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borrower. its a game-changer. were also fixing what is called -- this has been the bane driving me crazy when i was out of office. this program forgives student loans to encourage students with loans if they go into public service. think of the millions that are. public school teachers. local police officers, workers at local charities, members of the military and national guard. think of the folks that work for federal, state, local governments, responding to national disasters. all o...

Gold. your strategic advantage. >> ♪ ♪ >> trace: time magazine partner of the year musk and warren went at it after she accused him of not paying his fair. taxes. stop free loading off of everyone else. musk clapped pack and said i will pay more taxes than any american in history and added dont spend it all at once. oh, wait, you already did.

People, what theyre struggling, they dont realize every little thing they do impacts he every day americans. its a tax. steve: there are makers and takers. one of the makers awarded "time" person of the year this year that we elon musk the guy with tesla and spacex and all those other things senator elizabeth warren sent out-saw the "time" magazine announcing him and sent out a tweet and said lets change the rigged tax code so the person of the year will pay taxes and stop free loading off of ev...

Are committed to the same changes they are. i think the players really honor that and respect that im not worried particularly about a demonstration of any sort on sunday. brian: right maroon five or anything like that. >> no. brian: other thing in the news another coe very successful came from a eager background howard schultz. he was told by a lawmaker im tired of the billionaires free loading off of us. you are a billionaire. do you free load? >> no. i think most people of wealth that i have ...

Kimberly? >> why do you feel sorry for him? >> i feel sorry for everyone. [laughing] >> yeah, get a life, get a job, the hair is the least of the problem. really, he shouldnt be free loading off of his parents. they had to go to court to get rid of him. >> hes free loading off of his cousin now. >> a distant cousin. >> right. >> a 14-year-old is the winner of the scripps national spelling bee. here, see if they can spell the winning word. >> koinonea. >> everybody write it down, write it down km...

They have their own agenda. or the administration doesnt necessarily have a problem with the contents of the call and people knowing, as jeff said, this is a tough talking president. this call, in fact, sounds exactly like hat the president said he would do. it could be that theyre just sensitive to the blowback and the criticism and because of that, i just cant totally make up my mind that theyre necessarily that upset with how it went. they might just be sensitive to the criticism, and they ma...

Dealing with these cases, clint eastwood was one of them. >> john: he has a handicapped accessible bathroom but a woman sued him. eastwood is rich enough, go ahead make my day. he fought back in court and won. usually businessmen pay them to go away. >> its extortion? >> it feels that way. >> its an ugly process but it works. >> john: you sue about all kinds of trivial stuff? >> its trivial yeah to you because you are arrogant. >> you are free loading off of productive people? >> if it wasnt for...

Dealing with these cases, clint eastwood was one of them. >> john: he has a handicapped accessible bathroom but a woman sued him. eastwood is rich enough, go ahead make my day. he fought back in court and won. usually businessmen pay them to go away. >> its extortion? >> it feels that way. >> its an ugly process but it works. >> john: you sue about all kinds of trivial stuff? >> its trivial yeah to you because you are arrogant. >> you are free loading off of productive people? >> if it wasnt for...

People are paying less. the second piece is that we run a lot of social policy through the tax code. so for poorer folks the earned income tax credit or for rich folks the first time home buyers tax credit, both of those wipe out your tax liability instead of the government sentding you a check, what happens is its cal cue latd on your taxes. if you owed 5,000 bucks and the new home buyers tax credit is 8,000, the government wipes out the 5,000 and gives you $3,000 but not zero income taxes. if ...

Tax code. for poor folks earned income tax credit or richer folks, first time home buyer tax credit, part of the stimulus as i remember, both wipe out your tax liability instead of the government simply sending you a check, what happens its calculated on your taxes if you owed 5,000 bucks, the new home buyers tax credit is 8,000, the government wipe the out your 5,000 and gives you 3,000. not zero effective income taxes. if you have a problem your problem is with the new home buyers tax credit, ...