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Focused on deficits, spending and how to head off the looming sequestration cuts poised to kick in early next month. in separate interviews on sunday, house minority leader nancy pelosi and majority leader eric cantor laid out the economic dividing lines. >> what we need is growth. we need growth with jobs. and if you have spending cuts, education of our children and other investments like the national institutes of health where you are hindering growth, you're not going to reduce the deficit. so it is almost a false argument to say we have a spending problem. we have a budget deficit problem ...

And i think that we do need to have a more aggressive background check, and i have been pretty public on that. >> how about the president? does he have to recognize reality here and go for what he can get? get a single, not a home run? even though he knows he's giving protection to the people on the center right and right? still be able to say they did something. there's a lot of strategy here. >> there's a lot of strategy. i used to work for senator kennedy, and senator kennedy after he got past his 30s and 40s decided what you should do in legislating is take what you can get and come back f...

Reason, no reason for that to happen. when our fiscal house in order calls for a balanced approach not massive indiscriminate cuts that could have a severe impact on our military readiness. >> the president wants some tax reform and spending cuts to stop the sequester. the republicans say the president got what he wanted during the fiscal cliff debate with a spokesman for speaker boehner saying, the president got it with no corresponding cuts and the tax issues have been resolved and speaking of problems, we've heard this morning specifically how badly those cuts at the pentagon would hurt. >>...

>> how about the president? does he have to recognize reality here and go for what he can get? get a single, not a home run? even though he knows he's giving protection to the people on the center right and right? still be able to say they did something. there's a lot of strategy here. >> there's a lot of strategy. i used to work for senator kennedy, and senator kennedy after he got past his 30s and 40s decided what you should do in legislating is take what you can get and come back for the rest later. i think you saw that with the president on the budget negotiations. he raised taxes on the w...

And get higher scores in math. >> i love that way of thinking about it. that we're not just the bundle of things that we come with but that we can grow over space and time. >> specifically there's one nugget which comes out of it, praise kids for effort rather than their results. it's something they practiced with my own kids. it didn't come naturally at first. to praise them for something that takes them a week to do instead of something that comes really quickly. >> it's not that you got the a. it's that you worked and worked on the math problem. first it's time for a preview of "weekends wi...