AC360 Tuesday 8p

Ferry crew members answered questions about why more life rafts were not deployed. Tonight on AC360, the latest from South Korea on the effort to reach victims.
November 28th, 2012
10:27 PM ET

Cole defends position on tax compromise in fiscal cliff battle

Republican Rep. Tom Cole, who drew sharp disagreement from House Speaker John Boehner when he broke from party lines in the fiscal cliff negotiations, further stood by his position Wednesday night but added he would support the GOP no matter what decision was reached.

"I'm one voice. I'm not king of the universe, and I support my speaker," Cole, from Oklahoma, said on AC360. "I recognize he's the speaker. I support my conference."

In the fiscal cliff debate, Republicans and Democrats disagree over whether the Bush-era tax cuts should expire on the wealthy. President Barack Obama and Senate Democrats want to let tax rates increase for households making more than $250,000, while House Republicans insist the tax rates should stay in place for all Americans, including the highest income earners.

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Filed under: Congress • Economy • Fiscal Cliff • Taxes
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