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Deficits for as far as the eye can see. listen, washington's got a spending problem, not a revenue problem. >> joining me now are richard wolffe, the executive editor of msnbc.com and an msnbc political analyst, and robert reich, former labor secretary and a professor at the university of california berkeley. he is also the author of "beyond outrage." richard, i want to go to you first here. the president talked quite a bit in the election cycle. >> quite a bit. >> he did, period, about the fever breaking amongst republicans in congress . >> yes. >> it's been quite feverish of late, which is t...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

A labor secretary and now a ethics professor. he is author of "beyond outrage" let me start with you. by asking can they keep saying these same lines even though we know how destructive the cuts have been? how do they keep running the same line? >> they learned an important lesson, that if you tell the same big lie, and you have enough money behind the big lies, people start believing them. they believe the bush tax cuts need to be extended because they work so well in 2001, 2003, and after that. the fact of the matter is they poked a huge hole in the budget deficit, and instead of creating a ...