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That would be huge. there s also the spending equation. that s base line budgeting where every government agency increases spending every year. if you reduce the rate of increase you re evil and cutting money for seniors. when are we going to get that part of the budget under control? what would you do on the first thing is i ve always advocated for is a balanced budget amendment to the constitution. we came within one vote in 1995. the senate was within one vote of passing it and one republican switched it. who. mark hatfield. i called for his resignation as the chairman of the committee. that s how passionately i felt about it. it was a betrayal to the american public. i believe we need to do reform. ....
Fast forward to today, the various fiscal cliff proposals on the table fall far short of that, but even the minimal cuts the president has offered, less than a trillion dollars over ten years are not really cuts, at least not in the real world. that s because unlike any family, or any business, the government uses what is called base-line budgeting, it asserts that every year the federal budget will increase. so any proposed reductions are only a slowing of growth, they are not real cuts. this is not theoretical, this is not a khrat room exercise. you can look at european see what happens if we continue down this path very much longer. that is a place we don t want to go. reporter: why doesn t the federal government use zero-base budgeting that people in the real world use? the reason is because they are not responsible for raising the money the way the private sector does. they can actually go to taxpayers and say, pay up or go to jail. reporter: and there is another reason. e ....