in favor of more spending cuts tea party walsh had a hard time explaining what cuts were in the house bill. >> why doesn't it name the cuts? >> it calls for $111 billion in cuts, chris. >> where? >> in the bill. >> you've criticized the president for not having a plan and you don't have one. >> all right. we're joined now by nbc's luke russert who covers capitol hill and nbc's mick viqueira at the white house where moments ago democrat leaders arrived to meet with the president behind closed doors. good day to both of you, gentlemen. i'll start with you. the clock is ticking. we've been watching it. the white house suggesting today that the president could sign a short-term deal if a bigger deal looms. what's on the table today in this meeting? >> yeah. let's get that little business out of way first. i think a lot was made of that, but they are merely stating the obvious. they will not let process get in the way of saving the country and the world from a calamity, an economic calamity, simply saying if there is a deal in the offing and all sides are firmly committed, they have a handshake deal, sure, they will extend