way the spending reduction is achieved, but we re not going to cut a penny less than we said we would. john: are you expecting that he will propose tomorrow some more revenue raisers? that s what he s been advocating out on the campaign trail. john: so your response to him will be, mr. president, with all due respect, no? the answer is no, he s already gotten all the taxes he s going to get. he got it two months ago. we re asking this big bloated government that s going to spend 6.3 trillion, to reduce spending 2.4% over the next six months and people i ve discussed that with think it s laughable that the federal government could not he reduce its spending by that amount of money. john: it does seem like a drop in the bucket. why then was it seen when this budget control act was cut in 2011 that cutting that much would be horrible? look, my members didn t think it would create a calamity. he s the one that s characterizing this as some kind of armageddon experience. i don t