>> it sounds like tom coburn is willing to go for a tax reform scenario that raises revenues.college on a gang of six, his republican colleagues have been very careful to say that they want to reform the tax code but we only want to raise money through economic programs. tom carver and told us that would not be enough. -- tom coburn told us that would not be enough. that is a big change. that is a big change. >> they will be negotiating the senate majority the next time around. >> one of the things tom coburn said today and that is something that everyone knows to be true that is that if you have to get a big deal, it will involve taxes and spending cuts. we go to these budget briefings all the time and talk to these by wonks and everybody says this is true except the mindoro -- majority and minority leader and everyone is hiding behind their political positions. at least tom coburn is willing to stand up and take the heat for stating what a lot people think could be true. >> the clock is ticking on the debt limit. qc a grand plan emerging from all of this? >> the way i read t

tom coburn is one of these people who says what he thinks. he often votes against people he really likes. i believ him, that he was just tired of banging his head against the wall. >> let me direct this to the former banker on the panel. this week we reached the debt ceiling of $4.29 trillion. what does it mean to the average taxpayer? >> at this moment it doesn't mean anything, because we have not yet the threshold where all of a sudden we will default on our debt. whent happens, we will have an economic calamity if the u.s. defaults. you will see it in the cost of everything, especially interest rates. >> didn't the treasury secretary say he would have to suspend payments -- >> it would be like lehman brothers. >> he is already doing that for the time -- >> he is moving money around. it would be a calamity, although some say it let's have it, let's go to the debt ceiling. it is crazy. >> what do you think, charles? >> as the sun rises in the east, but the debt limit will be raised, but it will be a heroine process and it should be. the repu

senator coburn said no, i'm not part of this and then walked away. the question is whether democrats and republicans on both sides of the aisle will step up and say don't stop, we need do this together, sacrifice and make concessions on both sides if we're ever going to solve this national problem. >> senator coburn in his op-ed hit the senate itself pretty hard, as others have -- by the way, "washington post" had an article about the "do-nothing senate," senator rand paul talks about how the senate doesn't do anything. certainly there have been fewer points to this point than there were last year. some of what senator coburn said when he was arguing, put the darn budget on the floor, put the deficit reduction on the floor and let's work it out, have a big public airing of what's going on. he said this in that same op-ed -- if we continue to avoid tough choices we will lose control of our economic destiny and go down in history as the senate that lost america. our epitaph will read never before in the field of legislating was so much ignored by so ma

coburn: mr. president? the presiding officer: the senator from oklahoma. mr. coburn: thank you. i wanted to spend a few minutes this evening kind of talking about where we are as a a nation. i have to say that i am discouraged at the work of the senate. if you look around, if you took the whole picture, nobody is here, essentially, and they're not going to be here for nine more days -- ten more days. the question i'd put forward is, if your own personal household was in trouble financially or otherwise, if you knew you weren't going to be ail to pay the bills -- be able to pay the bills, if you knew your credit cards were masmed out, would you just sit on the coup and not do anything or would you work to protect your family, would you go out and do whatever you could, take advantage of every opportunity to secure the future for your family? we have big problems in our country. it doesn't matter how we got here. the fact is that we're borrowing -- in non-oklahoma speak "borrowing" -- $4.3 billion a day. the interest on our debt is $28 billion a day. i need to stand corrected. it

but these senators and can't coburn and kent conrad and tom coburn. i found that there was a willingness to discuss everything on an intellectual basis to kind of check your partisan hat and i still believe in terms of a comprehensive approach that this is the best possibility. if we can start with a bipartisan group in the senate, that is the way to move forward. not just in terms of short-term debt extension but in terms of the conference a plan. >> senator chambliss you said you all are working off of the simpson-bowles commission report. why not just about that report? >> it is easy to say you want to just take that report and put it into legislative language but the fact is that there were several options in the simpson-bowles plan on different issues, and we have had to go through and we have had to look at those options, decide which ones we think are best, number one but at the same time decide which one of those options we think is going to get 6-d votes. tickets we can go through all of this exercise and we can take all of these arrows that

