Saturday, December 1, 2012

Video: Gregory: Lots of ?huffing and puffing? on fiscal cliff



>> david gregory is, of course, moderator of "meet the press."

>> willie, good morning.

>> if you're looking for reason that a deal would get done. yesterday was not your day. by most accounts treasury secretary tim geithner laughed off capitol hill by senator minority leader mitch mcconnell and john boehner saying the white house offer is not serious. is this a breakdown in the negotiation or the first step in what will be a month of negotiation?

>> i think the worst thing to watch on capitol hill is the actual progress of these negotiations because there's going to be a lot of huffing and puffing on both sides, a lot of political posturing, the white house certainly feels that the president is in a very strong position to play the high card in terms of tax increases. that's what he wants. that's what the american people said they wanted. you look at the exit polls . the president feels that confidence. on the other side republicans feel like they have enough room here to still push very hard against tax increases being too large, but we're still a long ways away from what would be a final deal, and the brinksmanship on both sides is both dangerous but also necessary as both sides try to get these numbers a little closer to what their folks will accept.

>> david, meanwhile, while all this is going on yesterday, the president is hosting mitt romney for lunch at the white house , the first time the two have seen each other since the last presidential debate. can you give us any insight beyond the fact we know now they had turkey chili for lunch, what actually went on in the room?

>> i was up here in boston and spoke to some romney advisers who did describe it as a good meeting, an important meeting for both sides to do. this is an awkward looking photo. still very tough. the feelings, if you're on the romney side from this pain, are still pretty raw. one of the things i was told that romney made clear is that he doesn't want to play any part in the fiscal cliff negotiations. there was some talk immediately afterwards, some of his discussions or some of his ideas on deductions, eliminating some of those tax deductions could be helpful, but romney made it clear he doesn't want to play a role in those talks.

>> david, who will you be with this weekend on "meet the press?"

>> we'll be talking to treasury secretary tim geithner about where the discussions are, where the pain point is for democrats in terms of where they are willing to make cuts. that's an important question for republicans as the discussions go forward.

>> one of the men in the center of all of this. david gregory , thanks very

Source: http://video.today.msnbc.msn.com/today/50023799/

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