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From the white house. look, you better get on board. it's my way or the highway. we're going to move on to tax reform. nancy pelosi though came out yesterday with a bit of a zinger. you could seat fire this her ice. she said this is a rookie mistake. how do you put this to a vote you? don't have the votes. she said mr. president, you are a rooky. that's got to irk him this morning nancy pelosi calling him out. pete: if it doesn't pass, get what, obamacare is tattooed to americans going forward. clayton: democrats are not going to get on board with this at all. they are sitting back circular fi...

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The exact opposite that mitt romney is doing well in those battleground states. i think that's why obama is trying to define him right now. they are trying to put a doubt in the minds of those voters right now that he is the job creator and that he can fix this economy. i think that's what they're going with. i think that's why we see them double down on it. >> jimmy, you were trying to get in. >> chip said something interesting. romney owned a patch of bain. here's the problem. until 2002, romney was the 100% investor. he was the main stock holder. the only stock holder of bain. you can't own...

Clout, who you're going to have on the show right after me, grover norquist. he believes that raising this tax -- or letting this tax expire does not violate the pledge that people signed, even though raising the bush tax cuts, letting those expire, would. it's hard to understand the logic of saying one is a tax increase and one isn't. >> do you predict passage? >> well, i would hope we would pass it. i think it's very hard for republicans to vote against it given their past history of defending the tax cuts for the wealthiest among us. if they don't, if it doesn't pass once, we're going to pu...

You agree to the american people that it is not going to be a reality as much as you want it? >> i think it is a straightforward serious meaningful proposal to deal with the spending and debt issue at the same time we raise the debt limit and i think we have got to address the debt if we are going to raise the debt limit. there isn't another plan out there that does that. if it doesn't pass, then what is the next step? i'm not sure i know the answer to that at this point. but it has got to include some meaningful reductions in spending or it is going to be very, very hard, i think, to get any ...