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Victims by attending a memorial outside of the theater. good news this morning katie medley a pregnant woman who escaped the massacre without injury gave birth to a baby boy hugo jackson medley. hugo's dad is fighting for his life. he lost his right eye in the shooting and has brain damage. new analysis by the congressional budget office will shrink a little but still costs a staggering amount. states being allowed to opt out of medicaid will reduce the deficit by $84 billion over the next 10 years. that bring the cost of the healthcare law down to $1.2 trillion much more than the 94 billion...

Next to the president. he should have done this a year ago. if he does it today, i think the american people, republicans and democrats will say this is exactly the type of solution we need. >> absolutely. >> i'm not going to hold my breath. >> i'm not either. >> it was his commission. when they came out with the report, he basically threw it in the garbage, thanked them and walked away. >> as we all pile on the president for not leading on simpson-bowles, it bears mentioning the republicans and mitt romney has made a big deal of the prairie fire of debt, the fire and brimstone, the hell fires...

Extend the program here to give you the so-called tax break. it's a shell game and it is going do have to be repaid. >> in the end, it passed. lawmakers are now going on their president's day holiday recess, and we expect the president to sign the bill into law in short order. >> and they soon will. mike, thank you. fox news sunday anchor chris wallace is in washington. it has widespread support but the republicans saying it has to be paid for. it wasn't paid for so they gave up. >> absolutely. this is a triumph when we talk about republicans politics over policy, a lot of people don't think t...

Some common ground? >> democrats, look at the heart of it. the democrats say we won't cut a dollar a future spending unless you give us big tax increases on the tune of trillion of dollars. rep cans came up with tax reforms that generated more revenue that were in the hundreds of billions of dollars but the democrats said we will not cut a dime in spending unless you give us billions of dollars in tax increases. and look, here's what is going to happen as a result of the democrats unwilling to make any deal whatsoever. the automatic cuts fall on defense. $456 billion. that's the smallest part ...

>> molly: one more note. in order to make the wednesday deadline they are required by law to make its plan public and submit the plan to the congressional budget office 48 hours prior to a vote. so really that pushes the deadline for a deal to this coming monday. >> gregg: it does, indeed. molly, thanks very much. super committee has essentially until wednesday, maybe monday to cut that $1.2 trillion in spending, if they fail a series of automatic cuts take effect totaling $984 billion. they include, $454 billion in defense spending and domestic spending, $294 billion in non-mandatory spendi...