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Raise taxes, people say i don't want to do either of those things. something has got to give. >> something has got to give for us. we'll do more tomorrow. that does it for us. tomorrow, of course, live coverage of president obama's big speech at george washington university. plus, interim democratic national chairwoman donna brazil joining us. and my colleague tamron hall has a look at what's next on "news nation." >> orrin hatch will be targeted by the tea party for his past willingness to work with democrats on key issues. well, he's going to join me live along with democratic congressman em...

Thinks we should go in one direction, a democratic administration that thinks we should go in the other direction and an evenly divided senate. it wasn't easy to get what they did, i think they accomplished something real and the government didn't shut down. >> we're out of time, vin. i got to give you just 30 seconds, 15 seconds to say you were -- you were a mitt romney guy last time. tim pawlenty now. you're family, minnesotan. >> a great guy and a great governor. he was the first conservative governor in minnesota in my lifetime, the guy that can best unite the republican party and he's a p...

Tax increases. they brought it down to 28%, but made it deficit positive by raising more money than the current system, but by changing the charitable deduction, home interest mortgage deductions. i don't know that has much of a chance. but if the president says he wants to tate maximum rate to 39% and if you contrast that with the 28% of the deficit reduction commission, i don't know how you bridge that. that's very, very hard. on entitlements, you cannot go to where ryan is on the medicare. you cannot privatize medicare. you cannot block grant medicaid, you would have a revolt inside the dem...

Acceptable to democrats. but it is not going to be easy and has to be negotiated out. >> i believe what the president is going to do is go with some very specific medicare cuts, some specific program cuts, not privatizing it, but question change this part of medicare, that part of medicare. >> will that be enough? >> i don't know. that's an opening salvo. >> part of the problem with health care reform is not just that it is politically difficult, it is substantively difficult. we're not sure how to reduce health care spending. so you've got to -- if you come up with a credible set of changes l...

He has on tax cuts for the wealthiest americans. paul ryan's budget proposes big tax cuts for wealthy individuals and corporations. those add to the deficit in the short-term, even if you're a supply sider. you have to see that. the president has to figure out a way to try to win the fight and say i'm for raising revenue from the wealthiest americans. he couldn't win it during the lame duck session, couldn't win it over the past few months in trying to reframe the issue. the only way there is going to be deficit reduction is if there is tax increases, and entitlement cuts. the president is goi...