addiction, epidemics of obesity, because we have a disaster of public health and there will be no money for that. today he should celebrate in his fantasy world because reality is going to hit tomorrow, and already you see in congress they re shugging because they have no idea what to do next. there is nothing to do after you ve given away all this money. what do we do about the national debt? it s a problem before this tax bill was passed, a $1.5 trillion bigger problem. demographics, we have a ticking time bomb in our entitlement systems. what do we do to save this country from an economic meltdown due to massive debt? you and i have been talking about this for a decade and i be moaned the obama stim laos bill in 2009. yes, you did.
entitlement systems that have collapsed or you ll be paying 85% of everything you make to the federal government. with that happy news, i know nobody wants to hear about it. nobody ever wants to hear about it. that s why we have a $20 trillion debt that s going up to $40 trillion. when i left congress, it was $4 trillion and everyone was concerned. i thought this was what republicans care about. there are a few. pretty soon you re talking about real money. there are a few people who still care. with us from the appropriations committee, james langford, and member of the judiciary committee and ranking members of the rules committee, amy klobuchar of minnesota. they re out with a new bill that aims to protect america from foreign interference in future elections. as much as i would like to talk about the national debt, you all are actually talking about something more immediate right
yeah. he s lowering the retirement age despite the fact their entitlement systems are collapsing. i like the cut of this guy s jib. the down side is, 75% income tax. that s his dream. you might consider that confiscatory. you have to think of that in making a decision. why can t we have a geneva bank account. caymans. we could be citizens in switzerland and france. you do what the stones did, you just dance around europe evading taxes. no homework. that s actually an interesting debate because so many teachers put it all off on homework. don t do as much at school. that is an interesting debate, mika. let s go back to the stones, though. do you think keith hid his money in heroin for years? heroin futures. you mean like literally, like in a big giant bag of heroin? no, like a money launderer, so he bought bales of heroin.
dependency state, almost half of americans don t pay income taxes. our entitlement systems are breaking down. something has got to give. so embrace this. you have to. turn it into a positive. you have to go on and say you know what? sometimes when you know something is so wrong, you can overstate it. and anybody who knows me knows that i care and i care deeply about this country and every person. what i am saying and president obama in the first debate what i m saying is this. and what i m saying is we are a dependent country. we are a weak country. and i need to turn it around. and president obama, you put nuss this position. and you turn to president obama saying 30 million people were on food stamps when you became president. now it s 46 million. maybe you can kick it off that way. but there was such negativity to how he said it, a lack of optimism. what s missing is one, you can t be that selective, go after everything, talk about tax expenditures, charitable dedu
them sangas. colleg educated not going anywhere. these are the young people who bought into hope and change three and a half years ago. today they may be living back in their parents home, unable to find work and repay their college loans. four years ago two out of every three people in the 18 to 29-year-old demographic chose obama over senator john mccain. that now appears to be changing. the flip side of that you have 8 million new voters who have come of age since 2008. these are college freshman and som sophomores who saw their older brothers and sisters get caught up in hope and change. we are seeing those people are more conservative. they say they don t want to me the same mistake as my holder brothers and sisters did. another appeal is medicare and social security. those young people who have jobs are paying into those entitlement systems but are pessimistic that the programs