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first, didn't they? anyway, will the president get in the boat with both feet today and how likely is his vision to produce real reforms in fiscal policy? he was head of the congressional budget under a republican administration back during the house in the early part of this decade. and william golston was domestic policy adviser to president bill clint clinton. they both join us now. doug, the easy part in washington is to come up with a plan. i'm up to four plans, right? the president's going to have one. we have the ryan plan. we have the debt commission plan. we have the gang of six plan that we assume is coming. i'm sure there will be a gang of eight that will try to do something and a gang of two. the plans are the easy part. the politics is the hard part. >> the politics are the hard part. we know congress has raised taxes in the past. it has never really reformed entitlements. the fundamental problem we face which the commission said very clearly is we have enormous debt explosion driven by the entitlements. it's a national moment of truth.

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