debt limit without significant cuts and reforms. the days of more spending and more debt are over for this country. early are today, two new and different proposals were offered up by harry reid. the speaker of the house boehner. as you heard from the president he's refusing to support any short term fix if it means bringing us to the brink of -- where does this leave the country? here with us dick morris. with you were there for the government shutdown in '95. here's the interesting point. the words balanced approach. my approach is balanced. all these other guys are extremists. predictable, boring, blame bush, blame bush, create fear, scare old people, class warfare. he can't -- there's nothing new with him here. >> i agree. two things are notable about this speech. he has placed himself to the left of the senate democrats.