Reversed himself also and is now creating this front group thats going to raise a lot of money lou youre talking about the organization for action. Exactly. To accomplish his agenda, yes. Lou for what . To accomplish his agenda. Thats exactly what hes doing. Lou yeah. Of so, basically, what weve got to do then in this sort of view of democracy is weve got to get a bunch of billionaires to contest the principles, the issues that will determine the destiny of the nation, and as long as weve got countervailing billionaires, we have a political system that works, is that right . [laughter] right. Lou thank you very much. It didnt work too well last time. It didnt work too long last time. Lou ed rollins, matt patrick, thank you. Thank you, lou. Lou poor matt patrick. Thats it for us tonight. Thank you for being with us. Coming up next week, haley par bear joins us, andrea tantaros, and thank you for being with us tonight. Have a great weekend. Good night from new york. Charles a 205 billion deficit in just 28 days. Heres the outcry. Well, all the guys crying foul and cutting a measly 5 billion a year. The longer these cuts remain in place, the greater the damage to our economy. A slow grind b that will intensify with each passing day. Charles welcome, everybody, im Charles Payne in for neil cavuto. And as lawmakers whine about those automatic spending cuts, news our deficit topped 205 billion last month. Gina london says if washington is crying over small cuts, how are we ever going to worry about this monster of a deficit . Gina, we want to start with you. This is nuts. I mean, the bigtime money piles up, and we keep looking at this 85 billion which in the grand scheme of things is the proverbial drop in the bucket. The drop in the bucket is exactly right, charles. If you look at february of last year compared to february of this year, we went down in our deficit each year from 235 billion last year in 20 the 12 to 205 billion, its like 25 billion is all weve do with a 600 billion tax hike that we have just paid. You look at those kinds of numbers, youd have to multiply that times eight, in other words a 4. 6 or 8 trillion dollarax increase on mostly middle class americans just to stop adding to our debt. This is really where we are. These clos in washington, d. C. Make the greek politicians look, you know, really fiscally sound these days. Charles charles all right. Linwood, what do you think about that . Well, i mean, shes right on. 85 billion over seven months, which is what the sequester will cut from march 1 til the end of september, and we ran way over that in one month. And the reason we have to get our debt under control is because thats how were going to really turn the economy around. Our debt is now over 100 of the size of our entire economy, and its really constraining growth. Of its one reason why were seeing such a stagnant recovery. Charles you know, ford, i guess at this point can we all admit we do have something of a spending problem . Well, i think we do, and what it shows is how ridiculous the president s sequester shenanigans were. The deal here is very simple. You know, the president thinks we can tax our way out of this, and he doesnt want to talk about it, and the fact remains if we tax everybody in this country who made over a Million Dollars this year at 100 , that would only bring us up to 726 billion, and the deficit this year is going to be 8900 billion. The bottom line is until we modernize entitlements, medicare, medicaid, Social Security which are 62 president jr 62 of federal spending, if we dont address entitlements, this is going to continue. And the sad part is the president doesnt want to talk about it was by not talking about it, essentially we could wind updevaluing our currency and hindering private sector job growth which is the only way were going to get people back to work. Charles gina, we just had a jobs number, the president may look at that and say what a robust jobs number, we can spend a whole bunch of money and have a robust economy. I wish that were true. Its not that simple, and we all know it. And nobody knows, you know, how those numbers really break down yet. But this is the deal. This is a print and borrow dosido that this president has had us on from the beginning of his presidency, and that is his approach to this. Americans are going to have to make a decision and, certainly, the gop in washington, d. C. Is going to have to make a decisioning whether they are going to continue this print and borrow dosido and just tax people if were really talking about taxing this tet away debt away. And theyre going to have some serious spinal cord. Charles maybe, linwood, the answer will be sort of like this payroll tax hike when the new Health Care Taxes can kick in, and were already seeing where at least 35 of them are going to be paid by people and families that make less than a quarter of a million a year, maybe when it starts to hit main street in the wallet, the people who heard they will be immune to this stuff, maybe thats when the tide turns. Well, i hope so. Look, i have more confidence that the tide is turning, charles. If you look at 2004, Government Spending wasnt even an issue. And it was still, you know, bush was still spending, and he was spending about as bad as obama. But the point is if you look at what the public cares about, right behind jobs and the economy is government somebodying. So theres still a long way to go on educating americans on difficulty of addressing