welcome back to "hardball." republicans may have gotten their way in the debt ceiling fight, something they won in many ways, but is there any evidence that cutting spending is the way to revive this slagging economy? senator casey, i guess there's a battle that's over, and i'm just wondering who won. when you cut spending, usually that's a sign you cut jobs. is that your view? >> well, chris, i don't think there's any question, when i talked with people in pennsylvania, they want us to cut spending. we cut by a report amount in the 2011 budget, we will be cutting as a result of this recent agreement. i think the debate now will be when you propose budget cuts, what effect does it have on the economy? but also what's the difference between a smart cut and one that hurts investments and jobs? and i think that's where some of the debate it.