Alex Wagner, Douglas Holtz-Eakin Clash Over Budget (VIDEO)

03/20/2013 06:00 pm ET

Visit NBCNews.com for breaking news, world news, and news about the economy

Alex Wagner and guest Douglas Holtz-Eakin had a testy conversation about the budget on Wagner's show on Tuesday.

Holtz-Eakin, the former director of the Congressional Budget Office and economist on President George H.W. Bush's Council of Economic Advisers, defended the Paul Ryan budget while criticizing the Murray budget supported by the Democrats. He clashed with Wagner several times during the panel's discussion.

He said he disagreed with Wagner's assertion that the Democrats' proposal provided both spending cuts and revenue. "My disagreement with folks like you, who are desperately wrong on the issue, is that — did I say that right?" he asked.

"No, you didn't," Wagner said. "You meant to say deeply correct."

Later, speaking over Wagner, Holtz-Eakin alleged that President Obama has not led on a legislative front. "I think it is ridiculous to put all of this on the shoulders of the president who has gone out —" Wagner argued.

"He ran for the job for God's sake, do it!" he exclaimed.

The two also disagreed over his suggestion that Republicans have continued to offer ways to raise revenue while President Obama has refused to compromise. He continued to speak even as she Wagner countered his point that Republicans offered less revenue than they did last year.

"Let's just keep doing arithmetic, it helps," Holtz-Eakin interrupted.

Related on HuffPost:

Faces of NBC News

CONVERSATIONS