trillion dollars, trillions of dollars of cash and not even require them to buy made in america goods and going to give tax breaks on income over $250,000 which the president has been consistently against until what, last week, a week before and a new one that came out of nowhere, we are going to give special relief to estates over $10 million which costs $68 billion and borrow all this money under the guise, put america back on track. it is not gonna work. he may get a bump up in the poll which is other people said to me, because he cut this deal in six months when it hasn t worked and confronted with a massive new pile of debt, i don t think people are going to be real happy with it. congressman deas if yoerks i was working on the senate finance committee at the time bill clinton flip flopped on tax and gave us the burned of doing the biggest tax increase in history, we got it done by one vote in the senate, you guys, same thing in the house a tough lift. i think what i heard you s
tell us we are against, estate tax provision, $250,000, this bizarre stuff, social security, 100% expensing for buying goods overseas. i think you know what is going to happen here, end up being a bill you will vote against but nancy pelosi will be able to claim she changed enough in to bring it forward in the house. congressman peter defazio, thank you very, very much for joining us. i m only in the house, i do what i can do. i don t have a filibuster. thank you very much, congressman. thank you. still ahead, sarah palin is making a lot of money from her reality show, her contract as a political pundit, her speaking engagements and her books but that s not why she is getting a rewrite. the other folks candidates for republican nomination are also getting a second look from republicans concerned that no one at the top has the conservative credentials to earn them the nomination. republican richard gets the last word. [ female announcer ] think a thick cream is the only way
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you have to understand there is a certain amount of suspicion out here we saw democratic members of the house sign letters saying they absolutely would not ever vote for a bill that didn t have the public option in it for health care, over 100 sig match chourns something like that every one of them, every one of those signatures voted for a bill that didn t have that. these nonbinding sentiments that come out of the house are having less of an impact when they land out here with us. can you understand why we are doubting what the power is of these thing? sure, well, the president was a public option guy until he cut the legs out from und other push for a public option, he was guy who wasn t going to extend tax cuts over 250,000 and now we have this huge new gifts to states over 10 million and whole new thing for expensing on major corporation and take money away from social security but don t worry, we will borrow it and pay it back this is a really horrible package t is way more exp
incomes over 250 or states worth $10 million, they did m.a.s.h. their teeth and every republican voted against it but in the end, it worked. we balanced budget and created a robust economy. we have been doing supply side, trickle down economic and president obama just doubled down on that. if you like what he did with the three republican the stimulus bill, gave away $300 billion that could have been better invested, really put people back to work and real thing the results of that which are virtually nil, larry summers says could have been worse, could have been one heck had of a lot better, too, put part of that money into 5 to or 6 million to people at work rebuilding infrastructure and now going to double down on that going to have a new subtraction from social security, don t worry, bore rote money, put the money back in the trust fund, violating the social security firewall. going to give 100% expensing to the largest corporations in america who are sitting on