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i'm jon scott. it appears they are making precious little headway as the clock tick down toward a default deadline that is now eight days away. new hampshire senator kelly eye yacht that is a republican and is our guest right now. you are in favor of the cut, cap and balance legislation, correct? >> i am, jon, because the -- jon: and the u.s. senate has essentially said, we're not going to do that, we've put it on the table. is there any chance of getting that legislation off the table? >> well, we weren't given a full, robust debate in the senate on cut, cap and balance, and the plan makes sense. let's cut spending immediately, cap spending so we can get our fiscal house in order and balance our budget. so we didn't get a full debate on that. i'm still hopeful that plan will go forward. that said, you know, where's the president in all of this? cut, cap and balance was passed by the house to raise the debt ceiling with serious spending reforms, and apparently there was some kind of bipartisan deal worked out last night, and he's

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