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Deficit problems? we do. we have to -- >> juan what we need is not higher tax rates. we need higher revenues and how do you get them? higher revenues from and expanding economy. and that is where the big money comes from. >> i.e. paying no taxes for america, come on, you know that is not right, i want to say, i pay all my taxes. >> good man. >> chris: and if there is an irs agent out there... thank you, panel, see you next week, check out panel plus, our group will pick up with this discussion on our web site, foxnewssunday.com and will post the video before noon eastern time, up next our powe...

Deficit problems? we do. we have to -- >> juan what we need is not higher tax rates. we need higher revenues and how do you get them? higher revenues from and expanding economy. and that is where the big money comes from. >> i.e. paying no taxes for america, come on, you know that is not right, i want to say, i pay all my taxes. >> good man. >> chris: and if there is an irs agent out there... thank you, panel, see you next week, check out panel plus, our group will pick up with this discussion on our web site, foxnewssunday.com and will post the video before noon eastern time, up next our powe...

Comes to assessing individual policies. regardless of our differences confirms what we know. the current deficits unacceptbly high and stay on the current course and do nothing, the situation will hurt our recovery and hamstring future growth. it sounds like they're saying, what you're saying, peter, but they somehow came up with a different number. >> the president's never saw a dollar he didn't want to spend twice. they simply don't want to recognize that you cannot raise government spending by 1.1 trillion dollars in four years, when nancy pelosi became speaker of the house, and not have se...

Same period or four times what the president is proposing. and it did it by very aggressive action. not only on the discretionary side, where they suggested more significant savings than what the president has proposed, but also on the entitlement side which is where most of the spending occurs. 60% of federal spending is entitlement spending, only 50% is nondiscretionary. if you're going to fix the deficit problems, you've got to go where the money is, and that's in the entitlement accounts. >> what are some of the viable options that this president, you know -- it's being reported there are ...

We have huge deficit problems, what do you say to that? >> the best way to solve the deficit is create jobs now that means massive investments in our infrastructure. that will pay for itself in the long term, but more importantly we need to define this better. it is simply just not true that all attempts to deal with the deficit are created equal. we've heard a lot from president obama recently in the context of egypt about how self-determination in a democracy is important, the will of the people must govern. guess what? overwhelmingly, rep, and democratic people say no cuts to social securit...