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by spaker boehner. who am i to say? this much i will say kicking things off tonight. there is the makings of a deal here, an agreement in the political posturing and theater that is famous in washington. each side trying to very carefully dance off the cliff withou looking like it produced the disaster. there is, in the president' remarks today and boehner's yesterday, the inkling of an overture on each side, now, how much of one? with 52 days left to go, how real? rich edson in washington reading between the lines. what do you think, rich >> well, neil, there's plenty of space. ere's not that many details discussed. neither side says they want to box the other in the corner beginning negotiations. president obama, though, made it fairly clear he wants taxes to go up on wealthier taxpayers saying after the election, he was re-elected, democrats back in the senate, and the message in the campaign is wealthier people need to pay more. therefore, that's the approach he's taken. as for what happens in the3 negotiations and next year, we're still very, very early in this, and so we continue to


coming off a smashing re-election victory or speaker of the house john boehner and his tea party cohort determined to hold the line against higher tax rates on the well-to-right now both sides seem to be digging in. president obama used a campaign-style white house appearance today to declare that while he's willing to compromise with the republicans his bisque position has not changed. >> obama: as i said before, we can't just cut our way to prosperity. if we're serious about reducing the deficit we have to combine spending cuts with revenue that means asking the wealthiest americans to pay a little more in taxes. on tuesday night we found out that the majority of americans agree with my approach. and that includes democrats independents, and a lot of republicans. >> eliot: mr. obama also said that he planned to meet with speaker of the house john boehner and other congressional leaders at the white house next year along with business and labor leaders. the president made it clear that even while talks were under way he wanted the house to move quickly to pass a middle class tax freeze


together, both sides have drawn some lines in the sand when it comes to taxes. house speaker john boehner earlier today said it's possible to get the nation's financial house in order without tax increases. >> i don't want to box myself in, and i don't want to box anybody else in. i think it's important for us to come to an agreement with the president, and by lowering rates and cleaning up the tax code we know that we're going to get more economic growth. >> here's what's at stake if they cannot come to a compromise. the congressional budget office says it would happen. the alternative minimum tax kicks in hiking taxes with more than half of married couples two children by $4,000 a year. it would ray taxes on workers and the trillion dollars in spending cuts that officials say cost jobs and slow economic growth. let me bring in our "news nation" political panel. we have zachary karabell and loy wis romano and david goodfriend. we have it covered. jonathan, i'll start with you. comparing what we heard from speaker boehner this morning and what we heard from the president

in the first block, actually there was hope today. you had house speaker john boehner who actually opened a door that many people thought was shut. >> for the purposes of forging a bipartisan agreement that begins to solve the problem, we're willing to accept new revenue under the right conditions. >> jennifer: what? so does speaker boehner mean what he says? here to answer that question and more, is host of "viewpoint," and former new york governor eliot spitzer. welcome inside "the war room." >> i like being here. >> jennifer: i was just railing about the far-right republicans -- >> i heard you from miles away. >> jennifer: but despite the denial, john boehner gave this statement today to suggest that revenue could be a part of a grand bargain. >> yes, but -- there was classic boehner and cantor. it was quintessential republican double talk. we are now at the moment where you have got to put your cards on the table if you are going to get an agreement. it's now november. >> jennifer: but put their card on the table by saying we would consider revenue -- they said it's


. >> the president has spain to speaker boehner and other leaders about plain going forward. what else do we know? >> reporter: it's significant. president obama called these leaders within the hours of his re-election sending a strong signal that he's serious about bipartisanship and working with the leaders and reaching across the aisle to get a compromise on the fiscal cliff and work through this it. the message he sent to the leaders is we need to work together to resolve this. i would point out that house speaker john boehner in his press conference yesterday echoed the president's sentiments to some extent saying he's willing to work with the president on the issue of taxes. that's the big issue here in washington. so signalling that he would be willing to work with the president. now, will this actually happen? of course, the republican conference is larger than the house, so speaker boehner is saying something in his conference going along with it are two different things. they're in a wait and see mode. we won't see the crisis of debt debate in the summer of 2011. >> i hope you're right.

