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Economy and Politics: Taxes / Cole, Paul Interviews #1034391

CNN Evening News for Wednesday, Nov 28, 2012
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(Studio: Wolf Blitzer) The issue of taxes, politics and the "fiscal cliff" introduced. [Conservative Representative Tom COLE - comments on tax increases.] "Wall Street Journal" quoted on taxes on upper income earners. [Speaker of the House John BOEHNER - disagrees with Cole.] [Senator Mitch McCONNELL, Representative Paul RYAN, BOEHNER - question there is a mandate.]

(Studio: Wolf Blitzer) Live interview held with Cole about taxes. [COLE - suggests tax rates for those under 250,000 be continued, that all taxes are bad and President Obama needs to support entitlement reform; comments on negotiating a deal with the president, but protect 98 percent of the people; reacts to the Grover Norquist tax pledge; states his views on taxes were leaked, but it is his opinion.]

(Studio: Wolf Blitzer) Live interview held with Conservative Senator Rand Paul about debt. [PAUL - suggests a compromise by cutting military spending, that raising tax rates lowers revenue; comments on Cole's tax views and opposes raising taxes on the richest to leave the money in the private sector.]

Blitzer, Wolf

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