10%. we re living in austere times megyn: when it was all over, that require austere measures. four officers were wounded and the gunman was dead. secretary gates cut his budget. trace gallagher is standing by he knew what was coming. on this, but i have to tell why has this government been so you, my apologies. this is just crossing now. resistant to cutting their we have the healthcare ruling. budgets? they love to spend. my apologies. we ve been telling our viewers it s more rewarding to the to wait for this for two hours. unions. let s save money and empower the healthcare ruling is in. just looking at a long excerpt businesses to unleash capital, hire people, buy equipment. online. the judge has ruled that the that s how he we get out of this. megyn: it seems like brad individual mandate is says it s a political unconstitutional. motivation. or is it a fundamental i must conclude that congress exceeded the bounds of its difference on how to fix the authority of passing the act
term in terms of dealing with that bleak unemployment picture. right. and given that we just show those numbers from the cnn opinion research poll, which indicates the lead that republicans have over democrats right now, and republicans have really been pushing this idea that we don t need more government spending, we need tax cuts. can we expect republican participation in this effort by the president and by the democrats? a couple of parts to that question. i mean, no, is the short answer, about whether we ll see republican participation. the fact of the matter is, they ll yell and scream about this, but republicans haven t really worked much with this president. so he s had to go it alone on a lot of these issues, and that leads us to part two of the president s economic plan, which is going to be rolgd out wednesday in cleveland, which is republicans say they want tax cuts, here s a tax cut. the president is saying he wants to make permanent, you know ner permanently extendin
if they can get those enacted and reauthorized, billions more dollars will throw into small companies that will enable them to buy capital, buy equipment, hire employees, rent new spaces and begin the process of growing the economy. there wasn t a trillion dollars. it was three-quarters and it if you count the stimulus package it was three-quarters. other stuff added onto it. if we had done stuff in infrastructure, the more we do in infrastructure, the more jobs we create and lower the deficit. there was infrastructure money in the stimulus bill. the mistake made with that is they were short-term projects. we couldn t invest in anything taking more than 18 months and couldn t bring in private investment. that s one of the mistakes. you both agree that more money is needed, more federal input in terms of money will be needed to jump start the small business arena and get jobs back. in the short-term,
after midterm elections in november. nbc s tracie potts joins us. good morning, tracie. reporter: what to do about taxes. the senate confirmed what the house already said, this is not going to happen before you go to the polls in november. senate democrats got together, but could not agree on how to move forward. the issue is whether or not to preserve the bush tax cuts for everyone or just for the middle class and let taxes go up on the wealthy. it is a political hot potato headed into november. not one that the democrats now say they want to touch before you go to the polls, however, what they did back, a small business bill, $30 billion, a new fund to help small businesses get loans. this was mainly a democratic issue. the idea here is that if businesses have more cash, they ll hire people, buy equipment, expand and help pull this economy out of a slump. the gop called it a bailout.