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We have to significantly consult spendi cut spending and deal with entitlements. i respect the deal ryan has put out. i'm hopeful to mark up and show what the budget should be on the senate side. but the reality is in the budget control act, we've got caps. we've made progress in making some significant cuts in spending. we have to make more. i disagree with the values decisions ryan's budget makes, how it gets there, but we have to have a debate, we have to have a conversation. my hope is that this presidential campaign, after this long extreme season of, you know, cain and perry and bachmann...

Are just as good during the spring or fall. >> reporter: but in his 2012 budget, president obama proposes eliminating pell grants for summer classes as well as charging more for graduate student loans. that would save the budget $89 million over 10 years. bad news for dash. >> if pell grants weren't available to me, i'd probably be taking out student loans right now and be incurring some debt. >> reporter: that cut is one of the tough choices president obama says his budget makes. >> if we're going to walk the walk when it comes to fiscal discipline, these kinds of cuts will be necessary. >> r...