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Everyone can agree with it. the question is so what. what do we do about it? >> that's the argument. >> that is the argument. it is also a fact that when debt and deficit continue to grow government has less and less room to invest. that's why you are having so much trouble dealing with the sequester which just factually is $110 billion a year which is .3% of our annual federal spending. and yet, people are consumed with angst about where to you cut -- >> crowding out when we have 2% interest rates now? we could be doing really good infrastructure, people buy cars, when interest rates are down...

Senate democrats are calling for new tax hikes and spending cuts. boehner says i'm not going to negotiate with the white house any more. let them come to us with a plan. is the president going to have to get involved in the final hours like before? >> the president is not only -- has been involved right from the beginning on this. the question isn't whether we're going to insist on some position because that is the right position. we will insist on doing this in a balanced way. why does it have to be balanced? because that is how we will ensure economic growth continues and job creation we hav...

The gallery but the floor as well. i think that resonates throughout the country. i think people are demanding that something be done about this gun violence. we can't continue and do nothing when we have 20 first graders die in their classrooms. >> you have an incredible amount of moment tim. -- momentum. mike bloomberg, mayor bloomberg, on of the said gabby giffords getting shot doesn't do it if aurora doesn't do it, children being massacred in newtown, nothing is going to cause the needle to move and yet you're getting well aquantitied with the tough politics on this issue you even on the d...

The dysfunction of washington. you asked the question if he led the president of the united states on immigration, would that be acceptable? he said absolutely not. the previous statement he said he needs to lead in terms of sequestration. you have to have two parties in a negotiation and willingness for both parties to reach an agreement. that is self-evident the president recognizes working with this congress is difficult. that said, the idea that hagel is not qualified is rather offensive. you noted the 2000 speech of senator mccain but in 2006, this same senator mccain said he was qualifie...