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Forced 120 billion in automatic cuts plus raise the debt ceiling, these meetings are extremely important to see, based on the dysfunction we've seen on just about everything this year, whether or not there's a real pathway to prevent what would be a very real fiscal crisis guys. >> it's interesting to hear republicans at this point talking about controlling the debt and the deficit. mulvaney, a total deficit hawk in congress, and when you've got it going through the roof under this president. we'll see -- we will see what actually happens. but again, that is a real crisis that they are facing....

>> talking about priorities, one thing i have been harping on for quite sometime is like is there a deficit hawk left in washington. you have spoken out often and loudly against run away spending in washington. you have taken tough votes to stand on this principle. when you see there is really no attempt at balancing the budget in this budget proposal, it would balance the budget in 15 years well after even a second term of president trump, how do you support it? >> you know, that's where when we broke with our party on the budget deal. i agree that the deficits are becoming a problem that is ...

>> the vast majority of stock is owned by the top 5%. it is true that a lot of americans bought a very tiny amount of stock indirectly but the fact is that when you increase the deficit by $2.3 trillion, that's an additional debt -- >> laura: so now you are a deficit hawk? >> i'm against -- >> laura: i am too, by the way. you guys were against budget caps. you didn't want to do the budget caps. obama was dragged kicking and screaming for the sequester caps. i was all for those. a lot of big spending. >> the level of spending is consistent with the levels it was under the reagan administration....

>> it is complicated. i think the health insurance industry employs like 500,000 people in the country. >> correct. it would not be cheap. bernie sanders' medicare for all proposal estimated cost $1.3 trillion per year. >> neither party can claim the mantle of deficit hawk anymore. coming up, a sharp and rare rebuke against president trump from an unlikely source, senate majority leader mitch mcconnell. around here, nobody ever does it. i didn't do it. so when i heard they added ultra oxi to the cleaning power of tide, it was just what we needed. dad? i didn't do it. #1 stain and odor fighte...

Is maybe a deficit hawk. that's not my lane in the party but there are still moderates in the party. run and show your ideas. i would also add, though, even people who are afraid of him because of all the money. >> he can afford to self fund. >> he can afford to self fund. he was terrible on "60 minutes" last night. some of us remember that poor ted kennedy doomed his '80 campaign with a terrible "60 minutes" performance. howard schultz on "60 minutes" should have had a triple latte before he went on. all day we've been contrasting his rollout on "60 minutes," not official, with the energy of ...