targeting the defense department as their preferred place to cut while republicans go after entitlements. >> but our next guest says both sides have it wrong. david wessel, author of "red inx," the book comes out today. how do both sides have it wrong? >> i think almost everyone is trying to fool the american people to think it is going to be easier than it is. president obama said we need to raise tax bus we can limit it to the people who make quarter million dollars a year but even some people in his party don't think that's possible. and a number of republicans are in favor of spending cuts because everyone likes spending cuts until they discover that means they may have to pay more for their medicare and other benefits. they aren't being candid with people. >> at one point you talk about how in 2009 every dollar spent in the budget was already