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Gibbs: Middle-class tax cuts key

Tuesday, September 21, 2010 - 06:01

Sept 21 - White House Press Secretary Robert Gibbs says regardless of the outcome of the midterm elections, Democrats and Republicans must work together to overcome a spectrum of problems facing the U.S.

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certainly be important. We've got. We've got to work through together a bipartisan basis Afghanistan. And -- we're gonna have to take steps together to improve our economy and to ensure that the recovery that we've I mean you mentioned fiscal out our outlook and -- without pre judging with a deficit commission is gonna say that does seem to be the consensus emerging perhaps that. You know and long term agreement on one thing -- that is preserving and making permanent the middle class tax cut so. I actually think we've we've got to deal if if Republicans will take it. Let's take the middle class portion of these tax cuts and tell middle class families in this country. That your tax burden is not gonna change we're not gonna raise taxes right now on middle class families . Let's put aside this notion of whether or not we're gonna borrowed similar billion dollars for tax cuts mostly for millionaires and the midterm elections six weeks away post continue to appoint a Republican gangs in the house and the senate. The White House is under increasing pressure is convince voters he's doing everything it pad to boost the ailing US economy. And I'm very much in the thick of that has to joins us now the Reuters Washington summit white house press sectional games against thanks very much for joining us thanks for. And what you think we gonna see in the second half of the president's. Administration. We gonna see a different President Obama given. What the polls are showing given given what he's done that we can see a different approach to things. Well look we've got six more important weeks ago before Americans make a choice in this election I think. They'll have a pretty clear choice and look I think regardless of the outcome of the elections there are still some very big problems that Washington is gonna have to. Worked together to solve. And medium and long term fiscal picture. Education reauthorization will certainly be important. We've got. We've got to work through together a bipartisan basis Afghanistan. And -- we're gonna have to take steps together to improve our economy and to ensure that the recovery that we've seen continues and so regardless of what the outcome is Democrats and Republicans are gonna have to work together to solve these problems. The president had us. Been ready to work with Republicans since the first day I got here and hopefully you'll get a chance to do that. I mean you mentioned fiscal out our outlook and -- without pre judging with a deficit commission is gonna say that does seem to be the consensus emerging perhaps that. You know and long term adjustment in the fiscal picture has to weigh more on spending. -- spending has to take a larger share of the vote -- person taxes is that it is out of a judgment yeah well look -- I would say first and foremost the best thing we can do to improve the deficit picture. Right now is to get this economy moving again and we had to take some extraordinary steps. Through the recovery act to get the economy churning again and to have positive growth. I think that the death the commission certainly was charged with I think we'll take you look at every aspect of our federal budget to ensure. That we are not wasting money. That their fiscal policies are sane and sound. And I have no doubt will come back with a host of recommendations on both sides. -- the what the big issues overseas tax cut issue do you see any Johnson would deal a compromise. On map for the elections well. Look I think there is agreement on one thing -- that is preserving and making permanent the middle class tax cut so. I actually think we've we've got to deal if if Republicans will take it. Let's take the middle class portion of these tax cuts and tell middle class families in this country. That your tax burden is not gonna change we're not gonna raise taxes right now on middle class families . Let's put aside this notion of whether or not we're gonna borrowed similar billion dollars for tax cuts mostly for millionaires and billionaires. We can put that off to -- we've got some time to debate that question and and we can have a pretty robust debate. But. Holy Washington could could two sides agree on part of something. And we be looking for something else to make that agreement -- but if that's the case why do you think the Democrats -- haven't actually put that bill now in front of both houses that he got in the middle class tax well -- Yeah. I. Think you look those those discussions are certainly I'm going I think we. We agree on keeping the middle class tax cuts that Republicans wanna bar seven billion dollars for the tax cuts for the -- and but. The president believes we simply can't afford to borrow that money. We shouldn't hold the middle class part of this hostage. While Republicans wait for borrowing 700 billion dollars it was a few Democrats in the house to do most and that's about right. -- I will say I think they're very few people that think it makes a lot of either lot of economic sense to borrow another 700 billion dollars. For those different tax cuts he you if you make a million dollars a year you your consumer demand is just fine you're not waiting for the tax cut. To buy the next. Car big screen TV you can do that right now. Just final full on by -- you haven't seen a lot of bipartisan cooperation mean. And we really see in the second half of the Obama administration do you think there is real prospect. For -- news bipartisan. Sort of era if you you know look this president hands has been ready and willing to work with. With with -- anybody that serious in dealing with the problems this president isn't. Isn't in the playing games and isn't in the gridlock. We've got problems that we haven't dealt with for a long time that have to be deal. Regardless of what happens in November this president stands ready to work -- Democrats and in his own party on Capitol Hill and Republicans. On addressing those problems but bipartisanship. We've we learned. The hard way in 2009 is a two way street just because the president goes to Capitol Hill and reaches out wants to work with Republicans. Doesn't mean Republicans are gonna be willing to do that and so we'll we'll we'll see what the answer to it to that is after the thanks very much for joining us today thanks very. White house press secretary Robert Gates joining us there -- which is Washington summit. I'm -- that again and this is it.

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Gibbs: Middle-class tax cuts key

Tuesday, September 21, 2010 - 06:01