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The only way to avert things? >> i'm not in favor of patchwork solutions to a macro problem. whether it's capping deductions or raising rates, entitlements are an issue and we got the deal with entitlements, two-thirds of all federal spending and discretionary spending is part of the problem. all three have to be addressed in a macro plan or you're not going to solve the problem. >> i want to ask you a quick question on susan rice. do you believe the benghazi incident disqualifies her to be secretary of state? >> it will prevent her being confirmed until the white house comes forward with the ...

It was lowered to 28%. we can take that approach again. >> you know, you brought up the fact that you are in real est e estate. one of the items that will be on the table is the mortgage deduction and one of the kr criticisms that the white house had, for instance on the boehner plan, is there were no details there on deductions. how do you envision just dealing with the mortgage deduction tax credit? >> well, the idea that i like the most is by capping deductions in the aggregate so you don't pick on one deduction or itemize deductions for mo mortgage interest or for charitable deduction but ...

Remarks, whether he was out of line or he was on the mark in just a couple minutes right here. as lawmakers face off over the nation's fiscal crisis. to claim the president's insistence on raising taxes on the wealthy is not about money or tackling our debt or deif i side --our debt or deficit issut about embarrassing republicans. >> you saw secretary geithner over the weekend on sunday shows very clearly express the president's position, talked about the proposal the president has put forward and express our belief that there has been progress and that we can achieve a bipartisan agreement. m...

Nightmare situation. it could not be a cleaner case for republicans defending only the tax cuts for the top 2%. this is very clear. mitt romney tried to parse it and say, well, maybe we'll get revenue from capping deductions. maybe we'll go after the mortgage interest or some other deductions. that was litigated. they lost. it's simple and clear to everyone that 98% of the tax cuts could go through tomorrow, today, any time if boehner got out of the way. but he still has the rejectionists in the lame duck caucus, and i think he's a little afraid the right flank might come at that speakership h...

But this whole thing here, i think boehner has never accepted the fact that the rates have to go up at the top. there's something about deductions and all this finesse. they lost the debate. if there's any issue that came out of the campaign, the president is dead right on this, he made his case clear. the polls show it. the public wants to have some tax fairness. they don't want the top 2% to hold this thing up. boehner doesn't want to hear that. why not? is he unable to hear it? does he not want to hear it? he afraid of the people in his party that won't let him do what he wants to do and ha...