later, "q &a" followedthen, pr's with the british house of commons. >> joining us on newsmaker, congressman kevin brady, the vice chair of the economic committee. we talk about taxe ands. richard rubin has the first question. >> president obama made his case for extending the tax cuts scheduled to expire at the end of the year. republicans agree we should extend the tax cuts for 98% of people. you want 100. let's do what we agree on and fight about what we disagree on later. what is wrong with that approach? >> it creates far more uncertainty for the economy. we have a struggling economy. here we are three years after recession, and we have the worst recovered, 10-10 since world war ii. this will create more uncertainty. secondly, it does the solve the problem. i guess that is the key point. it will not be good for the economy to fight over this. secondly, it is not serious about deficit reduction. but the spending levels we can double everywhere these taxes. so i really think we ought to agree on extending these cuts or at least stopping the tax increases and making a serious commitment, a