this problem by really modernizing the entitlement programs as ford was saying, but i think weve seen americans come a long way since 2004, charles. Charles well, you know, ford, thats interesting because americans have come a long way, and yet the election outcome wasnt much different than four years earlier. And theres still this issue of people not wanting their entitlements to be cut. Theyre okay with the notion of cutting them but just maybe not mine. Well, thats the american way. Unfortunately, if were actually going to get the debt under control, both parties are going to have to be honest. The gops going to have to say, you know, have some spinal cord, but aso the democrats are going to have to be serious about what the effects are. And we can all sit here and talk about this, but really the folks out on main street really dont know about this. All they know is weve got a serious problem, and nobodys explained to them why its eventually going to hit their bottom line. Charles how do you explain that to them in a way that gives them a sense of urgency . A lot of times it feels like, okay, Something Real bads going to happen 20, 30 years there now. And thats exactly right. And if we dont get this under control, essentially, there arent going to be any more jobs. A lot of people say, gee, we need to increase the minimum wage because the price of milks going up. The value of your dollar is going down, and at the end of day weve got to put measuring back on a path to fiscal sanity. Charles gina, i started with you, i want to end with you. The idea that both parties can be, quoteunquote, honest with the american public, is that where i lose all hope . [laughter] perhaps. Its definitely going to take some tough talk. And, again, the gop needs to stand their ground, and i really believe this would be the smart thing for them not only economically, but politically. The American People are feeling this. They packaged this as a, this 600 billion tax increase as supposedly on the rich. We all know this hit Social Security taxpayers more than anyone else, and most of those people are middle class. So washington, d. C. Is lying to us, and if the gop would call out the democrats on this, i believe it would really behoove them to do so, especially let me say one thing. Its not just the gop calling them out, its also explaining the problem. We can say the gop has the high ground right now, but both parties really have to be in this together. Charles absolutely. We need honesty, and we need someone to really, truly articulate this. You guys did a fantastic job doing that, and i appreciate it. All right, president obamas reaching out to his honchos. Hes calling the top ceos, but not this ceo. The former apple head whos worried the president s talking and taxing too much and cutting too little. But, first, after the tax whack is the big mac getting attacked . Why the bad news out of mcdonalds has people worried that this recovery is in reverse. [ woman ] if you have the audacity to belie your Financial Advisor should focus on your longterm goals, not their shortterm agenda. [ woman ] if you have the nerve to believe that cookie cutters should be for cookies, not your investment strategy. If you believe in the sheer brilliance of a simple explanation. [ male announcer ] join the nearly 7 million investors who think like you do face time and think time make a difference. Join us. [ male announcer ] at edward jones, its how we make sense of investing. Why do more emergency workers everywhere trust duracell . Duralock power preserve. Locks in power for up to 10 years in storage. Now. Guaranteed. Duracell with duralock. Trusted everywhere. Hey, travis. Get some friends, loser so, are you all right, man . Yeah. Let me help you out. Thanks. Lean on me, when youre not strong, and ill be your friend. See you around. Yeah. Ill help you carry on. Charles the white house celebrating as some jobs start to return. The economy adding 236,000 jobs last month, and that, well, thats got the administration saying that the recovery is gaining traction. Well, tell that to the peeks at googles motorola unit or jcpenneys, those Companies Cutting thousands of workers, and people are cutting pack, get this, on buying big macs at mcdonalds. U. S. Sales fell last month. So from big macs to e. Mac who says the economys still slow, so the white house should show down on the victory lap. Al lewis is also with us, but got to start with you, e. Mac. Maybe too soon for the pompoms. Yeah, sounds great, but, you know, when you start revised, of course, the government revised down january by 38,000. The rate of growth in jobs is at an 18month low. Were still creating only 191,000 jobs. This really is the worse fouryear recovery since the great depression. Charles you know, margie, listen, i think we have become because this is the worst postrecession recovery ever i think weve become so accustomed to such weak numbers that we do feel great when we get a number. 