that was the one back in 2012 that just shattered hearts across the country. and bithe bill working through congress and only to fail. nothing. absolutely. i think let s remember we do have a republican senate. the vast majority of republicans remain skeptical about a lot of the gun safety legislation or ideas that have been put forth. there is, for example, the one bill that has already been introduced about more extensive background checks does have some bipartisan support. it s plausible to me that could get through as a first step. there s no question that the people, particularly among those who are elected, as freshmen in
this is going to make you squeal. i promise. the citizens against the government waste are revealing more than 16 billion with a b bucks in new pork spending from 500 grand for tree snakes in guam to 2 1/2 million for researching potatoes. but christian, you say not all government pork is bad. it could be good for the economy. that s right. pork can be good four. it s an opinion shared by all of you. but not all pork barrel spending earmarks are bad. much money goes toward the development of hospitals and clinics and infrastructure projects and creating jobs in local communities. everybody hates earmarks except the one for their local communities. what people are really concerned about it this takes place out of the light of day. it seems shade y congress could
new warnings from scientists in island. the volcano spewing ash across northern and central europe is showing increased signs of activity and that means travel there could get worse. travelers are camping out in airport terminals across europe. thousands more flights cancelled over those concerns. i ll be back in 30 minutes with more headlines. back to bulls & bears. more spectacular pictures from the volcano in island. a climate scientist is blaming global warning. we ll see more eruptions around the world. gary b. you say something else is about to explode. we re going to have a lot of hot air, that s for sure. it s all going to be in congress. look, the obama administration said it up front. any one of these crisis, too good of an opportunity to waste, you re going to say cap and trade right again on the table. that s a huge, huge tax bill.
real scrutiny. eric, do you see this as a helping to explode the deficit? brenda, christian said it only makes sense. it makes no sense at all. it could be close to a trillion dollars per year, between 1500 to $4,000 per family. it s a tax on every american consumer. by the way, if there s a cap and trade tax in the u.s., and not somewhere else, businesses will open up shop somewhere else, ins a bad idea for consumers and businesses. it hasn t worked in europe but don t let the facts confuse you. christian? absolutely, the congressional budget office who they have to trust to score the numbers says the bill working through congress, modestly, is going to improve the deficit. i take them at their word. that s the economic analysis. it s another reason to spend. it doesn t matter if you have a volcano taking place in iceland. it s another reason to put
gary b. s up. brenda, i m a cyclist and note our sponsor here. we got fox, we got fox business on the bottom. ray lahood, transportation secretary, says cycling will be a big part of our infrastructure. that s what i like about the obama administration. there s a lot more bikes out there next to me. the way to play is hxl. a huge supplier of carbon. i see it up 50% over the next this is a whole new side of you. i like it. todd, what do you think of that? i like it too because we re going to be so poor with higher taxes, we re going to all be biking. his bike costs like $10 million. i was going to go. to be y your prediction. congress has no choice, we have to go to minute clinics. cbs has a new division they bought and integrated. i met the president a couple