Joe Biden on SOTU: 'Going to Be Some Stark Choices'

Vice president discusses working with Republicans on key points proposed in this year's State of the Union address.
4:09 | 01/21/15

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Transcript for Joe Biden on SOTU: 'Going to Be Some Stark Choices'
Absolutely. Jon Karl, thanks very much. I spoke with the vice president moments ago. Mr. Vice president, thanks for joining us this morning. You were sitting next to speaker Boehner all last night. He didn't seem too impressed with the president's speech and called them the wrong priorities for the country. Doesn't seem like much of anything the president will propose will go anywhere. I disagree. You know, the republicans are now even some taking credit for the recovery so they must think something we did went pretty well. Secondly, they're talking about the middle class. That's not been part of their political vocabulary up till now so there's going to be some stark choices. They'll have to decide whether they'll step up, help the middle class, the tax cuts with education and on those issues and I believe there is a significant core republicans who believe now is the time to make this recovery good for everyone and stronger for the middle class. A year from now which of the president's big proposals will be law? I think -- I hope a year from now all the proposals relative to the middle class tax cuts as well as education. Look, there are -- here's what's happening. You know, the economy is growing. You know, like I said, everybody seems to be embracing what's happening now, particularly relative to the rest of the world, jobs are coming home. We're talking about in-sourcing. We have to focus on two thing to continue the momentum. One is make sure we have the best infrastructure in the world so people keep coming back and people invest here and companies invest here in the United States and come home and, secondly, we have to have the most skilled workforce in the world and there are things that the republicans can agree on and I think now that they actually have to lead, I mean, they own the congress, they are the ones who are in the majority. And I think the public is going to insist that we work together. It hasn't been a historic consensus for tax increases, has there? Here's the deal, there are $300 billion in tax increases on things we don't need to do. A thing called up stepped up basis. Why should somebody be left $10 million in stock that, in fact, when they bought it now worth 50 million why shouldn't they pay tax on it if they inherited itty if someone is in the stock market and they, in fact, make $10 on a stock, that's a capital gain. You know, that's $210 billion and it's a real easy choice. Want to continue to help trust fund babies or go out -- good people -- those's not a pejorative term, last thing they need is another $210 billion tax cut when you can put that money into making sure people get tax cut to help first with child care, help with sick leave, help with be able to own their homes, et cetera. Mr. Vice president, as you know the presidential campaigns are heating up on both sides, secretary Clinton is lining up staff and support includes many members of president Obama's team. Our latest poll shows she's the overwhelming choice of democrats. Is there any chance you can challenge her? Yes, there's a chance, but I haven't made up my mind about that. We have a lot of work to do between now and then. There's plenty of time. Look, the person who is going to end secretary Clinton is really compete competent, capable person and a friend. The person who is going to be the next president of the united States is the one that's going to be able to articulate the clearest vision of where they'll take the country. There is a chance you'll challenge her. Eight years ago you put yourself into the race. When do you have to make up your mind? Well, I don't think I have to make up my mind until the summer. I think there's -- I think this is wide open on both sides. And -- but, look, right now my focus is getting implemented what the president talked about last night to nail down this recovery and get the middle class back in the game. Mr. Vice president, thanks very much for your time this morning. Thanks, George. So, robin, there you heard it, vice president Biden still hasn't given up going for the white house. You haven't given up on trying to get him to answer that question.

This transcript has been automatically generated and may not be 100% accurate.

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