you re doing begins to shrink and that s one of the big issues here. this is hard to do, cutting spending. this is hard to do, even cutting the growth of spending, but this does not appear to do much of that. bill tax reform is the second panel there. the point i was making is that people are going to cast this as a millionaire s tax or the warren buffet rule, they ve already categorized it, but if you look the a the fine print, if you make $200,000 a year, $250,000 a year, loopholes in the tax will be closed, limiting deductions, will be eliminated, so this isn t just millionaires in america. well, yeah, so it ends up being a tax increase on a great many people who consider themselves middle class, and also consider that the amount of money they make isn t all that much in today s world. so you know, i just don t see how this is a winner, bill. bill: on that point, i think it goes back to the original point you made as to why things have not been successful or you re losing election
medicare guide and customized rate quote. bill: this will be the headline of the day, it s about to happen, fox news alert as we await president obama s announcement on his plan for reducing the deficit over the next ten years. a live look at the rose garden, decent day in our nation capitol, president obama will speak any moment now but we re getting word he might be delayed. we ll see what time he decides to go, depending upon the schedule of the white house. as we await, brit hume with us anmonday morning. how you doing brit? fine bill, how are you? bill: doing tpaoeufpblt let s get into specific necessary a moment. i imagine the left this cheer this and the right will knee dunes in denounce it and we ll think about the 2012 campaign being fresh and open for debate. how do you see it? this looks like it will be another round in the long running argument over tax and spending. this is a plan to reduce the decifit by some
position. mitt romney and michelle pwa ugman have been aggressively criticizing him for that. look for immigration to be a very big issue in the upcoming debate and florida race n. large measure because of the latino population is so conservative and takes a hard line against illegal immigration. martha: very interesting dynamic there, carl, thank you very much, carl cameron in orlando this morning. bill: where you going to be on thursday night, america? fox news is teaming up with google to host that republican debate in orlando and you can submit questions. here s how do you it for all the eight candidates, two different ways now, go to google s home page and click on ask it now, or you can always go to our home page, fox news.cole and click on the ask a question tab and write your question or submit a video question for all the candidates and we re going through all of them and some great ones are coming in, so you re going to see that play out on thursday night. it s going to be a
companies, solyndra in this case, going bankrupt after the money goes in, so everybody is going to question whether or not this money is going anywhere that might help. this is going to become a huge political issue. we know about a stimulus-based program in the energy department for $38 billion in loan guarantees where clean energy has created 3500 jobs so far, that s $10 million in loan guarantees per job. i think you re going to get republican os on a day that the president is proposing higher taxes, you re going to get them saying no more taxes until we this going to be the debate over higher taxes. martha: this was supposed to create tens of thousands of jobs and so far, 3500, which is a pretty expensive 3500, according to how the numbers break down. byron, thank you very much, good to see you as always. of the firm, lightsquared will be a guest with the megyn at 2:15.
influence in creating terror. and israeli prime minister benjamin netanyahu s office, we asked him whether or not he would be willing to meet with the palestinian president before the speech, the palestinian president said he was willing to phaeurb the initiative and the prime minister s office said they would, too. we ll see if anything comes of it. martha: reena ninan, thank you very much. reporting from the u.n. today. bill: it s going to be big week in new york with the leaders coming up, we ll see what the iranian president does and all the paulout fallout that comes with it. a newspaper has a stunning message for the white house. a fair and balanced debate on that message, next.