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O >> it's no secret the debate on government spending has created a huge rift in the american party. de fernds of the free market who oppose racing the nation's debt want to splash spending severely. the other side are established republicans who propose a raise in the nation's debt with certain restrictions pushing for more moderate cuts. my next guest says the grand old party needs a new strategy. joining me is david m melpas fr the reagan administration and president mc global. david it's a pleasure. >> here's my argument. the republicans gave the democrats a shall lacking. the president la...

O >> it's no secret the debate on government spending has created a huge rift in the american party. de fernds of the free market who oppose racing the nation's debt want to splash spending severely. the other side are established republicans who propose a raise in the nation's debt with certain restrictions pushing for more moderate cuts. my next guest says the grand old party needs a new strategy. joining me is david m melpas fr the reagan administration and president mc global. david it's a pleasure. >> here's my argument. the republicans gave the democrats a shall lacking. the president la...