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Innovation. when it was a tn & t and t mobile, i understand why they were would block that. when there are less service providers in one industry, they can charge you more. with at&t and time warner, you're creating a multifaceted conglomerate a la comcast and nbc, a broad range business. that's not the same. how can they make this higher bills argument? >> yes, it's an interesting argument. people have pushed back saying this would be a vertical merger. saying it wouldn't necessarily -- these are two companies that don't overlap. so when they merge, they wouldn't be eliminating competition. i...

Money weesisely, i don't think there's anything wrong with that. i think it's good. >> reporter: the president was paid $500,000 or more while his wife was in the secretary cabinet and today he suggested he still needs the money. >> she is running for president, will you continue to give speeches? >> oh yeah. i've got to pay our bills. >> reporter: rick santorum a likely 2016 candidate for president, says that paying our bills argument is out of touch. >> the idea that the president who has a lot of services provided for him because he was a former president, the idea that he needs millions an...

Money weesisely, i don't think there's anything wrong with that. i think it's good. >> reporter: the president was paid $500,000 or more while his wife was in the secretary cabinet and today he suggested he still needs the money. >> she is running for president, will you continue to give speeches? >> oh yeah. i've got to pay our bills. >> reporter: rick santorum a likely 2016 candidate for president, says that paying our bills argument is out of touch. >> the idea that the president who has a lot of services provided for him because he was a former president, the idea that he needs millions an...