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Prelude to the trat thrnl beare care for by medicaid. but anyway, let break down some of these numbers a little bit more and show you just how ugly this actually is. the head line the. medicaid. when you look at people under the subsidies, the it slightly worse. the the house bill would have cost 3 million people employer insurance for fairly obscure reasons i won't get into right now but aren't actually that important. but then on the savings and the tax cut side, you can see there's $760 billion of tax cuts, going almost inirand such

Cut side, you can see that there is $760 billion of tax cuts. these are going almost entirely to the rich by eliminating things like excess taxes on investment income and such like, and then the spending cuts in the senate bill are actually larger than they were on the house bill. they're over $1 trillion. almost $1.1 trillion. if you are looking for a way that mitch mcconnell has some maneuvering room here, actually, one point is this deficit. they're going to reduce the deficit by $321 billion. >> you know what i don't understand, though. let's say you are in alabama and you can go back and ...

Invest. so the problem with getting businesses to invest is this tax code that they're proposing right now is going to do something called lowering the cost of capital. you know what this means, it just means making it cheaper for businesses to buy physical plants, equipment, things that make workers more productive. here's the problem. capital could not possibly be any cheaper right now. it's easy for corporations to borrow money. they're sitting right now on $760 billion in cash, unspent cash. they're sitting on this wad of money and not spending it. so it's hard to say that we're going to m...

>> looked, they are small countries. >> sure. >> their economies can support a socialist -- >> i think our economy can support for paying for some people. >> we are out of money, devore! look at that national debt clock -- >> we spent $760 billion on defense, more than the next 14 countries combined. >> that is a good point. maybe those nordic countries don't have to spend any on defense because we are doing it all depending to come over here and punch us in the face! >> no one, because we have a huge military. -- they don't, because we got a great military. that's what i think. also, these st...

>> looked, they are small countries. >> sure. >> their economies can support a socialist -- >> i think our economy can support for paying for some people. >> we are out of money, devore! look at that national debt clock -- >> we spent $760 billion on defense, more than the next 14 countries combined. >> that is a good point. maybe those nordic countries don't have to spend any on defense because we are doing it all depending to come over here and punch us in the face! >> no one, because we have a huge military. -- they don't, because we got a great military. that's what i think. also, these st...