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Addition to whatever you are raising the debt ceiling by. do you believe the $2 trillion figure is where you start and you won't go below that? >> look, we offered over $6 trillion in cuts over the next ten years with our budget. what we've brought to the table is our budget, which has those spending cuts, those spending reforms. we have yet to see a concrete proposal offered by either the president or the senate democrats. so we're the ones who put out all the specifics and details. we have yet to see counteroffers from the other side. the reason the $2 trillion figure is floating around beca...

budget cuts before he agrees to raising the debt ceiling. and then there's the democrat-controlled senate. >> we shouldn't be drawing lines in the sand. we should be willing to work together. >> treasury secretary tim geithner says the u.s. could hit its $14.3 trillion debt limit tomorrow but he can keep the country out of default until august. so there is time. what they really lack on capitol hill is common ground. today -- republican risk, reward and rhetoric with senate republican leader mitch mcconnell and paul ryan, chairman of the house budget committee. then presidentia...

money, there will be no increase in the debt limit. >> boehner wants $2 trillion in budget cuts before he agrees to raising the debt ceiling. and then there's the democrat-controlled senate. >> we shouldn't be drawing lines in the sand. we should be willing to work together. >> treasury secretary tim geithner says the u.s. could hit its $14.3 trillion debt limit tomorrow but he can keep the country out of default until august. so there is time. what they really lack on capitol hill is common ground. today -- republican risk, reward and rhetoric with senate republican leader mitch...

You have to either cut incredibly deeply into commitments to our seniors, to the elderly, to the poor, to the disabled, or you have to gut spending on defense or you have to gut spending on education, or you have to ask me to go out and borrow trillions of dollars from china, from americans, from our children to afford those, and we're not prepared to do that, and it is not necessary to do that and would not be responsible to do that. so, when the president says we can't afford it, he's absolutely right. >> but can you really pursue a policy where you cut the deficit if you exempt the middle c...

Sustain those tax breaks, you have to do one of two things, you have to either cut incredibly deeply into commitments to our seniors, to the elderly, to the poor, to the disabled, or you have to gut spending on defense or you have to gut spending on education, or you have to ask me to go out and borrow trillions of dollars from china, from americans, from our children to afford those, and we're not prepared to do that, and it is not necessary to do that and would not be responsible to do that. so, when the president says we can't afford it, he's absolutely right. >> but can you really pursue a...