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this committee would be lou makers who would be chosen by both parties, by both chambers and they would be essentially empowered to come up with these cuts. chief washington correspondent james rosen has been obviously watching all of this as well and join us in this conversation about the joint committee, james. >> that's correct, bret and governor huckabee. this is going to be a bipartisan, but also by came cameraal committee and will come from the house and the senate and clearly not the gang of six limited just to the senate. a number of interesting aspects from what we've just heard in the last ten to 12 minutes from both president obama and the congressional leaders, the leaders of the senate, senators mcconnell and reid. for example, from the president, he talked about this being a down payment on the deficit reduction we need. and he talked about how everything will be on the table, including modest adjustments to medicare, when this committee meets. it is worth remembering that

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