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(Studio: Anderson Cooper) Breaking news on President Obama's deal with Republicans to extend the Bush-era tax cut and unemployment benefits introduced. [OBAMA - talks about compromise instead of political warfare in this devastating recession.] Obama's campaign promises he is now abandoning and thus alienating liberal Democrats noted. [In 2008, several times, OBAMA - calls for letting tax cuts for the wealthy expire.] [On CNN, Senator Sherrod BROWN - criticizes Obama for catering to the wealthy while we should fight for the middle class tax break.] [On CNN, Representative Anthony WEINER - asks where was Obama's fight.] [In speech, OBAMA - says we cannot play politics so he will engage the Congress and the media in this debate.] A statement from Michael Steel, spokesman for Representative John Boehner, quoted.
(Studio: Anderson Cooper) Live discussion held with former McCain adviser Nicole Wallace, Republican strategist Ed Rollins, CNN's Ed Henry and Roland Martin about the politics of the deal on taxes. [HENRY - says the liberals are upset with Obama giving up what he campaigned for and why he did not make his case to the public, but the reality is he does not have the votes; mentions the agenda: START and don't ask, don't tell.] [MARTIN - says the Republicans whipped up on Democrats today; asks about deficits and this tax break.] [WALLACE - says the politics on this are not so bad for Obama: he kept his pledge to compromise; defends the Republicans' philosophical debate.] [ROLLINS - says this will get the economy moving again and has to deal with the leadership of the Republican Party; states there has been spending and it is all about the banking system and getting confidence back in the business community.]
- Cooper, Anderson
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