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Wants to move more to the center and embrace entitlement reform, he's given lip service for seven years. trying to find savings in social security there, he knows that is a starting point. he is saying it is his ending point, democrats say that better be the ending point. that's you why see republicans like the house majority leader eric cantor say we will wait and see. house speaker john boehner tried to say this isn't enough. truly if they get to the table and begin negotiating around an increase in the debt ceiling, the president plans to give more and at this point, he need he is to for a ...

>> well, deal or no deal? when it comes to immigration reform that is the million dollar question. marco rubio's warning talk of a deal is premature. but if my next guest is right a deal has never been closer. republican senator and gang of eight member, lindsey graham. welcome, senator. >> we don't have tattoos. thank god. >> i'm not asking. >> senator rubio and yourself, is there a rift between you on immigration? >> not really. the eight of us are trying to put together a legislative proposal that would go through the regular process, go to judiciary committee, where i'm a member. it would ...

Right. they just got revenue. we have to cut spending. we have a $16 trillion debt. the credit card is maxed out. we have to cut spending. he is exactly right. let's focus on the problem which is this government can't control spending. we have to get control of it. >> we spoke at length during the campaign when you were the president's point person on the budget and you repeatedly stated and said it again this morning simpson bowles is is the model and you have to have revenue and spending cuts. >> that's right. >> we got the revenue. we got a tiny tiny spending cut along with the fiscal cliff...

But i suppose there are hand-held rocket launchers that can bring down airplanes that will have to be -- it'll have to be decided. >> how do you decide that if you're -- >> very carefully. my starting point and probably my ending point will be what limitations are within the understood limitations that the society had at the time. they had some limitations on the nature of arms that could be borne. so it -- we'll see what those limitations are as apply to modern weapons. >> we'll see what those limitations are as applied to modern weapons. there's the most conservative supreme court justice sa...

We're obviously not now talking about a handgun or a musket. we're talking about a weapon that can fire 100 shots in a minute. >> uh, we'll see. i mean, obviously, the uh, the amendment does not apply to arms that cannot be hand carried. so it's to keep and bear. so it doesn't apply to cannons, but i suppose there are hand-held rocket launchers that can bring down airplanes that will have to be -- it'll have to be decided. >> how do you decide that if you're -- >> very carefully. my starting point and probably my ending point will be what limitations are within the understood limitations that ...