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Limits? home mortgage deductions -- home mortgage detouks ductions. >> for higher-income people. >> you can guarantee no one making less than $150,000 will have a mortgage deduction? >> he keeps making you think it's a movie star, or hedge fund guy. >> 97% of the small businesses make less than $250,000 a year, would not be affected -- >> this tax is a million people. 1 million small businesses. >> does it tax 97% of the american people. >> maul businesses with the greatest job creators-- you are going to increase the budget. you are going to increase the defense budget. >> we are not going ...

Limits? home mortgage deductions -- home mortgage detouks ductions. >> for higher-income people. >> you can guarantee no one making less than $150,000 will have a mortgage deduction? >> he keeps making you think it's a movie star, or hedge fund guy. >> 97% of the small businesses make less than $250,000 a year, would not be affected -- >> this tax is a million people. 1 million small businesses. >> does it tax 97% of the american people. >> maul businesses with the greatest job creators-- you are going to increase the budget. you are going to increase the defense budget. >> we are not going ...

>> they do what they've been doing for more than 30 years. they're going to cut the taxes, way more than they cut spending, especially with that big defense increase, and they'll just explode the debt and weaken the economy. it's arithmetic. we simply cannot afford to give the reins of government to someone who will double down on trickle down. >> brian: you can't have it both ways. the day before senator harry reid saying tea party will take down the country because they cut too much. and it's fine, it's just a speech. >> it was the most boring speech i ever saw. >> brian: harry reid has yet ...

In the last deal. >> he would not guarantee that this would pass with republican support. >> the epa getting cut by 1.6 billion, high speed rail, aids prevention, defense increase though. that was the plus side. >> people from the left saying the president gave away way too much, 504 million cuts to women, infants and children's nutritional fund. >> it's unbalanced, and in that sense the democrats gave up too much. >> the president is also being asked to take on gun controls. >> the man who killed gabe and five others shot 31 bullets in 15 seconds. and that is what happened on january 8th. thi...

A lot of balls in the air there. nbc's chuck todd watching all those. thank you, sir. >> you got it. president obama managed to strike a deal with house speaker john boehner on the budget, but believe it or not, the votes still have to be counted in congress. we're talking about chapter one. nbc's luke russert joins mee live from capitol hill. and, luke, i guess we might think it's all over but there's some details, maybe the devil is in the details here, and some cuts that we were looking at p.m. t. the epa getting cut, high speed rail, aids prevention, defense increase, that's the plus sid...