gerri: is that obama for anther four years? what's going to happen next? >> we will either get a deal and there will be some tax increases, but real spending reductions or some of these onl reductions that the president likes to cook up, is he going to and the war for the 11th time? gerri: he scored twice. my real question was, what would happen to the debt president got elected? we have $5.6 trillion in the last administration, will we get another 5.6 trillion? >> i think we will get another five or $6 trillion. if we cut the deficit now about doing the things we need to do to undo the mess so the econo can grow, we will go into a recession. so once you cut the defici you lose it all right there. that is exactly what's going to happen. gerri: the economy really matters. not just for the people putting food on the table, but also whether the federal government can operate in. the cbo has said that if we go over the fiscal cliff, it will send us into the reception. what do you see happening? you think that there will be economic consequences? >> if we go ov