200,000 . Wow, that is amazing. But is it really amazing . Well, weve had 37 straight months of private sector job growth. The last time we had such a strong 37month record was in the mid 1980s. I mean, i think were seeing some recovery here that has taken us out of where we were at the end of 2008 which was a really serious and for the whole country. Charles right. And i think weve made a lot of ground. Now, of course, were not out of the woods yet. Of course, when i talk to voters around the country, i do focus groups around the country, people say im struggling. Im struggling to make ends meet, im struggling to stretch out my paycheck, im struggling to pay my mortgage, and thats still true. And its not until the economy recovers further and unemployment goes down a little bit more that people are going to feel a little pit more optimistic. Charles ive got to tell you, al, i think unemployments got to go down a whole lot more, and i certainly wouldnt use superlatives like strong to talk about the job market. And instead of focus groups maybe those 4. 8 Million People who have been chronically unemployed, theres some things to be worried about here theres a lot to be worried about here, charles. You know, were still nine million jobs short of where we were prerecession. And this is really slightly better job growth. Weve got the trend right,. But at this rate were not going to turn to prerecession levels unemployment until 2017. Now, in some ways thats the good news because the only thing good about this economy is our Federal Reserve keeps dumping money into it, and when they get unemployment low enough, theyre going to stop. So i dont know whether we should be cheering this or maybe a little fearful of this. But the fact of the matter is i think this is business as usual. We always get these strong economic numbers at the beginning of the year, and at the end of the year were going, wow, that wasnt such a great year. Charles you know what, al . Youre young. 2017, no big deal, right, liz . He is young. Im not that young. Youre not too young to remember that this economy charles, youve been saying this, too, weve been in bubble territory since the late 80s, and i dont know if the government has realized that this economy has been almost destroyed by five bubbles since the 80s, housing, real estate, dot. Com bubbles, so one analyst said its as if the u. S. Economy was or wearing platform shoes for the last 30 years, but the policies havent been reset to account for that. Thats the iue. Theyve been so used to the numbers coming charles do you think the string of bubbles is because politicians are so afraid of a hard landing, a short hard landing but a hard landing to readjust that its always about somehow weve either got to find a soft landing or a false premise or, you know, false facade because well be voted out of office . Yes. And thats why the Federal Reserve is now on that political fast track. The danger zone is, is that when the economy starts to improve, then the fed pulls back, then the stock market says, wait a second, th Federal Reserve is getting out of the market, holy cow. They can check in, but they can never leave. Thats a dallas fed charles orr the bronx tale, now you cant leave. Roach motel. [laughter] charles margie, we spoke with Austan Goolsbee earlier. Im not sure if he meant to make this point, but he talked about how rapidly Government Spending declined last year, and i thought it was entering that as that declined so rapidly, the economy started to build momentum. Youd think maybe at the white house they may say lets step back a little bit, particularly after the sequestration drama which so far has been much ado about very little. Is there possible that there could be a change in course . El, i think there are a few things to Pay Attention to. One is overall views toward how the countrys doing, and when you look at voters overall optimism, its not where we were before the crash in 2008, but its improved over where we were just a few months ago, and its improved over where we were in 2011. So there is in 2010. So there is some real improvement there. And also as far as sequestration, i mean, thats really the next real hurdle. Because were only a couple days into it. You have almost a million mothers, pregnant women and children whose food support might be cut off. Youre talking about formula for hungry newborns that might be cut. These are some serious, serious spending cuts charles margie, were running out of time, and ive just got to say one thing. Wouldnt it be better to have a great economy where people could buy their own food, buy their own milk . They have a job they have pride in, it wouldnt be about whether or not the government could deliver a check to them twice a month . I think everyone agrees that thats the goal. But what if somebody doesnt have that job and dont have that food, what should we do . Should we do nothing . Charles maybe create an economy al, ill give this to you last, but i think we should just create an economy where this happens and not artificially to your point about the fed earlier. Well, the way to do that, charles, is by adding jobs to this economy, and none of the policies that weve pursued so far are adding jobs. So, you know, i dont know. Charles all right. We cant just thats not what the jobs report says. Real estate prices with free money. The jobs report is pretty lame. Charles lets leave it there. Like i said, were in an age of mediocrity being fantastic. All right, guys. Hey, listen, the job withs bill burning down, but youd never guess what companys rising from the ashes. A former apple see eurozone on ceo on what happened alec, for this mission i upgraded your smart phone. Right. But the most important feature of all is. The capital one purchase eraser. I can redeem the double miles i earned with my venture card to erase recent travel purchases. D with a few clicks, this Mission Never happened. Uh, whats this button do . [ electricity zaps ] you requested backup . Yes. Yes