we've got a number of congressmen to see how and especially senator tom coburn who appear to help him cover up not just as a theory that's his business and help him cover up his violations campaign finance laws lobbying loans very serious of genesis issues but i think imus this time of the arrest of the guy who's the head of the i.m.f. and and some of the details of ensign's you call it an affair it seems to me like him it's close to rape actually or at the very least abuse of personal power st paul wrote most of the new testament but never met jesus in person has always seemed a bit massaging mystic to me had these guys adapted the anti-woman view that paul arguably expressed for example in his first letter the cranky ends when he said that if a woman didn't shut up and keep her head covered in church she should ever head shaved and live in shame and these guys have been looking at the wrong time the inner circle the organization hues to this idea called the male ship it sounds like a dirty when it would be as their idea the idea is it as christ. is so a man should be to the women in

so i say it's a good thing that's on tom coburn dropped out because given the history of gang rule in the united states congress the end result of the gang of six was likely a few thirty am worthless instead let's go gangbusters and bring back open debate to the floors of congress where our representatives know that they're being held accountable we can see what they're up to and then and hear everything they have to say then maybe democrats will start acting like democrats and more importantly our government will start acting like our founding fathers imagine that would be a refreshing change. as the big picture first and i for more information on the stories we covered visit our websites at town arbonne dot com and our team dot com also check out our youtube pages at youtube dot coms lifestyle big picture and you too dot com slash. ellis entire show is available as a free video podcast i took this and don't forget democracy begins with you when you show up when you participate when you get active that's when it all happens tag you're it. let's not forget that we had an apartheid reg

to fall on center coburn -- to --low up on center coburn's senator coburn's operation, there is a duty of care and it can impose reasonable measures that common-sense or technology would provide the means to do. why not some ability to ordinary consumers impose the federal law that would impose accountability for a standard of care that is available under modern technology with the kinds of reasonable approach, sensible responsibility? >> we agree with you. it is reasonable security. it is having a good process of that excess this -- that assesses risks. >> when not require a remedy in the case of a breach where that kind of accountability is imposed -- insurance, credit freezes, so that what is increasingly becoming standard practice would be imposed on all companies? >> we think that is important both to address what is happening to consumers and to provide effective deterrence. >> i'm trying to stay in my lane. i will make a general observation. there is no perfect system. cyber security requires multilayered approach. it requires laws that bridges be reported. it requires providers

senator coburn is known as being a real hawk on the budget. in his opening comments, which was interesting, he said we need to gather more information before we draw conclusions about what needs to be done. he is much more willing to say that in the democrats on the panel. >> this is a partisan issue then? >> i would not say it is necessarily partisan. the democrats are much more eager to move forward. in the house, both republicans and democrats -- joe barton, they have concerns about location-based data. i guess i would say no, it is not partisan. members of both parties are concerned about it. >> our future hearing scheduled? >> i think we can expect future hearings. senator franken has not said there will be future hearings. i think when -- i think we can expect hearings in both houses this year. >> was there any talk about the shape of legislation. >> the other thing we are waiting for is the obama administration coming forward. they just said in a hearing there will be technology aspects to it. much farther than just location based. they

>> yeah, just to follow up on senator coburn's observation. as with any liability or accountability, legal responsibility, there's a duty of care, and that duty of care can impose reasonable measures that common sense or technology would provide the means to do, and so i guess my question is why not some liability to ordinary consumers imposed through federal law that would impose accountability for a standard care availability under modern technology with the kinds of reasonable approach, sensible responsibility? >> yes, senator, we agree with you. in the data security sphere, it's reasonable security. it's having a good process assessing risks and addresses those risks. it's not perfection. >> and why not also require remedy in the case of a breach where that kind of accountability is imposed, for example, insurance or credit freezes, credit monitoring, as a matter of law so that what is increasingly becoming standard practice is imposedded on all companies, even provide the incentive to do more? >> absolutely. that's important both to addre

