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Congress to agent -- to act --n. you know, we don't want to fal fall behind the curve, and itnc is important we not just take- the fault off the table, but we can start to make a change. >> so let me go at this a different way. a plan that would onlynly guarantee cuts and a debt >>iling into early next year? >> makes no sense.e >> and he was clear about about that, but let me explain why it is responsible. we started this process sevenrov months ago. were we are seven months later and running out of runway. i never thought they wouldy take it this close to the edge t and let politics get in th...

The fault off the table, but we can start to make a change. >> so let me go at this a different way. a plan that would onlynly guarantee cuts and a debt >>iling into early next year? >> makes no sense.e >> and he was clear about about that, but let me explain why it is responsible. we started this process sevenrov months ago. were we are seven months later and running out of runway. i never thought they wouldy take it this close to the edge t and let politics get in the ihe billof demonstrating we will pay our bills on time. 2* has taken us six, sevenat months. the idea that we are going to sp...

Year. and then there would be a mechanism for more cuts that if approved the debt ceiling would be raised past the 2012 21 election. will the president sign that into law? me pr chris, let me tell you what we are trying to do. rs first and most important we need to lift this shred of default from the economy for the next 18 months. we have to take that threatctio. off the table through the election?t t try -- through the election. mak but we want to make sure we can come together 1k3* lock in s some long-term savings to getous our fiscal house in order. we need to do both those things so congr...

Speaker believe that the best thing we can do is put togethe together a very substantial contribution to get getting our fiscal house together. house >> vow sayin -g it is stillhe alive? bargain i >> i wouldn't say it that way,st i would just say there are two approaches before us.hat there are the comprehensive balance, entitlement savings for the future with tax reform that would generate revenues and help us solve this problem. abou there is also talk about aor plan with senator mcconnelloth and senator reid put forward. in they would take default off come the table and put in place ary spe...