the timeline and the heens to the end are i think what is at the heart of the debate. >> i think we doarty, my party, too many people who are just flat-out debt deniers. the point josh made is the right one. it's not balanced budget, it's debt as percentage of gop. if we let debt get to 90, 9 5%, we're a european nation and we're going down the tubes fast. that's number one. number two, we've got to drive debt down between 70 and 60% of gop. we don't have to do it in the next year or two and simpson-bowles doesn't recommend that. they recommend that the debt reduction gets phased in in the out years to grow the economy and simpson-bowles says we can invest in the short run. it's like everything else, we can do all of these things if we put our mind to it. we can invest in the short run. juice up the economy as joy says, and at the same time we can put things in place, that will have some level of pain for all sides, p ut things in place to reduce the debt to a manageable percentage of gdp. if we don't do that, we're in trouble. josh i've dealt with enough ceos in my role as co-chair of