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In american elections. there has not been a repudiation of the party in power since 1938 since compared to what happened in 2010. >> were you surprised the president did not mention the tea party? >> no, i don't think he had any cause to. but i do think that the republican fears about having two speeches proved to be unfounded. they had a one-two punch. and i thought ryan gave the better speech, but she made some important points. but i have to tell you something, neither side has really given us a bold, courageous, road map for dealing with the deficits. both are playing with the edges. you c...

Movement. the fact of the matter is, it's a broad based group, which is responsible for a massive change in american elections. there has not been a repudiation of the party in power since 1938 since compared to what happened in 2010. >> were you surprised the president did not mention the tea party? >> no, i don't think he had any cause to. but i do think that the republican fears about having two speeches proved to be unfounded. they had a one-two punch. and i thought ryan gave the better speech, but she made some important points. but i have to tell you something, neither side has really gi...

Two speeches proved to be unfounded. they had a one-two punch. and i thought ryan gave the better speech, but she made some important points. but i have to tell you something, neither side has really given us a bold, courageous, road map for dealing with the deficits. both are playing with the edges. you cannot solve these deficit problems just by dealing with discretionary spending. you have to get into health care in a serious way, deal with social security, and nobody is willing to come up with a plan. >> president obama had that bipartisan presidential commission. is that just doa? >> the ...

I thought the failure in the speech came on the deficits. >> not enough about it? >> it wasn't serious. it wasn't -- it wasn't a serious effort to come to grips is what is a towering problem. he's holding back. i don't know why. i thought it was very cautious. he made some suggestions, implied things, but you can't feel very good about the fact we're going to solve these deficit problems after tonight. >> both republican responses were -- deficits were front and center. >> it has found its voice and we're being crushed by a deficit and debt. and if you add up paul ryan's speech and michele bac...

And one of the encouraging things -- although there was resistance, ironically on the part of some of the republicans who originally had been cosponsors of legislation to create the fiscal commission -- and they in fact ended up voting against it, what has been encouraging, based on what i am hearing, both from democrats and republicans, is that there has been a serious conversation there. people are looking at a whole spectrum of issues to exit at what is basically a structural deficit that preceded this financial crisis. even if the financial crisis -- made it much worse but even if we had n...