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And every year over the next decade. >> sean: and the president's planned spending will go up over 5% a year. >> that's right. >> sean: you have a difference how much you're going to increase spending. >> right. >> sean: so the difference over ten years, they'll spend 46 trillion dollars under the president's plan and you will spend 41 trillion. >> that's right. >> sean: so, and that is all he we need to do to get to a balanced budget? >> that's right. without raising taxes. >> sean: without-- all right, so the next big question is what about obamacare because that's obviously a key issue. i d...

Never balance a budget and add deficit upon deficit, we have a debt crisis like europe has, that means seniors lose health care benefits, that means people in the the safety net cut go in the streets. that means you have a recession. these are the things we prevent from happening by a balanced budget. balanced budget is a means to an end. it's growing the economy, opportunity, getting the government to live within its means. it's doing what all families and businesses do, which is make sure that you don't live beyond your means. make sure you give your kids a debt-free nation. that's what we'r...

Obamacare and would the house do that? >> no, because here is the problem: almost all of obamacare spending is in entitlement spending. we call that mandatory spending up here, continuing resolutions don't deal with that. they deal with agency budgets. almost awful the exchange spending, medicare, medicaid, that's outside of the continuing resolution. that's outside of what we call discretionary spending. all of that in our budget is outside of the purview of the appropriation bills. >> sean: what about when we hit the debt ceiling? because at that point the congress has the power of the purse...

And every year over the next decade. >> sean: and the president's planned spending will go up over 5% a year. >> that's right. >> sean: you have a difference how much you're going to increase spending. >> right. >> sean: so the difference over ten years, they'll spend 46 trillion dollars under the president's plan and you will spend 41 trillion. >> that's right. >> sean: so, and that is all he we need to do to get to a balanced budget? >> that's right. without raising taxes. >> sean: without-- all right, so the next big question is what about obamacare because that's obviously a key issue. i d...

>> sean: that's not fair. come on, give us a scoop. >> no, i want to be fair to the conversation, which is i told him exactly what i thought. >> sean: you did. >> and i told him-- absolutely. this is the first time i ha've e ever had a conversation more than two minutes with him other than on television, never had a lengthy conversation with him other than this moment. and i thought starting a relationship if that's what we're doing, candor is the best way to go. and i told him precisely what i thought, what i thought of the rhetoric, of the policies and why it is we're doing what we're doing....