
You know we do -- through to scrub the tax code again it's been 25 years.
Since Ronald Reagan and Tip O'Neill -- democratic speaker of the house.
Help -- rationalize the tax code at the top rate from 70% down.
But over the years the -- -- gone back up.
And a preferences would come back -- we need to do that again there's some bipartisan agreement on that we'd be happy to undertake talked reform.
When you look at -- this super committee structure us do you think they have the time to do that.
In just the next couple of.
Well it's an interest in point I mean they're gonna have to decide just how much tax reform make and shorter shoehorn -- under this tight conference.
But the country really needs is long term entitlement reform -- needed change.
The eligibility for future generations for some of these entitlement programs are very very popular.
But you don't you don't over half of our budget and are gonna take an even greater percentage of it in the out years that needs to be done now before.
You know it before too -- before you get right to them brand.
And if -- -- shoehorn some tax reform and you're not going to be a great.
And finally just one last point on president John toll did do you believe that is -- sincere effort on the White House create jobs.
Effort to create a political instruments using 2012.
Or is it somewhere in between.
-- not know jobs to be created by this news this is really a political document.
And I'm disappointed the president for starting a campaign fourteen month -- we have long campaign to this country anyway but He was elected to do this job.
And of the ample time for campaigning He doesn't even know -- Republican opponents gonna be a male that a you know who we still that there are things we still they did it.
And we're prepared to work with him.
We demonstrate that we're gonna pass these trade agreements have been sitting on his death which almost three years and finally -- -- -- does He call you directly that you know no need to He doesn't need to army knows that this is another stimulus you make collar jobs -- -- another stimulus it's not gonna work.
-- all it's gonna do skilled jobs are raising the people who would be impacted by the tax increase for Arafat -- small businesses that employ 300000 people this country.
That is not a jobs proposal that is a campaign.
Instrument designed to engage in class warfare.
On -- on the assumption that anybody who's been hit by the as a -- get a vote Republican anyway anyone students are the rest solemn.
He wants to Pitt wants out of Americans against another this is -- jobs proposal you and me raising taxes or who try to pass a jobs proposal.
The senate will very likely vote on the first version of the president's -- proposal before the senate majority leader modified it with a new tax at some point this -- Gerry -- thank you for that tonight.
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