MSNBC MSNBC News Live February 14, 2011
and with the deficit expected to reach an all-time high of $1.65 trillion -- >> we're reducing programs that are important programs that we care about and we're doing what every family does when it sits around its kitchen table. we're making the choice about what do we need for the future. >> democrats and republicans agree cuts need to be made. where they disagree, what to cut and by how much. >> when are we going to get serious about cutting spending? it has to happen and it needs to start now. we're broke. >> and john harwood is cnbc's chief washington correspondent. so the presid...