they can do that in the legislative process that would be a benefit to the country, a benefit to the economy. we've got a lot of issues with respect to the way budgets are set, with whether or not we should be spending as much money almost $700 billion deficit this year based on that cbo report. we are spending way too much money. there are things that need to be done. clearly the debt ceiling needs to increase and will increase. >> mr. president, you are not saying that there needs to be cuts in the 2018 budget as a condition for raising the debt ceiling? >> no, we don't have a 2018 budget. we have president trump has proposed a budget. we haven't had a budget in years, here we got $20 trillion almost in debt. no, there is no set budget yet. i'd love to see a proposal from the democrats t. president's made a proposal to balance the