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a string of delays the house narrowly passed speaker john boehner's version of a debt reduction bill. >> i stuck my neck out a mile to try this. to get an agreement with the president of the united states. i stuck my neck out a mile. and i put revenues on the table. in order to try this. to come to an agreement to avert us being where we are. a lot of people in this town can never say yes. a lot of people can never say yes. this house has acted. and it is time for the administration and time for our colleagues across the aisle, put something on the table! tell us where you are! [ che...

That may be the end of the day if the commission can't come up with a debt proposal that makes sense. one more point on gingrich, the politics of this as a candidate, what else did he say during our interview sunday, the number one challenge he has as a candidate is maintaining discipline in the course of the campaign to stay on message and not do the kinds of things that have gotten him into trouble when he's been a quote-unquote analyst, here he is within two days apologized to a key number of the party. >> of course, you trapped him into saying this. >> richard haass, this bodes badly for t...

Eventually, because that's the way negotiations are. you have to compromise, especially with something like this where john boehner on the other hand is saying we are going to cut spending, and he gave the marker and exactly what he means for the first time tonight, but he also said it's irresponsible not to increase the debt ceiling. he made clear to the people on wall street as he had here in washington as he had across the country, congress is not going to let the united states default. but there has to be some giving room there. >> the treasury department the president wanted a clean bill....

Political analyst gloria borger, dana bash, senior white house correspondent ed henry and from new york anchor of "your bottom line," christine romans. we've got a framework. he's talking of cutting $12 trillion over -- cutting $4 trillion in the next 12 years. what will he go into? >> he'll go into the specifics. his aides are getting ready. they're going to be spelling it out in much greater detail in the coming hours. there will be a lot of specifics and a lot of contrast between what the republicans unveiled last week when republican congressman paul ryan, the dharman of the house budget c...

Seemed to dig in instead of give in. >> this is fairy dust. >> they blasted the debt proposal and vowed unless republicans give in on the tax rates, president obama let the nation fall off the fiscal cliff. >> republicans need to acknowledge reality here. rates have to go up. earlier in the presidency, obama warneded it could hurt the economy. >> the nation is no longer in recession. and american manufacturing contracted in november for the first time in three months. the president is concerned enough that he proposed tens of billions in new stimulus spending in the debt talks. >> what is the ...