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House saying no, that law that we signed last august, we're going to disregard that agreement and try to cut a new deal. bill: i understand the argument you're making. i got you. a deal is a deal. but why not go for more? you think voters back in virginia would be offended if you cut into the $15 trillion debt? >> as somebody who put together the "gang of six", as somebody who said let's two ahead and have a balanced plan, cut back spending, raise revenues through tax reform, cut 4 trillion dollars off i would rather get out of tit-for-tat, back and forth political stuff. i don't think we need...

Defense budget has cut back spending in virginia. when you look at newport news, you look at norfolk and so forth, there are a lot of military families hurting right now. >> we talk about the multiple ohios, but there are multiple virginias, right? one part of virginia is that little snuggle to washington, d.c. that's very different than the tidewater area with the military question which is different than the other part. i want to look a little bit at the other virginia. eric cantor. just this morning, house majority leader, eric cantor of virginia endorsed mitt romney. let me play you that m...

General even when he's in the primary, gretchen. >> exactly. he's been the slow, steady candidate who hasn't had too many fumbles but look, we're in a position to where we want someone to take this government that we currently have and get it out of the red. we're $15 trillion in debt. he's had a history of doing that. he's a businessman. he knows what needs to be done in an environment like this, to get things going. to get the economy moving, to get us back spending in the black. >> ok, now doug, i'll bring this to you. you pollsters love this question. are things on the right track in this ...

pain of the unemployed temporarily. some will put people back to work. but they do not make for a complete solution. yet it's a start. as long as congress passes the bill. while the politicians bicker, many americans have no place to live. as many as 1 million people may have become homeless during the recent recession. with some living in tent cities like this one near st. petersburg, florida. these are people who used to have solid, middle-class jobs. what's more, almost half of america's unemployed have been out of work for six months or longer. they are in danger of becoming a lo...

Again, the former governor putting off future entertainment projects on hold. and not much interest in taxing, whether taxing the miles you drive, or the internet, or consumption tax, or dropping the deduction on mortgage interest, whatever, no shortage of ways to sock it to you but a shortage of ways to save money. and now, my guest says he is not surprised. here we go. again and again. >>guest: exactly. this seems to be no real attempt to pull back spending which is absolutely the problem. if you look at under current law the revenues we will collect more revenues than ever in a couple of ye...