an end. spend spend spend to cut cut cut. reporter: despondent democrats just got no default. almost everything else about this deal stinks. there s no new revenue, no tax hikes. it s really unfair for billionaires and multimillionaires not to be contributing to the arrangement we just made. democrats led by president obama vow to get the tax hikes they demanded this year. everyone s going to have to chip in, that s even fair. part of the debt deal passed yesterday by the house is a super committee. 12 lawmakers who by december will virtually dictate deeper deaf significance reduction. that will require revenue hikes. protecting our tax codes so wealth yefiest americans and companies pay their fair share. medicare is driving itself into bankruptcy. our health care entitlements are the core of our debt. these programs need to be reformed if they re going to be saved. reporter: no default tonight but the debate keeps on going. today s deal reduces the defi