the wealth from the few to the many. correct? >> i don't think that's. no i don't think that's correct. >> bill: what does he want to do with all the money? he doesn't want to pay down the debt with it? he doesn't want to pay down the programs with it. >> that's what i was going to say what i thought was the seconds place where i thought you were going wrong in the original statement. in the president's view, when they -- having the discussion of the grand bargain, the president would like to have one trillion, about 25% of the long run fiscal consolidation come from new revenue granted from high income people. three quarters of that about 3 trillion come from spending cuts on discretionary on entitlements, et cetera. that we use that revenue as part of a means of addressing. >> put forth. >> 40 years. >> he has had three and a half