over this with secretary geithner.s cfere you say you agree to $800 billion in new revenue last weekend in a meeting withinith secretary geithner, and that the president moved the goalpost.yoeard you heard his response, wellwel we didn t really have a deal. did you have a deal with d secretary geithner?thner? last sunday i thought there was an agreement. it was $800 billion of new revenue coming from a flatter, fairer tax system that would agaiour economy moving again and employ more americans and bring more revenue to the federal government.ve and i believe we could get there.onsday on tuesday the president saidded they needed more revenue. mr. cantor and i told the ayesident no.wesd wedn tesday they said theymo needed more revenue. s we said no.or thursday, need more revenue, we said no.rida friday afternoon when the president called me and demanded $400 billion in more rn
boehner agreeing, the speaker of the house to 800 billion dollars in new revenue coming from tax reform and closing loopholes. is he going to be able to sell that in his caucus. economic growth, as they say. there s not going to be a grand bargain, speaker boehner he, i think it was wrong and proven to be wrong by the president and responsible thing for the republicans to do responsibly passed the only legislation to lift the debt ceiling is to pass the kind of two step legislation the speaker is looking at and i do not believe that democrats, are much less pessimistic than brit a, or b, the republicans are going to do the right thing here. there won t be a grand bargain, what they can do get the spending cuts, not allow tax increases and lay the groundwork for the 2012 and electing a president that is willing to get serious with the debt and deficit. chris: juan. i think the last week, the mechanism in pleas, the two
senate, dare the white house to veto it, to block it? prefer to make a deal with the senate democratic lead are harry reid. that s what happened yesterday. an amazing moment. a meeting in the white house yesterday morning, they walked out and the speaker said i m going to convene a meeting only of congressional leaders and had that late in the afternoon only on the hill and asked one of the speaker s aide, who represented the white house on that, the government, the white house is always represented at the meetings on the hill. no one, it was the four congressional leaders alone. they have decided and i think, i think harry reid sort of believes it, and can t quite say it, president obama and secretary geithner are part of the problem and not part of the solution and they re going to try to cut a deal on the hill, cutting the president out. and pelosi is putting pressure on, hard to get the two stage agreement. one trillion if first with spending cuts and second trillion, with spendi
goalposts during the course of the week by demanding another $400 billion.r a simple question, did you have an agreement with speaker boehner last sunday in ahite meeting in daily s office, $800 billion in new revenue?ut w we did not burkts we were close. you did not have an agreement? no, we did not. c: at that pointdi on thateme saturday, we were apart on twoho things. one is what type of revenue we will get through tax reform. but we are apart on the depth of savings that speaker boehner thought we should put we in the deal on medicaid, for example. but the $800 billion figure, you agreeed on that.nots nothing is done until everything is done.oi at that point we were gettingng closer, but we were not done yet.nce at there is still a chance youe should ask the speaker, ofof course, but there is still a chance that may prove the best w way to get the votes.ker ds t the president believes it framek would be the best thing to do,
revenue, there is no way youay u can get that out of tax reformer other than raising taxes on the american people.ime for me it was time for me t to step bac back and to begin to figuree out out what is the path forward. it wasn t just the additional revenues the president wanted. o their willingness to makent fundamental retirement reform,y real cuts in spending. rt they continue to resist at every turn.athen and that s when i finally decided it was time to say no.ae it was time to reach out to my fellow congressional leaders and my house republican colleagues and to develop a congressional plan to dealiona with this problem.ls i want to pick up on one: wan part of this because it isonar causing heartburn for frankly house republicans. y what you are just saying is prot despite your promise not toou raise tax revenue is you agree to $800 billion more as part of the debt deal through taxg al reform, lowering all of thelso rates, but also closingph loopholes and endinggrd