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What specific programs cuts will democrats propose? >> dust off the deficit commission report. take a look at some of the things we acress there. $3 in spending cuts for every dollar in new revenue. it was serious when it came to cutting spending. you must do that. secondly, when it came to revenue, take a look at the tax code. in it all of the time i have been in washington we never put the tax code on the table and said does it still make sense. all of the deductions, all the credits, all the tax ear marks, do they make sense? they cost us $1.1 trillion each year. all of the tax code deducti...

What specific programs cuts will democrats propose? >> dust off the deficit commission report. take a look at some of the things we acress there. $3 in spending cuts for every dollar in new revenue. it was serious when it came to cutting spending. you must do that. secondly, when it came to revenue, take a look at the tax code. in it all of the time i have been in washington we never put the tax code on the table and said does it still make sense. all of the deductions, all the credits, all the tax ear marks, do they make sense? they cost us $1.1 trillion each year. all of the tax code deducti...

Democrats propose to get serious about the deficit? >> dust off the deficit commission report, the president's deficit commission. look at some of the things we address there. first, $3 in spending cuts for every dollar in new revenue. so, it was serious when it came to cutting spending. you must do that. secondly, when it came to revenue, look at the tax code. chris, in all the time i have been in washington, we have never put the tax code on the table and said, does it still make sense, all the deduction and credits and all the tax earmarks, does it make sense, that cost us $1.1 trillion, ea...