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Under all the other budgets and compromises that have been put forward in washington, instead of having a rapid move to austerity when the economy is weak and rising deficit when the economy should be getting stronger, which is exactly what you don't want, you would have slower move to austerity, more support for the economy the next couple years and lower deficit at the end of the next ten years which is what you want to see. even if you're a true deficit hawk, we could be doing a lot better than we are now on the deficit caps. we are just doing it in exactly the opposite way we should be. >>...

Recovery, and we should be. >> i completely agree. the problem we are going to confront is because we had this drastic deficit reduction and disaster hasn't hit the economy, washington will think you can cut the deficit and it will hurt. what we will never know is where will our economic health signs be today if we hadn't done that, how much healthier would we be, how much lower would unemployment be. >> this is the key issue in washington, can't get anyone to consider that, can't get people to say what would unemployment be without the stimulus. can't get people to say what would the year 201...

Budget, the democratic budget. it is coming down in the wrong way. you look at the reestimation, i imagine every time i say it, ratings spike up. you look at that, what they think happens in the next decade, see deficits fall rapidly next two to three years, then they begin to rise slowly the rest of the period. under all the other budgets and compromises that have been put forward in washington, instead of having a rapid move to austerity when the economy is weak and rising deficit when the economy should be getting stronger, which is exactly what you don't want, you would have slower move to...

In fact for the next ten years it will be in a sustainable place. >> with another day of meetings with both democrats and republicans on capitol hill that sentiment may create deeper division with deficit hawk that says democrats plan to raise taxes almost a trillion dollars over the next decade are simply a deal breaker. >> i love to hear the president's answer as to why he doesn't believe we have a debt crisis or why he doesn't believe we have a spending problem. >> there is the matter of the white house tours. who ordered them closed for budget cuts. the white house initially said it was th...

Plan. he keeps all of the costs control, so he keeps the $700 billion in medicare cuts he ran against, and i think what a lot of people don't recognize is he also keeps the new taxes in the president's health care plan. the part he gets rid of is the care in obama care. he gets rid of the spending in it. if he didn't do those two things, get rid of the spending but keep the cost controls, he couldn't get anywhere near balancing the budget and he also couldn't pass those two policies. new taxes and medicare cuts within the next ten years. over his own conference. so he's actually piggybacking o...