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Week. another $4 billion. then $2.5 billion brought to the table today by the white house. i know this is in the weeds here. but that is how they are getting to halfway to the republicans' cuts. $51.5 billion. okay. there is the math. they told us there would be no math. let's bring in the panel. jonnah goldberg, at large eder to. and erin billings, deputy editor of roll call. syndicated columnist charles krauthammer. jonnah, both sides are guilty of what we will call "fuzzy math" on the cuts, the total cuts. but for the negotiations to start, and the vice president to essentially be bringing ...

Are republicans or because they are conservative. i'm not a fan because i just s disagree fundamentally with some of the rhetoric, the angry rhetoric that they have used to rally americans. that said, look, if the republicans want to go back to a 19th century model of small government, less taxes, fine. we, meaning the government, inherited a mess that the republicans created. >> stop that. you've got to take responsibility now. it's time to take -- >> we will take -- >> enough. it is time you guys stop this. >> bill, bill. bill. >> he's been president a long time now. >> go tell that to the r...

Vat tax, which will affect everybody in this country and really just cripple the economy. the cbo came out recently and reestimated the fuzzy math and said next year, our deficit would be $1.4 trillion, rick, that's $75 billion more than projected. this is unsustainable as bernanke said. >> dick, let me give you the last word and all of that spending, as we look at these deficits that go up and up and up. >> i think president obama said clearly we're going to have to raise the taxes on people that make more than $250,000 a year. not middle class folks, but folks who have gotten a huge break fr...

Yeah. that may be confusing, you know, given the fact that g.m. lost $4.3 billion during the second half of 2009. now, i don't know how you pay back gigantic loans when you are losing money hand over fist. but somebody does. tarp special inspector general neil barofsky is shedding light on ed's fuzzy math. here it is. >> if there is any money left in that account after a certain period of time, it has to be used to repay the debt. basically what g.m. is doing is pulling back forward and taking the money out of the tarp capital facility and using it to pay off the debt. >> glenn: oh. i see. oka...

Yeah. that may be confusing, you know, given the fact that g.m. lost $4.3 billion during the second half of 2009. now, i don't know how you pay back gigantic loans when you are losing money hand over fist. but somebody does. tarp special inspector general neil barofsky is shedding light on ed's fuzzy math. here it is. >> if there is any money left in that account after a certain period of time, it has to be used to repay the debt. basically what g.m. is doing is pulling back forward and taking the money out of the tarp capital facility and using it to pay off the debt. >> glenn: oh. i see. oka...