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So in ocho order to save these poor people 43 billion, you're cutting 364 billion. >> senator hill, if you would yield for a second. there are no cuts to medicaid in this bill. >> i beg your pardon. this is the cbo score. 179 billion in reduced medicaid subsidies. that's where the money is coming from. is there a fairy dropping it? >> educaing one of the ways tax proposal would hurt americans. michael moore, oscar winning film maker and activist just got done with the broadway show. >> she was educating him about the fairy that drops the scores. >> that was such a great moment to me because we...

$179 billion in reduced medicaid subsidies. >> well, there are no cuts. >> beg your pardon. that's where the money is coming from. where do you think the $300 billion is coming from? is there a fairy dropping it on the senate? the money you're spending is coming out of medicaid and subsidies to people who make less than $50,000. so you're trying to shop this baby like you're giving a $43 billion savings to people who make $50,000 a year. >> you can see why this matters. now the committee that was meeting there passed this bill. no democrats supported it. and here is one of the most important a...

The federal government raking in tax revenue closing out the first two months of the fiscal year with more than $404 billion. those same two months the treasury spent $583 billion, running a deficit of $179 billion. oh my! >> with record tax revenue, the government is still putting the american people deeper and deeper into debt. >> this is all news to stuart varney. i'm only kidding. he's the one who gave us these numbers. stuart varney from the fox business network. stuart, we're running out of deficit but no one seems to care. >> it doesn't make news headlines, does it, even when you bring ...

Now the federal reserve wants to give them more? can the government actually do that? and is that in our best interest? the host of "freedom watch" and fox news senior judicial analyst. >> how many times have you said that? >> i know, it's true. senior judicial analyst judge napolitano is here. judge, we saw the report that says housing is still struggling and the concern for federal reserve. you see a plot and a plan here. >> i do. early last week, paul krugman, the princeton professor and very, very liberal columnist of "the new york times" says don't worry about debt. it doesn't mean anythi...

>> reporter: he wasn't campaigning for deficit deal. the word "super committee" never crossed his lips. instead he pushed congress to vote for key part of his jobs bill. payroll tax cut extension. on a day the gross domestic product was revised downward. the government saying the economy grew at a rate of 2% from july to september. sharply lower than the initial estimate of 2.5. >> in the spirit of thanksgiving, we are going to give them another chance. next week, they are going to get to take a simple vote. if they vote no again, the typical family taxes will go up $1,000 next year. >> report...