i did. Whats in your wallet . Charles apple and google going their separate ways, each doing a 180. But not a good reversal for apple, down a whopping 63 from its alltime high. Google, order, well, its rocketing and twice hitting alltime highs just this week. And now its taking apples seat as the mostowned stock by the 50 largest u. S. Mutual funds. The former apple ceo gil amill owe on whats going on. When they were saying apple was going to a thousand, a week later it started to collapse. Well, you know, the products by the way, charles, its delightful to be with you. Charles same here, thank you. Let me just mention, if you look at what apples doing now and in the recent past, what theyre doing is theyre upgrading the existing product line they have. There hasnt been any new sort of hypnotic kind of new product coming into the market at this time. At the same ti, theyre also getting serious competition from people like sam supping and the iphone, everybodys coming out with pads of one kind or another, tap lets and soport. And after all, steve jobs is gone now, and its only natural for people to think that is tim cook up to the job. I think hes very admired, i think hes very capable, but filling the shoes of a steve jobs is very difficult. I think all of those things have weighed against the apple stock. Charles ls talk about the tim cook aspect because this is one that intrigues me a lot. Its hard to quantify the impact, but my point of view, yeah, hes sort of like larry holmes following muhammad ali, but by the same tokennen, gil, when tim cook speaks, i dont get the feeling he wants to win every skirmish. He wants to lose the war, but if they lose a little battle, i dont get that feeling whereas steve jobs wanted to win every single skirmish, and i think tim cook has lost the confidence of wall street. Well, i cant comment on that. Youll have to comment on that. I think that hes definitely has a different style of management than steve does. Steve, as i know all too well, was a very intense guy. And he took no prisoners. I think tim cook is more of a people person. I think theres a lot of things about that that are good. I think the employees of apple, frankly, like it better. But what hneeds to show is that hes going to when an issue comes up or when theres lack of performance, hes got to demonstrate leadership s. And so far people are still wondering whether thats happening or not. Charles there have been a couple of hiccups. The iphone launch, the maps, you had a couple Key Executives leave. Are we getting to a point, though, some sort of major Inflection Point where theyve got to deliver . In other words, before the average investor, not the wall street pros per se, but just the average investor whos hanging in there with apple before even they give up . Apple is still surprisingly a cheap stock. The p to e is still pretty low. The real issue that theyre worried about, i think the streets worried about, is not not fundamental business is great. The issue is are they going to have a repeat of, for example, the iphone 5 launch where the spire inventory that apple put on the shelves is gone in one weekend, and then it was another month before they could restock . That definitely doesnt send warm feelings to a lot of people. So i do think they have to sweat the details a little more than they appear to be doing. Charles yeah. And, again, listen, for me execution is, to your point, thats unforgivable, but thats not the longerterm thing that i think scares a lot of people. In other words, okay, maybe next time theyll execute and have the inventory, how about people just wanting it . I keep hearing stories that demand is down, stories that leak out all the time that maybe theyre making fewer ipads this time and this. I mean, almost everytng seems that theres a major slowdown. Maybe from a stock market point of view itll be good because expectations on the company will get lower, but theyre going to have to do something to wow everybody one more time, no . Thats exactly what i was saying. I agree with that completely. I think whats happening on the existing product line is that the s curve is kicking in, and, you know, when youre at the beginning of the s curve, its really glious. But soonerrer or later that s turns over again, and thats kind of where apple is on most of its products right now. It needs something new and exciting and startling to captivate everyones imagination and to prove that, you know, tim is up to filling steves shoes. Charles on that note, startling, something out of left field, maybe a revolution in watches, maybe a revolution in television. Could those be the two places that they show that the p apple magic is still around . Well, you know, i think they would depending, of course, on the details, i think that they would certainly offer that. I think especially on the tv side. The patterns, paver patrns of people relative to tv has changed dramatically with the rise of the internet and other technologies. And the Television Model hasnt really caught up with that change yet. So i think apple could really do something important here. I think the watch thing is sort of cute, but im not, im not convinced t that that will be, that will have a big impact on their earnings. Charles not a dick tracy fan . [laughter] well, i love dick tracy. But to be honest, if i had one, i wouldnt use it. [laughter] charles well, you know what . I dont even know how to use the gadgets i have already. Gil, i really thank you. I