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be reluctant to compromise for now. >> reporter: the voters have spoken and house speaker john boehner says he has gotten the message. >> because the american people expect us to find common ground, we're willing to accept some additional revenues via tax reform. there's a model for tax reform that supports economic growth. >> reporter: does that mean house republicans are now willing to accept higher taxes on those making more than $250,000? not exactly. boehner says he will only raise more money from taxes under what he called the right conditions. >> does the increased revenue come from government taking a larger share of what the american people earn through higher tax rates? or does it come as a bi-product of growing our economy, energized by a simpler cleaner fairer tax code with fewer loopholes and lower rates for all. >> reporter: democratic senate leader harry reid also says he wants a quick fix for the fiscal cliff. but, he was clearly feeling empowered by a strong showing in the election. >> i want to work together, but i want everyone to understand you can't push us around. >> repo

a fear of possible economic collapse is a recurring theme. speaker of the house john boehner seem interested in a compromise with democrats that could keep the country from plunging off the so-called fiscal cliff. while florida is still official officially too close to call even without its 29 collect 29 electoral college votes mr. obama won with a hefty 303 electoral votes but a mere 53% of the popular votes begging the question, was it a mandate or a draw. the president promised to reach out to leaders of both parties. speaker boehner appeared to be ready to take him up on his offer with hundreds of billions in tax hikes that could tank the economy, boehner staked out this position on behalf of his caucus. >> for the purposes of bipartisan agreement that begins to solve the problem we're willing to accept new revenue under the right conditions. what matters is where the increase revenue comes from and what type of reform comes with it. >> eliot: a few hours earlier harry reid also called for compromise. >> it's better to dance than to fight. it's better to work together. everyth

, thank you so much. great to have you here. >> thank you. >>> elsewhere in republican land, john boehner was polishing his tough guy act today. what everybody else threatening economic disaster, he's now calling leverage. that moment in heroism is next. y with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ grunting ] for a professional cleansing device? join the counter revolution and switch to olay pro-x. get cleansing results as effective as a $200 system. guaranteed or your money back. olay pro



issue moving forward and there is a showdown in store. while john boehner has offered up a bit of a compromise he and harry reid have different ideas. >> people making all this money have to contribute a little bit more. >> the congressional budget office are analyzing person provisions of the fiscal cliff. it finds letting these bush tax cuts expire is the least harmful way to improve the economy. but the gop would rather see lower rates and eliminating loopholes. yesterday senator chuck smumer called it a rumpled stillskin fantasy. earlier this week the president gave a very heart-felt speech to his staff and even teared up a bit. >> you guys -- [ inaudible ]. and i'm really proud of that. i'm really proud of all of you. >> more bill is up after the break. stay with us. how are you ever going to solve the problem if you don't look at all of the pieces? >>tv and radio talk show host stephanie miller rounds out current's morning news block. >>you're welcome current tv audience for the visual candy. >>sharp tongue, quick whit and above all, politically direct. >>you



reid and move on to john boehner. [video clip] >> they are tired of partisan gridlock. i have one goal, to be obama. obama was reelected overwhelmingly. republicans want us to work together. democrats want us to work together. they want to reach a balanced approach to everything, but especially the situation we have with the huge deficit. taxes are a part of that. >> the american people have spoken. they have reelected president obama, and every elected a republican majority. if there was a mandate, it is a mandate for us to find a way to work together on the solutions to the challenges we all face as a nation. my message today is not one of confrontation, but one of conviction. mr. president, this is your moment. we are ready to be led. not as democrats or republicans, but as americans. we want you to lead as president of the united states of america. we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's do the right thing together for our country. host: ron, you are up first. what was the message to washington? caller: i really think co

house, but john boehner even said recently this is going to be long talks. is the first round of negotiations after the election but what is important to keep is mind is that john boehner has already back pedalled from where he was in 2011. he wasn't even willing to entertain the revenues he is willing to entertain in 2011. if you remember in 2011 when things looked like they were getting done the meetings were secret. >> jennifer: so in fact i want you to listen to a sound bite from house speaker john boehner this morning. >> the members of our majority understand how important it is to avert the fiscal cliff, and that's why i outlined a responsible path forward paving the way for entitlement reform as well as tax reform with lower rates. >> jennifer: so -- it's very interesting to watch the dance and knowing that boehner has a tea party wing that he has to placate, and knowing he has moved all over the map people have described him, really as being boxed in. >> he is boxed in, because he doesn't have the votes to pass a tax rate increase and the presi

