>> nobody knows what would happen. i don't believe anybody in the world believes the united states will default on our debt. nobody believes that. but given what is going on in europe, something could spook the market. and missing august 2 could spook the market. then you could have a real catastrophe. nobody wants that to happen. but i'll say this. as dangerous as that, that may be, i still think this is the time to do this. making the tough decisions today not kicking the can down the road is the right thing to do for the country. >> bret: do you believe, you have been in these backdoor meetings and you have seen what the president said publicly. do you believe he is being honest broker? >> i think the president is trying, trying to get there. but their inanalysis stance on us raising taxes is continuing to prevent us from getting this done. and his willingness to do as
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