A week after the supercommittee's failure to agree on a deficit reduction plan, this morning's Meet The Press gave us a preview of the battles to come in Washington. Democrats are pushing for an extension of the payroll tax holiday and Senator Chuck Schumer (D-NY) promised that it will be "the first thing" the Senate takes up when it returns this week.
Taxes proved to be the breaking point in the supercommittee negotiations with Democrats charging that the head of Americans for Tax Reform, Grover Norquist, was behind the GOP's unwillingness to budge on the tax issue. Norquist stuck to his guns this morning in our interview and told me, "Raising taxes slows the economy. Raising taxes kills jobs. Government spending does not create jobs."
Plus, 2012 politics remained a staple of our discussion as Newt Gingrich scored a big endorsement this morning from the editorial board of the New Hampshire Union Leader. Underscoring the threat Gingrich poses as the conservative alternative to Mitt Romney, the Editor of the National Review Rich Lowry said the Union Leader is attracted to Gingrich because of, "His boldness of expression and his command of the issues."
Watch the entire program on our website to hear more of my interviews with Sen. Chuck Schumer and Grover Norquist, as well as our full political roundtable.
We'll be back next week. If it's Sunday, it's Meet The Press.