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>>trace: quickly, the paul 89, house passing the paul ryan budget plan. your thoughts? >>chris: well it is not going to pass congress. when it arrived at the democratically controlled senate it will be beat but it stakes out a position, a bargaining position, and, obviously, the obama plan, why necessity if you can call it a budget, but the plan he laid out this week stakes out another position and you have the gang of six, a bipartisan group in the senate that will be in the middle and i don't know that they will ever arrive at an agreement about the 2012 budget or not had year. we could be i...

Should we focus on getting out of debt, so we can target the money you fell should be targeted to bigger causes? >>guest: we did have options. we have the option to eliminate a tax cut for the wealthiest americans, and it will cost us $1 trillion, that is an opening we have not taken. >>neil: but if we lifted the top tier to 100 percent, all of it, we would still, we would still have a deficit that would be reduced by half what it is, maybe $750 billion, so i can only get so far hiving people's taxes. >>guest: $1 trillion is what that would take so there is in excuse for lowering tax rates fro...