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To do some disclosures as a house member. >> yeah, it's really outrageous. i remember the owner of the utah jazz was getting some farm subsidies. david letterman had some farm subsidies. it really is -- you know, there's sort of no rhyme or reason as a matter of social justice or even public policy. there are all kinds of different farm programs, you know, loan deficiency programs and countercyclical and direct payments. but they're all essentially just ways to shovel money to favor political constituencies. and that's what's going on in here. what's so weird is is that then the mainstream med...

Not just more taxes. >> penny, penny, the sky is falling. alice, just to your point of when asked why the white house is pushing this meeting until friday, a white house official says it is because the senate is voting on thursday on its plan to turn off the sequester so the wheels are already in motion. the official also believes the republicans will filibuster that bill. doug, as we look at the details though of the democratic sequestration plan, it would raise $55 billion in revenue, impose a 30% tax on millionaires and cuts 27.5 billion in defense and farm programs. so the democrats are --...

>> economist worried if we do go off the fiscal cliff, it's now averted strike would have combined for a deadly one-two punch to the u.s. economy. now the overall deal is at 100% signed off on by februar february 6, then we are right back to where we were this morning and again the national retail federation and the florida governor rick scott will be urging president obama to prevent a strike invoking the tap partly act and something not done since president george w. bush did it in 2002. back to you. >> doug: phil keating in miami. the so-called milk cliff that would also kick in to effect t...

The work all right, you did not spend any time at all on christmas day or the day after thinking about the farm bill. if you did, maybe we can be friends, because you and i we get along, we know what is up. the farm bill is a big deal. not just a policy to farmers, but to people who purchase and eat food. particularly if you purchase any dairy products which may skyrocket in price. we're talking $7 milk here, people. which is why you may want to pay attention to tonight's challenge. can we in two minutes or less, explain the farm bill and why it might totally mess up your grocery bill? can we ...

Correct, and it looks like i did the work all right, you did not spend any time at all on christmas day or the day after thinking about the farm bill. if you did, maybe we can be friends, because you and i we get along, we know what is up. the farm bill is a big deal. not just a policy to farmers, but to people who purchase and eat food. particularly if you purchase any dairy products which may skyrocket in price. we're talking $7 milk here, people. which is why you may want to pay attention to tonight's challenge. can we in two minutes or less, explain the farm bill and why it might totally m...