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An agreement. and i do believe in the end sean -- >> sean: but the agreement -- but an agreement. let me give you an example. i will use your words. you balanced the budget as governor. you ran on a platform and i agree with you, i think we ought to balance our budget. every american has to balance their budget. none of what we are discussing today or nothing in this deal will stop this country from borrowing 46 cents of every dollar or take away the $16 trillion in it debt that keeps rising. i don't think we are getting closer to anything that is really going to solve america's problem, are w...

And i do believe in the end sean -- >> sean: but the agreement -- but an agreement. let me give you an example. i will use your words. you balanced the budget as governor. you ran on a platform and i agree with you, i think we ought to balance our budget. every american has to balance their budget. none of what we are discussing today or nothing in this deal will stop this country from borrowing 46 cents of every dollar or take away the $16 trillion in it debt that keeps rising. i don't think we are getting closer to anything that is really going to solve america's problem, are we? >> there is...

Pledge can no longer be a conservative litmus test. >> when you're $16 trillion in it debt, the only pledge we should be making to each other is to avoid becoming greece. but i will violate the pledge, long story short, for the good of the country only if it democrats will do entitlement reform. >> but a bipartisan consensus to raise taxes grows, republicans insist they won't budge on kaepg the bush tax rates for the wealthiest at 33% and 35%. they've expressed more openness to raising revenue by eliminating individual loopholes and deductions in the tax code and believe they have public opini...

Country with their own currency such as the u.k. can devalue it debt through inflation. print more money. or governments can require or persuade banks and pension funds and other institutions to buy, force them to buy low-yielding debt. treasury bond. but there is a new idea to help you out. wait for it. you'll love this. a new idea what the government has cooked up to get us out of this mess. next.

Country with their own currency such as the u.k. can devalue it debt through inflation. print more money. or governments can require or persuade banks and pension funds and other institutions to buy, force them to buy low-yielding debt. treasury bond. but there is a new idea to help you out. wait for it. you'll love this. a new idea what the government has cooked up to get us out of this mess. next.