$800 billion in new revenue come from tax reform and closing loopholes. he going to be able to stheal in his caucus. >> projections of economic growth they say. i don't know if he could have sold that there is not going to be a grand bargain. speaker boehner wanted one. he thought there was to be long-term pro-yes, sir. i think he was wrong. he was proven to be wrong by the president last friday. now the responsible thing for republicans to do having already responsibly passed the only legislation to lift the debt ceiling is to pass the kind of two step legislation the speaker is looking at. i do not believe democrats can assist that i'm much less pessimistic than brit or a.b. republicans if they do the rile thing here. there won't be a grand bargain. get spending cuts. not a lot of tax increases and lay the groundwork for 2012 and for the election of a president who is willing to get serious about dealing with the debt and the deficit. juan? >> i think part of the sticking point over the last week the mechanisms in place if you go to the two step solution that both