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Businesses, restaurants and hospitality, grown businesses were starting to call themselves it is 49ers because they were coming right up to the edge of the mandating 50 employee maximum. this isn t leading to more health insurance. if have you more 507b employees and don t provide health insurance, you have on pay $2,000 per employee to the federal government. this fee will be will be waive. fee will be waived for one year. one year. in terms of i think businesses make decisions over the long term so is this going to change sort of the economic prospects of this? i i don t think so. but it is a very significant political concession. kim, that on that political point, the administration slipped this out in a blog post this week. the president, of course had had month fingerprints on it but what inside of the ....
And why you saw this budget proposal in first place. remember, the government is now the originator of 90% of student loans. they decided to take this industry over. that does, as you say, put taxpayers on the hook and the president and democrats no longer have a private sector that they can squeeze when they want to try to keep these loan rates low and put pressure on private sector to deal with default and absorb those losses. they have had to be a lot more careful. and this is leading to some of their political problems. all right. kim, last word. when we come back, european leaders blast the u.s. after leaks reveal we are spying on our friends overseas. should you be outraged or reassured? when you experience something great, you want to share it. with everyone. ....
Be dire. people will lose their jobs. it will jeopardize our military readiness. it will eviscerate investments and thousands will be laid off. tens of thousands of parents will have to scramble to find child care for their kids. paul: but in an op-ed john boehner shot back saying the sequester was the white house s idea in the first place and product of his president obama s failed leadership. joining us is dan henninger. jason riley and washington columnist kim strausel. let s start with the merits and the claims of catastrophe if those spending cuts kick in. the is that correct? we don t exactly know. what we do know is that the president has every incentive that it s absolutely going to be most dreadful thing. it s a 2.5% cut to the federal budget. ....
. paul: from ohio to another important swing state. colorado where the candidates will meet next week in their first presidential debate. mitt romney has lot riding on his performance on wednesday night. what do they need to do in that debate and in the weeks ahead to shift the campaign narrative. let s ask wall street columnist dan hennington and dorothy rebenowitz and kim strausel. how far behind is mitt romney now? he is behind in nearly every swing state poll there is. now there is an argument campaign is making they are not nearly as far behind as the media polls but there is understanding that they have to make up some ground. paul: they are admitting they are behind and they have to make up. it sounds like necessity know it because they are trying to find different shifteding narratives ....
To get ahead. have they fastened down a single strategy yet? here is what happened since the bad headlines. they have been telling donors on telephone calls of them wanted to do a reboot where they have a forward leaning campaign. much more aggressive about rebit go some of the president s claims, much more about presenting a bold and optimistic future based on their own ideas but they are having a hard time breaking through the media narrative. that is potential ily the big opportunity in the debate. paul: i agree with kim. it s an opportunity for mitt romney, american people to see him unadorned, except for the moderator and barack obama. how good a debater is he? he is very effective. he is terrific and he sat there fluently answering. ....