you know, we talked about, be careful on capital gains. and the white house said, no, this isn t raising capital gain. frankly the idea, they haven t figured it out. they re just throwing out a number. we think it should be 30%. i know. we have no idea how to write it into the tax code but we came up with a number and thank you mitt romney for putting out your tax return. another adversary for the president last night republicans in congress. here he was taking on anyone who might get in the way of his agenda. let s watch the tough guy talk for the president. the state of our union is getting stronger. and we ve come too far to turn back now. as long as i m president i will work with anyone in this chamber to build on this momentum. but i intend to fight obstruction with action and i will oppose any effort to return to the very same policies that brought on this economic crisis in the first place. there s the president, chris cillizza, talking to his base. for three years he
it s a tougher argument. you know, we talked about, be careful on capital gains. and the white house said, no, this isn t raising capital gain. frankly the idea, they haven t figured it out. they re just throwing out a number. we think it should be 30%. i know. we have no idea how to write it into the tax code but we came up with a number and thank you mitt romney for putting out your tax return. another adversary for the president last night republicans in congress. here he was taking on anyone who might get in the way of his agenda. let s watch the tough guy talk for the president. the state of our union is getting stronger. and we ve come too far to turn back now. as long as i m president i will work with anyone in this chamber to build on this momentum. but i intend to fight obstruction with action and i will oppose any effort to return to the very same policies that brought on this economic crisis in the first place. there s the president, chris cillizza, talking to hi
this pisses me off. one patron suggested everything for the decaf. patients is at a premium these days on capitol hill with the super committee s deadline two weeks away. democrats and republicans are at lowering heads, as you know, getting further away from a deal. luke russert joins us from capitol hill. i understand there have been some new developments on the super committee. what has happened? what can you tell us? reporter: well, democrats on the super committee came out of their meeting and they told the media that both sides were very far apart. that republican not made an offer that they view as fair and balanced. the reason being that there is not enough revenue to make a real impact in the national debt going forward. last night republicans introduced a plan spearheaded by republican senator from pennsylvania, pat toomey. it would bring the tax rate to 28%. through getting rid of itemized
the individual, would like to get a deal done. that he himself as an individual came, you know, with all good intentions, but that he is almost being held hostage to the extreme right in his party that say no way, you do this basically and you re out as speaker of the house. that s certainly what the president was hinting at yesterday saying that, you know, there was questions about whether bean boehner could cont his own caucus. that s a factor for john boehner. you saw it in the negotiations coming up to this. tensions even between him and eric cantor, his deputy, but, you know, the bigger question for all of these people is that every poll, you know, no matter what you look at, you know, whether it s democrats or republicans, everybody is disgusted with washington, with what s going on, how things are being run, and so there s huge political danger for both sides. i think both john boehner and the president see that. okay. as always from yahoo news, holly
it s clear the republicans were the ones who walked away. what are the expectations, though, there in washington in terms of how this plays out, how this is going to end? well, the one thing is pretty clear that the grand bargain, this very big deal, is the thinking that s dead. right now it all becomes about trying to raise the debt limit and how that gets done. it could be a couple of ways. one, the white house and congressional republicans could just almost agree to a type of just spending cuts only just to be able to get the debt ceiling raised through the 2012 elections. of course, there s also that mitch mcconnell-harry reid gambet to put all the debt ceiling power in the president s hands for him to be able to raise it by himself, so those are going to be the options at this morning s meeting. i can tell you that with wall street and everyone else looking, they re hoping for some progress this weekend. okay. mark murray, we ll have you back in a couple of hours talking abo