and the cuts should be greater than the accompanying increase in the debt limit that the president has given. we're not talking about billions here. we should be talking about cuts in trillions if we're serious about addressing america's fiscal problems. >> ok, so there he is in front of the economic club of new york and mid town hotel. he did say trillions. and it sound like republicans are going to ask for at least $2 trillion worth of cuts but we don't know at this point over what period. is it over a year? is it over 10 years? we simply don't know. >> the debt limit is up next week and joe biden will meet with the speaker today. and this week, we have democratic leaders in the senate meeting separately with the president and republican leaders in the senate meeting separately to see their way forward. >> i thought geithner pushed the debt limit ceiling. >> we'll hit the ceiling. it's whether he wants to push it or not, it's up to him. >> the statutory limit this week, however, they've moved some money around so the