big role in the presidential campaign. greta: you know, it is so interesting some of the stories that sort of vanished like immigration was a big story and i mean because that was so many months ago. it is like now it is sort of off the radar screen. i m always focused on the december stories and who can forget newtown or what happened there. it is so you know, it is so overwhelming to cover. and not just newtown but aurora, the tragic shooting in colorado. two episodes of horrific gun violence and i think beyond the raw human tragedy there are two important consequences of this. one is just kind of a mode of introspection where we say what kind of country are we and what is going on and why do we have these lunatics. what are the failures that lead this to keep happening. that leads to a debate about mental health and, of course, a volatile controversial debate
for $1 trillion in increasing the debt ceiling and so that is our next leverage point. it is a shame that in this nation where every developed country in the world knows that our greatest threat is our fiscal solvency that you have to have the leverage points. you would think that people would just sit down, solve the problem because we know it is our greatest threat. but that is not the case here. we have a president who has not laid out a plan. obviously a spend-aholic. he doesn t really worry about the growth of government and so we have to use these leverage points to try to do those things that naturally leaders should do themselves but that is where we are at a nation and that is what we have to do over the next several months to ensure that we don t continue down this path of insolvency that we are on right now. greta: you mentioned other countries in the world. do you not wonder what they think about us. in we can t even manage our own economy and our own finances and meanwhi
connecticut. the majority of those who died today were children. beautiful little kids between the ages of five and ten years old. may god bless the memory of the victims. and in the words of scripture, heal the broken hearted and bind up their wounds. greta: deputy washington bureau chief michael crowley joins us. look back at the year 2012 your thoughts on the big stories? i think you to open with the top story being president obama s reelection. it was a presidential election that was close. it was fascinating. it was really hard fought and i think it was very consequential. are there was a possibility that president obama was going go down as a jimmy carterresque figure, one kicke term kicked .
congressman, thank you, sir. good luck, sir. call the senate and get them to act. we can t negotiate with nothing. greta: i don t think they would listen to me. thank you, congressman. straight ahead, is it just the fiscal cliff that you are about to be pushed off? try the milk cliff. now, what is that? stand but you are about to find out and well, you won t like it. and, yes, your government is doing it to you. also, what a year. government sex scandals. brutal political fights and superstorms like we he have never seen before. lots of explosive headlines in 2012. what is the biggest story of the year. tell us on gretawire and post your pick and see if your pick made our list. that s coming up. plus, get ready. another storm about to pummel big chunks of the nation. does that possibly mean you? are you in the path? the latest on the storm are s the latest on the storm are s path i i i i i i i [ male announcer ] you are a business pro.
the revenue you campaigned on but we will not go along with higher taxes and more revenue and more spending if we are not going to deal with the fundamental drivers of our debt. greta: you said three dollars in cuts for every dollar raised in revenue. i decided to fact check you all and i did find, someone found it for me on april 13, 2011 the white house released includes this paragraph. seek a bald approach for bringing down the deficit with $3 in cuts for every one dollars in tax reform that contributes to deficit reduction. they said this is consistent with the bipartisan commission approach. yes, he did say that and, yes, we don t have that and, yes, we are approaching this deadline. how do you negotiate with someone who said during the campaign over and over three dollars in cuts for are one dollar in revenue and now neither side is going to get everything that they want. but the house republicans have said okay, we ll find