john boehner's head on the chart, that word was optimistic about congress coming together on a budget deal and the buyers poured in. president obama took the mic about 19 minutes later the market hesitating at that point, the president said he wanted to get things done by christmas. and then the federal reserve look, it did not dim the hopes of the bulls. they talk about the economy standing at a measured pace with moderate consumer spending. optimistic and moderate to words they relate. the true standout today. costco with the one-time dividend taking the stock to new highs today. this has been a really beaten-down name up sharply, and coach is looking pretty fashionable as well. look at gold colored one point it was down $35, it is losing some of the shine, oil taking a hit down to a one-week low, budget concerns on crude, and we will see right now what is going on with gold. let's see what they make of the midday reversal. closing higher, just one big year. this unique group and the nymex, this is pretty significant, isn't it? the politicians would open their mouth and the market r



to throw a monkey wrench into it? of course, john boehner. >> earlier in our conference meeting that i disagreed with him. he's a wonderful friend of mine and a great supporter of mine. the goal here is to grow the economy and control spending. you're not going to grow the committee if you raise tax rates on the top two rates. it will hurt small businesses. it will hurt our economy. that's why this is not the right approach. >> cenk: why do i always think that guy is drinking? anyway he's not budget budging we're not going to raise the tax rates. the same 'ol game he has been playing, so it will be interesting to see how that plays out. but we have a lot of budgeting. stephanie cutter went on msnbc. look at what she says. >> we have to look at everything that someone on the table. the mandate the president has his mandate is to protect the middle class and help people enter and stay in the middle class? how do we do that? we have to make sure that medicare is there for the future and medicaid is strong and efficient. >> but he's going to be open to changes to all this stuff? >> he has


speaker john boehner said yesterday that republicans are willing to consider raising >> this is "bbc world news." funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers use their expertise in global finance to guide you through the business strategies and opportunities of international commerce. offering specialized solutions in capital to help you meet your growth objectives. we offered tailored solutions for small businesses and big corporations. what can we do fou


crisis but john boehner came out saying that the white house has not come up with a strategy critical to votes. >> i am disappointed where we are and what has happened over the last couple weeks. but going over the fiscal cliff is serious business. >> reporter: any real deal-making is the stuff of quiet conversations and meetings. rob neighbors used the language of high-stakes diplomacy to respond to john boehner's complaint >> i thought the conversation was very direct. and as always, i appreciate directness. >> reporter: while the senate majority leader, harry reid, was very blunt about being pessimistic. >> i don't understand his brain, you should ask him. >> reporter: visiting their nation's capitol today, mixed expectations from tourists from georgia and texas >> i hope they get it, more than i did before the election. >> of course i'm nervous, you never know what politicians are going to do. >> reporter: democrats, still lifted by their election success, argued that voters chose higher tax rates for wealthy americans as part of any plan to cut the deficit. and say republicans wi

, americans. welcome to "the ed show" from new york. john boehner wants cost cutting details from the president? tonight, details on the speaker's shell game. this is "the ed show." let's get to work. >> the white house, this is not a game. i'm disappointed in what's happened. >> the speaker of the house is disappointed. he's also deceptive and dishonest. >> democrats have yet to get serious about real spending cuts. >> tonight, richard wolffe on today's nonsense from republicans and where a deal on the fiscal cliff stands. and former health insurance executive wendell potter on what obama's proposed $340 billion in medicare cuts will mean for seniors. >>> vice president joe biden stumps for the middle class at a retail store that treats its workers right. i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy




but hanging their heads behind closed doors. john boehner struck a defiant tone during a news conference today. he blamed the president and democrats for stalling negotiations on a debt deal. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> tough talk. it's also completely divorced from reality. right before the news conference, boehner met with treasury secretary tim geithner who offered republicans a detailed plan to avoid the fiscal cliff. it included $1.6 trillion in new revenue from tax hikes on the rich. the white house is giving $400 billion in savings from medicare and entitlements. there's also a request for at least $50 billion in infrastructure spending, mortgage relief, and other stimulus measures. none of this is a surprise to the republicans. this is what president obama campaigned on. it's also what republicans have been presented behind closed doors for weeks. "pol




