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Guests: Representatives Van Hollen & Schakowsky

By The Ed Show, The Ed Show - November 27, 2012

THE ED SHOW with ED SCHULTZNovember 27, 2012

Guests: Chris Van Hollen, Jan Schakowsky, James Hoffa, Steve Benen, David Cay Johnston, Joan Walsh

ED SCHULTZ, HOST: Good evening, Americans. Welcome to THE ED SHOW, from New York.

President Obama is set to launch an offensive to save 98 percent of Americans from a Republican tax increase.

This is THE ED SHOW -- let`s get to work.

(BEGIN VIDEOTAPE)

BARACK OBAMA, PRESIDENT OF THE UNITED STATES: We should not hold the middle class hostage while we debate tax cuts for the wealthy. We should at least do what we agree on and that`s to keep middle class taxes low.

SCHULTZ (voice-over): The president is taking into the people on preserving tax cuts for the middle class.

Tonight, Congressman Chris Van Hollen and Congresswoman Jan Schakowsky on the latest on the fiscal cliff.

The report out of today`s labor meeting with the president looks very good for progressives. We`ll get the scoop from labor leader James Hoffa of the Teamsters.

Plus, breaking news: Republicans running the Benghazi witch hunt remain disturbed and troubled.

SEN. LINDSEY GRAHAM (R), SOUTH CAROLINA: I`m more disturbed and significantly troubled.

SEN. KELLY AYOTTE (R), NEW HAMPSHIRE: I`m more troubled.

SCHULTZ: Joan Walsh on today`s big meeting with Susan Rice.

And yesterday Ricks rolled FOX News.

TOM RICKS, AUTHOR: I think that the emphasis on Benghazi has been extremely political probably because FOX was operating as a wing of the Republican Party.

SCHULTZ: Today, FOX News strikes back.

(END VIDEOTAPE)

SCHULTZ: Good to have you with us tonight, folks. Thanks for watching.

The White House is keeping the message simple and keeping Republicans in a box. President Obama is hitting the road to push the extension of tax cuts for income, for folks under $250,000 a year. The president will kick off his tour in southeastern Pennsylvania on Friday.

Today, the president met with small business owners at the White House and tomorrow, he plans to meet with a group of middle-class families.

Republicans are going to be countering with their own events, led by the Republican B-team. House majority whip Kevin McCarthy is holding a meeting with small business owners next week. He`s a week late.

The small business owners in the meeting with the president today were on top of the game, top of the issues and understood the solution to the deficit plan.

(BEGIN VIDEO CLIP)

LEWIS PRINCE, OWNER, VINTAGE VINYL: What grows jobs in America are consumers spending money. And the average person needs that $3,000 or $2,000 a year in his pocket to help drive the economy.

Saying that tax breaks for the rich drive consumers lower down to spend is like saying you could jump-start you -- you could start your car by pouring gasoline on the hood. There`s no proof, there`s no factual data to support it. It`s completely a sham to say that.

(END VIDEO CLIP)

SCHULTZ: And he`s a business owner. We need more members of Congress to sound like that, don`t we?

If the president is trying to achieve solidarity on raising the top tax rate, these are the voices that can come through for them with that message in a big way. An owner of an automobile supply company in Michigan said she supports the president`s deficit reduction plan even though if it means her own personal rates will go up.

(BEGIN VIDEO CLIP)

ANDRA RUSH, OWNER, RUSH TRUCKING: Yes, I would have higher tax rates, but more importantly and more crucial, the middle class would be spending about $2,000 or $3,000 more dollars.

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