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To private sector development to get us into space. that's calling for a $90 billion cut. >> nasa is a big sprawling agency. i think private space entrepreneurs including richard branson are showing the way. one of their things they are doing is they have prizes. you put out prize money and people will figure out ways to get into space. bill: there are companies in california sending rockets into space and then lands on air strips in california. the "wall street journal" says if spending went back to the 2007 baseline, the beginning of the first pelosi congress, $374 billion would be saved. ov...

Programs in the last ten years. here they are, the gigantic tax cuts that went predominantly through the years. that's by far the biggest damage we did to the bucket. in 2003, another round of tax cuts. medicare part d, and then in 2009, the stimulus package cost $793 billion. then 2010 tax cut was $374 billion. keep in mind those are only the numbers through 2011. over a span of ten years they're going to cost a hell of a lot more than that. for the 2001 tax cuts, 18% of democrats voted. 93% of republicans did. that caused the biggest problems in our budget.

This is our 2011 budget. this is entitlements. medicare and mid kad is 1/3 of everything that's in this bucket. i do believe a large portion of the miami economy gets money for medicaid. don't worry, we'll be all right. social security is pretty big. how about this for another place to cut. medicare, social security. one other biggie back here. these buckets are proportional. i think i said that. $74 billion on defense spending. that's not just iraq. that's not just afghanistan. that's an aggregated budget we spend on defense. i'm loaded these days. two of the langest wars in our nation's hist...

Risks. today "the new york times" reporting almost $1 trillion in uncapped mineral deposits. identified in afghanistan. the report concretely defining a value previously known of mineral deposits evaluated in 2007 in the mountains. huge stashes of critical industrial deposits. a team of pentagon officials and american geologists estimate the country is sitting on $420 billion worth of iron, mainly used to make steel. think of all the buildings going up in china. potentially $274 billion worth of copper. does anybody want electricity? that's the metal utilized to carry the electricity up and do...

$3,500 in the first year for businesses. there are other things in that bill as well. it doesn't include the jobless benefits extension. david gurden, this has to be reconciled with a house bill that is much bigger. i don't even know how that process is going to end up, but is this right direction for the government in terms of creating jobs? >> i think it is. and the good news is that the senate bill got 70 votes. it got a number of republicans to come over, scott brown being the first one out of the gate to come support it. so it was bipartisan in nature. the bad news is that it is so small....