>> chris: so defaulting on the full faith and credit is unacceptable to you? >> i don't think he will -- i don't think it as question that is even on the table. >> chris: you mentioned earlier if you cut spending that that will increase jobs. there are a lot of economists including some conservatives who say yes, in the long-term we absolutely have to deal with the debt but that in the short-term to have the kind of cuts you have will actually cost jobs and could conceivably endanger the recovery? >> i have 200 economists who say otherwise and the fact is this. that by running up the spending money we don't have, running up these huge budget deficits, we create more uncertainty in the private sector. and this is where cutting spending will create jobs because it is going to bring greater fiscal responsibility here are in washington, d.c. end some of the uncertainty and allow jobs to be created in america. >> chris: we had the tea party