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How do we fix it as quickly as possible? if you tell me drill that is way out in the future. second, what happened? why inj+sñ two years did it spie up so much? >> a lot of it has to do with speculations. we are not in a gasoline crisis because we don't have supply. speculators have speculated the cost up this is what swropbg with the overall investment situation -- this is what is wrong with the overall investment situation in america. people used to invest in tang able goods and products and services. now they make a bet on what a product might be worth. if they bet both ways they can't los...

How do we fix it as quickly as possible? if you tell me drill that is way out in the future. second, what happened? why inj+sñ two years did it spie up so much? >> a lot of it has to do with speculations. we are not in a gasoline crisis because we don't have supply. speculators have speculated the cost up this is what swropbg with the overall investment situation -- this is what is wrong with the overall investment situation in america. people used to invest in tang able goods and products and services. now they make a bet on what a product might be worth. if they bet both ways they can't los...

I'm not going to vote for any long-term extension of the debt unless there is a credible and serious plan to deal with the debt. >> chris: is a cap a serious plan? >> i don't know. i have not seen the details of it. i don't know how it works or if it would work. what i have to see is a comprehensive plan. i want to see the revenue system reformed. fundamental tax reform. i want toe see the spending side of the equation dealt with. look, we are right now we have the revenue of the united states is the lowest it has been in 60 years as a share of our economy. spending is the highest it has been ...

But what i have to see is a comprehensive plan and i want to see the revenue system reached, fundamental tax reform and i want to see the spending side of the equation dealt with, and, look, we are, right now, have the revenue of the united states is the lowest it has been in 60 years, as a share of our economy and spending is the highest it has been in 60 years as a share of the economy and we have problems on both sides of the equation and they need to be addressed. >> chris: senator graham? >> the way to fix the money problem coming to washington, is to create more jobs in the private secto...

Spending more than you're taking in, how do you fix that problem? cut spending, raise taxes. cut spending, raise taxes. those are the two basic tools you've got to fix the problem. and they are both pretty ugly little puppets. you can spin either one of them, aren't they hideous? you can spin them to sound better or worse, depending if you're for or against it in the first place. those are two options for dealing with an unpleasant money problem. wouldn't it be great if you could start to fix a money problem, if you could fix a deficit problem without having to do either of these things, witho...