(CNN) - President Barack Obama said in an interview aired Sunday that he would be willing to compromise on a budget deal, but he stood firm on his proposal to raise taxes on households making more than $250,000 per year.
"I'm, you know, more than happy to work with the Republicans," Obama said on CBS's "Face the Nation." "And what I've said is in reducing our deficits, we can make sure that we cut two and a half dollars for every dollar of increased revenue."
– Follow the Ticker on Twitter: @PoliticalTicker
– Check out the CNN Electoral Map and Calculator and game out your own strategy for November.
The president said deficit reduction cannot happen without a balanced approach that cuts spending and raises taxes on the very wealthy.
"We've got to make government leaner and more efficient, but we've also got to ask people like me or Gov. Romney - who have done better than anybody else over the course of the last decade and whose taxes are just about lower than they've been in the last 50 years - to do a little bit more," he said.
Obama also faulted Republicans, including GOP nominee Mitt Romney, for refusing to budge on their position against raising tax rates as a way to increase revenues.
"Gov. Romney said he wouldn't take a deal with $10 of spending cuts for $1 of revenue increases. And the problem is the math - or the arithmetic, as President Clinton said - doesn't add up," he said, referring to Clinton's Democratic convention speech last week.
Obama's comments come as Congress faces a looming deadline to reach a deficit-reduction plan by the end of the year in order to avoid the so-called fiscal cliff, a massive combination of tax increases and spending cuts set to kick off in January.
The scheduled measures could reduce the federal debt but could also spark a recession with higher unemployment and shrinking GDP, according to a Congressional Budget Office report released last month.
Rep. Paul Ryan, later in the same program, took issue with the president's remarks.
"Well, I had been more than happy to work with him, but he hasn't been acting like that," the GOP vice-presidential nominee said. "You know, what we've learned in this presidency, he says one thing and does another."
Ryan said Obama presented four budgets, "none of which ever, ever proposed to actually balance the budget," and placed blame on the Senate for failing to produce a budget in three years.
"We've passed budgets. We've led," the representative from Wisconsin said. In March, the Republican-controlled House passed Ryan's budget plan, a $3.53 trillion blueprint that includes an overhaul of the nation's tax code and major changes to popular entitlement programs such as Medicare.
Nobody really cares what rubberface has to say about anything anymore, if ever. He is lying all the time.
When Ryan said they've "led", he really means they want it their way or no way. That's no way to lead in a democracy (unless Republicans want to be seen as "kings" in their so-called democracy). Just check with his fellow right wingers.
"Republicans can come along – they just have to sit at the back of the bus." ~ Mr. Post Partisan himself, Barack Obama
Ryan you are talking about yourself....weren't you in the GOP crowd on the night of the inaugual vowing to do everything possible to block him...
Didn't President Obama go to your GOP headquarters to take questions and speak to the whole party... was he one of the 1st Democratic presidents to do this?
President Obama has been trying to work with the GOP, everything the President brings to the table the GOP rejects. So who doesn't want to work with who? We all remember what the GOP's number 1 goal is to make President Obama a 1 term President.Paul Ryan is apart of that and Paul Ryan is a liar and a joke.
Mr. Ryan is such an outright liar!! When and if people take the time to review some of these so called deficit reduction budgets they do things like s-l-o-w-l-y change the social safety nets like Medicare into voucher programs that WILL shift more of the cost on people that will have NO MEANS of making up the difference. They reduce money available for Pell grants to go to college, free lunches for poor children, etc. etc. AND none of them actually prove without a doubt that there will be some small increase on the wealthiest Americas. It is mind-boggling that the Repubicans have such a hard time with raising the taxes on very wealthy Americans a measely 4 percent, but wouldn't have a problem putting senior citizens back in the situation where they only take half of their perscription to make it last twice as long. Or preventing 100's of thousands of young Americans a free meal at school and older Americans an opportunity to go to college. THE MAIN REASON there has been no deal with the President is he REFUSES to extend the Bush tax cuts that are a major contributor to our economic mess any further..and I agree with him.
I believe President Obama has tried to work with the Republicans, and the Republicans have stone-walled him at every measure, regardless of what more than half of the people who sent them to Washington want.
I believe we need a total clear out of the House. The game they are playing to make the President look bad is unprofessional, if not unethical, and we are the recipients of the fall-out.
In all of my years, I have NEVER seen the office of President more disrespected.
"We've got to make government leaner and more efficient, but we've also got to ask people like me or Gov. Romney – who have done better than anybody else over the course of the last decade and whose taxes are just about lower than they've been in the last 50 years – to do a little bit more," he said.