. what struck me yesterday with john boehner he was saying as we approach the fiscal cliff, boehner was saying yesterday that the bottom line for republicans after this election is the same as it's been for 22 years. that is, that any kind of income tax hike, especially for the wealthy, is off the table for them. do you have a sense of what the white house is thinking is on the table? we approach january 1st. is it that they are really eager mainly to strike a grand bargain they can sell as a major bipartisan achievement? is the idea of fighting past january 1st if necessary to get rid of the bush tax cuts for the wealthy americans more of a priority for them? >> no. i think they want a deal if they can get it. you're right to listen closely to john boehner, because what he had is he'll accept some revenues in the context of tax reform, a big, wonderful, fuzzy nebulous idea. what he won't expect initially is a change in the rates. of course, that's what it's about. it's about the rates for the highest income earners. and that's where john boehner is refusing to start out in the nego

in the first block, actually there was hope today. you had house speaker john boehner who actually opened a door that many people thought was shut. >> for the purposes of forging a bipartisan agreement that begins to solve the problem, we're willing to accept new revenue under the right conditions. >> jennifer: what? so does speaker boehner mean what he says? here to answer that question and more, is host of "viewpoint," and former new york governor eliot spitzer. welcome inside "the war room." >> i like being here. >> jennifer: i was just railing about the far-right republicans -- >> i heard you from miles away. >> jennifer: but despite the denial, john boehner gave this statement today to suggest that revenue could be a part of a grand bargain. >> yes, but -- there was classic boehner and cantor. it was quintessential republican double talk. we are now at the moment where you have got to put your cards on the table if you are going to get an agreement. it's now november. >> jennifer: but put their card on the table by saying we would consider revenue -- they said it's

, this is not going to be paul ryan as the chief negotiator of this deal. it's still going to be john boehner, john boehner's people, they are battle tested when it comes to these deficit deals and having paul ryan in the room is simply a way for john boehner to try to avoid and watch out -- avoid any consternation within his conference and watch out for his flank which as we know from 2011 he's had a mighty difficult time getting things through his group of fellow republicans who are not too keen on any compromise, be much less one in this case that could increase tax rates. >> it seems to be the congressional iteration of keep your friends close, your enemies even closer. i will say, given that sh, what eric cantor? i keep expecting him to pop up with his little glasses and we see nothing. >> eric cantor has done a turnaround from 2011 in the summer when a lot of folks said he was the reason why a deficit deal was not able to be accomplished. from conversations i've had, eric cantor is very much now a team player. creeding to john boehner's authority, let be john boehner negotiate this deal. all



mandate mandate. that's what i tell to the republicans. john boehner came in today. >> involves making real changes to the financial structure of the entitlement programs and close loopholes and deductions working together to create a fair simpler cleaner tax code we can give our country a stronger healthier economy. a stronger economy means more revenue which is what the president seeks. because the american people expect us to find common ground we're willing to accept some additional revenues via tax reform. >> cenk: now that sounds good, right? additional revenues, it sounds like--no no, no. in other words what he's saying i might close some of the loopholes and then i'll put loopholes within the loopholes but i won't touch tax rates. if i was president obama john i got news for you. we won you lost. you want to do it again? you wanting to through this two years from now? have at it, hoss, go for it. no no, i said we would be getting rid of the bush tax cuts for the rich. i did not stutter. i got elected. i got 320 electoral votes that i'll ram down your throat. no we're going to r


naked in john boehner's office, three were arrested. all the girls. john stanton said there are actually people who woke up today and said today, i'm going to get buck naked in front of john boehner's staff and so it is. getting naked is a tactic. a protest tactic and judging by the wide eyed tweets as it happened, today, nudity worked. see you again tomorrow night. now, it's time for "the last word" with lawrence o'donnell. >>> when kelly corey won the oscar for her first screen play 20 years ago, she had no idea that the heroes of her film, thelma and louise were going to become political role models. >> white house is continue to warn of dire consequences for the middle class. >> on friday, he'll return to the stumps. >> he's back on the campaign trail. >> the campaign style tour. >> trying to drum up public support for his budget priorities. >> seems like just another fight in washington. >> there are really two issues there. >> a revenue side, yes. >> where is that revenue going to come from? >> increasing tax rates is going to harm dmik growth. >> warren buffett was out this mornin

