Obama Comments On Cliff Deal: We Can't Cut Our Way To ProsperityPresident Obama spoke shortly after the House passed a deal to avert the "fiscal cliff" tax increases and spending cuts. He said the deal is "just one step in a broader effort." President Barack Obama: "A central premise of my campaign for president was to change the tax code that was too skewed towards the wealthy at the expense of
Rep. Sander Levin: More Taxes Will Be Necessary In The FutureREP. SANDER LEVIN (D-MICHIGAN): "I just don't want the chairman's statement that this settles permanently how much revenue will be made available. The president has made clear there has to be a balanced approach and no one should be misled into thinking otherwise. No one."
Krauthammer: Obama Has Political Success On Top Of Substantive SuccessCHARLES KRAUTHAMMER: I was really fascinated by the exchange that went on on the floor of the House between Dave Camp (R-Michigan), who is the Republican Chairman of the House Ways and Means committee, and Sandy Levin (D-
Krauthammer On Fiscal Cliff Deal: "Complete Surrender On Everything"CHARLES KRAUTHAMMER: It's possible that this is a prelude to a challenge, Thursday, to Boehner's leadership by Eric Cantor. I think it would be quite naked to do it at this late hour as a result of a split over the vote. Look, there are a lot of conservatives in the Republican caucus in the House who hate the bill, and for good reason. This is
CBS "Evening News" Report: Is ObamaCare Bad For Business?(CBS News) NEW YORK CITY - Most parts of Obamacare will take effect next year, but a lot of small businesses are already making plans. At the Five Guys restaurant in New York City, burgers and fries are the specialties, but owner Jo
Grover Norquist: Voting For Fiscal Cliff Deal Does Not Raise TaxesGROVER NORQUIST: It’s technically not a violation of the pledge, but I understand why a lot of Republicans had said, look, even though what’s happening is the tax cuts disappear and we’re restoring them for most people, so we’re not raising taxes. We’re actually cutting taxes. ### NORQUIST: Define compromise, okay? Richard Nixon and
CNN: What Republicans Hate In The Fiscal DealCNN's Tom Foreman breaks down the items in the fiscal cliff deal the House Republicans don't like.
Issa Opposes Senate Fiscal Cliff Bill Due To Lack Of Spending CutsHouse Oversight Chairman Rep. Darrell Issa (R-CA) appeared on CNN with Wolf Blitzer after taking the House floor to discuss his concern for the Senate fiscal cliff bill. Issa says President Obama and Democrats failed to meet their own stated obligation, which was to bring a balanced deal that included spending cuts.
House Dem: Boehner "Courageous" For Taking Fiscal Cliff Deal To A VoteREP. JOHN YARMUTH (D-KENTUCKY): "I just need to say something in support of Speaker Boehner. He's in a very, very difficult spot. And to a certain extent, given the dynamics of the three-way negotiations or four-way, maybe, both the Republicans and the Democrats became somewhat irrelevant in this process. And it’s really risky what he has done to
Dem Rep: House GOP "Will Own" Going Over Cliff If Agreement KilledRep. Adam Schiff (D-CA) joins MSNBC to explain his view on what happens next should the House GOP vote against a Senate-approved fiscal deal.
GOP Congressman Supports Fiscal Cliff Bill: "No Question About It"Rep. Tom Cole (R-Okla.) joins MSNBC to discuss where he stands on a Senate-approved fiscal deal. REP. TOM COLE: We're very late in the process for anything to be added to what's essentially a bipartisan agreement. This is, honestly, I would argue from a Republican perspective, it's a compromise. You didn't get everything you wanted, but when you
Jeb Bush On GOP's Future, Why He Didn't Run In 2012Politics dominated many of the headlines of 2012 and one of the most intriguing people within the Republican party was Jeb Bush, but he chose not to enter the presidential race. Charlie Rose spoke to the former Fla. governor on why he chose to stay on the sidelines and what the future holds for the GOP.
Senate Passes Legislation To Stop Fiscal Cliff, 89-8; House Votes NextWASHINGTON (ASSOCIATED PRESS) — Hours past a self-imposed deadline for action, the Senate passed legislation early New Year's Day to neutralize a fiscal cliff combination of across-the-board tax increases and spending cuts that kicked in at midnight. The pre-