>> good morning, chairman franken, ranking member coburn, and members of the subcommittee. i'm bud troubles, software technology for apple. thank you for the opportunity to further explain apple's approach to location privacy. i want to use my time to emphasize a few key points. first, apple's deeply committed to protecting the privacy of all of our customers. we adopted a single comprehensive privacy policy for all products. this policy is available from a link on every page of apple's website. we do not share personally identifiable information with others without the customer's concept and require all third party application developers agree to specific restrictions protecting our customer's privacy. second, apple does not track user's locations. apple has never done so and has no plans to do so. our customers want and expect their mobile devices to quickly and reliably determine their locations for specific activities such as shopping, travel, or finding the nearest restaurant. frabbing a phone using gps satellite takes up to several minutes. they reduce the time by usi

but these senators and can't coburn and kent conrad and tom coburn. i found that there was a willingness to discuss everything on an intellectual basis to kind of check your partisan hat and i still believe in terms of a comprehensive approach that this is the best possibility. if we can start with a bipartisan group in the senate, that is the way to move forward. not just in terms of short-term debt extension but in terms of the conference a plan. >> senator chambliss you said you all are working off of the simpson-bowles commission report. why not just about that report? >> it is easy to say you want to just take that report and put it into legislative language but the fact is that there were several options in the simpson-bowles plan on different issues, and we have had to go through and we have had to look at those options, decide which ones we think are best, number one but at the same time decide which one of those options we think is going to get 6-d votes. tickets we can go through all of this exercise and we can take all of these arrows that

. -- tom coburn. today, one senator had to be on the floor of the senate because of the vote coming up at 5:00, but give us a sense as of today, where your discussions stand. >> well, what you have mentioned is exactly right about the fact that we could have six senators sit in a room for almost six months in this town, and the contents of the discussion might get out. that is the way it used to work, and our goal was to make it work that way from day one, and they have been tremendous to work with. we have talked about a lot of sensitive issues, obviously, and this issue in and of itself was so complex that any time we reached mutual common ground on one issue, then something else would pop up, and that happened during the course of all of this, and at times, we became frustrated, but we came back together. senator cockburn made the decision last tuesday to exit the group and as he said, take a break. i am not giving up hope that tom is going to come back. ande're able to reach one, we have gotten cl

i look to guys more like tom coburn. you can't question coburn's ideological position. >> i hope you're right. that's what people around me at the speech were saying. it's an hoping salvo. jean, if we wanted to keep our debt at the level that it's at right now, not reducing it just simply keeping it from growing through spending cut, we'd have to cut our spending by 32%, or basically our entire government's budget for discretionary spending, including defense. to achieve the same goal of keeping our debt where it is just through tax increases, so forget about spending can you tell us, the government would need to take in 50% more in tax revenue. bottom line is it seems to me that we have to do both. as i explained earlier, it's simply not feasible to seriously tackle our debt without both spending cuts and increasing revenue. although you will continue to hear some conservatives say, this is a spending problem, not a revenue problem. when is washington going to start reflecting this? >> i think under a couple of scenario

coburn's report also cites jell-o wrestling and nsf project in antarctica, although the nsf says those contractors not employees. either way, coburn says that the spending is out of control. >> 12 different agencies doing pure research and we're duplicating and not sharing the experience. >> reporter: nsf strongly defends its projects telling us they, quote, have advanced frontiers of science and engineering, improved americans lives and provide foundation for countless new industries and jobs. that's true. one nsf project led to the creation of google. another led to the invention of bar codes. more recently, there is the robot hoedown and rodeo. you got to hand it to the folks who got taxpayer money to do this. now, nsf says the whackiest-sounding experiments can lead to scientific breakthroughs. robin, george? >> we'll see if it does. >> we will. all right, jon. >>> key witness speak out in the explosive trial of casey anthony, what they said about her disturbing behavior the days after her daughter disappeared. g toe for the veterans who protect our freedoms working with today's va

optimistic, but when i see the gang of six senators, the ones who have bucked the orthodoxy, tom coburn, a republican, dick durbin, democrat, they have been dropped like a bad habit. the white house pays no attention to them, and they are being ignored. >> they are my heroes -- >they have not actually announced what it is they are going to do. >> family emergency -- ken conrad said he would go ahead with something. >> my point is that neither the republican or democratic leadership in the congress or white house paying heed to them that they deserve, in my judgment. >> this week, financial format passed last year overwhelmingly -- financial reform that passed last year overwhelmingly -- republicans said that if you pass this law, yowe will not appoint people to the consumer agency. what have we come to 1when a law that passed with significant margins gets undermined with that kind of threat? >> i was reading jimmy carter's so-called malaise speech -- he never used the word -- and the language she used is what we say every week. >> if we sound like that, that is not a good sign. >> that

