November 28th, 2012
09:40 PM ET
5 months ago

Cornyn 'increasingly pessimistic' about deal

(CNN) – While President Barack Obama said Wednesday he hopes to reach a deficit-reduction deal by Christmas, Republican Sen. John Cornyn of Texas didn't sound too confident that such an agreement will be made by year's end, meaning many tax increases and spending cuts would automatically kick in at the start of 2013.

"I'm increasingly pessimistic, not optimistic, because the president seems to be campaigning rather than going anywhere and doing anything to get a deal," Cornyn said on CNN's "Erin Burnett OutFront." "If we don't get a deal, it will hurt a lot of people."

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The Texas senator was referring to Obama's plan to take his fiscal cliff argument on the road Friday and use a campaign-style event to build support for his push to raise tax rates on the wealthy.

"My hope is to get this done before Christmas," Obama said Wednesday. "And I'll go anywhere and I'll do whatever it takes to get this done."

But Cornyn said the Democrat-backed plan to raise tax rates on high income earners would not generate enough revenue to solve the government's long-term deficit problem. The senator, who will act as the Senate's minority whip in the next Congress, argued that more spending cuts and entitlement reform should be on the table in the negotiations.

"It takes the president to provide the political cover for Democrats to fall in line," Cornyn said. "This is something the president has to do by himself, and he can't do it on the campaign trail."


Filed under: Fiscal Cliff • John Cornyn • President Obama
soundoff (10 Responses)
  1. NYC REPUB

    The GOP is trying to destroy the country, due to ideology on taxes......We can't let them this time....

    November 28, 2012 11:16 pm at 11:16 pm |
  2. AK_steve

    Wow, the GOP hasn't even entered into negotiations and they are already not compromising and blaming.

    The GOP will take us over the fiscal cliff and blame it all on somebody else. They are holding the entire country hostage over a tax increase on the 1%.

    Hey GOP – Obama ran for election and flat out told the American people he was going to raise taxes. And you know what – HE WON. So get over it and start working for the American people. It amazes me that the GOP is so arrogant as to take down the entire country on their whacko (and flat out mathematically incorrect) ideology of "no taxes", they kill jobs.

    IDIOTS.

    November 28, 2012 11:16 pm at 11:16 pm |
  3. Angie

    I am so sick and tired of John Cornyn and the other Republican leaders who have absolutely no regard for what the opinions and desires of people who actually elected them. They continue to protect the rich lives of themselves and their friends.

    November 28, 2012 11:19 pm at 11:19 pm |
  4. DOG1

    You republicans have been campaigning on this issue for more than a year. Even after losing this election you continue to believe that compromise is GETTING EVERYTHIING YOU DEMAND AND NOT GIVING ANYTHING! When you go into negotiations saying you will never agree to tax increases for your rich friends YOU'RE NOT NEGOTIATING! When the middle class in this country find out you wanted to take away their tax deductions for home loan interest and medical expenses rather than having one of your golf buddies have to pay some tax and then buy just three BMW 7 series for their teenagers instead of four you better know you're going to hear about it. 2014 is not that far away and it will be interesting to see what a Senate and House of Representatives looks like with NO REPUBLICANS.

    November 28, 2012 11:45 pm at 11:45 pm |
  5. what the heck is going on around here

    It's time to call a spade a spade. Obama has NO PLAN. He never had a plan. All he has is his worn out class warfare rhetoric which is no plan or solution. We have a $1200 billion problem and he has an answer for $80 billion of it. This is "leadership"??? Where are the cuts, $2.50 for every $1 in tax increase, he says he will support? Dead silence. He says he wants a balanced approach yet all he takes about is taking $80 billion from one segment of our society. Why isn't the LSM holding his feet to the fire for the rest of his mythical "plan"?

    November 29, 2012 02:48 am at 2:48 am |
  6. Donkey Party

    By now it has become painfully obvious that the GOP doesn't want to compromise, nor do they want to see America thrive. They are so concerned about the top 2% in the country, that they would damn all the rest of us just to appease their corporate masters. The GOP are domestic terrorists, holding 98% of the country hostage, and the time is drawing near when we as a nation must rise up and remove these GOP clowns (physically if necessary) from office so the country can move forward.

    November 29, 2012 02:51 am at 2:51 am |
  7. J.V.Hodgson

    Gosh This president has never said that tax increases alone are the panacea just part of the solution.And he has an very strong mandate for that.
    He has proposed spending cuts and agrees more has to be done, the real problem is republicans only want to decimate PPACA and leave defense alone same as before. They have changed nothing compromised nothing ven though they lost big time and still caim they rule the the whole process due to a house majority.
    Shucks I thought that was the founding fathers way of ensuring sensible consensus and reasonable behaviour not one term president (thinking lost that one as well) or the House is the fountain of absolute legislation that may not be challenged.Grover Norquists tax policy is a flawed economic concept that lower taxes always equal economic growth and ultimately therefore higher tax revenues. I can quote as many cases of such opposite results as he can favorable probably more.
    It's an invidiuos myth but so appealling since I dont know anyone who likes paying taxes, but most of us know they are necessary and will be a constant majority.
    I remain applled that any elected representative can remain attache to such apledge for so long or even enter into it. I want my rep/sen to use his/her judgement to meet the needs of any specific and individual case o the nation on any legislation or vote.
    I regard his Pac as unconstituional as pervasive influence over elected representatives which could be construed as subversion.... his pledge is not just freedom of speech its demand to subvert legislative bodies in one only direction... now in some places that might be considered dicatatorial.
    Regards,
    Hodgson.

    November 29, 2012 03:14 am at 3:14 am |
  8. Marie MD

    Leave the "entitlements" alone and tax the rich! What is so had about this? Just because bo ner, and other rethugs, wants to keep their jobs starting in 2014 should not be in play at all.

    November 29, 2012 06:32 am at 6:32 am |
  9. jkane sfl gop mascots the blubbering slobs allen west rover nitwitquest rick scott ,carl rove and donald dump ??????

    Let the gop stonewall ,and let all the taxes go up on the rich and poor in Jan.then cut taxes on the less then 250,000 which the gop can't vote againest because of their stupid pledge to the slob norquest the gop subversive lobbyist and then we can kick out all the gop braindead fools in the house in 2014 sence they continue to not listen to the majority of the American people who want taxes on the top 5% raised .gop gotta go for good you lost!!!!!

    November 29, 2012 07:16 am at 7:16 am |
  10. jkane sfl gop mascots the blubbering slobs allen west rover nitwitquest rick scott ,carl rove and donald dump ??????

    You can either follow president Obama for the good of the country or get kicked out of office in the next elections in 2014. – 2016 , we are sick of the gop bafoon party and their stupid subversive pledges to the crook lobbyist norquest who is going down the toilet like romney and Ryan and the rest of the gop morons !!!!!!

    November 29, 2012 07:46 am at 7:46 am |