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Compared to what? and a reasonable person would say, what would spending and taxes had been if the president had not acted. most will say that we will not continue to spend in iraq and afghanistan what we will have spend in the last few years. >> maybe $850 billion is too much, but zero is too little. >> it's a political document, right? and the president is using accounting fudge and all presidents have done that, it gets back to the point, it's not really a serious fiscal document. it's a campaign document. >> you and i both went in on the tax proposals, at them yesterday, and one thing they...

Interesting trek on capitol hill. bring in the panel. steve hayes for weekly standard. mara liasson and syndicated columnist charles krauthammer. you heard republicans saying this isn't a budget. it's campaign document. >> i think they're right. >> bret: what about what the white house says about the budget? >> this is an expression of the president's priorities. he has made calculated bet that the big concern for a full year over the deficit dissipated and people are more interested in fairness and keeping the recovery going, which is what he says he will do. to the extent he offers the defic...

Correspondent of politico, he's got a look at the playbook. >> for mika, happy valentine's day. >> thank you, mike. >> let's talk about the budget, mike, that mika has fallen in love with. president obama unveiling a $3.8 trillion spending plan, $4 trillion in deficit cuts over the next ten years, most coming by way of new tax revenue and savings from the wars in iraq and savings. that includes $350 billion for job creation, $476 for upgrade of the nation's transportation system. 441 billion for r&d and 70% of the proposal comes from mandatory spending, $2.5 trillion. the other 40% comes from ...

At this point. so we'll see how it turns out. the point is a big memorial coming to her hometown friday, or later this week presumably. that will be a huge, huge turnout. 20,000 fans maybe. >> the prudential center holds gon n prudential center holds and the battler hederal president obama introduced his plan for 2013 which is feres spending on jobs and transportation and new taxes on the rich. republicans called it nothing more than a campaign document, and they're preparing their own alternative. the president's version has little chance of being passed. >> gridlock on capitol hill. i can't ...

>> this is what you expect. it's all a campaign document and anybody who takes it seriously, except as a campaign document, is wasting their time. >> let's listen to what jeff sessions had to say about some of the things in the president's budget. >> we are on a debt course that is going to bankrupt this country. everyone is telling us that, republicans and democrats and economyists and the president's budget may cut a bit here but increases otherwise. he will announce new policemrog for students that will encourage their turn out. >> the college student program interesting. this is obviouslil...