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November 27th, 2012
03:34 PM ET

Blitzer sits down with Mexican President-elect

Ahead of the Mexican President-elect's meeting with President Obama today at the White House, Enrique Peña Nieto sat down with CNN's Wolf Blitzer to talk about U.S. relations with Mexico, trade and more. This full interview will air today on The Situation Room with Wolf Blitzer in the 5 p.m. ET hour. A highlight from the interview is below and a full transcript will be posted on http://archives.cnn.com/TRANSCRIPTS/sitroom.html.

PLEASE CREDIT ALL USAGE TO CNN’s THE SITUATION ROOM WITH WOLF BLITZER

HIGHLIGHT FROM INTERVIEW
THIS IS A RUSH FDCH TRANSCRIPT. IT MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

WOLF BLITZER, HOST:  What's the biggest problem in U.S.-Mexican relations right now?

ENRIQUE PENA NIETO, PRESIDENT-ELECT, MEXICO:  To build a greater trust in our relationship.  I think this first encounter with Mr. Obama, this first meeting, the main meeting - purpose will be to get to know each other, because I'm convinced that a good relationship between the countries has to go through the people who head said governments.  They will have a good understanding.

And my purpose, then, is to create a relationship, to build a relationship based on trust, a relationship that would be positive, constructive, that would allow us to understand the world affairs and the world matters that both peoples have to face.  And based on this agreement, we'll reach a relationship of brotherhood.

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Mexico's new leader on U.S.-Mexican relations
November 27th, 2012
03:02 PM ET

Sen. Rand Paul: We should fix entitlements because they are broken

Sen. Rand Paul (R-KY) told CNN's Brooke Baldwin entitlements are broken. It is not my fault. It is not the Democrats' fault. It's because your grandparents had too may babies and because we're living longer. These are the facts.


Topics: Brooke Baldwin • CNN • CNN Newsroom
November 27th, 2012
08:57 AM ET

Sen. Toomey: I won't violate tax pledge by closing loopholes, reducing deductions

Senator Pat Toomey (R-PA) addresses the fiscal cliff negotiations and says he’s open to closing loopholes and reducing deductions, if we lower marginal rates and decrease spending. However, he says he would not violate Grover Norquist’s Taxpayer Protection Pledge by doing so.

Sen. Toomey says, “The revenue side isn’t where the problem lies in the first place. This is a side show to the real problem – the real problem that the President has refused to address. How are we going to put our entitlement programs on a sustainable path? How are we going to live within our means? Now if we’re going to do something on the revenue side, then for Gosh sakes let’s at least not damage the economy any more than we have to. And so let’s do it by lowering marginal rates and generating revenue through reducing the value of deductions, write-offs and loopholes – the kinds of things that destroy economic activity.”

When CNN’s John Berman points out that closing loopholes and reducing deductions would violate Norquist’s Taxpayer Protection Pledge, Toomey answers, “I don’t intend to violate any pledge. My pledge is not to support higher taxes. What we’re faced with in just a few weeks is a massive tax increase. If I can help ensure that we don’t have that tax increase, then I believe I’ve fulfilled my pledge to fight for the lowest possible taxes.” Berman adds that Norquist may disagree with him.

Starting Point with Soledad O’Brien airs weekday mornings from 7-9am ET on CNN.


Topics: CNN • CNN Politics • Starting Point
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