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this is important, mr. speaker. because when we talk about making tough decisions, when we talk about confronting the mountain of debt that s building when we talk about doing things that will make certain that the lives that our children will lead will be more prosperous than the lives we have led. we have to go after those issues that matter. these aren t just colors here what we call discretionary spending, that s spending we have taken over $1 trillion out of thus far going forward. it s defense spending in this pie piece. nondefense discretionary spending. and then that takes us to this giant red area, mr. speaker. the giant red area has three things in it. the big pie piece is medicare and medicaid. that s where the money goes. money in this country that the federal government spends goes to pay health care costs. medicare and medicaid $1.5 trillion this year. social security, folks been paying into social security all their life. they dag gum have a rate to get t ....
alan simpson, a former senator who was co-chair of the national commission on fiscal responsibility will join us. we will tell you more details of the plan and open up the phone lines and ask for your comments on whether or not you support the payroll tax cut deal. our phone lines are 202-77-000 to four republicans 2-0 202- 737-0014 democrats and 202-628- 0008 for independence. we will ask you throw out our program this morning to talk about the state of the economy the federal spending decisions being made here in washington, and how it will be effective and about this deal reached by a bipartisan accord in advance of the end of the month deadline that has three major provisions. daniel new hauser is on the phone with us. mr. neuhaus are, good morning. let s start with the major part, the extension of the social security tax holiday. will you tell people what they need to know about that and how much it will cost? guest: that is right. it is a $100 billion provision. ....