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Snag here, megyn. when he says cover the cost after owl federal programs by 2015, the president is excluding interest on the debt which in that year alone is $520 billion. half a trillion bucks. but even if you don't count that, it is still hard to bring the rest of the budget on balance because so much of our spending is on autopilot. listen. >> almost three-quarters of federal spending is either on net interest, the military, social security, medicare or medicaid. and if you look at each of those, it seems unlikely we're going to cut those. >> reporter: and if you don't cut those, megyn, the...

Stake. we're spending $5 for every $3 we take in. >> reporter: obama would double the national debt to staggering $20 trillion in ten years, which is why some say we're headed for a cliff. >> thwilthere is the grand cany. we're going to hit the accelerator. you should hit the brake and turn the car around. >> reporter: what to do? president obama has a debt commission to report after the fall elections. >> i'm asking them to produce clear recommendations on how to cover the cost of all federal programs by 2015. >> reporter: when he says, "cover the cost of all federal programs by 2015," the pr...

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To the supreme court. two other judges found it is okay . wait and see what the supreme court does. constitutionality aside, democrats have two things. they are going to say number one. you are trying to stop children with preexisting conditions from getting medical care . play to the, motion . the president's plan reduces the deficit and throrf republicans are trying to make the deficit bigger by effectively repealing health care. >> i will say the congressional budget office under doug elmon dorcame up with the most ridiculous conluted colcalation in how this only costs a trillion dollars . ...