. john boehner, the speaker of the house, also 25uked about the fiscal cliff and hinted for compromise. you got to listen carefully to see the compromise that could be coming. let's listen. >> it's clear, there are a lot of loopholes in the tax code, both corporate and personal. it's also clear that there are all kinds of deductions, some of which make sense, others don't. everything, everything on the revenue side and the spending side has to be looked at. >> anyway, senator chuck schumer this morning suggested that the right wing might be more willing to accept compromise now. it's been helpful. let's watch. >> boehner wants to compromise, that's why he gave that speech. boehner's not a hard right guy, he's a mainstream conservative. i think he's going to help. the hard right is chastened in a lot of ways. >> in south carolina, a republican, jeff duncan, who quoted him as follows, when i look at the results of the election, congressman duncan says, it becomes clear to me that the house is now the last line of defense for preserving freedom in this country. the people of south carolin

ahead to the fiscal cliff. john boehner has reiterated that the newly elected house republican majority is opposed to raising tax rates. they're willing to accept new revenue under certain conditions. what is your reaction to that? despite the pledge that most of them have signed? >> if we had a recovery the strength of reagan's recovery, there would be 10 million more americans at work today. but we take rate in's path of less spending and regulation, -- reagan's path of less spending and regulation, he has a million more americans at work today than obama does. i would rather have his recovery and all the revenue that flows from that. if you grew 4% a year instead of 2%. the difference between growing from 4% instead of 2% is $5 trillion in additional revenue to the federal government. nobody is talking but raising taxes $5 trillion. why not focus to reduce rates, have lower taxes, it to get more growth. you actually net more additional revenue. >> it seems like john boehner is now willing to get that revenue not just from the economic growth that is not scored by the congressional bu



house, but john boehner even said recently this is going to be long talks. is the first round of negotiations after the election but what is important to keep is mind is that john boehner has already back pedalled from where he was in 2011. he wasn't even willing to entertain the revenues he is willing to entertain in 2011. if you remember in 2011 when things looked like they were getting done the meetings were secret. >> jennifer: so in fact i want you to listen to a sound bite from house speaker john boehner this morning. >> the members of our majority understand how important it is to avert the fiscal cliff, and that's why i outlined a responsible path forward paving the way for entitlement reform as well as tax reform with lower rates. >> jennifer: so -- it's very interesting to watch the dance and knowing that boehner has a tea party wing that he has to placate, and knowing he has moved all over the map people have described him, really as being boxed in. >> he is boxed in, because he doesn't have the votes to pass a tax rate increase and the presi



it is doable. whether that means it's going to get done is another question. and speaker boehner is in a delicate position. he would like to e get something done, but he's got an unruly boisterous caucus to be managing. >> i heard from a senator that he's going to need to bring in eric cantor somehow. he's going to have to enlist him if it's going to get done. we did get the preview yesterday. what's the president's strategy going to be? does he need to set an agenda for how to move forward? >> he's going to speak in generalities. he's not going to lay out a detailed, here's what i want to do five-point plan. i think that's smart. the best approach is to work this through congress with the white house being involved as well. take it as a patient process. >> let me play a little more from chuck schumer talking about john boehner's position. >> boehner wants to compromise. that's why he gave that speech. he's not a hard right guy. he's a mainstream conservative. >> here's a suggestion in his column titled "let's not make a deal." mr. obama should hang tough declaring himself willin


now. >> obama is open to compromise and new ideas and he'll invite john boehner to the white house next week to look for common ground. boehner said higher taxes just for the wealthy are unacceptable. still, republicans and democrats agree on the need to aavoid a so-called fiscal cliff. attention is now focused on whether they can narrow their differences on higher taxes for the rich. >>> top officials from across china are mapping out where the country will go over the next five years. they're taking part in a communist party's congress. much of the process goes on behind closed doors, and that makes the job of journalism that much harder. still the political transition is one of the biggest stories going right now, so despite the reconstructiostrictions no medi wants to miss out. >> reporter: they got up early to get in line outside the great hall of the people. journalists from china and abroad, hundreds of them. they're all jockeying to get a better position for the opening of the communist party's congress. journalists from around the world have converged on beijing underlying




that majority. i was encouraged to hear that speaker boehner agree that tax revenue has to be part of this equation. so i look forward to hearing his ideas when i see him next week. and let me make one final point that every american needs to hear. right now, if congress fails to come to an agreement on an overall deficit reduction package by the end of the year, everybody's taxes will automatically go up on january 1st. >> let's bring in our chief white house correspondent, jessica yellin. let's move the story a little bit. the president is going to on a trip overseas but he's got to get involved deeply in negotiation. his top aides will be meeting with the republicans on the hill. >> in the coming days the president has invited the leaders of the house and the senate, to talk about these negotiations and begin basically laying out where each side stands. right now what we know is that the major sticking point is over this tax rate for the top earners. the president as you just heard saying the tax rates for those making $250,000 and up must increase. house republicans making it c

