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i'm joined by rick lazio and a correspondent for the nation magazine. let me start this here.his whole thing should have been avoided last december when congress and the president negotiated the tax cuts the white house should have included back than raise in the debt ceiling because everyone knew back this we would hit this junction. isn't this gross incompetence on the negotiating side. >> they made a mistake here. they allowed the fiction that this is something to debate over become a reality. the truth is as you know, rick, nobody wants the united states to default. unlike shutting the government down this isn't a real end game. you have to call out the hostage negotiators. >> when congress approved the spending and passed the tax cuts everybody knew these lines kwon verge at a certain point in time. this was a very predictable moment. why wasn't it dealt with? >> this so many different points at which you could say there was failure. no budget being reached when obama had both houses of congress. erskine bowles, he had the opportunity to give it some oxygen. the president

i'm joined by rick lazio and a correspondent for the nation magazine. let me start this here.s whole thing should have been avoided last december when congress and the president negotiated the tax cuts the white house should have included back than raise in the debt ceiling because everyone knew back this we would hit this junction. isn't this gross incompetence on the negotiating side. >> they made a mistake here. they allowed the fiction that this is something to debate over become a reality. the truth is as you know, rick, nobody wants the united states to default. unlike shutting the government down this isn't a real end game. you have to call out the hostage negotiators. >> when congress approved the spending and passed the tax cuts everybody knew these lines kwon verge at a certain point in time. this was a very predictable moment. why wasn't it dealt with? >> this so many different points at which you could say there was failure. no budget being reached when obama had both houses of congress. erskine bowles, he had the opportunity to give it some oxygen. the president.

. >> joining me now are rick lazio, former republican congressman from new york, maria cardona and gloria forth forger. did the president get the story right here? i'll start with you, rick. what do you think? >> well, it sounds to me based on my observations of the president's press conference that he didn't quite deny the fact that there was a request to put more revenue on the table. boehner is emphatic and the republican leadership all believes that they were close to getting a deal and that the president came back after meeting with democrats and pushed him on this. he said we need another $400 billion of taxes. i think at that point there was erosion of trust over the last couple of months. at that point, i think republicans felt like the time is running out. we need the deal with people on the other -- in the other body in the senate. both parties. and get something agreed to because we just can't get a deal done with the white house. >> maria, who what do you think the rank and file democrats are feeling this evening with the breakdown? clearly, it did seem like a lot of progress