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Mixing cuts in ord toer to avoid shutdown has been president obama's mantra. if they don't compromise on those issues are the republicans going to lose ground as the deadline nears? >> i don't think it's going to be about losing ground. the bipartisan national debt commission laid out a very good template. it says we needed $2 of spending cuts for every dollar of closure of tax expenditures. i think that's the model. we need $4 trillion, debt reduction over the next decade to have sustainable debt to gdp ratio to where our economy is growing faster than our debt. we already have $1 trillion. t...

It requires give and take on both sides. but when it comes to revenue, again, the exit polls were very clear that the american people think we should take a balanced approach, which as you know is the approach that simpson bowles and other bipartisan groups have done. so what we say is let's look at the models, the frameworks that have been developed by bipartisan groups and let's take their approach of mixing cuts and revenue. >> what's also very clear is that the public is very frustrated right now. many people feel that this effort could have been dealt with about three years ago. here we a...