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Quote, tax refunds. >> the democrats want to fold the debt ceiling into the year-end fiscal cliff negotiations. but as you pointed out, i mean, this debt ceiling is, $16.4 trillion that you are going to exceed and they will use, quote extraordinary measures or tools -- >> that's cooking the books. let's face it -- if you don't have any more money and you -- you have no more money and you can't borrow, you have no credit and you can get an extra two months, that means you are cooking the books. >> republicans have said, we are willing to work on the debt ceiling, all of those things. but we hav...

Haven't done anything to solve the problem. you can raise taxes on the rich. what if you gets the revenue fund the government for less than a week. >> people don't realize, in the fight over funding, taxing the rich, it is not going to change our problem, at all. >> it does. it's a short-term, it sounds popular, politically, maybes. but it doesn't solve the problem. the american people want us to solve the problem, that requires presidential leadership. >> one quick question, we have a new member of the south dakota hall of fame, your father. that's some good news. good for your father. >> yea...

>> greta: if i was 18 or 19 years old, i wish, why in the world would i buy healthcare? because i can pay the penalty of about $700, and should i get sick i can always go out and buy insurance because i can get it for a pre-existing problem. >> exactly. >> greta: and if i don't buy into that pool, that reduces the entire pool to keep the cost down for everybody. >> bingo. where he need the young involved in the insurance pool to help pay so it spreads the cost outright. they're 31% of the market. 40% of the uninsured in this country are 18 to 30 years old, 18 to 34. okay? let's take the case o...

It doesn't change that. i don't understand why they don't care about that? >> now democrats are saying social security should not be on the table. some democrats say medicare should not be on the table. republicans aren't going to give away taxes, whether it's rates or withholdings unless they get meaningful entitlement reforms. >> i think for the piece of the tax fight that matters here it's a matter of principle. >> greta: it's called grudge. >> no. it's called winning. he campaigned on this around the country. to back away from that -- >> greta: even if he gets it, it's doesn't the problem....

So it should be a nice photo op and everything, but won't get anything done. also the president campaigned on a platform of raising taxes. that's kind of unusual that he did it, and he won. so he already has a victory to say, look -- >> greta: he has a victory, but we still have a fiscal cliff problem. he may have his political victory, but we still have the problem. >> yeah, we do, but congress has a nasty habit of procrastination, and this is no exception. you need christmas, exhaustion to play a role here, where members are tired and want to go home to get christmas gifts for their families...