appreciate your expertise, and well see you real soon. Thanks a lot. Charles former labor secretary robert rice on a tea party rampage not only saying theyre extremists, but claiming they are holding the u. S. Hostage. Next, the tea partiers tell robert, well, hes just not [ male announcer ] how could a luminous protein in jellyfish, impact Life Expectancy in the u. S. , real estate in hong kong, and the optics industry in germany . At t. Rowe price, we understand the connections of a complex, global economy. Its just one reason over 75 of our mutual funds beat their 10year lipper average. T. Rowe price. Invest with confidence. Request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investi. Charles well, the tea party under attack again, this time from a former clinton labor secretary, robert rice, writing on his blog. Quote the president should let the public sea the tea partiers for who they are, a small, radical minority intent on dismantling the government of the united states. As long as they are allowed to dictate the terms of public debate, they will continue to hold rest of us hostage to their extreme itch. Extremism. Katrina pearson and dade webb, as you can imagine, are fuming. Katrina, i want to start with you. I mean, the attack on the tea party has been instant, its been nonstop and, in my opinion, completely unfair. Well, its been completely unfair but, charles, the tea party is dead, didnt you get the memo . How do we go from the tea party, a, not even being real to being a political arm of the Republican Party to being, yeah, it was an organic party but its dead to all of a sudden being some grand group thats going to take over the government . I mean, even coming out of berkeley, thats insane. Charles well, i think hes saying theyve already taken over government, certainly enough of government to be obstructionist. Well, you know, obstructionist is a completely different story because it fends on what youre obstructing. And what we witnessed a couple of nights ago when you cant even get the attorney general to say, no, we dont want to kill americans here at home, i mean, we probably should be a little bit more obstructionist moving forward considering we dont know what theyre trying to do. Charles you know, david, this kind of language, you know, you and i have talked about this many times in the past, and i see a onetwo thing going on here, and im going to be completely honest. About a week or so, last week when the president was talking sequestration and all that stuff, he talked about there was one point in his press conference where he says it was just some people down in washington who maybe dont like him, they draw horns on his head. Really what i think they suggest sometimes is that these people are motivated through racism, like a lot of people simply in the tea party are racist, they dont like the president , therefore, you can never get any sort of deal done in washington d. C. So what hell do is go around and take the guys who maybe arent racist to lunch every now and then and see if they can work around them. Well, thats a gat sounding attack, but its not true. Lets face it. There are millions of americans who object to this president , there are millions of americans who voted for him who now object to him. They get buyers remorse. They have to paint extremism, and the if the tea party is this Massive Group thats so powerful, why are we relevant to their dialogue . Because of simple facts, charles. We changed the narrative back to what americans recognize. You cant spend more than you earn. You cant be fiscally irresponsible. You cant run a country on debt and deficit. And the real satire in d. C. Or the sad satire is that they turn around and tell us we can borrow our way to success when 77,000 people or so have left the fulltime work force this month or last month charles heres the thing and more than that are going on the parttime rolls. Charles i know what you stand for, ive watched it from infancy. But the public perception, i feel like perhaps the robert rices out there win it with the overtures like this. They really are losing. Heres where theyre losing charles how does the public see the tea party . The average person, do they think theyre racist, meanspirited . Some of them buy that narrative, but not most americans. Most americans fall into i dont know, and thats to be fair. But there are more and more americans who are looking at these pocketbook issues and these Kitchen Table issues and saying, i get it. What weve done is the most dangerous thing to the administration. Weve changed the narrative from government being the provider of first resort to government being the provider of last resort. We want opportunity. We want a federal government within the boundaries of the constitution, a government that does what it was formed to do, protect the nation. Charles katrina, you know, you started off, and i know, you know, obviously, youre being somewhat facetious saying the tea party was dead. It does feel like, though, its lost a lot of steam from those Midterm Election victories a few years back. What the does the tea party have to do in order to redane that momentum and also brand itself instead of letting robert rice brand them . Well, i think the branding position of the tea party has already been done. Youve seen a lot of tea pertiers shift into what we call policy mode. Were actually engaged in the political process. Many people are now running for office, many people are now