more analysis-- dean baker, co- director of the center for economic and policy research; and doug holtz-eakin, president of the american action forum and former director of the congressional budget office. >> thank you so much for joining us tonight. >> thank you. thanks for having me on. >> so the president says he wants lawmakers to come to a compromise. let me begin with you, doug. what do you think is a fair deal? >> i think the important thing to recognize is that, in fact, both sides have agreed on two very important principles. number one, it is important to keep the government open. to close it is not desirable. and two, the cuts are necessary. both sides have agreed to that. we have seen the degree of spending cuts, and the degree of agreement about them grow overtime. i'm optmistic they'll get a deal. i'd say the most important thing is not the dollar value of the cuts, but the kinds of cuts that are made. you want to preserve the available-forward-looking investments, and the president has made that a priority. and you want to cut out other items. >> susie: dean, do you agree with

the former director of the congressional budget office, our friend doug holtz-eakin, look at the economic incentives behind the bill projected 35 million americans would be transition out of their existing coverage. now, that number ladies and gentlemen, could impact be much higher and the destruction to employer based health insurance coverage could really turn out to be massive. you will remember that the president said at the very beginning of the health care debate that americans would see an annual decline in the health insurance premiums. he had said early on it would amount to $2500 annually for the typical family at the end of his first term. i don't think this needs any further discussion. the congressional budget office said if you buy individual health insurance in the market you increases between 10 and 13% in your premium. the actuary at cms is attacks on drugs, medical devices, health insurance, all of which will result in higher premiums. the president you recall said the purpose of health care reform was to bend the famous spending curve downward. he promised that would ha