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Would kick into effect should no deal be reached. how do you feel about that? >> well, i'll tell you one of the reasons i voted against the debt ceiling agreement i saw how meaningless really it was going to be because the sequestration, the cuts weren't even going to occur until january 2013. the one congress can't bind hands of future congress. i didn't see it as serious attempt. i backed cut, cap balance. heather, in the end if we are going to get our fiscal house in order, we need a constitutional amendment that limits size of government in relationship to the gdp i think that is the best ...

not to waste their time on a symbolic vote due to happen very soon. i'm woft blitzer here in "the situation room." >> rupert murdoch says this is the most humble day of his life. a titan of news business, he was called on the carpet before the british parliament today over the phone hacking scandal that shocked and afalled the world. along with a son and former chief executive, murdoch was hammered with questions about alleged crimes that brought down his popular tabloid, "the news of the world." >> we felt ashamed of what had happened and wanted to bring it to a close. >> people lie...

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