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DeMint: Obama will win fight over raising taxes

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WASHINGTON (AP) — A leading conservative who's resigning from the Senate is predicting that President Obama will win the battle over raising taxes.

Sen. Jim DeMint, South Carolina Republican, called it "a political trophy" within Mr. Obama's grasp. Appearing Thursday on "CBS This Morning," Mr. DeMint said, "The president's proposal is not a plan; it's not a solution."

Asked why Mr. Obama and congressional Republicans can't agree on a plan to avert a "fiscal cliff" in less than three weeks, Mr. DeMint said that both political parties have "failed" the country.

On Mr. Obama, the senator said: "He's going to get his wish. I believe we're going to be raising taxes, and not just on the top earners."

Mr. DeMint is stepping down from the Senate to become president of the Heritage Foundation, a conservative think tank.

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