'This Week' Transcript: Chicago Mayor Rahm Emanuel

RUBIO: Well, we're not claiming to know that number. We know it will be more than what we have now, and that's what's important. This helps real people. These are ideas that came from job-creators. Some of it's extending existing law to give another year of certainty to job-creators. And others are things that are new that came, for example, from the Franchise Association.

But we believe that one of the things that's holding back economic activity is all the bad news and impending bad news that's coming out of Washington. And we feel like if we can show people that there are things we can work on together, that there is a glimmer of hope in Washington, that we are able to agree on the things we agree on, we hope to be able to get the ball rolling on a little bit of confidence over the next 12 months.

AMANPOUR: All right. Well, let me ask you, Senator Coons, a little bit of confidence is what's needed here. Obviously in the Senate, Senator Reid holds the card, in terms of bringing -- bringing it to vote. Is there any indication that you have that he would embrace this AGREE Act of yours and actually act on it, bring it to a vote?

COONS: Well, Christiane, we've gotten very positive responses from folks in leadership, from the White House, and obviously from our colleagues, a number of whom have already stepped forward to offer co-sponsorship. We drew these ideas from a broad range of sources, but most importantly, from the president's jobs bill, as well as from the President's Council on Jobs and Competitiveness. I think this is a balanced, bipartisan, constructive package of ideas that can help move the economy forward. And I'm confident that Leader Reid wants to make -- make whatever progress we can in moving legislation that will help create jobs.

AMANPOUR: But bottom line, Senator Rubio, if something as innocuous as this -- and you're both saying that it is, really, a simple thing that everybody has already sort of agreed on, the elements of it, if this can't get through, what kind of message does that send, Senator Rubio?

RUBIO: Well, that's -- that's exactly right. And that's our point. Our point is that there is no reason for this not to pass.

You know, I think people at home, certainly here in Florida, and I'm sure across the country, understand that there are big differences between Republicans and Democrats, and they understand that's why we're going to have an election next year to decide that. What they don't understand is, why do you guys fight about the things you agree on?

And so what we did is we just sat down and went and tried to collect a few things that we -- people had agreed on in a bipartisan way said at least let's pass those. We can't sit around for 12 months and do nothing. And so that's -- that's what we're hoping to do here. But you ask a very important question: If something like this can't get traction, if something like this can't pass, what does it say about our process?

AMANPOUR: Well, precisely that. And you both have said that this is not a substitute for the really large reforms that have to happen and perhaps we'll have to wait for the next election. Do you agree with that, Senator Coons? Is nothing big on reform and deficit-cutting and all of that going to happen until the next election?

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