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if he succeeds, he charts a path out of the crisis for other countries. then iran. it's in dire economic straits for a very different reason. we have another exclusive. this one with iran's finance minister about just how crippling u.s.-led sanctions have been for his nation. next up, a conversation with paul krugman. the biggest question in the world today is whether to spend or whether to cut. krugman is the leading voice saying stimulate. i'll ask him to defend his views. all that plus superstitions in the race for space. but, first, here's my take. everyone is worried tha...

we have another exclusive. if one with iran's finance minister about just how crippling u.s.-led sanctions have been for his nation. next up, a conversation with paul, the biggest question in the world today is whether to spend or whether to cut. krugman is the leading voice saying stimulate. i'll ask him to defend his views. all that plus superstitions in the race for space. but, first, here's my take. everyone is worried that greece might default on its national debt. that's really not news. by one estimate 180 years since greece gained its independence in 1832 the country has been...

He has an optional 20% flat tax. he keeps the standard deductions. is he making it two complicated to appeal to those who like 9-9-9? >> it is more complicated than herman cain's 9-9-9 for that reason. his attack is that herman cain has a new national sales tax. what rick perry is doing is proposing an enormous tax cut for people at the top. he is also ensuring that nobody gets a tax increase. there are many middle income that would get a tax decrease. nobody has their taxes go up. the deficit implications are pretty vast, although he says he is going to generate economic growth. >> what about...

They needed to see in all likelihood was a total number less than one trillion, $940 billion is certainly close, but that will probably make them more comfortable, also some verified cbo deficit reduction, and at least projections, though the cbo is always cautious about that second decade of any kind of deficit projections because as the office says, it's very difficult to predict with any accuracy 20 years out exactly what the deficit implications of any bill is going can to be, including one of this magnitude, size and scope. nevertheless, james clyburn has been talking hour by hour, day by...

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