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His hard line stance on illegal immigration. >> you know, i dont make it a habit to respond to rumors passed on by reporters. >> reporter: it wasnt a rumor. it was the president of the united states. >> youre welcome to testify and give your own views. im going to wait until i see specific legislative proposals to comment on them and not chase down every press room of people -- >> reporter: what about the idea of giving legal status on illegal immigrants, are you open to that? >> my idea is we n...

Relieve debt. and sometimes if your only approach is cutting spending at a time when the economy is contracting, then the economy will contract further and that can add debt. now, the advantage we had is that the dollar is a reserve currency to the world. even in the midst of crisis, people were still buying u.s. treasury bills. we were not part of a broader arrangement like the eurozone. so it gave us some additional flexibility. but the key lesson that weve drawn from our experience, and its t...

Leave debt. and sometimes if your only approach is cutting spending at a time when the economys contracting, then the economy will contract further and that can add debt. now the advantage we had is that the dollar is the reserve currency of the world. even in the midst of crisis people were still buying u.s. treasury bills. we were not part of a broader arrangement like the eurozone so it gave us some additional flexibility, but the key lesson that weve drawn from our experience, and its true t...

Willing to talk today. were coming there with an idea of getting there, to deal with these economic drivers that harm the economy. the drivers that continue to add debt. so when we make an offer today for a temporary extension, were looking for a structure that puts us on a path to get a budget, to take care of the debt and move this economy in a stronger position and have all americans win. a little common sense for the rest of the country. >> and ill take a couple of questions. >> there you go...

Of working together. were coming there to find common ground. to find common ground that will deal with these economic drivers that harm the economy. the drivers that continue to add debt. so when we make an offer today for a temporary extension, were looking for a structure that puts us on a path to get a budget, to take care of the debt, and move this economy in a stronger position and have all americans win. a little common sense for the rest of the country. >> ill take a couple of questions....

Were coming there with an idea of working together. were coming there to find common ground. to find common ground that will deal with these economic drivers that harm the economy. the drivers that continue to add debt. so when we make an today for a temporary extension, were looking for a structure that puts us on a path to get a budget, to take care of the debt, and move this economy in a stronger position and have all america win. a little common sense for the rest of the country. >> ill take...

He said he was a job creator and all the fact checkers have said he didnt create the 100,000 jobs that he said he did. he did add debt to a lot of companies, laid off people and made a lot of money. hes very good at making money and the question is he good as creating jobs? he put that front and center and the campaign has responded to it. its not an issue of private equity. nobody is questioning the role of private equity. i actually worked in private equity for a couple of years about ten year...

Romney has made bain and his experience at bain, hes claimed as the central plank of the campaign. he said he was a job creator and the fact checkers said he didnt create the 100,000 jobs he said he did. he did add debt to people, laid off people and made money. hes good at making money. he put it front and center. the campaign responded to it. its not an issue of private equity. nobodys questioning the role of private equity. i actually worked in private equity for a couple of years about ten y...

it started at midnight. mississippi governor, he pardoned four convicted killers on his way out from office. they were all serving life sentences in murder cases. all of them had also worked in a special program at the governors mansion. >> and im not sure if you saw these pictures, but awesome. check this out. this is a tanker with ice cutters trying to plow through the alaskan ice because its got a critical shipment of fuel. and its headed towards an alaskan city that really, really ...

Body. this circular system. and you have to have this constant spending and investment. well, what we have is as consumers are saving a great deal, and these who are not saving, are large numbers of unemployed. we have businesses -- particularly the corporate sector now, thats doing a lot of cash hoarding. theyre the healthiest sector of the economy, but theyre not putting that money back into the economic system in the form of capital formation and investment. and so -- and then you have, of co...