against his own party. democrats are unhappy about but he ll do it. bob: what is the problem with fair share? greg: it s code for we want your money. we want to punish you for achieving. bob: i was asking dana about a reasonable position. dana: this is not definable. he gets to decide what the fair share is. the american people get to decide. if you look at some place like washington state last year with a referendum to increase taxes on millionaires and billionaires, it failed. 6 a 5% of the people voted against it. bob: when eric said baloney when the poll came up, i happen to believe in polls. vast majority of this country believes there should be kimberly: 67%. bob: that s a lot. eric: the baloney is if you tax wealthy people at 67%,
some people thought they d show courage. kimberly: really? what are the odds? bob: this was boehner and the president and reid and the rest. he was involved. that was in august. eric: he was involved and he failed. that is why we have a super committee. he worked with the republicans to figure out a way to make spending cuts. he and bane bob: he and boehner had a deal. wait. obama was willing to cut entitlements. boehner was willing to deal with the tax increases. boehner went back and tea party said no. eric: selective memory. bob: no. dana: that is why [ overtalk ] eric: obama came back with a different dana: the deal you are talking about that you, that i don t know for sure, but that the tea party rejected that was revenue raiser that boehner offered. somehow in the last two months, either boehner convinced the rest of his republicans to go along with him. they maybe not all liked it.
the people were given the kind of opportunity that has never been in power given to 12 people in the history of the united states. they didn t take the opportunity. none of them had tough re-election campaigns. none of them had any particular pressure on them. they could not have dealt with. yet, they buckled. the democrats did not come forward with the entitlement cuts which have to happen. republicans if they stick with this, no taxes we re going nowhere. i blame the republicans more than democrats but i blame them both. dana: 60/40? eric: where is the president, bob? i ll say it again. dana: he is about to walk out. eric: right. i don t mean where is he right now. kimberly: how clairvoyant of you. eric: this is stemming from the failure to work with the house. couldn t work with the house so they had to go to a super committee. eric: he worked with the house bob: yes. don t you remember there. should have been a payoff.
committee from the deficit reduction in cochair. he disappointed that the house will forge ahead with commitments we have made, reducing the government spending and removing the standing in private sector and job creation. this is the same rhetoric from the beginning. be honest, did anyone expect a different outcome? bob: i did. kimberly: honestly? greg: i did. i thought for once they would show courage. thigh had an opportunity to do something here. what you need to do is come up with the entitlement cuts that will be required to do that, one. that requires cutting entitlement. that is fine. eric: when george bush s first budget was $1.# trillion. spending doubled in ten or 1 years. doubled. eric: the doubling of the defense spending.
if you look at social security and medicaid budget from last year to this year up a huge amount of money. eric: it s increased $5 trillion in three years. someone called a spender it increases 5.8 years. bob: if you look at the way this works easy to say with a checkbook the law is you have to pay social security and medicare. what is your answer? both. both. eric: both. waiting for speech on the super committee. stay with the five. we ll be right back.