i'm joined now by nbc news national investigative correspondent michael isakoff.l that going on. they've got thanksgiving as a deadline. how likely is it they're going to find all that money? >> you can almost see the train wreck coming on this. you still have the same fundamental political stalemate that we had last summer. republicans against tax cuts. democrats against serious entitlement reform. how do you get to that magic number of $1.2 trillion? plus, you have the trigger if it doesn't -- if they're not able to reach the agreement, then you get this automatic trigger. here's where the real problem is coming on that one. that would require drastic cuts -- additional cuts in defense spending and you have a real resistance to that among both republicans and some democrats, too, saying the country can't afford serious defense cuts. you have lindsay graham saying he'll introduce a bill to repeal the trigger. if the defense cuts are ordered. and what happens then to the financial markets? all -- >> that's really the key question, isn't it, michael? a lot of peopl