Transcripts for CNN The Situation Room 20130304 21:39:00 : v

CNN The Situation Room March 4, 2013 21:39:00

in the oval office right now, leading on the sensitive issue of these forced budget cuts. >> one of the things i thought was very hopeful and interesting about what mitt romney said was his acknowledgement that the sequester is bad news. this is not our first step toward a rational deficit reduction program. it's bad news. and if we could at least al agree on that, we could get away from these cuts that are landing on the defense budget. $47 billion is going to come out the defense budget between now and the end of the fiscal year. even as the united states is winding down two wars. this is not the way to go. i'm glad mitt romney is saying that. >> everybody agrees this is not the best way of cutting spends. across the board, meat clever spending. they would like to do it with a scalpel but we haven't come up w a deal. >> with all due respect to mr. romney, he ain't the solution. i'm glad it's killing him. i'm glad. because you know it's killing the middle class. at least he's suffering a little psychic pain. as it's killing him as he said

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