hanging over the committee saying, if you don't get a sensible deal, then we have an automatically unsensibleeal. this would cut proportionately across the board, account by account, both in domestic spending and in defense. now, that's totally mindless and nobody wants it to happen. so it wasn't sposed to happen. it was supposed to get them to the table and to the deal. >> so what would you like to see happen? you sasaid a moment ago you wou like to see even more thahan th minimum, the minimum, of course, being $1.2 trillion. whwhat would you l like to see hahappen here? >> 1.2 trillion sounds like a lot of money, butt it's over te ars, and it's not actually enough to stabilize the deficit to keep the future debt from growing faster than the economy. so what i would like to see is something th does stabilize the debt, and that's going to take two major reforms. reform of medicare and possibly medicaid o the entitlement side and reform of the taxx code so that w we can raise moreevenues from a better and fairer and simpler tax system. >> that couldean lowering corporate taxes but getting rid