>> it is a conventional wisdom you can't do tax reform fast enough to be part of an initial deal. i would like to think you could. it's clear what the choices are. but the regular is probably going to have to prevail there. to me the question is what is a two-part or three-part deal? what is done in the lame-duck session? i think there's a higher likelihood that the lame-duck session does something to kick the cap down the road to deal with at least the tax part of it. what about the sequester, that's harder to do. the big question will house republicans including the leadership go forward with a deal, the first part of a deal or second part of a deal, pre-tax reform, that involves raising the debt ceiling and that involves putting off the sequester cuts. things house republicans were not willing to do in the first round. >> they insisted we're not going to raise the debt ceiling or taxes. will they do something for the promise of tax reform they can