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Taxes / Obama Plan / Norquist, Durbin Interviews / "Fiscal Cliff" #1034449

CNN Evening News for Tuesday, Nov 27, 2012
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(Studio: Wolf Blitzer) The White House announcement that President Obama will campaign for a new tax plan and the response from Republicans noted. Live interview held with Americans for Tax Reform president Grover Norquist about taxes and politics. [NORQUIST - points out no one has pulled the trigger on taxes; comments on Representative Peter King's statement on taxes: that raising taxes damages the economy; states the challenge is for Republicans to maintain the tax pledge; feels capping deductions and eliminating credits just guts tax reform.]

(Studio: Wolf Blitzer) Live interview held with Senator Dick Durbin about taxes, politics, Republicans and Norquist. [DURBIN - outlines Obama's goal for revenue and allowing the tax rate to go up along with looking at entitlements due to Medicare funding; agrees Social Security needs reform and Medicaid remains important; hopes for a bipartisanship commitment.]

Reporter(s):
Blitzer, Wolf
Duration:
00:10:20

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