me tonight on the congressional panel, congressman john garamendi of california, congresswoman marcy kaptur of ohio, and keith ellison of minnesota. great to have you with us tonight. >> thank you. >> let's respond to what the republicans are saying. john, you first. they're saying no revenue. where does that leave us? >> the american people know what we should do. and that's a balanced approach. you gave the statistics a moment ago, ed. america wants a balanced, they want a compromise. some taxes, some cuts. we can do that. the proposal has been on the table now for more than three weeks. and we've got the revenue out there. we need to get that revenue back from the oil industry. my god, they got enough of our money at the pump. we don't need to give them a subsidy. that's but one example of many, many. >> marcy, your thoughts on getting the republicans to give up revenue, or is there going to be a deal without revenue? >> i don't think for the democrats there can be a deal without revenue because we need a balanced plan. in the original bill that passed, we provided revenue, but that was

joining us now is congresswoman marcy kaptur, democrat of ohio and jared bernstein, a former economic policy adviser to vice president joe biden. he is also a cnbc and msnbc contributor. thank you both so much for being here. i'm sorry i made you sit through the alaska gun rights thing. >> it's fascinating. >> there is a lot going on that we aren't working on because we're working on this problem that we created for ourselves. jared, let me start with you. how it is only 6% of americans understand what is true about the deficit right now? >> i think it has to do a lot with all the noise that is trying to point there in the other direction. there are a lot of people in this town whose policy agenda, whose ideology really depends on everyone's hair being on fire about the budget deficit. because their ultimate goal is to cut government, to slash government, to get rid of social insurance. and if people actually are aware of the kind of numbers you just showed, the fact that the deficit has fallen by half as a share of gdp. they say we have a spending problem. i just looked at the number

coming up next, we will talk to marcy kaptur. she sits on the appropriations and budget committee in the house. first, a little bit more from president obama state of the union address last night where he talked about climate change. >> for the sake of our children and our future, we must do more to combat climate change. it is true no single event makes a trend. the fact is the 12 hottest years on record of all, in the past 15. he waves, a drought wave -- heat waves, droughts, floods are more frequent and intense. we could choose to believe superstorm sandy of the most intense drought in decades in the most intense wildfire some states of ever see were all just a coincidence, or we can choose to believe in the overwhelming judgment of science and act before it is too late. [applause] the good news is, we can make meaningful process on the issue while driving strong economic growth. if congress will not act soon to protect future generations, i will. i will direct -- [applause] i will direct my cabinet to come up with executive a

and then marcy kaptur

. >> congressman john garamendi, congresswoman marcy kaptur and congressman keith ellison, great to have on the program tonight. >>> eric cantor's world of lies about the world of warcraft. we'll are the facts between the gop's latest dishonest talking points. and the two governors disagree. the big panel on the president's big plan for infrastructure. stay with us. we're coming right back. [ woman ] my boyfriend and i were going on vacation, so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot even on a holiday weekend. ♪ things are definitely looking up. [ male announcer ] with no blackout dates, you can use your citi thankyou points to travel whenever you want. visit citi.com/thankyoucards to apply. ya. alright, another one just like that. right in the old bucket. good toss! see that's much better! that was good. you had your shoulder pointed, you kept your eyes on your target. let's do it again -- watch me. just

host: congresswoman marcy kaptur, democrat from ohio. thank you very much for talking to our viewers on the next "washington journal" representative david s chweikert untaught creation. then foreign affairs issues, including the president pose a trip to israel next month area after that, a professor discusses the national labor laws. plus, your e-mails on a phone calls, and tweets. watch "washington journal" on c- span. >> on c-span tonight, as senate confirmation hearing for treasury secretary nominee jack lew. then president obama discusses job creation. and new guidelines on cyber security. we'll get to jack lew's confirmation in a moment. first the cbo director douglas elmendorf testimony. he warned of the sequester could cost 750,000 jobs. >> could you tell me in terms of the negative economic impact of the sequester, the .6%, what does that translate in point of lost jobs? >> our estimate is that the sequester alone would reduce gdp growth this year by zero point six percentage points. it would lower that gdp at the end of the year