to be optimistic, but i see the gang of six, the once you add in fact broken the orthodoxy -- tom coburn, a republican, and dick durbin, democrat -- and they have been dropped like that had it. the white house pays no attention to them, and they won biden -- instead -- they want the biden commission. >> they are not doing it. they have not announced what they are going to -- >> family emergency -- kent conrad said he would go ahead with something and that the deal is not of t -- off yet. >> my point is that neither the republican or democratic leadership in the congress or white house is paying heed to them that they deserve, in my judgment. >> this week over the financial reform that passed last year, overwhelmingly, republicans said that if you don't change this law, to obama, we will not appoint people to run the consumer agency. what have we come to when a law that passed by significant margins suddenly gets undermined by that kind of threat? >> this week i was reading in jimmy carter's so-called malaise speech -- he never used the word -- in 1979, and the language he used was pretty

leader of the senate, and various people are hiding behind their political positions, and at least coburn, to his credit, is willing to stand up and take the heat for stating what a lot of people think it to be true. >> the clock ticking on the debt limit. we have the gang out of five. do you see this as some sort of plan? what about this deadline in front of us? >> the way i am reading this signals from others on the hill is that the grand bargain that the gang of 6 was trying to engineer is not a favorite course of action. what people are looking for is a way to get through this debt limit debate, and to do that, they have got to convince a good number of conservatives in the house that they are tackling the debt problem, but nobody has the stomach now, as we saw in the new york collection, for medicare reform at large, so i think there would to try to get around $1 trillion in spending cuts, as vice president biden said the other day. they are going to look for ways to bring in medicare spending without having to do a total overhaul, and they're going to have to figure out how to deal

senator coburn "made it clear that he won't be on newt gingrich's 2012 presidential bandwagon. gingrich is a super smart man, but he doesn't know anything about commitment to marriage," he said of the thrice-married house speaker. he's the last person i'd vote for for president of the united states. his life indicates he does not have the commitment to the character traits necessary to be a great president." >> they have a right to ask these questions. i have made mistakes in my life. i've gone to god for forgiveness and to seek reconciliation and i'd say look at my life now. look at the marriage i have, the close relationship with my daughters and their two husbands. look at the loving relationship we have with our grandchildren, and decide whether or not i am today a person that they believe could lead the country and could save us in a period of enormous problems. i think the problems we face require a leader with the courage to take the heat and to try to bring together millions of people so that collectively, we can get this country back on the right track. >> but before y

article that came out yesterday about this reported good it's really the work of carl levin and tom coburn of oklahoma. and it's a six hundred fifty page report which details. quite extensively the activities of goldman during the summer of two thousand and seven when they were dumping toxic securities on their clients and betting against them at the same. time and this mountain of evidence that's in this report stands in a very stark contrast to the testimony that was offered by the executives of goldman sachs a year ago when they were dragged into the senate by the same exact investigators and asked to explain themselves there was a their own guilty or be forgery as well as the crimes laid out in the. ads absolutely i you know one of the points that we made and and that you know my sources continually made to me is is that the kind of fraud that we're talking about you know defrauding investors. is very complex and there are very specific legal standards that prosecutors have to meet in order to get convictions on those crimes and that's difficult and hard to explain to ordinary people b

pending journalist james coburn says the case sets a dangerous precedent because international prosecutors don't have any evidence some of these crimes. would be easy to dismiss the international criminal courts appeal for aid an arrest warrant for his crimes against humanity as that is something of a farce especially considering that the international criminal court's prosecutor's office now admits that not a single member of that office actually bothered to step foot in libya to investigate these crimes against humanity with which he was charged but i think this is actually something very troubling precedent in the realm of international jurisprudence where we see the idea that for all intents and purposes nato geopolitical foreign policy can now be justified through juridical action in this international criminal court simply by fiat decreed and so the ludicrous nature of the entire operation is exposed and i'm asked for all to see in that here is a humanitarian intervention that is now literally going to be bombing and infrastructure for the libyan people on the basis of a humanitarian

