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Want their voodoo to be done to them. you can argue, i think correctly, that republicans are very -- you know, they're not ready to take heat on taxes, but the democrats aren't ready to take heat on any kind of broad-based taxes or on spending cuts for real. >> actually, that's not true, mike. you know that. a broad-based tax is exactly what the president and democrats proposed. we said let's go back to the same things in place for the clinton administration from the very top -- >> that's not -- [ everyone talking at once ] >> no, no. everybody making over $100,000 -- [ everyone talking at onc...

[ everyone talking at once ] >> that's over $700 billion. that's a big chunk of the money. now look, the bipartisan groups have said you need balance. if you want to come to the table, we have a forum. the vice president's leading some talks. the republicans have said that they're not going to deal with revenue as part of that. democrats have said we're prepared to deal with the cuts, we're prepared to make cuts. >> on the entitlement side. >> it's a two-way street and -- >> let me ask, congressman -- >> goes one way and the republicans go the other way -- >> let me get in here for a second. i...

Same period or four times what the president is proposing. and it did it by very aggressive action. not only on the discretionary side, where they suggested more significant savings than what the president has proposed, but also on the entitlement side which is where most of the spending occurs. 60% of federal spending is entitlement spending, only 50% is nondiscretionary. if you're going to fix the deficit problems, you've got to go where the money is, and that's in the entitlement accounts. >> what are some of the viable options that this president, you know -- it's being reported there are ...

Come forward, why not you guys come to the table with a plan on entitlements now as well. if you say the president is not leading, then lead. >> republicans are leading. kelly did a report talking about this year's spending this is not what's going to happen in 10 years. let's have reductions right now. >> this is not entitlements? let's be real about this. a huge part of the budget -- >> it's leadership. on the entitlement programs, i believe that. the fiscal commission that the president used as a way to say let's not make the tough choices, the commission comes out with specific recommendat...

Calendar. we hear the politicians pushing their talking points each day on this matter. what you are hearing inside washington, d.c., there's the sense of how close the president and the speaker are to reaching this agreement. as eleanor points out, they are wanting both sides to feel the other's pain. >> thomas, it's funny you mention december 21st. that would be an ideal scenario. it's not that surprising if we are here talking about this on december 31st. they have to get through so much stuff. everybody is talking about the tax rates for the upper 2%. there's so many other issues they have...