control of congress. john boehner said americans are looking for political leaders to find common ground. tara mergener has more. >> reporter: at $82 million, it was the most expensive congressional race and a must win for democrats trying to keep control of the senate. cbs news projects tim kaine wins the virginia senate race. >> our victory tonight proves that it's the number of people who stand with you, not the number of zeros behind the check. >> reporter: cbs news projects former obama administration official elizabeth warren defeated scott brown. more than $72 million were spent on the race for the massachusetts senate seat. the democrats picked up a seat with the win. >> this victory belongs to you. >> reporter: cbs news projects democrats will retain a majority in the senate and the house will stay in republican control. so capitol hill could be on track for more gridlock. in wisconsin, democrat tammy baldwin became the first openly gay person to win a u.s. senate seat by defeating tommy thompson. republicans were supposed to gain a senate seat in missouri. cbs news projects cla


to visit the websites for john boehner or michele bachmann after the president's call to action, you just got a server to busy message. >>> last year, in the fall, the president went and did it again. the president went on a multi-state barn storming campaign style tour to push for the passage of his jobs bill. again, he asked the american people to get involved in that fight directly. he asked the american people to talk to congress. >>> i want you to call. i want you to e-mail. i want you to tweet. i want you to fax. i want you to visit. i want you to facebook, send a carrier pigeon. >> then, he did it again at the very end of last year, when the payroll tax cut was about to expire and the president was trying to get republicans to agree to extend it, the president again asked the american people, specifically, to sweet about what that tax rate meant to them. he asked them specifically to use the hash tag $40. >> we asked folks to tell us what would it be like to lose $40 out of your paycheck every week. i have to tell you that the response has been overwhelming. we haven't seen anythin




and speaker john boehner drawing different lines in the sand. will they break the stalemate? and if they don't -- that's coming up. >> greta: late today, david petraeus abruptly resigning after admitting to an extra-marital affair with his biographer. that's bad. but it gets worse. the resignation just days before general petraeus was set to testify at congressional hearings. coincidence? >> good evening, how are you? >> greta: i'm very well. congress pan, the affair, i mean, for the most part, i am trying to separate this out. it is a matter for general petraeus and his wife. but there is -- there is some parts of it that do have an implication. one is whether or not it's a security breach and that it should have been picked up and turned over to the house intel commits and whether or not that could be used as blackmail against him. your thought, sir? >> well, even someone as lowly as an assistant u.s. attorney has to undergo a background check with very invasive questions and you are expected to tell the truth and you are asked under penalty of perjury. so you can increase that expoinentia

'am. >> greta: straight ahead, president obama versus the speaker of the house, john boehner, digging in their heels on avoiding the fiscal cliff. time is running out. the latest is next. another bush family member is getting ready to run for political office. which one is it? start guessing. that's coming up. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> well, it didn't take long, talk of compromise, post postelection, turning into stalemate. john boehner and barack obama not budging as we rapidly approach the fiscal cliff. >> 2013 should be the year we begin to solve our debt through tax reform and entitlement reform. i a

gerri: what's going to happen to fiscal talks after john boehner says obamacare needs to be part of the discussion, and don't important thing to bring with you when you shop this season, and, no, it's not your credit card. och unionmuscling their way in. rich edson on unions trying to block spending cuts and the fial cliff deal while making sure the rich pay more. jeff flock with union back protests at wal-mart stores and diana on the dirty little secret those unions are not changing wal-mart workers. first to rich and some in washington, d.c.. how unions trying to persuade democrats to avoid spending cuts? >> with a significant lobbying effort on capitol hill and a new advertising campaign targeted at democratic and republican lawmakers in pennsylvania, virginia and missouri. the basic message is don't touch entitlements in the fiscal cliff tops we're having on capitol hill. honesty and one of the union says elected officials from both parties need to listen to the will of the voters and focus on rebuilding the middle class and strengthening our economy by investing in jobs, no

