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Height brought if less revenue than the cuts in the capital gapes and death taxes so even john f. kennedy knew this, if you have high rates you did not bring in the revenues or create jobs and have productivity if you jack up the rates. when j.f.k. cut taxes revenues shot up from $94 billion to $156 billion by 1968. some argue, well, chin tone -- clinton enjoyed the dot.com bubble. >> but that was helped by the business-related tax cuts. >>guest: and hawaiis a -- and russia has a flat tax and they see revenues pour in and we are left with the class warfare tax code and america's museum of mass...

That's egypt. if john stossel's in charge, president obama decides that stossel makes sense. we're going to have some pastrami sandwiches, as in the movie "dave" and he is responsible for cutting what? >> education department, $94 billion. education is paid for by states. megyn: they help with financial aid, enforce civil rights statutes. who needs it? >> reporter: they're enforced locally. we have 50 laboratories of democracy. you can see who is good and who is bad and taking money from states to washington, where they can scarf off some and pass new rules. waste of money. megyn: how much doe...

94 billion. if we get rid of the energy department. where is that on my list. about 40 billion. >> bill: just no energy department? >> right. >> bill: what do they do anyway? >> give money to their favorite causes. this might be a good form of energy. but government isn't good at picking those winners. solar and things like that. >> wind, solar. when private investors make bad bets other than pickens got his butt kicked going in there on the wind thing. >> that's capitalism. that's the beauty of it. >> bill: we need some kind of alternative fuel. >> people say we don't have energy policy in th...

Example, that the governor and i have regards this tax cut. in my judgment, that economic program would exacerbate the deficit. it would result in less stimulation of the economy. >> papa bush as you know, ultimately lost that republican primary but he did turn out to be right about ronald reagan. and the whole idea of voodoo economics. when president reagan entered office, the national debt was about $994 billion, and when ronald reagan left office it had swelled to $2.8 trillion. love ronald reagan or hate him, when poppy bush said that reagan's economic policies would exacerbate the deficit...

Legislation. let's give you a look here at maybe some of the democrats that the president is going to be talking to. these are the democrats we're talking about who have not yet declared how they will vote on the bill tomorrow. the total number of democratic no votes needed to kill that bill is 38. by cnn's latest count there are 29 democratic no votes. others remain uncertain right now. throughout the day cnn's political and capital bureau staffs canvassing the house for updates of those numbers. we know how much it's expected to cost but where will the money come from to pay for health car...