to give people entitlements you have what you have in england where is mine? give me more. and that's what's happening here s that what the stock market is telling you today our entitlement society our $14.5 trillion debt is no longer sustainable. yet, you want more spending. more. >> so, bill, if you look at the s&p downgrade and the negative outlook that they gave us, if you look at the base case scenario and the downside, all those factors are basically same. the only difference between the base scenario on what they based the downgrade and the upside, which is we'll get out of this and maybe get to a decent credit rating again the single only difference if you read that report is the ability to raise taxes on the wealthy and letting the bush tax cuts expire. >> bill: ability to. >> it's letting the bush tax cuts expire. that is the single only
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