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Transcripts For CNN State Of The Union 20120729



wealthiest in america and seeing a deficit out of control and not creating strength in the middle-class, the working families of america and that is really the future and where we ought to pin our economic policies. so you are not concerned about the president s re-election prospects? oh, no. let me tell you that this is going to be a very close election and we take it seriously and we are going to have the up s dow s and downs i and the people are moving in the right direction and they want to keep us moving forward and that the key. look at what happened this week. the president s tax cuts in the united states senate passed with a 51/48 vote to make sure that the families making less than 250,000 tlrz a year have no ulg kriz in $250,000 a year and have no increase. and those making under $250,000 will not have any tax cuts whatsoever if we retain the republican policies. everyone in washington right now is talking as though they had nothing to do with the deal ....

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Transcripts For CNNW State Of The Union 20120729



confident dick durbin of illinois and one of romney s possible vp picks senator kelly ayotte from new hampshire. and mitt romney s company were pioneers in outsourcing jobs. barack obama s record is the worst record since the depression. and we will talk about those ads with our cnn political analyst ron brownstein and time magazine s michael sherer. an incumbent president still in peril, and measuring optimism about the economy has fallen to the lowest level this year, and personal spending cooled as shoppers cut back on items big and small from cars to groceries and the broadest measure of economic health, the gross domestic product grew at an anemic 1.5% in the second quarter. not good news for president obama 100 days away from the election. and joining us this morning is senator dick durbin. i want to put the gdpp fod g figures the gross domestic product figure, because it has been up, but not to the point where it can bring down unemployment. that ....

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