republican senator rand paul out of kentucky, a tea party favorite in the senate writing this in an op-ed piece. quote. we have a choice to make in a new weeks if the tea party is to continue the work we resolved in 2010 to undertake then we must not make a giant leap backward by electing big government status quo republicans like newt gingrich in 2012. strong words from rand paul out of bowling green, kentucky. he s a member of ron paul s presidential campaign. and you re his biggest supporter because you re his son. good morning, senator. what is wrong with newt gingrich? you know the tea party got started because we were unhappy with a lot of republicans that supported the bank bail outs. that and the debt we were werpbd with. we were concerns that republicans voted for the bank bail out and newt gingrich was right with them. being paid by the banks to the tune of millions of dollars and
that is the result of a deal from republicans in 2010. just as key tax rates was to expire. but the fix was only temporary and small business owners have no idea what may happen when current rates expire at the end of 2012. strong evidence to suggest that higher estate taxes lose jobs. to put it bluntly. for now, small bys are left to wonder if lawmakers will reach 11th hour deal, leaving them he tant to expand or invest until they get the guidance. meaning it is up to washington to convince them to get off the sideline. part of a comprehensive tax reform. that s what we are hoping for. that is what will alleviate the uncertainty that goes to small businesses. shannon: unless congress intervenes, beginning in 2013, estates will be taxed at $1 million instead of $5 million and it will jump from 35% to 55%.
you just agreed with him. okay, on that point- there you go. newt. thank you so much for letting me have him. we will hand him back to you. is paul ryan s plan radical? i think it is, no question. do you agree with newt gingrich there should be an individual mandate? i do. newt has begun to agree with us on that. he s been some place else for a while, although most republicans i know were there with individual mandates 10, 15 years ago, i don t know what happened during the interim except maybe they didn t do it. mark halperin, help me out here. sounds like we have a gingrich-clyburn 2012. strong coalition. all the way from georgia to south carolina. what is newt s thinking? newt has been going for the tea party vote and also his rhetoric has been so bombastic, suddenly, he goes on meet the press and