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

South Carolina Republican Jim DeMint calls it a political trophy within Obama's grasp. Appearing Thursday on CBS This Morning, DeMint says, quote, The president's proposal is not a plan, it's not a solution.

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

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

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

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