put it to the side and then looked at every policy obama has done or has signed into law on its own and projected its cost out. and so i got a blockbuster response from a guy named keith hennessey, very smart guy. he was george w. bush's national economics council director at the end of his presidency. he said your baseline doesn't work because obama's going to add trillions of dollars to the deficit when he extends the bush tax cuts in a year. now, that's not in there because we don't know if he will extend them. we don't know if the deficit reduction, i can't put in things obama hasn't done yet. but he's right, if you extend them, you will extend the deficit. the fact that he and others are criticizing the baseline from that direction shows that republicans know perfectly well the bush tax cuts are a budget buster. >> so when obama's opponents come out, when the president's opponents come out and say he's responsible for $4.7 trillion in deficits, what is the short answer here in the bullet point culture? >> he's not. barack obama is responsible for the deficits in his policies