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Prosperity. we have already done a lot of deficit retux. we are on a path right now where, you know, just recently the imf said we're doing too much too quickly. we should be doing more in the long term and less in the short term. i think that we have a composition question. the across-the-board cuts are not good for the economy, not good for the american middle class, not good for our national defense. we ought to be having a debate about the kinds of medium and long-term reforms to entitlements and tax programs, but we ought not to be talking about holding the country hostage again to a figh...

Won't raise the debt ceiling without real cuts in spending. >> so, you know, we've been through budget debates over last four years, and sometimes you get the sense that people are starting all over again as if we hadn't been through the last four years. we are not in the same place that we were in in 2011. we have seen several legislations enacted that have reduced the deficit very substantially. we are seeing the the most rapid reduction of the deficit since the end of world war ii when we demobilized. we're outperforming expectations in terms of how quickly we're reducing the deficit and re...