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Grover may be. good news for the country. democrats are now and they have been for some time open to spending cuts. in fact, they already passed a trillion dollars of them into law in 2011. if republicans are willing to let the bush tax cuts for the rich expire as part of a larger framework, it's going to be not just a quiet christmas in washington, but a smooth one for the economy. i should say that we invited mr. norquist on the show e to explain why his pledge will hold, but he declined. so joining me now are two folks who have experience watching the pledge distort american politics and sc...

Increase in this town. this is not my first rodeo yes, it is. maybe it isn't. but the fact that you didn't fall off the bull at your rodeo doesn't mean you won't fall off at your 60th. but what isn't good news for grover may be. good news for the country. democrats are now and they have been for some time open to spending cuts. in fact, they already passed a trillion dollars of them into law in 2011. if republicans are willing to let the bush tax cuts for the rich expire as part of a larger framework, it's going to be not just a quiet christmas in washington, but a smooth one for the economy. ...

Entitlements and medicare. we have done over a trillion dollars in domestic discretionary spending. if they come together on taxes, it's very doable. and i think that's a very important point for the american people. >> i don't want to rain on this lovely parade, but let me say one thing that worries me. democrats have an inherent love of compromise. republicans have shown themselves adverse to something called compromise. so even if grover norquist is not quite as powerful as he was before, even if the winds of change are drifting in our direction, let's not assume that democrats are automati...

We'll bring you results later on in the show. let's bring in bill pascrell of new jersey tonight. also robert riech. gentlemen, great to have you with us tonight. congressman, let's start with you first. what do you expect with paul ryan at the helm of these negotiations? >> it doesn't send -- i'm not frightened about that situation. in fact, one of the things that paul does bring to the table, and i think it's necessary here, ed, is urgency. this is an urgent situation we need to address. if we kick this can down the street, and i would contend that if you do away with all of the bush tax cut...

Middle class tax cuts will pass. you're going to have a few less republicans in the house of representatives. i don't agree with that. i think we should make an effort. let me tell you something. i think we should look at the example of president when he was a senator, senator obama and senator mccain, when they made that decision in september, both of them, in the heat of a presidential election in 2008 to put differences aside and support -- there's got to be some common good here. >> i don't disagree with that. i totally agree with you. but i don't trust the republicans that they are going ...