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that we seek. the question is, how do we reach that goal? and i am convinced that there is no shortcut to the end of a conflict that has endured for decades. peace is hard work. peace will not come through statements and resolutions at the united nations. if it were that easy, it would have been accomplished by now. ultimately, it is the israelis and the palestinians who must live side by side. >> immediately after that speech, the president met with israeli prime minister benjamin netanyahu who called the american position a, quote, badge of honor. the president meets this evening w...

public. is this a referendum on the obama presidency? >> there had been polling done ahead of this election and it showed that the economic recovery was the number one theme. the fact that bob turner, who was a former cable tv executive, has never been a politician before, although he's run in some other races. the fact that he could beat a democrat in this district where the democrat was really expected to win this race easily until the past few weeks. democrats became increasingly nervous. this is a district where democrats outnumber republicans 3-1. it's not as liberal as many peo...

split, 6-6 along party lines. they'll have until thanksgiving to come up with a package of cuts and/or taxes to get the $1.5 trillion. now, congress would then vote up or down on the entire chunk. they have to vote. but remember, the supercommittee was set up to do what congress and the white house failed to do. keeping them honest tonight, it's not like this is the first time politicians have decided to set up a committee to do what they themselves have failed to do. in targets we have all been to this rodeo before. >> this commission has given us a warning for the future. but you h...

leaders each get to name three members. meaning the panel will be evenly split, 6-6 along party lines. they'll have until thanksgiving to come up with a package of cuts and/or taxes to get the $1.5 trillion. now, congress would then vote up or down on the entire chunk. they have to vote. but remember, the supercommittee was set up to do what congress and the white house failed to do. keeping them honest tonight, it's not like this is the first time politicians have decided to set up a committee to do what they themselves have failed to do. in targets we have all been to this rodeo be...

the most recent cnn o.r.c. polling says 51% of americans would hold republicans responsible if the debt ceiling is not raised. just 30% would find president obama more responsible. peter moresi joins us. i have to ask you this, you are an economist, you're a well-respected economist and we have spoken together for years. do you have any evidence of what so many conservatives are saying that if we were to increase taxes at all, at all at this point in an economic cycle, that it would actually hurt our economic recovery? >> well, increasing taxes wouldn't hurt anymore than, say, cuttin...