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they have that bill that came over from the house and chris: that is not going to happen. amendments can beavered. i think there is still time. we are coming back here on the 27th. realistically what the president has just proprosed it raising taxes now, perhaps dealing with spending later. we need to grow the economy. we need entitlement reform. the president seems to be ignoring those things, chris. chris: senator conrad. let s talk about the president s offer. not the conrad offer but the president s offer. you were a member of the bowles simpson deficit commission and voted for the final report. that proposed almost $3 trillion in spending cuts. president obama s last offer the one that the republicans rejected was less than $1 trillion in spending cuts. we checked. that would be less than 2% of the $44 trillion the government will spend over the next decade. again, is that the best democrats can do? 2% of all of the spending over the next decade?

White houseJit raising taxesChris wallaceSenator conradEntitlement reformPresident obamaSpending cutsBowles simpson deficit commission3 trillion1 trillion4 trillion244 trillion