get ready to announce something we hope. >> reporter: well they are. the left is hitting democrats who are even thinking about touching medicare. moveon.org is running ads going after democrats if they even think about up toing that entitlement. from the right you have got the tea party saying 1.2 trillion? let's try 9.7 trillion. the mood here on capitol hill is getting very, very pessimistic. here's the democratic co-chair's view. >> i'm still hopeful that the republicans will see their way to bringing to us a real revenue package and that is what all of us are looking for in terms of fair and balanced. >> reporter: translation of fair and balanced in this regard is essentially the democrats are saying we want the republicans to offer up more new tax revenue. republicans say, no deal. they say if we were to offer up a bunch of new tax revenue it would never pass the house of representatives. so there you are with this dilemma, jon. jon: and the clock is still