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You can do it in the senate with obstruction. in boehner's caucus, this guy must be lying, don't have the votes. we know he does. won't bring it to the floor. the bare majority, though they lost popularity in the house, works. we have systemic problems underlying it. what was most interesting about john boehner's staements tement. he doesn't believe it. several as go. he said the opposite, not deficit cutting, it was obama care. the deficit has been cut by half, the president said today. >> let's go to more what the president said in his news conference. he talked about the concept of ransom, ...

Risk. melissa harris-perry is coming bernstein. up next. we'll see you here tomorrow at heather mcgee. 8:00. josh barrow. thanks for getting up. all business purchases. and lauri montgomery. josh, i guess the striking thing to me about what boehner said is you have this story in the "new york times" saying wall street investor class is saying austerity isn't working the deficit cutting in the last four years isn't working it's harming the economy. if that won't move john boehner so you can capture your receipts, or republicans what will? and manage them online with jot, >> nothing. the latest ...

To $4.5 trillion of deficit cutting to stabilize the debt to gdp ratio of the u.s. david is saying he thinks it needs to be well more than that because he believes that economic growth is going to be much worse than what the cbo or others have predicted. but if you take simpson-bowles that you need $4.5 trillion, we've done half of that already and this, if you passed it, would go more than what was in simpson-bowles. i think it's at least a perfectly good starting point. >> david, what do you say to people who argue you've been crying wolf for a long time and the wolves haven't come. the bond...

First took over at the council of economic advisors. is it fair to say that this doesn't deal with this huge problem of public debt? >> no, i don't think that's fair. now, you've got to note, david is coming from a different place than what the debate between democrats and republicans are. so, when he's saying it's just a pin on social security, you saw several republicans in congress come out and say it was an unconscionable attack on seniors. this partisan environment in washington that has prevented anything like a compromise from even getting put on the table. >> but, austan, is it fair to...

A way, this is who he has been all along. i think he rather find other ways to cut the deficit, but he is a person who campaigned on deficit cutting. and a lot of progressives didn't hear it. they didn't want to hear it or believe it. in 2008 he talked about it. his first month in the white house in 2009 he held a fiscally responsible summit. he said and he was deficit trimmer. does he want to change social security idea deally? >> no. does he think it's necessary. he does. it's not what progressives want to hear. >> jim, pretend we're in an alternative reality that this has a chance to become...