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The republicans did apparently offer about half that amount but it was not enough. and let's take a look at what they were trying to do. ultimately, they were trying to cut just $1.2 trillion over 10 years which averages, as you can see, at $120 billion per year. >> of course, the 2011 budget was $3.6 trillion. that's way up from, i believe, when president obama took office. it was $2.8 trillion. we're doing a little more math here. >> yeah. >> divided by 3,600. >> what that means is that when you take a look at the amount of money they were trying to cut, less than just 3% of the budget and y...

D.c. without presidential leadership, that he is diametrically opposed to any sort of entitlement reform or doing -- >> i'll tell you -- >> the deficit as well. he wants class warfare! it's what he wants. >> that's what it turns into. the grand bargain that he was willing, apparently, according to insiders, he was willing to adjust. >> never said it in public. >> he didn't, right. he didn't. >> who knows if it's real. >> who knows? >> all right. let's take a look at the headlines. on>> beginning fox news alert right now, this is out of cairo, three american students reportedly arrested by the ...