. >> host: senator coburn is the ranking member, and here's part of his opening statement. >> i think we need to be very careful on this idea of security because the great education example i know is we spend $64 billion a year on i.t. on the federal government, and we are breached daily. we should not be requesting the standard that we cannot even live up to at the federal government, so the concern is an accurate one, but i think we have to work on what that standard would be, whether it's a good faith effort or something, but to say somebody is liable for a breach of security when we all know, almost every system in the world can be breached today. we need to be careful with how far we carry that. >> guest: yeah, he was talking to the federal trade commission and department of justice representatives. no one is saying it's perfect. no one says unless you are perfect, basically you're liable because there's no perfection in the siebl world. they said there has to be a standard taking reasonable measures to protect the data, and if you don't, they say there could be some sort of liab

coburn: mr. president, firt i'd ask unanimous consent that the order for republican speakers include myself and senator blunt, and the orders for senators mccain and chambliss be vitiated. the presiding officer: without objection. mr. coburn: i'm pretty amused at one the senate's doing. we sit here with a $1.6 trillion deficit and we're running bills based on political philosophy rather than what the real problems are in front of our nation. oyou know why soil expensive today? it's because the dollar's on its back and oil's priced in dollars. and if you want the price of oil to go down -- like it has this week and the tail end of last week -- is you want the value of the dollar to go up because the world trades oil in dollars. why is the dollar down? the dollar's down because an incompetent congress continues to spend money that we don't have on things that we don't absolutely need. and if you want the dollar to improve in value, what you'd have to do is hold the congress accountable for doing wh

doesn't move far enough fast enough and i think that there are a lot of other serious weaknesses with coburn as a candidate she was very weak and slow. and those are great just below the belt attacks like the one in the ad that you just showed and frankly i'm not sure this is an indicator of anything except that the republican party of new york has the bad job choosing candidates and does a bad job dispelling fake tea party that's a very interesting take on it president dwight eisenhower in one hundred forty six or nine hundred fifty six read the republican platform explicitly said you know we want we endorse social security medicare didn't come along so well b.j. but you know social programs we endorse labor they bragged in the platform in one hundred fifty six about how two and a half million people were unionized and they wanted to see that grow in our wrote a letter to his brother and her in the one nine hundred fifty four october eighth in which she said should any political party attempt to abolish social security unemployment insurance and eliminate labor laws and farm programs you wo

host: that was senator dick durbin on senator coburn announcing he was leading the gang of six.reaction to his comments? guest: we will be seeing a lot more of that as the week's progress and as we come closer to the deadline. democrats are very eager to say that this is really irresponsible to be playing with our debt limit because, as we pointed out earlier, that could affect the country's credit rating, that could affect the interest rates that we pay. right now we are sort of viewed as the safest haven in the world, and there is a huge benefit to the united states to that. if we lose that, we would be in real trouble. republicans are saying if we missed it by a day or two, it is not the end of the world, and let's keep talking until we get the best possible deal. host: you can join the conversation at twitter.com/wj. good morning, republican line. caller: i had a couple of points i would like to have mr. sullivan comment on it, if you would, please. he mentioned savings from the affordable care act earlier. the conversation going on now is rationing versus choices. i read th

tom coburn is asking the justice department to examine that report. as for stock futures, we're looking at a quiet day. a little bit higher. yesterday we edged lower, a least in the s&p. some change in the dow. the commodity stocks were under pressure. marriott getting tough marks for its rewards program. merit rewards snagged first place in the frequent travel awards. who knew there was such a thing? i'm jane king reporting for wbal-tv 11 news. back to you. >> we all know food costs are going sky high. one restaurant is going to hold the line on price hikes. >> we're talking about denny's. they are seeing costs for commodities on the rise. it will trickle down to customize but just minimally, just 1%. we'll have more on that in my next report. >> thank you. >> i am a fan. delicious. 52 degrees on tv hill. you can eliminate some of the clutter in your home while helping others this weekend. >> don't forget to e-mail us your response to our water cooler question of the day. you can share your response at wbaltv.com and on our facebook page, or send us

tax law probate or something like that right here that's that's true that was jonathan hard from coburn's office was a question a bad guy but he wanted to get a quote in and that's an easy way to do it just going through a sort of hot button word in there right but the bottom line is that it is the job of americans for tax reform to make sure that voters are reminded that the candidate that signed this pledge signed it and that they've promised to the voters i'm not going to try to raise your taxes they don't make the pledge to americans reaction from the neck the pledge to the voters that they are looking for a job application with if you're running for congress you're running for the senate what you're doing is you're saying i want to be your senator i want to be your congressman and here's one of the things going to promise you and so it's simply our job to remind people what that promise was ok and we have a clip we like the place is paul ryan describing the obama plan to be fun right let's play a clip. it would accelerate america's descent into a debt crisis it doubles the debt held

