"I am not wedded to every detail of my plan. I am open to compromise," Obama said. But, in a hint of the strife to come, he said that he still wanted to raise tax rises for the wealthiest American – a policy most Republicans in Congress vehemently oppose.On the Sunday talkers, Republicans and Democrats said a deal is possible.
"We can't just cut our way to prosperity," the president said. "If we are serious about reducing the deficit, we have to combine spending cuts with revenue and that means asking the wealthiest Americans to pay a little more in taxes."
Republican Sen. Bob Corker suggested that getting more revenue from the country’s highest-earners should be part of the mix, but only by closing loopholes, not increasing taxes, and only if Democrats agree to cut federal spending.Even David Axelrod, Obama's re-election campaign adviser, said,
"I am optimistic," Corker said on "Fox News Sunday." "I think there is the basis for the deal.”
Sen. Chuck Schumer, D-N.Y., said Sunday he agrees with House Republicans who steadfastly say more cuts to federal spending are needed. However, he disagreed with the idea that tax cuts result in deficit reductions and increased government revenue.
he was encouraged by House Speaker John Boehner signaling willingness last week to close the loopholes to help cut the deficit. “I think there are a lot of ways to skin this cat, so long as everybody comes with a positive, constructive attitude toward the task,” he said on CBS' "Face the Nation."
Today, Jay Carney, Obama's appointed spokeshole, clarified Obama's message aboard Air Force One,
that Obama “will not sign under any circumstances an extension of tax cuts for the top 2 percent of American earners. ... It is simply unacceptable to go back to policies that failed that stuck the middle class with the bill in order to give very expensive tax cuts to the wealthiest. … We can’t afford it.”That is an Obama compromise: do it my way or no deal.