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Robust season of oversight. that says to me, get ready. we're going to have more meaningful wasteful hearings about nothing. and another one that i loved, and continued emphasis on spending reforms. that sounds like more cuts to key safety net programs. and lastly, which reflect our priority of being good stewards of taxpayer dollars. john, to me that says we're going to continue to protect the 1% in everything we do. >> well i don't think you're going to see any major shift in the republican party's platform. these are things they've had some success politically with. arguing that they're loo...

To change these two sides in their negotiating positions, bob? >> jon, it's hard to have optimism. this was such an ugly fight. there are areas where they could agree on. the president has been willing to trade possibly social security changes for some tax increases. but republicans have been insistent on that. the one thing i don't think the going to be part of this conversation at least from a leadership level on the republican side is obamacare. we talked to senator mitch mcconnell yesterday, and he said obamacare is not going to be causing the government to shut down. they're going to be m...

Disruption, that lack of certainty, that lack of trust in the u.s. signature, it would mean massive disruption the world over. and we would be at risk of tipping yet again into recession. >> you've been adamant that you will not vote to raise the debt ceiling without significant spending reforms. if you don't get what you want here, are you still willing to risk default despite domestic and international concern? >> we made an offer on the debt ceiling. and asked that they negotiate and work with us. you've had 53 lifting of the debt ceiling that have taken place over the last four decades and...

>> the government is looking to reopen and void a first ever default. on the heels of a house leadership on thursday, republican senators met for an hour and a half with the president just yesterday. the meeting was said to be useful. reports include an immediate end to the shutdown and also raise the nation's debt ceiling through the end of the year. this in exchange for delaying or repealing the medical device tax in the president's sweeping health care law. also it proved that those who receive subsidies for insurance exchanges must verify their income. there was also talks on possible spen...

Including keystone, medical device tax, all of these things that are their political wish lish. how is this not about politics? >> it's about the economy, about jobs. are we going to do something that's going to secure a better future for our children and grandchildren. the president is asking for a trillion dollars debt increase. so, you know, the bills are going to get paid. the debt holders are going to get paid, the important thing is when you do a debt limit increase, you take a look at what's causing the debt and try to do something about it. and we have an opportunity here to put in pla...