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Uninflicted would on the economy if it were to take place. >> there were others like howard dean suggesting the president should let the sequester happen. to slice the pentagon's budget. dean telling the huffington post i'm in favor of the sequester. it's tough on things i care about a lot but the fact of the matter is you are not going to get another chance to cut the defense budget in the way it needs to be cut. white house officials disagree. as an outgoing defense secretary leon panetta who warned such deep cuts could leave america with a second rate military. you will remember republicans...

People being laid off is a big deal. it's not good for the economy. you look at the cuts and what happened to the defense department alone what it would do to the economy in terms of the unemployment rate is serious. i don't think that anybody laid forth any kind of serious plan. the president's plan doesn't talk about entitlement spending at all and continues to load everything on the defense department. looksh i'm all for, you know, cutting where there can be cutting. but you can't constantly go to defense department and ask them to do as much as they're doing and pretend to cut them and pre...

From both sides. >> bret: the letter will go out. i know we got the talking points about the different points. i was asking about the warren act and the notifications. do you think this is a potential problem? notifications didn't go out before the election. >> unfortunately, bret, unfortunately, i think that at this point there is much greater concern. they were saying of course we'll work something out. you now have the republicans suggesting that the people control the leadership that they plan to let the sequester go in effect. that's not what we want that. is not our message. they're not ...

President -- >> not true. >> he said he would cut the deficit in half and we had four years of -- >> it is not true. you know. you are in the united states senate. $10 trillion is what he inherited and you should know that the deficit is now around $15 trillion or $16 trillion. it is not true. you said it and you are repeating governor romney. >> he has added more debt than any other president. >> that is not true, senator. that is not true. that is not true. president bush left him with a $10 trillion deficit. >> bush added 4.8 over -- >> chris: guys. i said i was going to be tougher than jim...

President -- >> not true. >> he said he would cut the deficit in half and we had four years of -- >> it is not true. you know. you are in the united states senate. $10 trillion is what he inherited and you should know that the deficit is now around $15 trillion or $16 trillion. it is not true. you said it and you are repeating governor romney. >> he has added more debt than any other president. >> that is not true, senator. that is not true. that is not true. president bush left him with a $10 trillion deficit. >> bush added 4.8 over -- >> chris: guys. i said i was going to be tougher than jim...