point seven trillion dollars in cuts we've done six hundred billion dollars in revenues you're going to need more revenues as

of what happens on a debt ceiling the United States will always always always meet its debt we will never default on its debt that

seventy one percent of federal spending right now is on entitlements and debt service seventy one percent and

will always pay our debt we will never default on the debt and the reason the president is doing

no to the budget deal mn our national debt is over fourteen trillion dollars that

eighteen trillion dollar debt has become an anchor some economists argue that the burden of debt cost

the system although I think it would help the stimuli quite frankly is the national debt we've borrowed over eight hundred billion dollars and

is a sixteen trillion dollar debt that continues to grow and will continue to grow no matter which one of these plans passes lawyer Republicans of

charged hundreds of thousands of dollars on your credit card to foist crippling debt on your children that's

many people are suffering because we have debt that is out of control we have unfunded liabilities to the tune of a hundred twenty eight billion dollars you

seventy one percent of federal spending right now is on entitlements and debt service seventy one percent and

dome there is only one so the solution is to grow only way for us to find ourselves out of this problem that we face today is

are galloping down the road to where Greece and Italy in much of Europe on and and this is not a concern that's a Republican can or

the Democrats on the subject of the debt and the debt ceiling and now your critics of come out and said look

then he's budget fights are important and obamacare is incredibly important the national debt and the debt limit issue is going to be incredibly important those

the negotiations up to the fiscal cliff the president put things on the table for a hundred billion dollars in Medicare cuts he