>> reporter: this is an opinion, i suspects spending cuts will be parts of the negotiations, but any spends can cuts will probably put off into the distant future. tax increases now, spending cuts promised for the future. martha: the market set to open considerably lower on the heels of that. bill: you want to know how close this was, look at the popular vote. 100 million votes cast based on the numbers you are about to see and the margin of difference. look at that. see how close that is? that is remarkable. it's about a 2 million difference at the moment. look at the electoral college map saying how could this be so different? you win the battleground states that were up for grabs which is what president obama did last night and that's how go over 300, 303 at the moment. we'll see which way florida goes
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