on newsmakers, tom coburn. he was a member of the gang of six.en working on a deficit plan. he talks about the nation's debt situation, the work of the gain of six, and his involvement with the nevada senator. >> he was forced to resign. the ethics committee report has, you name it, stop the affair. it discusses whether you are an inch -- intermediary of how to get mr. hampton out. >> that is totally inaccurate. i got a phone call wednesday from hampton asking me to communicating a message to john. i said i did not know. i called john and left a message. the story you hear is not accurate. >> this group known as crew has filed an ethics complaint. have you been contacted? >> i have testified before the committee. i have no worries. i would do what i did again. we put to families back together with multiple children. those marriages are stable right now. i am proud of what i did and the way i did it. >> you can see the entire interview with the senator on the "newsmakers." 10:00 a.m. on c-span. it is also available online at c-span.org. on thursda

coburn of similar size. it was a member of our committee. the spending cuts by another version of shares sacrifice. it did not involve low income folks are infrastructure investments. this is an example. there is no bones about it. if he took off five of you if we combine them all it did give them only 6% of the world oil production. 6% of the global oil production is less than 2% of global oil reserves. we are requiring them to go out and the world. there are nationally owned oil companies. this is 1.4%. look at the opec nature -- nation. it is right on down the line. here is where we are. we are this small little sliver. all these others are opec companies. they are the production facilities. you are the big five american companies. am i wrong? there is a small slice of production. it is listed on the church. these numbers look like this as well. we do not represent the reserves of the production. we do represent an important purchase of pan and the development. what you had with the rep with our share of what we want. >> did i hear the co

on tuesday morning, coburn said he was dropping out.e later told reporters that the group was at an impasse in complain that democrats were unwilling to do enough to cut spending especially on federal retirement programs. the remaining members of the group planned to meet again today. it was unclear whether they would be able to proceed. that is the "washington post." new orleans, a republican. what you think? privateup politicians' lives caller: affect your blood yes, it does, because honesty is the best policy in we should be taking our kids about fidelity. now, the hillary clinton situation -- she did not -- she wanted to be president so she said she did not care. also, it affected chelsea and that is terrible. we have a lady president and she is a prostitute on the side, would you vote for her? that is why i admire president obama. that is an example that the kid should follow. host: the egypt -- egypt ask the imf for $4 billion and support. and meredith whitney has an opinion piece, an adviser who came under heavy criticism for dis

one quick thing, we are told by a democratic source familiar with this meeting that coburn came in andts in medicare and, from their perspective, that was the wrong way to go. >> dana bash up on the hill, a significant blow for this bipartisan effort. thank you. >>> lisa sylvester is in "the situation room." we're monitoring other stories coming in, including new concerns over flooding in the south. >> there are new concerns, wolf. the mississippi river is creeping closer to the highest level ever. the record flooding has displaced more than 4800 people. this weekend the river is going to crest at record level in vicksbrg. 4,000 people have been evacuated. >>> in ireland today, the first british monarch to visit since independence. some discouraged the queen. there was a bomb diffused on a bus headed to dublin. >>> al qaeda has a new leader, at least for the time being. a source tells cnn that a former egyptian special forces officer has been named caretaker and leader. organization. saif al-adel has long played a role in the group. passing on a run for the senate is congressman paul r

on news makers this week, republican senator tom coburn of oklahoma. senator coburn was a member of the senate gang of six working towards a deficit reduction plan but left the group on may 17. senator coburn talks about the nation's debt situation, the work of the gang of six and his involve woman john ensign. >> senator ensign was forced to resign. your ethics committee report has your name on it, how you tried to convince senator ensin to stop the affair and ultimately discussed the question as to whether or not you were an intermediary or working on the question of how to get mr. hampton out and whether there would be compensation. >> that's a totally inaccurate characterization of what happened. i got a phone call one day from hampton and he said would you communicate a message to john and i said, i don't know, i'll ask him if you want him to and i called john and he said yeah so the story you hear is not an accurate reflection of what happened. >> the group known as crew has filed an ethics complaint against you. has the committee contacted you b

