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Ahead and give the president the 2% increase that he's talking about, the rate increase on the top 2%. >> will i accept a tack increase as a part of a deal to actually solve our problems? >> no republican makes more sense than the original house defek for on tax rates, congressman tom cole. >> they go off automatically. i can tell you that the sun is going to come up in the east tomorrow and set in the west. that doesn't mean i had a darn thing to do with it coming up or coming down. those rates are going to go up. we either act now to keep them from going up from as many people as possible or...

Proposal think a couple of things about it. it freezes spending at 2011 levels which enshrines and locks in the huge spending increases of the last two years. >> greta: and you want to go back to 2008? >> the cap and balance goes back to 2006. we want to go back to before we were spending like drunken sailors here. it isn't clear which baseline you are using. we all agree it constitutes a tack increase. it is how big a tax increase. that is something we shouldn't be doing in the middle of an economic downturn. >> greta: the gang of six is sort of a proposal what we would like to do in general?...

The answer? [ laughter ] >> greta: laughing is not a good start. >> they made a good faith effort. there are lot of colleagues who put a good amount of work into this but there are still a lot of details that we don't know. and many who looked at the proposal think a couple of things about it. it freezes spending at 2011 levels which enshrines and locks in the huge spending increases of the last two years. >> greta: and you want to go back to 2008? >> the cap and balance goes back to 2006. we want to go back to before we were spending like drunken sailors here. it isn't clear which baseline yo...