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fox news in washington. the president's debt commission holds its first meeting tuesday and his job couldn't be tougher. joining us are the two cochairs of the commission. gentlemen, let's start with the size of the problem. according to the nonpartisan congressional budget office under the obama budget plan by 2020 the national debt will be 90% of the u.s. economy. that is the highest percentage since just after world war ii. senator simpson, how serious a threat is that to the country? >> well, you tagged it with saying it might be the toughest job certainly that i have had andy 18...

the president's debt commission holds its first meeting tuesday and his job couldn't be tougher. joining us are the two cochairs of the commission. gentlemen, let's start with the size of the problem. according to the nonpartisan congressional budget office under the obama budget plan by 2020 the national debt will be 90% of the u.s. economy. that is the highest percentage since just after world war ii. senator simpson, how serious a threat is that to the country? >> well, you tagged it with saying it might be the toughest job certainly that i have had andy 18 years in the senate, i ...