Detailed text transcripts for TV channel - CNN - 20100507:16:33:00
Those are mandatory spending items. and there are a couple other things. those are the requirement ones. really everything else government does falls into the discretionary pot. so it may not be realistic to go that deep that quickly. so if you come up with a measure that would cut spending some and raise taxes some, that will be, that will go down a little easier. even though there is a lot of partisan warfare over this, that's the problem. it's lack of political will to do something that would worry markets more than an actual solution. you're going to need political will. >> so, jean, i ano...