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the first term. four years ago almost to the day when the president came in with a stimulus act. the recovery act. at a time of huge economic global crisis. it was the first time it was a real wake-up call for the president and senior aides because every other time of national crisis, and remember, this was an international crisis, the country had come together. republicans had come in. and what did he get for it? he got three republican votes in the entire congress. he won't get three now for this kind of plan. so if republicans wouldn't step into that crisis at that point, why would they step into this crisis at this point? in fact, what we've seen is they're willing to make the crisis worse. we heard from secretary geithner talk about us bumping up against the debt ceiling again, tremendously damaging for the very markets republicans say they care about. i think they're going to have to hear from the markets to understand just how bad this is again. >> there were rumors that the president was going to offer a smaller deal but that was not true. but let's just say a smaller deal gets through, especially

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