morici professor of economicat the university of maryland, and kate andersen brow reporter for bloomberg neth ofou. several weeks ago, i saidid they would not get a deal. you said they would. are they going to have a deal or not by wednesday? >> i talked to e democratic aide today on the hill who said it does not matr for democrats. ey think that letting the sequesteredd happen wilill lead to the end of the bush tax c cuts. >> politically it may not matter about the washingtonn post front page on friday said economically it does not matter. the cuts will nonot come for another year. it is billions of dollars that we are talkingbout. >> it would b be if the cuts have been. these defense cuts will be scaleded back and the president will be in a strong position. he will get a w whopping taxx increase after ththe election to pay for all of this over- spending. and he will get a whwhopping tax increase and he will be a huge cuts idefense spending, then he will give some of that back to replicans ashe leader of compromise. he will be able to blame the republicans as an obstruction on the campgn t