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But to arbitrarily pull out a couple of tax expenditures and to say, well, we ought to use that to get rid of the sequester, well, every american knows washington has a spending problem. every american in these tough economic times has to find a way to balance their budget. they have got to make choices. they expect washington to live within its means and make choices as well. we know we have a structural deficit. the president has run up $5 trillion worth of debt in the last five years. we have another $1 trillion budget deficit this year. it's time for the president and senate democrats to g...

The news now in washington, steve? >> harris, yeah, republicans are both blaming the president and down playing the cuts as you heard it. house speaker john boehner said that spending is out of control, and that the president has kicked the can so far down the road and we're running out of road to kick the can on. he said it's unfortunate, no agreement was reached to head off the sequester cuts, but insisted there was no lack of efforts on his part. >> there's no one in this town who's tried harder to come to the president to deal with our long-term spending problems, no one. the fact is the p...

Spending is out of control. there are smarter ways to cut spending than this silly sequester that the president demanded. so we need to address the long-term spending problems. >> the notion of putting everything on the table, revenue, spending cuts, entitlement reform. if we did that we'd avoid these manufacture ed crises like the e we're in right now. the house republican approach to this is we're either going to do it exclusively with republicans or we just won't do it at all. >> nbc's peter alexander is live at the white house for us. peter, what else are we hearing on this today? >> repor...

Science, some of them are taking personal responsibility and getting along with others. >> raul, it sounds so reasonable despite our fundamental spending problems, my bet is we are going to have a hard time forming a bipartisan movement toward this. >> i agree. complicated these matters is changing composition of who is in the public schools. i think roughly, one in four people, kids in the public schools k-12 is latino. that number is going to grow from this point on. right now, latino children, 3, 4, they access pre-k and lower levels than their counter parts, african-americans and whites. t...

We would like to redistrict them, but they need to take place. >> so on the other side of things we have nancy pelosi saying there aren't spending problems. where is the middle ground? >> the middle ground is you have to deal with this the way that you and i would deal with it at home. you can't do something for two months or five months or six months. you have to look out over ten years. that's why simpson bowles, you pick one. the alternative minimum fix, if you accommodate them in a thoughtful plan. sadly what congress and the president has looked at rosily is this month it's taxes on rich ...