SEN. KERRY: "We just cut $917 billion without one dime of new revenue. He knows it. We just did it. We cut $550 billion in the healthcare act from Medicare.
There's one thing standing between us and avoiding a sequester and doing $1.2 trillion, and that one thing is the Republican unwillingness to not push for the Bush tax cuts to be extended now. We've even talked to them about guaranteeing them a fast track for tax reform. We'll do tax reform before next December. We'll do tax reform for business. We could lower the corporate tax rate. We could wind up with a major initiative that will create jobs and do our country well, avoid the sequester, show that America works...
MR. GREGORY: Just so that--hearing that last portion, even though it wasn't on the screen, is very important. The president saying we will stay on it until we get the job done. Republicans I talked to, Democrats I talked to say the White House has been hands off when it came to the nitty-gritty time on this.
SEN. KERRY: They were asked to be hands off. The Republicans said, "Don't let Obama come into this because, if he does, it will make it political." We've been in constant touch. I've personally talked to the White House perhaps once a week to see, you know, if, if there was something else we could add, how could we do something. They've been intimately involved, but carefully, so that they didn't politicize it. And I think they did the right thing.
You know, the other day, David, I, I drove through--I went to Arlington Cemetery to visit the gravesite of a college classmate of ours. And I went with a bunch of my college buddies. And as I was driving in there and I went by that new flat area that's full of the graves of kids from Afghanistan and from Iraq, some of whose funerals I've gone to over there, I've watched it grow. And I asked myself as we were going through there, you know, are we living up to the sacrifice, to the level of commitment these guys made for us? Are we willing to put our political lives on the line for our country, do what we need to do because we know it's right? And then I hear about this pledge, a pledge to a lobbyist that gets in the way of our living up to that sacrifice and doing what's right for our country."