, we have the president winning re-election. we have john boehner returning to the speakership. harry reid returning. to being the senate majority leader. and while the status quo was the big winner last tuesday, the history books will not remember the names john boehner and harry reid as long as they will remember what this re-election meant for president barack obama. >> that's exactly right. it is a ratification. it is an affirmation historically. you could argue that maybe one of the reasons he's crying is he's going to have to deal with john boehner and harry reid going forward. so there could be a very practical trigger there. but certainly, i mean, what mike and john have said is exactly right. it's an important moment. he's the third democrat, fourth democrat, to do this in a century. woodrow wilson, franklin roosevelt, bill clinton and barack obama. not bad company to be in. >> by the way, i heard you say that on wednesday morning. who was the democrat -- the last democrat before that to do it? >> well -- >> that's a test. >> -- that is a test. >> jackson? >> i guess it would

country. >> i want to follow up that question and ask neera real quick -- john boehner expressed openness to reductions in spending, reforms, but not structural changes, not ending the federal entitlement to medicare or medicaid, as the ryan budget would do. where do you think that goes after the election? >> i think the president really crossed the rubicon there by putting medicare and medicaid on the table. neera mentioned the budget -- hundreds of billions of dollars in cuts. romney tried to put it back in. i thought it was very ironic. social security? no, it has not been on the table. i think he has already done so and i suspect he will continue to. >> one of the interesting things about that -- we will go to the audience in a minute -- think of the context. medicare is one of the policies that transfers resources down the generational ladder. from the retiring baby boom that is 80% white and moving it into an uninsured younger population, it really in many ways -- the federal government has $700 per capita, something like that -- is striking that under such explicit attack, for kind


to tuesday's election results continues in washington. join us. house speaker john boehner will hold a news conference for it later this afternoon, president obama will speak to the nation. we expect him to speak about the upcoming fiscal cliff. that will be live at 1:05 eastern c-span. j kearney has a briefing schedule that is set for 2:00 p.m. eastern. >> if there is a mandate, is a mandate for us to face the challenges we face. in the weeks and months ahead, we faced a series of challenges and great opportunity. >> the american people want us to work together. they want a balanced approach to everything but especially with the huge deficit and taxes. >> the newly elected congress starts work in january. work is expected on the impending fiscal cliff including the expiration of the bush era tax cuts and possible cuts to domestic and military spending. fall all the debates with live house coverage on c-span and the senate on c-span2. there was a conference yesterday. pollsters participated in a town discussion that talked about economic efforts and how this affects lobbying in the lame- du


wants tax cuts for the wealthy to extire. house speaker john boehner drawing this line in the sand. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it can pass the senate. >> white house correspondent brianna keilar is live from washington, d.c. for us this morning. brianna, speaker boehner seemed to be offering the president on olive branch earlier this week when he talked about the possibility of increasing revenue. but here he's taking a hard stance against tax increases. what does that say about the chances of a compromise? >> well, it may actually sound kind of like it's splitting hairs. but it's really two different things where he's talking about increasing tax rates. he says he's not okay with that. but he would be maybe okay, maybe amenable to increasing revenue. to bringing in more tax dollars, because there is a difference. and what he's saying is part of a chorus of conciliatory language that we're hearing from democrats and republicans on the hill. listen to more of what john boehner said in that interview. >> -- talk a

