business anchor and a regular on varney & company. how are you doing. i m doing great. bill: what does he want to do. even 10% we talk about everything being quote unquote fair and even. an even 10% cut across the board on income. which is a little different than his payroll we got from the federal government. i think it is a brilliant idea. the notion that we can keep more of the money we earn and put it back into the economy the way we want to put it back into the economy to me that is the kind of stimulus we need. bill: you think that is a big stimulus for the economy, whoever you are. absolutely. if you listen to the narrative, particularly out of washington, it s been that somehow food stamps and welfare have a positive multiplier, that somehow an extra 20 bucks a week into a household via the payroll tax cuts ace good thin. but what about thousands of dollars coming back into people s pockets? by the way this is money they ve earned. this is the operative word here, this is
than a year, they re talking about increasing spending. they are. now, if you look at the long term, this budget, the president says will trim $3 trillion from deficit spending over the next 10 years. he ignores the fact that it will add $9 trillion to the nation s outstanding debt in the next 10 years. where do you get this thinking that you re cutting but, in fact, you re raising the debt. we laid the groundwork for a great opening monologue from stuart varney on varney & company. monologues. i don t do monologues. yes, you do and you sing at the end. don t lie to me. 9:20 eastern time on the fox business network. thank you, stuart. straight ahead on this monday, fatherly advice from a terrorist. what usama bin laden told his kids before he was killed. and why they should go to america to find that dream. then the president s plan to back off his contraception mandates not going as planned. is this problem about to get much worse heading into the election?
it helps only current students, not those people who have already graduated or dropped out with a massive loan. doesn t help them at all. only current students. $8 a month. tops. $10 a month. if you owe $100,000 on a student loan, maybe this will help to the tune of $28 a month. that is it. that s not much help. all right. and one of the answers has got to be raising college costs for another time. watch you at 9:20 on varney & company. that s all we ask, just watch stuart. meanwhile, straight ahead new poll numbers have rick perry losing his own state? coming up, a guy who knows how to navigate politics in the state of texas. the former media advisor to president george bush. and it took six hours to put together this halloween get-up. you ll go bananas when you hear which celebrity is behind the mask. my name is jill strange,
executive says now that he believes that the united states is less business friendly than china. if you can believe that. that is quite a powerful statement, coming from the head of coca cola. let s bring in charles payne, a regular on varney & company and anchor of the 2:00 p.m. show on fox. good morning. this really leapt out at me when i saw this this morning, because the head of coca cola is saying that basically he thinks it s easier to do business in china these days than it is right here at home. what do you make of all that? reporter: first of all, it s frightening. you are talking to the quintessential american company and you know what, he s telling the truth. he s not the first big time executive to say it, and it s not just china, martha. he went on to say that if you re talking about american companies doing business around the world, china, russia, europe, japan, he says all these countries were better to do business n. switzerland, every country around the world esse
isn t that how government works? how many times i ve lived in america for 40 years. how many times have i heard, we re going to cut the waste and the fraud in government? you hear it every year. virtually every month. it never, ever happens! it s not the way government works. stuart varney who is on varney & company today. and that s an opinion, ok. take it. have a good show today, stuart. all right, brian? the rest of the headlines. you have a massive man hunt under way outside much new york city where we are. police are searching for two suspects accused of kidnapping eight different children. the parents of those children allegedly snatched the seven boys and one girl during a scheduled visit to a foster agency. they were last seen in a black chevy, 1996 chevy suburban. license plate number exz5896. child services won t say why they lost custody why they lost custody in the first place. just 10 days after the anniversary of the september