engage on this front and it is unfortunate --. arthel: well, president obama says spending cuts could come in future deals. so how much more money are we talking about that we'll be putting out? according to the congressional budget office the bill contains $600 billion in new tax increases but just 15 billion in spending cuts. that is reportedly a ratio of 41 dole to one and the deal has more than $300 billion in new spending. bringing in stuart varney, host of "varney & company" on the fox business network. you're not doing the happy dance this morning, are you? >> no i'm not doing the happy dance. let repeat the big picture. taxes are going up. there is no significant cut in spending. in fact spending will go up. the debt continues to mount. arthel, at the risk of sounding harsh we look a lot more like greece as of this morning. some details, everyone who