ronald reagan made a deal with tip o'neil. it was for tax increases and spending control. >> hurt republicans when they ran for office, didn't it? >> they got the tax increases. they didn't get spending cuts. he got the tax increases ch he didn't get the spending cuts. >> do you think it was a governing mistake. if he gets elected president, is he going to regret that? >> i think the crisis we face financially is so severe that all the discussion of finances last night, you can fergs. we don't have the money to expand the military. we don't have the money you have to overhaul sos to keep it sound. >> he wants to spend more money in the military. do you think that's a mistake? >> the money isn't there. >> david, this is where the obama campaign wants to go. it's saying, yes, we lost on