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So, trump is coming across as a guy that says, you cross us, you are going to pay a heavy price. >> president trump campaigned saying, im going to be unpredictable. that he thinks that that is -- >> bill: that is worrying a lot of people. >> i think that because president trump had such a good meeting with the prime minister of japan, shinzo abe --nk >> bill: they are not going to help us. the only ones with sway are the chinese. >> that is why president bush put together the six party talks to ...

>> they address their interests. certainly every republican candidate will have to deal with egypt and the new democracies and what have you. several candidates who werent out there. those basically trying to deal with the issues that matter to that audience which pretty much were the fiscal stuff. theres really no true libertarians running for president that i know of, other than paul. cpac has always been a very, very determined group. >> james? >> this is the largest gathering of conservative...

Who she so admires. >> one of the things her camp is saying that that its not. its not a ripoff. its not supposed to be a ripoff. >> what lady gaga does is representative of madonna. >> a little creative license. >> madonna was the first. she was the original. >> i think theyre playing with all of us a little bit. >> just imagine all of the press shes getting. were all talking about all this. its not bad for themselves. >> fun to watch. thanks so much, lisa. president obama releases his budget...

Enacted, are so important and its important that it be implemented. i think in this budget theres a very important provision, which i should take a minute to explain. you know, for years congress and successive administrations have been adding to the deficit by just suspending a provision in law that would cut what we pay doctors under medicare by 30%. theres a bipartisan agreement that that wouldnt be a good idea. in the past we just put it on the national credit card. what this budget says we ...

I think this budget is the first comprehensive approach put out there with $1.1 trillion of deficit retrucks, two-thirds of it on the spending side, one-third on the revenue side. we have proposals in domestic discretionary and proposals in defense. we have proposals on these entitlements, and we have proposals on the tax side. we bring the deficit down frankly to meet the target that the deficit commission asked us to meet so weave accomplished it with a plan that we think is a sound, responsib...

Joining me now to discuss all this is the white house budget director, jack lew. mr. lew, thank you so much for being with us. big day, big budget, but you really cant balance the budget by tackling only about 16% of our spending. why didnt you guys take on the really hard stuff, entitlements? >> well, its good to be with you, jess camp i would challenge the notion that this budget does not solve the problem in the short and the medium term. weve put forward a budget that tackles almost every pa...

Egypt. from behind his high walls, none confirmed, none denied. that was nic robertson in sharm el sheikh. president obamas budget plan for next year is out. all 2,403 pages of it. but critics are already slamming what they see as weak efforts to tackle the deficit, both on the part of the president and congressional republicans and the debt. and theyre asking where are the grown-ups in all this? the president is proposing a $3.7 trillion budget that would cut funding to half of all governme...

Hardly a lot. the annual deficit, the annual interest payments on the debt will go up, will quadruple over the next ten years. the national debt will go up over $7 trillion. that, jessica, is on optimistic shnz. we just learned from the white house today that the deficit this year is going to be $1.6 trillion. do you know thats 80% more than they were forecasting just two years ago? 80% growth in the deficit for this year and a 90% growth for 2012 over what they forecast two years ago. were on a...

Something done on some form of entitlement reform. >> well put that to our next guest. thank you, gloria borger. lets hear what republican leaders are saying about all of this. congressman jeb hensarling of texas is chairman of the house republican conference. he served on the presidents commission on fiscal responsibility and reform, as well. thank you, congressman hensarling for being with us. i want to play you something that the presidents budget director, jack lu, told us about this budget....

Of those i just mentioned. lets bring in our white house correspondent dan lothian. the bottom line is despite all of those cuts critics are pouncing. >> reporter: they really are. i should say, first of all, from the president on down and other aides at the white house, they do say there is a lot of pain in this budget, that they did have to make some tough choices, but democrats think that it went too far. some republicans say that it didnt go far enough, especially when it comes to tackling t...