the republicans overall is everybody is taking a hard line negotiating line coming in. won t be a deal coming out of this meeting, chris, but something is percolating here. look, andrea, you re exactly right. we know from president obama s press conference last week to some of the at the same time that came out after that the two sides are doing what you do any time you have a compromise debate discussion. you take out your furthest position and you give ground from there. you know, when you buy a car, you don t offer, here s as much as i can afford. you low ball it as much as possible and try to find common ground. that s in some ways what s happening here, so i think you re going to hear a lot of rhetoric going into the meeting tomorrow, which has got basically all the big players, and you ll probably hear some coming out of it, too, and iia. i still think we re probably a week or two at the earliest away from an agreement. remember that august 2nd deadline obviously rapidly approa
innovative at home, more competitive overseas. i agree with president clinton. if we lower corporate tax rates they can do the things to eliminate significant numbers of various tax deductions but you have to lower the tax rates. that s the way you re going to spur is economy and increase tax revenues. i was with bill clinton when he spoke at a conference this weekend, he said that president obama should not blink on the subject of getting taxes somehow into the mix in a larger budget deal. not a short-term deal, but a larger long-term deficit reduction deal. i think that chuck todd is right that a larger deal is easier to do than absmaller deal. i think that s the sort of thing that we ought to be doing. i m hoping that comes out of the white house discussions tomorrow. i m always optimistic about the future of our great country. and i m looki ing forward to th results tomorrow. they ought to be working on something big. the president last week six times in his press conference me
of the republican senate leadership. i spent the fourth of july with al simpson in his backyard in codey, wyoming. i think with 14 million americans looking for jobs, can t find someone to hire them, the wrong thing to do is to raise taxes on anyone in nick times like this. our problem is not that we re taxed too little, it s that washington spends too much so we need to cut the spending, cap the spending and the president talks about a balanced approach. we need a balanced budget and the way to do that is with an amendment to the constitution. senator, i just came from a bloomberg breakfast and their point is that the deal has to include tax measures. it has to be balanced. he s not saying what the proportion has to be. but that there has to be a serious entitlement cuts, real deficit reduction there and there have to be some kind of tax measures that are in the long run positive on cutting into the deficit not revenue neutral. we re not talking about immediately, but over the cours
meeting is too deep is because you re right, there s a little bit of a split between pe loi sa and hoyighwa ploysy may not on the deal, but hoyer might. that s why you see eight there. the other reason is they want eric cantor in the room. he was in the biden talks. kyl was in the biden talks. that s why you have extra folks tomorrow. on paper looks a little crowded to be frank. of course, an hour from now the president s going to begin his twitter town hall. the tweet was from john boehner, will you take job destroying tax hikes off the table. paul ryan, americans deserve a real debate.
big sticking point of taxes ahead of tomorrow s white house summit. chuck todd is nbc s chief white house correspondent and host of the daily rundown. chuck, we ve heard a lot from republicans. today at the bloomberg breakfast it was said that any tax measures had to be revenue positive over the long run that could be ten years out. eventually have to contribute toward deficit reduction. that is not what republican senator john cornyn was saying exactly the opposite what he said on our show yesterday that it has to be revenue neutral. how does the president hope to bridge this devoid? reporter: well, you know, they have an interesting tactic here. they believe and frankly behind the scenes so do house republicans believe it will be easier to sell a larger deal that has some things in it that nobody s crazy about on certain sides. whether some trims to entitlements on the democratic side or some of these revenue proposals on the republican side