armageddon. i guess first signal came for john boehner who was open to revenues, b that, taxes, let the kabuki theater begin. >> it did. you know hours after president obama secured reelect, top congressional democrat, harry reid reaffirmed democrat tax agenda, those makg more should pay more. >> people who make more than a million dolrs a year, the vast majority of them are happy to pay that. only place that people disagree are republican in congress. >> repter: he and democrats, namely the president, want a tax increase on families earning more than $250,000 a year, reed hemmed a series of votes this year on only income of more than a million dollars. meanwhile, house speaker john boehner unprompted said that republicans are willing to spam examine more tax revenue. >> for the purposes of forging a bipartisan agreement that begins to solve the problem, we're willing to accept new revenue under the right conditions, what matters is where the increased revenue comes from and what type of reform comes witht. >> reporter: those conditions broad-based individual tax reform, republican

speaker john boehner on this? as you remember during the 2011 negotiations, they tried to get a grand bargain. a $4 trillion deficit reduction that would have included cuts to medicare and medicaid, but also some tax increases. ultimately that deal fell apart. there are some democrats that would like to see the president try to go big again in this second term. now the white house pardoned by some of the comments that john boehner made by saying that he's willing to come to the table to talk to the president about that. as you pointed out, he said that does not include tax increases for the wealthy. but i have been talking to some of my republican sources on the hill who say the speaker's language is important. it suggests a potential willingness to work with the president on the issue of taxes, which is of course the big sticking point. what does that mean? we don't know. it could mean eliminating deductions for big corporations for the wealthiest americans. those are the details that will have to be hammered out. but that report by the congressional budget office, which essentially

of the woods with gridlock, i don't know where we can go. >> it's interesting. i think john boehner in that speech he made just a few minutes ago basically opened the door for higher taxes. this is part of the reason the mark sold off today. now we know the republicans are going to have to swallow it. they have been adamant about no new taxes, but this is where we are going. david, you say don't make any portfolio changes in light of the obama victory. what moves are you making today? no radical changes? >> we wouldn't be changing too much. the stocks that sold off today were some that were under the greatest pressure during the first administration. there's really no change. we don't think the market expected romney to win the election. this is business as usual. the market is now focusing on the fiscal cliff. the consequences of not figuring something out are so dire that the government, in spite of themselves, is going to figure something out. we think in terms of taxes, don't think anything draconian is going to happen. we think capital gains and dividend tax might go up to 20%,



are cutting spending. they will not vote. john boehner said we cannot do that anymore. >> the leadership does not feel like they are in a position to leave on matters of the debt ceiling or anything else. >> this whole book has been devoted to the debt ceiling. from my standpoint, all the wind and sales, at the bottom is the speaker john boehner never had the vote anyway. whatever deal he would have struck with the obama administration would almost certainly have failed. he would have relied so heavily on democratic votes to do so that he ran the risk of an insurrection. there was a meeting during the whole showdown over the debt ceiling in which some of john boehner's closest allies met in said if you come back with a deal that he fashioned with obama at that is i get more than 100 votes or so, they've started to whisper a campaign against you. we saw and had been with speaker gingrich. it can happen to you. john boehner walked away from a deal. >> i want to come with the interplay. i have to ask this. i think he knows that the president was initially off the record. he was seeking one of th

want to bring in chris van holen. everybody's parsing his wards. what did you hear from john boehner? he said he's willing to budge on revenue, not hike taxes, but is that enough. what are republicans willing to give here. >> the jury is still out. speaker boehner should put his r revenue plan on the table. i mean based on this republican theory that's been proven wrong by history that somehow by giving folks at the top of the income ladder a tax break, you'll create all this economic activity and it will pay for itself and not increase the deficit. we know that failed because what happened after we tried that last time was jobs went down and the deficit went up. so i think the speaker shoumd do what he says that he wants to do. put this out in public. the president has put his plan in public. it was a central part of the debate. saying that folks at the higher end should pay more to reduce our deficit because if we don't ask them to chip in more, it means everybody else gets hit harder. >> you heard what he said. we're not going to raise taxes on small business. and for republicans,

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