working for candidates existence establishment campaigns which you saw happen right near texas with ted cruz. And i think itsime to really get serious. But as far as branding, Something Else that we didnt talk about yet thats in this blog is that their painting us as the divisive group in this nation when you didnt see tea partiers pushing grandmas over cliffs, you didnt see tea partiers telling pregnant women theyre not going to get to the go to the emergency room. No one is playing any type of us against them with the exception of the liberals, and theyre trying to make us own their damage, so it lets us know were doing whats right. More people are starting to resonate, and thats getting back in charles i will say this, david, but i think you guys are both right with respect to people starting to get this in part because they are feeling it. All of these people promises were made to, i wont hurt you, i wont hit you, im just going after those rich guys, well, theres a payroll tax hike, theres a paying for obamacare. So regular people, david, are starting to feel this, and i know ultimately that does help your cause. But between now and a gigantic epiphany in this country, what happens . With we need to debate that robert rice doesnt want, the administration doesnt want. Robert rice wont debate on the merits, keynesian versus austrian, insert whatever term you want. They dont want the debate, they want to stifle it. The tea party says lets have the debate. Our elected officials are hired by us to do the job, then let them go up and do their job. Charles theyre not going to have the debate, its so much easier to defeat you guys with the help of the media and misinformation. You guys are both fantastic, well see you again real soon. Hey, you know, you cant shop unless you can prove that youre not mad. Thats right, a push for anger management thats got millions of shopper ors really angry. You cant fire me, i quit think you can replace me with some other guy . Go ahead, it wont be the same. You may think im losing, but im not. Anyway, you get the charles guns are big business, commercial sales of weapons and ammunition hitting 5 billion just las year, and theyre growing by double digits. On the phone now, democratic Florida State senator Audrey Gibson pushing a bill that requires bullet buyers to take anger management classes. Representative gibson, thanks a lot more joining. This seems on so many levels to be sort of absurd. Why would someone take an anger Management Course before they can buy bullets or maybe a gun . Well, first, thank you so much for having me. And the bill does not talk about the purchase of ammunition. Its a Public Safety bill, actually, first that says we will put into statute the same waiting period for all firearms that we have for handguns. The other part of the bill talks about the fact that, um, before the purchase of ammunition, anyone purchasing ammunition would take a twohour what i call an introspection anger management class. Two hours, you can take it online, at your house, you dont have to go anywhere. Its not pointing fingers, its not charles well, it is pointing fingers in a sense that, you know, since newtown its felt like almost any legal gun owner has, its sort of like if youre not for all of these incredible changes to the laws, perhaps even the constitution, that you are de facto aiding and abetting any mass shooting. And its felt like this from immediately, like there were people out there who never did like the second amendment, and they found an opportunity to go ahead and make this sort of harsh, you know, move against people who rightfully own guns. And by the way, 99 percent of these lawful gun owners dont commit any crimes. So i do think it is finger pointing well, if you let me say something, i dont know about the other people, all i know about is this legislation charles but whats the purpose for the anger Management Course . It doesnt point fingers at anyone. It does no ban any guns. It does not ban any ammunition. It just ss lets look inside and see what triggers, what triggers may be, may be that would cause me to reach for my gun. Charles okay, senator gibson, what if i have an anger management issue . Can i have a gun . Ive never committed a crime, ive never hurt anyone, but i fly off the handle every now and then. Can i have a gun under your rules . The rule doesnt say you cant have a gun. It has nothing to do with that. Charles then whats the purpose of it . Take the course, take the twohour course, print out the certificate, keep your certificate in order to be able to buy ammunition. For ten years. Its good for ten years. Because the bill is not designed to be prohibitive. Charles well, it sounds like it will be prohibitive, and it sounds like its going to label people. It doesnt label anyone. Charles would you propose doing the same thing for people who want to buy a car . Enter we have road rage laws for people who act out in their cars. Charles we have a lot of laws for people once theyve committed a crime. Im talking about before they buy a car, because peoe have done a lot of damage well, let me tell you this, let me tell you this. The, um, legislation that i proposed doesnt suppose that someones going to commit a crime. Thats not it at all. Charles what is the purpose it doesnt presuppose that. Charles what is the real purpose, the honest purposesome yeah. The purpose charles to demonize people in. The purpose that i said in the beginning is Public Safety and introspection. So