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Cuts pay for themselves? >> they do not. >> leader boehner, he puts it right to you. >> the only way to get our economy going again and solve the budget problems is to get the economy moving, get more people back to work where they can care for their own families, and begin to expand the tax rolls to bring more revenue for the federal government. what we have to do is we have to get our arms around the spending spree that's going on in washington, d.c. >> you're not being responsive to a specific point, which is how can you be for cutting the deficit and also cutting taxes as well when they're...

Alternatives, the president is back to the old saw that republicans have no ideas. that's the reason his approval rating is plummeting. >> the reason he appointed the debt commission was because some senators who supported it, mostly republican senators, abandoned it. so they couldn't pass the legislation which would have a debt commission with teeth. >> i think there's a real concern, though, about going back to andrews air force base again. back in 1990. everybody gets all worried about spending and deficits and debt and all of a sudden they come back from andrews air force base with a tax i...

Moratorium is far worse than the spill itself? >> if there was another accident of equal size, we didn't have the equipment to respond. we had over 6,000 vessels, we had private citizens in this effort. if another accident occurred, we did not have the ability to respond. that formed a basis for putting a pause on drilling while we looked at the safety, while we looked at how to contain it ultimately and then clean it up. >> final question here. the president said in his address to the nation this about climate change legislation. >> the tragedy unfolding on our coast is the most painful and p...

And we offered to work with him to enact the resignificanckct i. why don't we stop spending. secondly, we need to make sure we get all the t.a.r.p. funds back to pay down the deficit. why don't we put a cap on discretionary spending at lower levels than today? it's time to stop the spending spree in washington, d.c. >> the president, of course, has called for a cap on discretionary spending. >> i'm talking about a real cap. like at 2008 levels and not 2010 levels. >> let me ask you about a couple our topics including charlie rangel. there's news there was a deal being discussed and republicans...

But i think that we're risking 100,000 jobs in the gulf coast with the continuation of this moratorium. and i do believe that there are enough practices in place, enough safety precautions in place to allow this drilling to continue, because if we're serious about moving toward energy independence, we need to do all of the above, which includes exploration for more oil and gas in the united states of america. >> there seems to be some bipartisan agreement about this point when it comes to the gulf oil spill and the permits, there was a failure of regulation. whether it comes to the wall street...