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President of the american enterprise institute and road to freedom, arthur brooks, good to see you, sir. >> good to see you you, too. >> number one, tax cuts only apply to the wealthiest americans, here is the the president in iowa. >> governor romney's big idea is a 5 trillion dollar tax cut on top of the bush tax cuts, a lot of which would be going to the wealthiest americans who have already been doing very well and here is the kicker, he's expecting you to pay for it. it. . >> dave: could the tax policy center found the top 20% of the romney plan get approximately $13900 tax break and the ...

1,000 jobs in the federal government. he, himself, has increased the number of employees by 139,00 139,000. the size of the nonmilitary portion of the federal employees is 2.7 million. this will reduce it by a third of a tenth of 1%. and for that, he gives a big speech. >> bret: this is one year where a week-and-a-half from "state of the union" where he mentioned something like this. >> he has mentioned this, "state of the union" last time. he mentioned it in february of 2009. he was going to do something similar. and mentioned it in his campaign in 2008. look, i'm all for streamlining the gov...

1,000 jobs in the federal government. he, himself, has increased the number of employees by 139,00 139,000. the size of the nonmilitary portion of the federal employees is 2.7 million. this will reduce it by a third of a tenth of 1%. and for that, he gives a big speech. >> bret: this is one year where a week-and-a-half from "state of the union" where he mentioned something like this. >> he has mentioned this, "state of the union" last time. he mentioned it in february of 2009. he was going to do something similar. and mentioned it in his campaign in 2008. look, i'm all for streamlining the gov...

Becomes pretty problematic. >> shepard: there is lots of wave action out there. admiral allen says those conditions are also delaying a new containment vessel calls the he election. helix. admiral allen said today that will not happen. he also talked about progress on the relief wells that officials say will be the only permanent solution to the oil leak. if they work. phil keating live in grand isle, louisiana tonight. phil, what's the latest on those relief wells? >> shep, those relief wells need to go down to about 18,000 feet below the surface to intercept with the well that was supposed t...