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Buildup. >> correct. paul: what is this going to do going forward to the republican credibility on spending and deficits? >> tremendous a amount of damage. the president is saying elect me, reelect me, and i'll take care of this spending problem. paul: there's leaking at the white house that the cuts are coming after the election. >> they're playing the public for fools. i think it's an argument for the sequester, otherwise they have no discipline. paul: when you say sequester, you mean the automatic spending hammer that comes down if they would exceed certain limits. you know what they did as...

Buildup. >> correct. paul: what is this going to do going forward to the republican credibility on spending and deficits? >> tremendous a amount of damage. the president is saying elect me, reelect me, and i'll take care of this spending problem. paul: there's leaking at the white house that the cuts are coming after the election. >> they're playing the public for fools. i think it's an argument for the sequester, otherwise they have no discipline. paul: when you say sequester, you mean the automatic spending hammer that comes down if they would exceed certain limits. you know what they did as...