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But the fact of the matter is, something governor perry is doing, something that state is doing is wooing a loft businesses. what is it? >> and the president -- by the way, the president has been working hard on deregulation. i would not say he's been working hard on cutting taxes. i wouldn't fight that -- >> what has he been deregulating? >> he's been trying to -- he's been trying o streamline the regulatory system. >> oh, please. >> hope springs eternal, but come on, buddy. >> it's interesting that we're having this conversation in a week when we have had new data that the economy is doing v...

>> joining me now jared bernstein. and robert reich. his new book is "beyond outrage". robert. i'll begin with you. what do you think? we don't need god to save us we need to put together a majority in both houses. >> we just need courage. >> i know the answer to this, but why can't we have a one sentence repeal bill? >> we should. after all, the budget dest sit right now is shrinking. it is slightly higher than when bill clinton came into office in 1992. right now we don't have a budget

You raise the taxes $650 billion right away. >> yeah. and that was a very good thing to do on people making over the high end in our population. so here is the thing, though. we are here to have a budget that has revenue coming in that has investments made into the future. we also want to make decisions in those two areas where growth with jobs are created because more are jobs more revenue coming in. nothing brings more money to the treasury of the united states than investment in education of the american people. so we have to recognize that. which cuts really help us and which cuts hurt our...

Cut our way to prosperity. >> i want to disagree with those who say we have a spending problem. it is lamb false argument to say we have a spending problem. we have a budget deficit problem we have to address. >> i am not going to keep cutting the discretionary budget, which, by the way, is not out of control, despite what you hear on fox news. >> bill: huhuhu senator landrieu and others are wrong. it is out of control. the debt is approaching $17 trillion. here is how bad it is in 2003 the u.s. spent just above $2 trillion. this year, the estimated spending will be $3.6 trillion. a 75% rise i...

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