debt ceiling. his arguments is not sitting well with republicans. allowing country to put on more debt without tackling spending is down right dangerous. wend all joins us live from honolulu. >> what the president doesn't want is for republicans to demand spending cuts in exchange for raising the debt soleing. it appears that will happen. he said it must be raised to cover money that congress has already spent . he's defending increased tax revenue and spending cuts. to be a part of the debt ceiling debate. spending cuts must be balanced with reforms to our tax code. the wealthest and biggest corporations shouldn't take of loop holes and deductions. it is settled when they raised