Obama Takes on GOP Opponents in New Interview

Jake Tapper discusses the president's exclusive interview with Diane Sawyer.
1:42 | 01/27/12

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Transcript for Obama Takes on GOP Opponents in New Interview
In Washington. In his piece last night's attacks for Mitt Romney. Really part of an all out assault this week from the entire Republican establishment against Newt Gingrich. That's right as a -- -- my Major Garrett puts it it's the empire strikes back -- had Newt Gingrich leading what is legitimately an insurgent campaign. And for whatever. Is left of the Republican establishment they seem to -- The backing Mitt Romney and they have pulled out all the stops. Against Gingrich in Florida you had Bob Dole issuing. A withering statement saying. That of Gingrich becomes the nominee it could mean a landslide for President Obama. And the Democrats you had conservative media coming out in attacking Newt Gingrich he seemed a bit rattled last night on the. States -- -- -- -- yesterday morning the entire front page of the Drudge Report seem to be an attack against new -- meanwhile. President Obama in his interviewer Diane soaring yesterday. Starting this shows shows some leg against the Republican candidates -- asked -- about the charges come interpublic is about class warfare take a look. The governor Romney says this is class warfare and it is social. Engineering. I think whether it's Romney or Gingrich or Santorum. Or any of these folks. That the question asked of them is we now have the lowest tax rates. In fifty years we had the an economy that was built on debt and flimsy financing deals. And it resulted in a huge crash that lost us the most jobs since the 1930s. And why we would want to adopt something that we just tried and did not work doesn't make sense. -- -- -- from the skating union we can't go back to those policies of George W. Bush. What's interesting George is the conundrum in which President Obama finds himself. He really can't run. On so many of his major legislative accomplishments regardless of the merits of Health Care Reform financial reform the stimulus. They're not popular so what you see is President Obama. Putting out other issues to discuss. Raising taxes on the wealthy raising taxes on corporations so as to bring. Jobs back to the United States these are the issues he wants to talk about because it's going to be difficult for him to talk about. His record when it comes to his big achievements and White House still betting that their opponents going to be met -- They -- do and even though Newt Gingrich is arguably the front runner because he has more delegates right now bill. Obama campaign keeps attacking Mitt Romney attacking Mitt Romney as if there are no other Republican candidates George -- -- thanks we'll see you Sunday on this week big yes Newt Gingrich and house speaker John Boehner. Plus our powerhouse roundtable.

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

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