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Of can we survive, you know, the nuclear winter. it is the good news is that a deal is fairly obvious what needs to be put into it. it s just a question of when the political will comes together. it can be done very quickly if people are willing to, but it does seem as if they are now preparing for the blame game that follows with the assumption that they re going off the fiscal cliff with whatever economic calamity comes with it. i want to bring in congressman peter defazio, a democrat from oregon. good morning. good morning. you re one of the folks who have said, correct me if i m wrong, that republicans won t accept tax hikes for wealthy and we might as well go off the fiscal cliff and take it up after january 1st. is that an accurate representation of your position? and if so, why? sure. well, first, off the cliff is an unbelievable exaggeration. there s no cliff. in fact, the only tax rate that changes on january 1st is we do away with the social security/fica holiday. t ....
Be some stim latiulative effect regard to the middle class tax cuts and the fica holiday, i think those things will have something and the president i think is betting on the economy being much better by the time 2012 comes around. i hope so. congressman when i was in hawaii covering the president, bill burton one of his staffers said among his reading list one of the books was role of a lifetime a biography of ronald reagan. does that send shivers up your spine as a democratic leader that maybe he s going to be triangleating and taking some of the reagan play book? no, not at all. i love history we ought to read as much as we can, that s fine t informs how we proceed. more to the point, democrats are united with this administration on those core values that i mentioned, strength in the economy, rebuilding the middle class, strengthening the middle class and reducing debt and deficit and i reject the premise that house democrats are ....
Them, not against them. and i think that there will be maybe some things that we can work together on but again we ve got to, they ve got to come half way. remember, they ve been on the side lines throwing spitballs saying no, no, no, no, no, no, no. and now they ve got to do something. congressman, the president tried to work with republicans in december to do something, and you opposed the tax deal. you didn t want him to work with republicans. which one is it? let me be clear. i oppose the tax bill because i saw what was coming up this year, as i said before i do believe that we will pay dearly for that tax bill. going back to what my friend just said i believe there will be some stimulative effect with regard to the middle class tax cuts and the fica holiday. i think those things will have something and the president i think is betting on the economy being much better by the time 2012 comes around. i hope so. congressman israel, when i was in hawaii covering the president, bi ....