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Necessary to solve this problem are going to involve taking trillions of dollars off the national debt, not just taking off 60 billion like we are now. >> what would you say with people presented with grover norquist's pledge about you must pledge to never consider raising any tax in any way. that would include gasoline taxes which could be part of the long term fix. that would include in his definition even changing some deductible items. limiting deductible mortgages for million heirs, that would be considered a tax increase under grover norquist's pledge he forces candidates to sign. would ...

You know, the unbroken history of tax relief in the past when president kennedy had marginal rate reductions, president reagan, president bush, is that when you -- you can reduce rates of taxes, or in this case, please, we're asking them to preserve the lower tax rates, and in that create an expanded economy and even grow government revenue. >> congressman becerra, here's a new idea. last week new york congressman anthony weiner lost his temper on the house floor over a bill many democrats thought would be a no-brainer, above partisanship. here's what he wrote in an op-ed afterwards. he said d...

Absolutely no guarantee that that money is going to be spent on the economy. they can put tonight their bank, under their mattress, spend it overseas. if you have government spending the same amount of money you know the money getting into the economy. >> that's very true. if it were only that simple, i would agree with you 100%. when you cut tax rates, you make each additional hour of work and each additional dollar of investment all that more profitable to the worker and to the investor. and they will hire more people. it is rate reductions, not tax reductions that's critical. you have to do...

And kacie is on those republican rate reductions. argue that the average benefit people will result in wage increases. but that's where the bulk of the tax dollar cuts is going to go. and so far as we've seen from our nbc/"wall street journal" polling, that's not attracted widespread support. only 25% of the american people told us in our poll this week this is a good idea. only 14% of americans expect that they're going to get a tax cut. so there's a lot of problems with public opinion as well as the particular members that kacie referred to. >> so you have the public, you have obviously memb...

Some personal relationships for the president with these important figures from around the world. alex? >> all right. and let's check out what's on tap for this week with the president. i know he's hinted at releasing a tax plan to some degree. are there any details you can share on that? >> no details yet. that's being kept fairly close to the vest of those top advisers who are working on it in part because it was not expected to be rolled out this week. the president on his own and certainly that's his purview said he wanted to roll it out this coming wednesday. advisers say it will be in th...