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♪ money money money money ♪ money ♪ money money money money "new jack city." thats what that song is from. were talking about money. if you have not filed taxes, you are in trouble. the deadline was thursday, folks. everybody has to do it, of course. the white house, they have to do it there as well. and they released the first familys federal tax return for 2009. it pays to be president apparently. according to the white house website. the president and first lady made $5.5 million last...

>> he likes to call himself a typical middle class guy that makes billions of dollars. >> reporter: also in the top five, george soros, ranked the 35th richest man in the world at $3.3 billion. james simons, a mathematician, $2.5 billion. john paulson, $2.5 billion which makes the 41 $million he paid for the estate in the hamptons seem like chump change. steven cohen, $1.4(0uágbillion. >> he is the quintessential living large hedge fund manager with his mngs ansion in greenwi >> reporter: a 35,...

Outraised their democratic counterparts across the board. but the democrats ended the month with more cash on hand. so lets take a look inside the numbers. in the battle for the house the dccc raised $4.35 million in february and ended the month with nearly $20 million in the bank. the republicans, they brought in over $5 million but the nrcc lagged in cash on hand and only has about $6 million in the bank at the end of the month. on the senate side the democrats brought in $4 million and ended ...

Never get back. and that moved the deficit up to $1.1 to $1.2 and then revenue collections fell off and it went up to $1.4. so the real number is $800 billion under bush, $1.4 in the first year under obama. if you havent kept notes on this, go to dickmorris.com and i lay it all out there. >> you do indeed. i read your column on this very topic last night. so the real number is $600 to $800 billion. >> when he walked in the door, it was $200 billion of tarp loans that were outstanding that were n...

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2000 to 2006. we took in $2.4, $2.3 trillion. were still taking that money in. spending like drunken sailors. >> dana: take a step back. we actually have, we have a spending problem. we also have a re-knew problem because you cant get enough revenue to keep up with the spending in the future. i was surprised today they came out with a deficit plan, just a week after bumbled roll-out on their jobs plan. the savings theyre talking about $150 billion is wiped out and eaten up by everything else the...

Thats political speak for no tax increase, right? >> republicans wont take a deal with a tax increase. there is not enough time for comprehensive tax reform, because there is not enough time to do it. one thing in there, the trigger option which says they dont have a sizable deficit reduction by christmastime it will be an cross the board cuts, republicans say well, youll take cuts from the pentagon and cut medicare from democrats. democrats dont -- that dont like that to begin with, they think ...

Couldnt get there, but that we should do something that would be a down payment on getting there. something between $1.4 and $2 trillion. and so these discussions weve had. and i would say to those people who have gotten so nervous about the president putting things like medicare on the table to remind them that when medicare part d was done, we brought in to support medicare that a lot of pharmaceuticals didnt have. they is medicaid. putting medicare out there and not allowing for adjusted rate...

Should do something that would be a down payment on getting there. something between $1.4 and $2 trillion. and so these discussions weve had. and i would say to those people who have gotten so nervous about the president putting things like medicare on the table to remind them that when medicare part d was done, we brought in to support medicare that a lot of fapharmaceuticals didnt hav. they is medicaid. putting medicare out there and not allowing for adjustmented rates, thats what got the cost...

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