Says President is playing to his base and "may want to go off the cliff"
Louisiana Congressman Bill Cassidy says Republican House Speaker John Boehner has proposed a fiscal cliff aversion plan that has bi-partisan support and should be accepted by President Obama.
Cassidy says the president "is not being serious about it," finding a way to avoid tax increases and huge spending cuts scheduled to take effect January 1.
"The President, three weeks after the election, is still playing to his base; if he wants to do that he may want to go off the cliff."
Cassidy says Boehner has proposed a solution that has the support of both the Congressional Budget Office and the President's own bi-partisan debt commission.
The president has proposed $1.6 trillion in higher taxes over a decade and heightened presidential power to raise the nation's debt limit. He has also proposed $600 million in spending cuts, including some to the medicare program. He also wants $200 billion in new spending to support economic recovery.
Cassidy tells Denny Schaffer the GOP needs to do a better job of presenting its proposals.
"It's up to Republicans to say, wait a second, the Congressional Budget Office agrees with us, the Erskine Bowles bi-partisan debt commission agrees with us, we're coming from where they are."
Cassidy says he would support the elimination of some tax deductions for high income earners but not any increase in tax rates.