For the first time in over three weeks, President Obama and House Speaker John Boehner looked each other in the eye and actually had a conversation! This meeting comes at a very important time because in just 22 days Americans face severe tax hikes and spending cuts unless these two leaders can find a way to compromise. Neither side would discuss specifics but after yesterday's white house meeting a spokesman for the president said – quote – "the lines of communication remain open." This morning, Rep. Judy Chu (D-CA) joins “Starting Point” to weigh in on the fiscal cliff and the recent meeting between the president and Speaker Boehner.
Chu says she, “was encouraged to see the meeting between Speaker Boehner and President Obama” and she “really feels a deal has to be made.” She adds “a deal is to be made that would benefit the people if it were done earlier.”
Chu says, “we need discussion right now…and we need to have a discussion where we could have sensible solutions with regard to the safety net programs as well as the tax cuts.”
On the topic of what democrats will bring to the table Chu says, “Something that should have been done a while ago” is a “ change to Medicare in which we can actually negotiate for drug prices. After all we do it for Medicaid. Why can’t we do it for Medicare? That would be a big savings to the Medicare program.”