debt by 2023 only ten years from now will equal 77% of gdp. that's roughly double the 39% average seen over the past 40 years. and president obama is asking lawmakers to take quick action as a march 1st deadline approaches that will trigger deep spending cuts. "the new york times" writes this morning that "mr. obama, who missed a deadline this week to submit his annual budget to congress, acknowledged on tuesday that a broader deficit agreement is unlikely to be reached by the march deadline. he provided no details about the tens of billions of dollars in spending cuts and tax adjustments that he wants congress to pass quickly. more specifics could come when he delivers his state of the union address next tuesday." with nearly $1 trillion of domestic and defense spending hanging in the balance, the president says the impacts are already being felt. >> they're never -- there are never -- >> we're not going to run it. okay, go ahead.