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FNC contributor Fred Barnes and FNC political analyst Juan Williams on efforts to reach a deal in an effort to avoid the fiscal cliff.
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No question President Obama will have his work cut out for him in his second term.
Not the least -- -- pushing through the partisan gridlock he says he's been that has been holding him back all these years.
He's got to make big moves in fast on jobs health care taxes you.
No matter how do you voted last night.
I am betting you're sick and tired of all the political bickering.
Can't things just -- -- joining me now is Fred Barnes Fox News just.
Executive editor of the weekly standard we've Juan Williams Fox News political analyst and you know what guys.
I am gonna bring people together if it kills me here -- Look -- give me your olive branch.
What what could the Republicans offer peace and got a full of these problems -- in the fiscal -- is it we it's we're gonna go over to anymore it's its speeding at us I'm terrified -- olive -- Such well look I think the Ellison the first thing you need to do is is not try to do all this in this lame duck session of congress.
You can -- -- action.
Let's stop gap measures and turn it over to the new president -- the same President Obama.
And the new congress sunny Democrats ought to be happy with that because -- A few more Democrats they're it eleven that were in the last one but if you listen -- speaker Boehner last night what he said is he's happy to have.
Tax revenues go up.
Just not tax rates and you don't want to raise tax rates.
Did.
When you have an economy that so weak because they you raise tax rates it's a disincentive to investment.
Job -- -- job now.
-- olive branch and what you're saying there might -- What do you -- -- want olive branch in there now he's Smart.
Man of Baghdad you know the thing is -- but -- a hard man Melissa and that hard man.
They're -- what he did basically say it is.
It's the same deal we were opera before and we don't see any need for further compromise I think that just encourages Democrats and their intransigence -- okay olive green while painful are I don't see.
-- -- -- What it here's your chance to rise above the fray here is your chance to make mr.
Barnes look bad.
Give me -- olive branch of new figures suggest what would you like the Democrats to come and operate here.
Well I think the president needs to go public with embracing some aspects instance in both so that he has.
Taken political ownership in a way that he was I think cowardly for not doing previously but take.
I don't know why it's like I love -- going to one.
Like -- and he would have -- He would say that we're gonna have tremendous spending cuts for example and Medicare.
And he would say here's how I plan to do it here is exactly the age level for eligibility.
Or he would stay with regard to Social Security here the changes that I propose making.
And I take ownership I'm gonna take -- from my political base the non Democratic Party.
Yeah and expose my party -- now you mr.
Boehner let's see which again.
Want you are great American and I'm -- being here at the desk -- love that spread -- what do you -- you know put you on the table what.
You know what chance there is that president Obama's confidence and don't.
Oh yeah are pretty pretty -- there's not a -- -- block.
-- look he's passed up the chance over and over again to -- Simpson -- to do something about Medicare.
To do something about Social Security which is easiest thing of also security luck.
There's so many there's so many tax breaks dubbed the deductions credits -- that you can cut.
-- not just for rich people you have to do it for other people do if you want to raise some revenues.
The Republicans are ready to do that luck.
You -- want my advice is yet give us your advice spread because it was a lot night work were all little cranky and we got to help everybody comes together here.
Give me -- I'm -- five and I'm not.
I'm not cranky at all but for a lot of people you can tap some of these the budget.
The one on the second home for instance that's one you can start with I have a second home so I've I'm.
I'm putting myself on the line here and have less of a public tax deduction on the on the on your mortgage jumped.
Up for a second home that's a good place why you like fat.
Out you know I -- I have no problem with that is an idea but again what he -- is doing I think is avoiding the difficult conversation on the Republican side.
Not only about identifying it's gotta be more than that that's not big money.
You've got to really identified as big.
Loopholes and deductions closings gotta be multiple bread and I think and that's why are they exist towards -- -- towards the rates and I know you don't wanna touch debates.
But at some point.
You've got -- you gotta say hey if the other guy's gonna take the beating I want I'm gonna show that the guy got some skin in.
That you -- so why do you have liked to hear about rates going up that's -- the liberals aren't enough for you.
But well it's like that we remember when they have the ten Republicans on the stage they say would you take one dollar in a tax hike for ten dollars in spending -- and -- -- no.
I know but but hey hey they're not going to be in this congress so did those Republicans are not the White House Republicans if if you get -- -- offered a deal like that they take that the heartbeat of course okay I'll look there's summoning.
But there's so many things you can do revenue wise it would be crazy would be unfair.
It would not be an act of fairness to raise tax rates because and all you gonna do was weaken the economy.
And the -- the economy and OK on who suffers the most it's the people at the bottom of the economic -- are people -- Obama says he wants to help.
Come I had gentlemen we're gonna leave at -- could put -- an -- and make your best ever we appreciate it we got a ways to go but mainly did something man.
