up. martha: okay. so president obama is also saying that he wants to raise taxes on families earning more than $250,000, but that move would only generate about $85 billion a year. that is a drop in the bucket compared to the amount of u.s. debt. and that number is about what the federal government spends in just eight days. so if he gets what he wants everybody over 250,000 pays more it s going to cover eight and a half days of the government spending amount and some would say the government spending problem. art laugher joins me now. architect of reagan tphopl i raeug reagannomics. in washington they have a lot of work to do. the question is whether or not the tax issue, whether or not the president has flexibility on that. whether we go back to the 39% or whether it would be less than that. are you seeing any light in that discussion? if he s willing to negotiate
martha: when you look at the republican candidates who is who has the most resonance with you in terms of reagan tphopl mix and what they are proposing. is it herman cain? and what do you think about mitt romney and rick perry s own ideas about this. do you think they would be hardnosed about really doing real tax reform if they were to have their own admission? when i look at the three you just mentioned. michelle bachmann, huntsman are right in there too, they are all proposing similar types of plans to get americans going. getting rid of deductions, exclusions exemptions. i think herman cain s 999 proposal is probably the most precise detailed proposal i ve seen and it s absolutely spectacular. but i know rick perry very well an is proposing very similar thins. what he s done in texas is phenomenal. if you look at mitt romney, mean, he is phenomenal as well proceed proceedings this. republicans have a whole group of people right there who are marching really on getting