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Of the gdp. this year it's%. next year it's going to be 5%. we cut it in half, the fastest reduction in deficits since world war ii, and frankly, it's too fast. we should not be doing any cut at this point because cuts will cost us jobs. and the real problem we is a jobs crisis, not a deficit crisis. >> one word from all of you. do you think she could walk us back into a recession if this were to happen? >> without a doubt. >> no question. >> house speaker boehner does not sound like he is willing to compromise. here is what he said yesterday. >> on the sequester will be in effect until there ...

It's obvious why they want to take us off the playing field, because we're kicking a lot of butt, lawrence. >> what happens if you are not allowed to appear in this case in new york? it isn't central to the case you presented that's in federal court in california now? >> no, it's not central to that case. it has nothing to do with that particular case. we sought to intervene as it relates to some documents we want to make sure are protected by way of the proceedings in the southern district of new york. so in the event we were not able to proceed, it wouldn't have a drastic impact on our abili...