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It didn't work and now we have this across-the-board cut in defense and discretionary and you can't -- they can't -- don't have flexibility. and -- it is really going to bite and it is -- it is a ridiculous way to govern and i'm -- i'm hoping for two reasons that we can come to a settlement. one, because we should just from the point of view of the substance of having more rational budget but also just to prove to the american people we can do our most basic job. i think it is almost more important that we do something than what the details are. just to show that, you know, for the first time ...

For one dollar for debt limit increase. you balance the budge net 10 years without raising taxes. the republicans aren't giving this up any time and neither are democrats. megyn: do you see irony that the president wants to eliminate congress from raising the debt limit. when he was a senator he said in part we are debating raising a debt limit and he said this is a sign of leadership failure. increasing america's debt weakens us domestically and internationally. washington is shifting the burden on the backs of our children and grandchildren. america has a debt problem and a failure of leader...

>> if you are voting on a budge net the senate you are going to vote on tax increases. but in an election seat it's tough to take. >> they don't want their fingerprints on a plan. >> the democratic chairman of the senate budget committee argues little progress can be made in an election year and harry reid could avoid a vote because it would have taken 60 votes to bring a budget to the floor. the par limb -- but the marley men tearan has ruled it only takes 50 votes, not 60. >> the parliamentarian can't force them to do it but she said you have to do it. >> reporter: so they could

Congressman paul ryan's budget plan. democrats are fuming. they are making it clear there is no way they will pass this. what is their plan? they haven't had a budge net three years. our next guest lays out some of that for us. bill: there are calls for eric holder to step down. what is next for the attorney general. >> do you believe you are capable of running the top law enforcement agency in this country? >> if you look at everything i have done in this tempt the past three years and you look at the department the state it was in when i got here ... -one. -two.

dan wheldon, leaving racing fans in shock and grief. i'm wolf blitzer in las vegas, you're in "the situation room." we are now in las vegas with the republican hopefuls will face off tomorrow night in the western presidential debate. it comes at a pivotal point in the contest with herman cain now near or at the top of the various polls. but he sparked an uproar over the weekend about a controversial remark about immigration. a very sensitive issue here if nevada. cnn's jim acosta is with us. this is a big one here and in a lot of other states as well herman cain said he made these co...