every penny of that, threatening social security trust fund in the process. i think it s a dangerous plan. i know a lot of people want to see that happen, and i can understand it and i d love to make every american have extra money, but it s a dangerous trend, frankly. gregg: the president s chief of staff, jack lu, former budget director who helped prepare this budget said, and i ll quote him, the time for austerity is not today. if we were to put in austerity measures right now it would take the economy in the wrong direction. does he have a fair point? well, you know, you can discuss how much ought to be cut this year, but they are talking about borrowing more and spending more. we should have been having a debt this year of about a trillion dollars. instead it will be $1,300,000,000,000, $300 billion more because they continue to