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This budget balancing nonsense is irrelevant. >> jared, there's some dispute, the ryan team seems to be back pedaling on the question of are the obama health care taxes really in their budget or not? they're definitely there when you look at the revenue assumptions that they have, they seem to be claiming that no, no, i think we would get rid of tanning salon tax also. >> i actually believe them on that. i believe that in repealing obama care, they're also not taking credit for the revenue from the obama care taxes, and let me get back to a point i made earlier. you see, they have to raise som...

Economy. we know that when they did this in 2011, it produced the month with the lowest job growth. it meant that our credit rating got downgraded. so while republicans have spent the last couple of years saying we need more certainty in the economy, what they have done is put more uncertainty in the economy. that will hurt the economy. and in order to get their right wing tea party folks to even do that, to even extend the debt court of appealing to may 19th, they had to promise them that they were going to slash spending. and the only way to make the math work, i mean, paul ryan wants to tal...

Uncertainty hanging over the economy. we know that when they did this in 2011, it produced the month with the lowest job growth. it meant that our credit rating got downgraded. so while republicans have spent the last couple of years saying we need more certainty in the economy, what they have done is put more uncertainty in the economy. that will hurt the economy. and in order to get their right wing tea party folks to even do that, to even extend the debt court of appealing to may 19th, they had to promise them that they were going to slash spending. and the only way to make the math work, i...

To gdp by 2022 or 2023. then work the math backwards and how you get there, what can you agree on that has that math work. now, if we do that, everybody's going to be disappointed with some things. there's no doubt about that. >> neil: the art of a deal. >> yes, if we get to an agreement, america is going to be a happy country. >> neil: steny hoyer, you're a busy guy. we appreciate you coming here and giving a framework. >> thank you very much. >> steny hoyer. he came up with ideas and options. it's all about options.

Florida, colorado, north carolina. but he has that couple that with big chunks of electoral votes like virginia, ohio. that's the only way he can make the math work to get to 1270. >> great break down. john, thank you so much. and we were looking at video of mitt romney arriving in new york heading to hofstra university for the town hall debate tonight. we have that video for you here at msnbc. it started as a nerve-racking experiment, town hall debates. here's a look at the young tradition that started in 1992 by the numbers. first off, a zillion. the first moderator, carol simpson said the...