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On by the republicans. we came out of the committee with a bipartisan vote, the majority of democrats voting for it, the overwhelming majoril of run ares voting for it -- >> neil: do you think the president bears any blame and all of these scandals, whether his open doing for the white house's doing, and i guess the investigations will get to the bottom of these -- that it casts a pall, that -- each is their own case, grant you but it frustrates americans to think that at the very least he is out to lurch and at the very worst he is behind this. >> no, i don't think so, neil. i frankly think t...

Adequately. we have a cost of $1.6 billion. the cbo says in the first ten years, that's -- ten-year costs, we're going to save 200 billion and a trillion dollars in the second ten years. i don't know whether those figures are exact but when you talk about 1%, 2% cost of implementation, that's less, frankly, than the prescription drug bill under bush in terms of percentage. there was less money -- >> neil: when max bachus talks about the fact he is frustrated. we hunt talking about republicans. he talked about this thing is more problematic than we knew. >> in doubt that -- no doubt, neil, this...

Awarded $3.8 billion in taxpayer money to the 17 states that have volunteered to set up their own health insurance exchanges. california got the biggest chunk out that, $910 million. but what did they do with it? california lawmakers turn around and passed a law right away saying, they're going to keep secret how they spend the money, they also passed a law saying that the exchanges will include voter registration, and then they turned around and made large grants to 47 organizations, only a handful of them health care helping organizations. the maacp, the big union, to afl-cio, and commune ac...

Is going on here. i take this as a very positive sign. bernanke wouldn't say this or think this or plan to do it if he wasn't seeing numbers that superintendent the economy is getting better. consumers are sawing more and spending intelligently, business managers are running businesses better. we're probably going to have growth a little bigger than people expect -- >> neil: but the world market enter its it as bad news because we have -- >> we have had an artificial economy for the last three years. he saved the economy. now he is in the process of mapping the economy. you look at the second ...

Steny hero -- hoyer on this. a lot of this was fueled under the idea that bebernanke is going to take the punch bowl away or slow down what is making these guys happy. they're not happy he is going to take his foot off the pedal. what do you think of that? >> i'm not an expert in this area, but seems to me that what director bernanke was saying it, he thinks the economy is doing better, growth, jobs, and that we no longer need the stimulus he was prepared to give, at least not cutting immediately but over time, and the market responded that -- to frankly good news, as if it were bad news. and ...