. president obama isad odds with speaker boehner. am they be stuck in the same preelection grid lock. joining us is senior advisor to senator harry reed reed. and spokes man for boehner. welcome and glad to center you on board. start off with the situation with the president speaking out and saying as far as he is concerned wealthy americans will pay higher taxes and that ended with his reelection and he believes that voters validated his effort to make it happen. speaker boehner said raising taxes are unacceptable. >> you are seeing the classic positions and everybody wants to make sure they speak for their constitients. and they want to make they are addressing the concerns. what we will see next week a call for the president for the leadership to go down to the white house. there is not that much time. we have a fiscal looming cliff at the end of the year. hopefully we can get both sides to come to the right. >> it is important for the president to not be intransient. the stock market took a beating. and that should send a strong signal that taking more taxes out of the economy for the ben

the president today actually calling on boehner and harry reid to say we have to come together. we could have seen more of that from the first administrations that he is doing it now. what are the odds they get together? >> everyboby hopes they are high but you want to avoid the high stakes game of chicken and during the lame duck session. that could have been. but his willingness to meet with mitt romney and boehner to resolve the situation. but if you heard voters press conference he sounds like he is the same position under no circumstances will taxes ever be raised. gerr he sad the reelection of the president is not a mandate to ise taxes. this is a huge debate. can hey come together? >> i elieve we can seize the futre together. we're not as divided as our politics suggest as cynical as the pundits believe that greater than the sum and we will remain more than a collection of red states and lose states we are the united states of america. gerri: why didn't we hear this four years ago? >> we did. and eight years ago when a bomb gave the speech to the illinois state senators. and insisting


to call both mr. boehner and the senator republican leader, mitch mcconnell but was told they were asleep. >> wake them up, for goodness sake. >> he is the president. >> wake him up. >> yesterday, yesterday, senate majority leader harry reid struck a tone of cautious optimism. >> it's better to dance than to fight. it's bettor work together. i want to work together but i want everyone to also understand, you can't push us around. >> hours later there was some reason for hope. the word revenue which speaker boehner used 15 times in a 12-minute press conference and not always in a completely negative context. >> the news via tax reform. we're willing to accept new revenue under the right conditions. republicans have signaled a willingness to accept new revenue. if it comes from growth and reform. >> has boehner opened the door to compromise and extended an actual olive branch. he alluded to the grand bargain that slipped away a year ago. >> closer to the critical mass needed legislatively to get tax reform done. the president and i talked about it extensively during the summer of 2011. it w



speaker john boehner said yesterday that republicans are willing to consider raising >> this is "bbc world news." funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers use their expertise in global finance to guide you through the business strategies and opportunities of international commerce. offering specialized solutions in capital to help you meet your growth objectives. we offered tailored solutions for small businesses and big corporations. what can we do fou

. i think you heard john boehner say that. we've had votes in the senate where we've gotten rid of tax credits. i think that's a given. >> we need the republicans to do in 2012 what we did in 2010. we hear the mandate continue to cut spending, but they have to hear the than date real revenues not like dynamic scoring. >> and here's what happens if no agreement is reached before january 1st.bush tax rates expire. emergency unemployment benefits will end. the 2011 payroll tax holiday expires. and $984 billion in cuts will be triggered. joining me now, andy sullivan and sher a tupletts. what do you expect to come out of the meeting friday and will any real progress made? >> oh, no, but i think the optics will be important. there will beside by side getting their picture taken and i think this will reassure voters and most importantly investors that they are serious about the problem and they want t to get something done before the end of the year. they've pretty much gotten a free ride from the markets. everybody knew this was coming up, but interest rates have remained low and the stock







, will they come to terms of a deal? >>guest: speaker boehner struck a conciliatory note but what he meant is what mitt romney was talking about lowering tax rates and eliminating tax loopholes what erskine bowles supported in the "washington post" yesterday, a democrat. and you have senator schumer who noted the conciliatory tone of speaker boehner and he said it was a nonstarter because he will raise taxes on those that make over $250,000. >>neil: say he intends to do that and i am trying to save the nation beside read a prompter but i was trying to find a middle ground. if the middle ground is republicans getting over the issue of closing loopholes and getting rid of critics be like raising taxes and democrat could get over slowing the growth of entitlements is not like growing granny off the cliff they would be able to reach a deal to extend everything for six months or a year and get in the real work of making a simpler tax code or simpler budget process. what do you think of that? >> speaker boehner wants to do a small deal and have an extension doing what you suggest, a reform of a tax code


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