fair and balanced debate, ford o'connell and democratic strategist mary ann marsh, former adviser to senator johnry. welcome to both of you. >> thank you. >> good morning, jamie. jamie: mary ann, the highest wage earners in our country, that's who the president pointed out last night. yet the reid plan doesn't call for new taxes, higher taxes. did he undercut his own party's plan? >> i think everyone's undercut everybody, and as a result undercut this country. the fact is, without revenues we're not going to hit $4 trillion in cuts, and that's what it's going to require for goldman sachs and standard and & poor's not to downgrade our credit. so we're now in the unbelievable position of perhaps avoiding a default only to have our credit downgraded, and that just shows you this entire debate is politics at its worst because people are putting their own political interests before the best interests of the country, and that is just wrong. jamie: what do you think? >> well, i definitely think the president was playing class warfare last night, but the bottom line is taxing the rich is not a long-term