that's why i look to guys like tom coburn who is a party of six. you can't question his opposition, he's conservative, but he understands reality. >> i hope you're right, and that's what some people around me at that speech were saying. jean with cnn money. jean, if we want to keep the level of debt at the number it's at right now, not reducing, just to keep it growing from spending cuts, we would have to cut our spending by 35%. that's about $1.2 trillion, or basically our government's entire budgets for discretionary spending, including defense. now, to achieve the same goal of keeping our debt where it is just through tax increases, so forget about spending cuts, the government would need to take in 50% more in tax revenue. bottom line, it seems to me we would have to do both. as i explained earlier it's simply not feasible to attack our debt without spending cuts and increasing revenue, although you will continue to hear some conservatives say this is a spending problem, not a revenue problem. i know this, you know this. when is washington goin

senator tom coburn put out a report mocking the national science foundation for funding research projects$500,000 grant. the media began cracking jokes about obese shrimp. >> you know what you call a shrimp that is overweight? jumbo. jumbo shrimp. >> reporter: this, this is my idea of shrimp on a treadmill. but you won't find this guy working out . he is at charleston where they are using that $500,000 grant to do what doctors do to people. this is like a stress test for shrimp. >> yeah, it is, exactly. >> reporter: how long will they run on it? >> they will run for hours, at least five hours in some cases. >> reporter: lab director lou burnett say they subject the shrimp to environmental stresses like low oxygen or pollution and then measure their response using blood tests and checking respiration. what's next? shrimp on a stairmaster? actually, treadmills for crabs and even lobsters were the next step. not to create crustaceans but help seafood survive. professor burnett sounded a little fried accused

there are some republican senators, conservatives, saxby chapel bliss, tom coburn, who say if you do in as a net result more money to washington, they're potentially okay with that. >> okay, but dana, let me ask you the hard question. everyone says, close the loopholes, you can lower rates. everybody loves that line. then you say to him, which loop hopes are you closing, and nobody has a clear answer? which loopholes can actually be closed to get us to that wonderland of lower rates and more revenue? >> it's very hard. they are talking about closing corporate loopholes. they are talking about some things that people are not going to like, like taking away the expenditures or the deductibility for charity and for mortgages. those are very much things that are on the table, particularly in this group of six senators, three democrats, three republicans who are trying to come up -- >> but correct me, if i'm right, if you want to close loopholes and use some of that revenue to lower rates but some of it to close the deficits, means you don't lower the rates all you could. and grover norqu

in fact, it's now the gang of five, because tom coburn dropped out.man on the biden panel, vice president's biden's panel says so far all they're playing is small ball. that's what he said here last week. a couple of hundred billion dollars. realistically, what are the chances for a deal before august 2? >> there will have to be a deal. let me just say what it would take to get my vote for example. i am just one member of the republican conference. to get my vote we have to do something significant short-term and long-term. long-term means medicare and medicaid. which is why i keep leading you back to this discussion. this is the one that is going to create law. it's actually going to be signed by the president of the united states. it's going to have to make a difference. look, we have a $14 trillion debt. big as our economy. we look a lot like greece. we have the unfunded liabilities, $50 trillion in medicare, medicaid, social security. the president's own cabinet member said a week ago, both social security and medicare were in trouble. medicare so

senator tom coburn, who is a member of the gang of six, had to suddenly go home because of a family emergencythey aren't meeting right now. but they say they're going to return to the table when they get back next week, and i think the problem they're facing at this point is, you know these are three very conservative republicans who desperately believe in this goal. but the package that they're looking at would involve a tax reform proposal that raises additional revenue, but it leaves to the commits to decide how that will happen. and i think they're having a very difficult time signing off on some things where they can't control the particulars. >> brown: now, we mention the context here, which is the looming deadline on the debt ceiling. are these two things, the long-term deficit and the debt ceiling, are they inextricably tied together now, at least in terms of negotiating positions? >> well, for the moment they are. but i don't think-- i mean, i think that the debate over the long-term deficit continues once we get past the debt ceiling. i think the debt ceiling is force something kind

then "newsmakers" with oklahoma senator tom coburn. then former president bill clinton talks about medical funding. >> people often say to me, perfectly good question. how much of your time do you spend writing and how much do you spend doing research? great question. no one ever says how much of your time do you spend thinking? and that's probably the most important part of it. >> tonight in part 2 of c-span's "q&a." >> this morning, town hall.com political editor guy benson and jed legham founder and editor of think progress.orling discuss politics and the 2012