0 afraid. >> bill: scared to die. scared to be put on the cross. "60ill: 60 mince will minutes" will feature me this coming sunday night. we have a preview. caution, you are about to enter the no spin zone. the factor begins right now. >> i'm bill o'reilly. thanks for watching us tonight. why don't you have as much money as you should have. as we reported last week. federal government is now getting a record amount of tax money from us, the hard working american public. yesterday, the census bureau issued a new report that says state and local taxes at record levels as well don't have enough money to spend taking money. a 10-year-old can understand this. if you drain the private sector of health. consumer spending will be affected. you can't get out of a soft economy without consumer spending. this is why for the past five years the economy has been bad in the u.s.a. and the folks aren't spending enough fomc will tell it you he is not a big tax guy. listen to him. >> i know you hear a lot of folks on cable tv claiming that i'm this big tax and spend liberal. next time you hear that you remind people saying it since i have taken office, i have cut your taxes. your taxes. [cheers and applause] your taxes today, the average middle class family your taxes are lower than when i took office. >> bill: well that statement is spin. pure spin. once again, the federal government is getting more tax revenue than ever before and state and local taxes are at the highest level in the history of this country. more facts state and local income tax also clock in at $114 billion in the second quarter of this year. a record. state and local sales taxes more than 82 billion record level. fuel taxes more than 11 billion. a record. motor vehicle taxes almost 8 billion another record. property taxes approaching $100 billion this year. record for the second quarter. so, even if you live in san francisco, can you see working americans are being punished by high taxes across the board. the people we have elected are taking away our security because we can't accumulate enough money to feel secure in retirement. taking away our legacy because we can't pass money on to our children. putting us in danger because we can't protect ourselves from disasters. even with all that money flowing into washington. the country is close to a $700 billion a year deficit. and the united states owes close to $17 trillion. things are obviously out of control and the democratic party is primarily to blame. simply put, president obama and his acolytes do not want americans to accumulate wealth. they want to take private wealth away from those who have it and give it to those who don't have it. and they have succeeded in doing that with an assist from the bush administration. which ran up colossal debt after 9/11. taxes in america have reached critical mass. yet nancy pelosi says no more cuts are possible. so, unless we the american people, the working people wise up. and understand what a bad deal we're getting. we'll never have a vibrant economy again. it's just impossible. that's the memo. reaction with us dr. jean j political science professor at iona college. i must say, doctor, we are pleased to have you because almost all of the left wing economists were too friened to come on this program. we have a list that we ask. not that we didn't want you, we do. but they were scared to death of this because they know what's happening here. i'm sure you disagree, go ahead.ñi enormous misunderstanding about why that happens. that has to be said. i'm not an economist, i'm a political scientist. this has to do with politics. why the increase in second quarter income tax at the state and local level? because at the end of 2012 fiscal dlif. many say we are not going to get bit by a steep tax increase. started taking steps to avoid that number one. number two, california voted proposition to increase sales tax and income tax. those two things together really account for the enormous increase. >> i am not giving the folks a pass on this because, to be truthful and to be blunt, the american people are getting what they deserve they have been voting for the nanny state entitlements and all of this stuff for two election cycles now the fact remains that people are living paycheck to paycheck. the average american is like $3,000 in savings. and, yet, every time they turn around, we are talking about working people. i got my tax bill and my knees buckle this year. i have money. you don't feel sorry for me people go to register their car and go to buy gasoline, stuff they need. >> that's exactly why we need to be doing what the president said all along we need to be doing doing what? >> end income equality in this country. party can't end it. in power who is not willing to go and take the steps necessary to do that. >> that's socialism. you can't have wait, wait, wait. doctor, you haven't cut anything the obama care tax is going to kick in at 3.8%. that's another tax rise, all right in the social security was reinstituted that's 2 more%. they haven't cut a damn thing and you know it look, your basic thesis of income inequality is socialism. don't you get he that? the government cannot impose income equality on a private marketplace. they can't. >> look at the fight going on today in the last few weeks over obama care. the healthcare is one the biggest drivers in our economy. you don't get that under control. you can't it's not under control. >> i'm not a huge fan of obama care itself the way it came out. taken steps to try to reform a problem in this country. >> that's like saying i'm the coach of the new york jets and we're not doing well, i fire the whole team and i put little leaguers on the field at least i'm taking some steps to do something. that's ridiculous. look, detroit, who runs detroit? who? democrats, correct? right. >> sure. >> for decades. bankrupt. indiana. not indiana. illinois. illinois. going off the cliff. all right? 30 sphats in this country run by republican governors. >> i'm glad you brought that up. >> bill: u.s. news and "u.s. news and world report" did a recent study and said the red states cutting taxes while blue democratic states are raising them. don't you see what's happening here? in your talking points you talked about the fact didn't start with obama. look at the tea party movement. they were upset by the spending. they were upset by what george bush was doing. that's what got them he ran up record debts. >> why do they get responsibility for this. >> because they have been in power for five years. median income has gone down. that's why. listen, i am not here to say that what has happened in the last five years is something that i would fully support or want. how you can expect the president to act when at every turn, everything he has wanted to do has been stopped by republicans in congress? >> first two years he had control of both houses. >> and he passed health care reform. >> that's all. and healthcare reform has constricted the economy. >> that is enormous accomplishment. >> it's enormous economy for you as a liberal person. >> i'm not a liberal person i'm a very moderate person. >> bill: it's not enormous accomplishment for the economy because it's resulted in less hiring okay? so your policies are smashing up against the folks they might get get a break on health insurance lower level there is not enough jobs to supportçó them. major legislation. i agree there is a lot more to be done. >> a lot more is a disaster right now. better than it was when he inherited it in 2008. >> bill: no, it's not. >> you want to go back to the recession. >> bill: median income of americans is done. in my opinion that's the. very good debate. thank you. california saying yes to illegal aliens. they are legalizing them even though the federal government has not. we'll have a follow-up report on that. later, the inside story of ted cruz's marathon speech in the senate. factor is coming right back. ♪ [ engine revs, tires squeal ] [ male announcer ] since we began, mercedes-benz has pioneered many breakthroughs. ♪ breakthroughs in design... breakthroughs in safety... in engineering... and technology. and now our latest creation breaks one more barrier. introducing the cla. starting at $29,900. ♪ at od, whatever business you're in, that's the business we're in with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises.