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To see more defense cuts, when people like secretary panetta says this would be extraordinarily bad policy for the nationalsecurity of the united states, we ll find ways to work around that. do you feel some urgency to get this done? what about the potential of another downgrade of erica s debt? again there s going to b $1.2 trilli in savings, whether the committee agrees on a method of doing it or it happens automatically, as you say. this shouldn t foster a wngrade or run on the market or anything like that. $1.2 trillion in savings occurs one way or the other. i want to ask you before you go about presidential politics. newt gingch as i mentioned at the outset i on top of the polls. you ve known him a long time. since you both were in the house together when he was speaker. would he be a great president? i know all of them. i served with santorum. i served with newt gingrich. sorry i don t know governor perry but i know governor romy and so on. all of these candidates are go ....
Committee, this joint committee that s been set up, will be able reach a compromise. but my hope is that friday s news will give us renewed sense of urgen that committee will have this administration s full cooperation. and i assure youe ll st on it until we get the job done. hearing that last portion, even though it wasn tn the screen, is very important. the president saying we will stay on it until we get the job done. republicans i talked to, democrats i talked to, say the white house has been hands-off when it came to the nittgritty time on this. they were asked to be hands off. the republicans said don t let obama come into this, because if he does, it will make it politic political. we ve been in constant touch. i personally talk to the white house perhaps once a week. to see, you know, if there was somethinelse we could add. how could we do something? they ve been intimately vold, but carefully so th didn t piticize it. i think they did the right thing. hold on. it is goin ....