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Expensive dinner last week didn t really cost you anything because you paid for it. the biden bill is paid for by the largest tax crease, increase in history and you are entitled to argue that if the cost worth paying but you can t argue that it costs nothing. so this idea that it cost nothing. what does literacy frb say about that? there s the tax break and theirs and that cost which was the ultimate obligation to the debt. both of those concepts are important for different reasons and in the fiscal hocker group we care more about net cost but it s not wrong to say here is three and a half or four or four and a half, some of which will be paid for it. i take the president at his word and his commitment that they are going to get this net cost down to zero but so far the legislation isn t reflecting that. so far there is some significant borrowing in this bill. john: is with this thing were to pass at three naturally ....
well, jeb bush jr., the conversation in florida is he may run against newly elected congressman joe garcia, which would be a precursor to the dad saying, you know, i d really like to get that republican nomination. how influential is this? is jeb bush jr. going to run? well, i think it s been talked about since before the last election, before joe garcia won. we think that s not an easy district. joe garcia did great. he is still doing very, very well. that s a serious challenge. but what we have to look at is they re using him in effect as a stalk horse for the bush dynasty. and i think that s clearly what they re attempting to do. here is bush talking to matt lauer about a new tax revenue in a budget deal. listen to this. i think it s a little hard to imagine after january where the highest the biggest tax crease in american history took place, then go back to say we have a revenue problem negative, wiggle room there at all? there. may be if the president is sincere about ....
Marco rubio. i m convinced as i m sure most people are, they won t run against each other. this is just an interesting first chapter. well, jeb bush jr., the conversation in florida is he may run against newly elected congressman joe garcia, which would be a precursor to the dad saying, you know, i d really like to get that republican nomination. how influential is this? is jeb bush jr. going to run? well, i think it s been talked about since before the last election, before joe garcia won. we think that s not an easy district. joe garcia did great. he is still doing very, very well. that s a serious challenge. but what we have to look at is they re using him in effect as a stalk horse for the bush dynasty. and i think that s clearly what they re attempting to do. here is bush talking to matt lauer about a new tax revenue in a budget deal. listen to this. i think it s a little hard to imagine after january where the highest the biggest tax ....
you re looking at live picture from the united nations. where all eyes right now are on this year s general assembly. president obama and the first lady, michele bachmann, expected to arrive in new york only minutes from now. at issue for the united states and much of the world this week, a showdown over the middle east. the palestinian authority president vowing to submit a formal application for statehood to the united nation s security council. it could have serious implications for the u.s. relationships with iz real and the arab world. much more on this part of the story coming up. let s get to the president s plan it slash trillions of dollars through the national debt. a plan he says will do the right thing. either we ask the wealthiest americanes it pay their fair share of taxes or asking seniors to pay more thor medicare. we can t afford do both. either we gut education and medical research or we ve got to reform the tax code so that most profitable corpora ....
Should do that to have more house democrats do that and atth the business community out there suggesting that this is a poor substitute for that broader taxt policy change there is a lot of pressure democrats feel not to just sign off on this. so steve, you think the business community would rather do away with this new proposal just extending rates? they figure that would be better for growth? there is no question. saying just keep the tax rates where they are. the other problem that barack obamaas is a trust issue with big business and small business. they just don t deal after the health care bill and stimulus spending and environmental regulations. they just think obama has a find of antibusiness mentality and they just don t trust him on these issues. i was saying yeah. he s going to gve a cut. do you know how he s going pay for that? with aorat orp tax crease. some people saying this puts republicans in a box. some journalists in particular. about f.they don t support ....