there may be charles what does that mean though . I dont understand what youre saying. I described it. Charles i dont get it. So you want to feel comfortable, you want to feel comfortable judging who might want to buy bullets out there . You want to have the bill doesnt, the bill doesnt judge anyone. It simply lays out to purchase ammunition anyone, anyone, anyone can take the twohour anger management class charles and, of course get the certificate and print it out. Charles like a had lot o these things that have been suggested, the criminals, the people who go out there and shoot people every day and shoot innocent bystanders, of course, theyll never take one of your anger Management Courses, will they . Well, then they will never get any ammunition. Charles oh, theyre going to get it, they get it now. All right, thank you. Charles thank you very much. Youre welcome. Charles well, the president breaking bread with lots of republics lately, but that could actually cost you lots of bread. The washington legend worried more tax hikes are on the menu. Charles well, the scare tactics didnt work, but looks like the charm tactics might. Because now Senate Republicans are open to working with the president after getting wed and dined by the president. And many of the gop are worrying that means theyll join john mccain and Lindsay Graham in being more open to revenue. Former democratic senator bayh on dorgan hopes thats true, he says more revenues needed. Hes joined by former republican senator bob bennett. Senator dorgan, we want to start with you. Listen, i guess after clubbing the republicans, beating em up pretty good the charm defense offensive, rather, with was maybe the last arrow in the quiver, but you think it might work. Well, what i hope will work is that people talk about these issues, significant and serious issues the country faces, and describe conditions under which compromises can be reached. Fact is, we need to solve these problems, and the lack of going back and forth and trying to find Common Ground has not been very beneficial. So i think what is going on now is fine. And, by the way, in order to solve these deficit problems, we have to do a little of everything. You need restraint, you need entitlement reform, fiscal restraint, spending restraint, and you also need some additional revenues. Charles and with all due respect, everyone says that. Thats the answer that every Single Person o both sides of the aisle, for the most part, will say. And yet when it comes to cobbling some sort of a deal together, we dont necessarily get that. I agree that maybe breaking bread isnt so bad. Certainly its better than going on tv or across the country in campaign style, but having said that, senator bennett, compromise mns that both sides give up something. What do the republicans think the president should give up . Well, compromise doesnt necessarily mean like a financial deal, okay, lets split the difference between these numbers. Compromise can mean look at my problem, and i will look at your problem, and maybe we can come to an agreement here. Not a compromise that sacrifices anything, but a recognition that the other guy may be right. One of the problems here is that neither side is willing to give the idea of good faith to the other, and as a consequence you get expressions of bad faith on both sides and then accusations of bad faith poisoning the well which makes it impossible to make any kind of a deal, even one on which both sides could agree. Its the poisoned atmosphere here thats the problem. Charles so i like the way you framed that, but if that is the case and both sides are adamant about their belief system and they cant be swayed, should compromise be like a financial deal, not necessarily a 50 50 split, senator bennett, but perhaps ive got to give up something in return for Something Else . Well, lets take a look at whats now going on in the controversy over the closing of the white house to tours. As people on the right are coming up with a whole list of things that they think could be shut down by the government and make more sense than shutting could be shutting down the tours. Why didnt they put those in a piece of legislation and send it to the president for his signature or his veto instead of driving us to a sequester which takes the congress out of it entirely . Its now the congress by pushing to the sequester has put the president in a position where he has complete control of what gets cut and what doesnt. And now theyre not liking what hes deciding. But theyre the ones who gave him the power to decide. They should have said, okay, mr. President , these are the kinds of things we think should be cut and then have him look at some of them and say you may very well be right. That may be a dumb thing, and thats how you get a deal. Not this kind of tremendous confrontation thats been going on. Charles right. I guess, senator dorgan, on that note they feel like, okay, the president with some of these things it feels like false shenanigans, a lot of volunteers do the tours, the guy in charge of the operation just got a massive pay increase over the last few years. When the public learns about things like this, maybe they win a little bit of a Public Relations victory. Maybe this is what the problem is, maybe theyre too busy trying to score Public Relations points and not getting down and cobbling something together. But do you agree, senator doan, with the idea that compromise isnt a financial compromise