Advertisement
Send tips to video@realclearpolitics.com

Real Clear Politics Video

The Latest Politics, News & Election Videos

Rove, Carville Debate Fiscal Cliff

Democratic strategist James Carville and Republican strategist Karl Rove discuss the fiscal cliff at the Global Financial Leadership Conference presented by the Chicago Mercantile Exchange Group.

"My hope is they'll take some things and make it status quo for 6 month, 9 months," Rove said. "The big issue is spending and taxes, and what's the balance between revenue and spending... You can't ask Republicans: 'Violate your code and raise taxes, and go back to the rates of the Clinton years' without moving your position at all."

"Some tax expenditures should be cut back and reformed. But when the substantive effects and political realities of large-scale reductions are examined, it becomes clear that there would not be sufficient savings to reduce tax rates and also cut the deficit," Carville argued.

For more from the conference, visit Open Markets.

In The News

Most Watched

Video Archives - October 2013

SMTWTFS
12345
6789101112
13141516171819
20212223242526
2728293031