And this Mr. President is the problem. They don't like the idea of having to give back what they've stolen from the American people.
Republicans have NO interest whatsover in working with you or trying to make things better for the American people. They want a something much more, they want a clown. Someone who dresses well, takes good photo opts and signs legislation without asking a single question, and they found their man. In Willard they trust. Meanwhile, the country would become so dependent upon these 1%ers, (for any scraps they throw us), that the middle-class would be grateful to just serve (forget our hopes and dreams) ,and this once great country of ours would be dictated by extremists and very wealthy thugs.
I doubt that Obama will have an easy debate.
It will be the first time Obama is challenged since he's become President. So expect him to go off his message of "stick with me, I need more time". Obama will end up stuttering when he's asked why he didn't work to find compromises with others in D.C. and why his stand was always " ...the election is over, I won !"
how can any body work with a party that only says yes to war
Mr. Ryan, we should be a team not my way is the oniy way
yea sure you will work....not.........
Ryan was the leader of the Republican members of the Super-Committee that failed to reach and agreement with their Dem counterparts of deficit reduction. Now we are faced with a Fiscal Cliff because Ryan and his cronies walked out and refused to negotiate. So, when you get down to it, it's all Paul Ryan's fault, not Obama's.
Is there any instance in American history whereby lowering taxes created more revenue? What were the offsets of such action? Were user fees increased for services? Did inflation rise, thus negating the lower taxes? The evidence that I have seen from the past thirty years of reducing taxes and regulations at the federal level resulted in our current depression.
I believe the president anytime over the "Lying Ryan." They are trying the etch-a-sketch or total lies. Not sure how they can win on these flip-flops.
He will only work with the GOP if they do it his way with no exceptions. He does not bend or ever will. Clinton did bend and seemed to work with the GOP and give them some of what they wanted. Compromise is the key. That is why he seemed to get more done. Clinton did not benefit me on any level but I guess some people did ok. Obama walks into the room and says here it is take it or leave it. When the Republicans bulk the leaves the room and whines....lol
Oh, Ryan misspoke again. What he meant to say was: “You know, what we’ve learned in ROMNEY’S CAMPAIGN, he says one thing and then quickly say something else.”
Ryan working with the President? Never – how stupid does he think the voter is???
November cannot come fast enough to tell the party of “NO”: “NO THANK YOU!”
Weren't these tax cuts, Bush's tax cuts, renewed last year across the board? If the gov't would stop spending money on things it doesn't need, we could get back on track. How many new guard rails have been installed across the country in the past 3 years? If they weren't there before, why do we need them now when we're broke?
I'm self employed. My income goes up and dowm. When my income goes down, my spending goes down. I can't survive if I just keep borrowing money when there's none coming in.
"he stood firm on his proposal to raise taxes on households making more than $250,000 per year." = small businesses.
Obama won't back down on raising taxes on small business owners.
Bottom line, Ryan works with dealing with the president Obama, who better than Ryan to know and to say "Well, I had been more than happy to work with him, but he hasn't been acting like that," the GOP vice-presidential nominee said. "You know, what we've learned in this presidency, he says one thing and does another."
I think by now most of us know that Obama backpedals and always says that we misunderstood him or that's not what he meant to say.
Obama has tried time and time again to work with the redumblicans and the redumblicans want no part of it....Ryan is still lying.
If the Republicans had worked with the President for the good of this country, he wouldn't have had to present four budgets as "Lyin' Ryan" stated. If Ryan, Mcconnell, Boehner, Cantor and the rest of their posse weren't so hell bent on trying to make President Obama a one-term President, our country would be in much better shape. It is so obvious that they do not want to admit to any of the successes that the President has had and definitely want to prevent him from having any more.
Obama is hardly hostile to Republicans in every way. He kept on George W. Bush's Secretary of Defense. And appointed many high-level Republicans. He also took over many signature Republican policies, of which Obamacare is only the most important. The reason we are in a deadlock is that the Republicans decided that the way back to power was to make it completely impossible for the Democrats to govern. The nadir of that policy was there attempt to force the republic into default in the summer of 2011. But they are still at it.
what Ryan leaves out is that the GOP says No to everything Obama says.
If Obama offered to cut taxes and cut Social Security the GOP would ask for tax increases and say that Obama was being irresponsible. The GOP has refused to act like an adult. We cannot afford Romney.
This is the 2012 version of OBAMA'S "Republicans can go along with us, they just have to RIDE IN THE BACK..."