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China is willing to bend he will propose higher tax rates on those -- -- a million bucks a year he wants other spending cuts and rich companies proposing higher tax rate big deal.
-- in the coming -- John ransom a town hall dot com.
John I'm saying that the president the speaker Boehner has belt as as -- That he has retreated on an issue of principle.
He was saying.
Get more money out of the rich by restricting deductions now -- -- okay okay raise tax rates I think this is a big deal -- you say walked.
I think it's a big deal to and I think it shows why Republicans lost this last election to Obama -- because either you believe.
That tax increases are bad and harmful to the economy -- you down.
And you know apparently we didn't fool the American public when we had -- out there talking about tax increases for the -- so you don't think the bank issued a dumb us -- should easing should hold up well.
Now -- absolutely as you said it was a strategic for -- in order to avoided defeat.
And I think you know he's he's trying to compromise here in order avoid further defeat for Republicans I think what he's gonna -- can get more compromise -- more retreat.
Than he bargained for and defeat is going to be thrown in as -- -- for.
I don't think conservatives see what Europe of consider becoming guy -- I don't think conservatives are gonna go for this.
I'm wondering what -- -- and it could actually get higher tax rates through the House of Representatives.
I'm not I'm not sure that he can and I think I think it's much like the debt ceiling negotiations back in 2000 them eleven.
When when Boehner really had a deal already but Tea Party Republicans prevented them.
From going ahead with that deal and that's the reason why we've got to kicking cans down the road this time.
And now we've got -- -- on our company this morning a -- page.
He was saying look speaker -- is simply woken up and smell the coffee.
He's got basically no choice if he refuses to raise tax rates and the president demands higher tax rates than we go over the fiscal cliff.
We go into recession and the Republicans get the blame I think that's your -- -- -- has pretty much -- argument what what do you make of that.
Well I mean I think I think -- certainly your risk but I'm not sure that Obama gets out Scot free on this if we go over the cliff I mean I think there's a lot to lose.
And the point is is that you either believe in the economic approach.
That said that we talked about as a party.
Or you doubt in if you go out had with Obama's plan essentially -- conceding that in a lot.
It was all -- week we don't really believe that this makes sense we think the government should be spending more money.
Do you think that President Obama will bend in return -- don't you think he actually wants to go over the cliff.
I think he eventually will band but it's really hard to work to tell when Obama is dictating and gainers caving.
And let's put it of that because I think you've expressed at precisely.
I think you've got a dead right John ransom thanks very much for joining us appreciate it --
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