business here in washington. i want to play something nancy pelosi had to say. again, we're in the stakes setting, ground rule laying part of this debate. let's play what pelosi said and we'll come back and talk about it. >> a possible xrcompromise that would lead rates the same but cap for high income earners. is that accept able? >> no. >> not at all? >> no way? >> the president made it very clear in his campaign there are not enough resources. what you just described is a formula and a blueprint for hampering our future. >> so, mark, what we saw on friday congressional leaders meet with president obama. everyone comes out and says, look, we're going to have a deal. what you see here from nancy pelosi, look, this isn't going to be a deal made by simply closing loopholes. what does that mean? though she's not saying it in that clip is we're going to have to raise taxes on the wealthy. are republicans in any position to really fight this? they're going to put up some