Senator-elect Baldwin addresses fiscal cliff

CREATED Dec 6, 2012

  • Print
  • Video by wtmj.com

    Play

Its been one month since Tammy Baldwin clinched a stunning victory over Tommy Thompson for U-S Senate.
 
Since then Congresswoman Baldwin has been working double duty as she prepares to take on the fiscal cliff. 
 
Charles Benson sat down with the Senator-elect for a one on one interview. 
 
Congresswoman Baldwin is in the process of transitioning from her Congressional office to her new Senate office.
 
The Madison Democrat isn't sure if the fiscal crises will be her last order of business in the house or her first in the Senate.
 
"I'm prepared to tackle it in either House of Congress," said Baldwin.
 
Benson: Are you comfortable - and I believe the President has said this - of going over the cliff if the top 2% wage earners are not asked to pay more?
Baldwin: Well I think, that is a strategy we must pursue. 
 
The strategy is to get Republicans to agree to higher taxes for people making more than $250,000 a year. If a deal is not reached by the end of the year, taxes will go up for everyone. 
 
"They( Republicans) are holding those tax cuts hostage, the ones we want to see for small businesses for 97% of all small businesses and 98% of all Wisconsin families," said Baldwin.
 
Republicans want Democrats to compromise on entitlement spending. Baldwin favors limited reforms to Medicare to allow the government to negotiate lowers costs for prescription drugs but others are off limit. 
 
"Social Security has not contributed one penny to our national debt or deficit. And I think it needs to be off the table for discussions," said Baldwin.
 
Congresswoman Baldwin will be sworn in January 3rd as the first female U-S Senator from Wisconsin.