but somehow persuading the other side to adopt your ideology . Well, first of all, nobodys scoring any points here. I mean, my gosh, the sequester is an assault on common sense. Its thoughtless. So neither sides scoring common, you know, scoring any points. I just think we shouldnt be suspicious of people that want to compromise. Thats the lubrication of democracy has always been when people think differently about issues, sit down at the table and can try to come to some resolution. Whats happening now is theres no resolution on anything because theres complete, total gridlock. Lets not be suspicious of attempts to find Common Ground. Charles do you agree though, at the end of the day when its all said and done, the president is the one who somehow has to find a way to bring both sides of the aisle together on these Critical Issues . Well, the president should do that, but be youre going to have pares dancing, youve got to have a pear. And i think all sides need to understand the countrys sick of this. The countrys fed up with grid lock. Its time for people to sit down and understand that we all wear the same jersey, usa, lets fix these problems. Charles gentlemen, thank you. Senator dorgan and senator bennett, maybe you guys can come back and whip these guys into shape because as of right now it doesnt look too good, but we appreciate your timeand i learned a lot. Thank you. Thank you. Charles well, everywhere you look, youre going to have to pay up. Taxes are going up on gas, on with the spark miles card from capital one, bjorn earns unlimited rewas for his Small Business take theseags to room 12 please. [ garth ] bjors small busiss earns double miles on every purchase every day. Produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less . Ahh, oh [ garth ] great businesses deserve limited reward heres your wake up call. [ male announcer ] get the spark Business Card from capital one and earn unlimited rewards. Choose double miles or 2 cash back on every purchase every day. Whats in your wallet . [ crows ] now wheres the Snooze Button . We dont let frequent heartburn come between us and what we love. So if youre one of them people who gets heartburn and then treats day afr day. Block the acid with prilosec otc and dont get heartburn in the first place [ male announcer ] e pill eachmorning. 24 hours. Zero heartbur charles taxpayers are getting whacked this week. Several states pushing gas tax hikes, thats going to hit you when you drive. One of them peddling a tax on people who ride bikes. And now california councilman wants to tax emails and to take that money to fund the cashstrapped postal service. I kid you not. Liz macdonald sees a trend here, states increasing taxes in a sneaky way to increase their spending. Margie andal are back with us. Liz . It almost makes you think state officials are thinking what can we tax next . Its like the train of thought there is making all local stops. Lets see what else we can tax. By the way, youre probably going to need more wiewr accurates to bureaucrats to collect that email tax. So this is sneaky, and the real dang for taxpayers when they enact these taxes is that they say, listen, were going to replace the income tax, lower the income tax, the sneaky danger is those taxes stay in place, and income tax either goes up or goes back. If they try to abolish it. Charles and weve seen this kind of stuff before. You know, margie, this sort of hints at this entitlement cull chair that we must have a post office, x amount of branches, and it must lose 5 billion a year and someones got to pay for it. This is absolutely nuts. Well, its just one city council pers plan. I mean, look, i dont think youre going to see a groundswell of support for an email tax. I would have to sell some of my shoes just to pay for the tax while ive within sitting here in the studio ive been sitting here in the studio. So i dont think youre going to see that take off at all. Charles but, al, it is interesting though that when in doubt, look for a new tax. I mean, this is how politicians go about their job these days. Well, somebodys going to have to pay for that 2008 financial crisis, and i think sneaky little taxes and ideas to raise revenue are going to be the order of the day for years to come. But if you want to fix the post office, you know, reracks the pension restriction relax the pension restrictions that congress put on them in 2006, maybe cut back saturday delivery as the postmasterrer general himself has proposed. And you know what you tax . Tax junk mail. An increasing amount of their business is junk mail. Just tack that. Concern just tax that. Charles thats the only business theyre doing. You want to end up in that business too . Deficit . That is the only business that is working. With the gas tax is entirely different because some have not raised it in a couple of decades. They went to improve the roads they think it email tax will not happen spee met with the housing collapse what stayed in place . Prerty taxes never went down. And i would say if you want to be reelected, a stop taxing your citizens and look up the books for what you could cut out there is a lot of fat. Charles unfortunately, theres always something they see we can spend money on. Theres always something. Improving roads in reducing traffic is always something that people look to spend money on. Charles that is why i paid my tolls. Not all metro areas have tolls see you are in favor of mortals . Voters should be part of the er