Sen. Tom Daschle: 'Compromise is not capitulation. Compromise is the oxygen of democracy'

Former Senate Majority Leader Tom Daschle joins Yahoo Finance's Rick Newman, Kristin Myers and Adam Shapiro to break down highlights from President Joe Biden's inauguration.

Video Transcript

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KRISTIN MYERS: So let's get into some of those issues that [INAUDIBLE] was just highlighting. I want to bring on former Senate Majority leader Tom Daschle and Yahoo Finance's Rick Newman now to the program.

Senator, essentially, [INAUDIBLE] was just mentioning that that piece about-- it's President Biden's job to turn down the temperature and him laughing at that, essentially because he has to work with the Congress, with members that have been the ones that have really been turning that temperature up.

I'm wondering how you imagine President Biden working with some of those members inside of Congress, some of whom actually have already said that they're going to be planning on filing articles of impeachment against him. How does the new president work with a Congress that is filled with some of those members?

TOM DASCHLE: Well, I think you have to isolate the radicals. There isn't much you can do as somebody who would be that outlandish this soon, and it's very unfortunate. But there are a lot of Republicans that I think hold real promise. They know we've got to govern. I think one of the things that Joe Biden can do-- and he's very good at doing it-- is to include Republican leadership as decisions are made.

Invite the leadership of Congress down to the White House perhaps once a week on a Tuesday morning, talking about what they could accomplish together that week in spite of whatever differences there may be. Invite them up to Camp David. Talk about what you want to accomplish for the coming year and use that as sort of the beginning for whatever it is you're going to say you want to do for the country for that particular year.

Do as much to include, to organize, to collaborate, to create that environment. Everyone has to turn down the temperature. And Joe Biden didn't create it, but he can help and he can contribute in doing it as much as possible to alleviate it. And I think that's what he'll try to do.

ADAM SHAPIRO: Rick, what do you think of what Senator Daschle has said? I mean, would that include, perhaps, even inviting Ted Cruz to a one-on-one with the president?

RICK NEWMAN: [CHUCKLES] Well, it makes me think of the Obama years and when Republicans had control of either one or both Houses for six of the eight Obama years. I mean, Mitch McConnell said outright that his goal was basically to obstruct President Obama. So I would put that question to Senator Daschle. Do you see the Republicans basically just wanting to be obstructionists during Joe Biden's presidency, as they were for most of Obama's? Or do you think it will be different for some reason?