$2.8 trillion worth of cuts that democrats have support biden group or in the gang of six or in the president s discussions. that is positive. there are proposals on the table that can be done to get the spending under control. shannon: how do you feel about a short-term, you know, something to get us through the immediate future? we saw, you know, bill daily, the white house chief of staff say this morning they didn t want anything that didn t get us through at least 2013. do you think there is any room for the white house to change that position or nuance it a bit? we should do as much as we can i am a supporter of the cut, cap, and balance proposal and we need to get the spending under control. so, if the white house was willing to cut spending and not raise taxes on a weak economy. that would be final. but they are not. the question is what can we do in the short-term. and listened to what mr. daily said and also listened to what secretary geithner said this morning. i think th
republicans and democrats coming together. both acknowledging we need to deal with our spending issue and it does, i think, do a good job in terms of laying out some of the parameters. also, it has tax reform in it, which is important not just to deal with the revenue issues but mostly to get our economy going. so, the devil is in the details. i have not endorsed the plan. it does have some elements that i m a little concerned about. including i think on the revenue side it raises revenue on the economy relative to where we are today. but i m encouraged by it i have tried to encourage the process. i also think some of the gang of six proposals for the longer term because they also have a two step process which i know have you been talking about today a lot. some of those longer term proposals could fit into what s being discussed right now debt limit talks. they have come up with bipartisan approach here. there are plenty of spending cuts out here that some democrat republican groups h