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The most important issues. it's a 38%. 10% more by the way than the number of people who say the federal deficit is the most important economic issue. will cane is with us, i want to bring in normer columnist bob herbert. let's look at this. you and i know the unemployment rate, bit of a red herring, doesn't tell the full picture, but it's at 9%. is washington doing everything it can to create the right environment for companies to create jobs? i think we all agree that other than in the recession, government doesn't have a particular role in creating jobs but it does set the tone. >> it does ...

Actually is in a fabulous position in the global economy because even though america has very high debt, it is being charged very, very low rates of interest by the rest of the world. >> because our credit is thought to be good. >> but, you know, republicans want to get something out of this. in a way i don't blame them. you want our votes to raise the debt ceiling mr. president, fine, how about dollar for dollar we talk about spending cuts. mitch mcconnell was talking about some grand bargain on entitlements. i don't think they're going to get that but i think you are going to get substantial...

>> we have over 50 tlts in unfunded liabilities, medicare, medicaid, all unsustainable. i think we need to do something in connection with the decision to raise the debt ceiling. it deals with the debt. both medium and short-term, medium term and long-term. that what it would take to get my vote. >> a cnn contributor, secretary geithner said not raising the debt ceiling would be catastrophic for the economy. now, he concedes no one knows for certain what could happen in the event that it's not raised. are republicans willing to risk sending this fragile recovery that we're in into ch...

Deepening involvement in libya signals otherwise. now we're sending in drones. what exactly is our mission there? plus, new polls show americans have a dismal view of how we're doing and where we're headed. what does it mean for the president and more importantly, for your wallets? will cane is joining me tonight for that and the robinhood approach, should the rich be forced to serve the poor? one popular leader wants to make it the law of the land. i'll have more on that as well. but now to tonight's top story. our continuing investigation of donald trump's net worth. last night we delved int...

Need to concentrate on entitlements. 80% of the budget is in social security, medicare, medicaid and defense. >> which really nobody has committed doing anything serious with. so here we go, will. as a conservative, as a conservative, do you agree that this is the right time in our nation's recovery to be doing what the tea party is asking republicans to do? >> now, look. i get it. i get that it's a principled position and that you have to show your voters that you heard them and that you're principled. but i don't think it's the right thing to focus on now. i don't think cutting $60 billion a...