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>> the vast majority of stock is owned by the top 5%. it is true that a lot of americans bought a very tiny amount of stock indirectly but the fact is that when you increase the deficit by $2.3 trillion, that's an additional debt -- >> laura: so now you are a deficit hawk? >> i'm against -- >> laura: i am too, by the way. you guys were against budget caps. you didn't want to do the budget caps. obama was dragged kicking and screaming for the sequester caps. i was all for those. a lot of big spending. >> the level of spending is consistent with the levels it was under the reagan administration. >> laura: what did obama do for spending? the only reason you got it under control as they had to do the sequester caps because we were blowing through it. >> we couldn't afford these fact on my tax cuts. they want overwhelmingly to the top into the giant corporations and they impose an additional $30,000 of debt on the average family of five.

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