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Ceiling fight that potentially we may have. if something big is not done you could have outrage. >> if something isn't done to control the deficit ratios that we are going to face another downgrade down the road. you look at people who are doing the math like moody's, who is nonpartisan. they are out there evaluating the risk of lending people money they say that j.p. morgan is out with a note to call it ten-year mirage. saying down the road it covers 6% of the gap. it doesn't sol tv problem as you explained. >> bret: as always, thank you. >> thank you. >> bret: president obama signs on to som...

Option. it doesn't sol tv problem, it just includes another option because the current system is intact. it means if you want to continue gaming the system on the loophole and deductions that are there, you can do that. our tax offering that puts three rates in place. 8, 14, 23. it phases out corporate welfare and subsidiaries. you can't game the system. three rates, simple and transparent and it broadens the base and leaves us more competitive than we are today. >> you have concerns about the national sales tax, element of 9-9-9? >> everyone likes a national sales tax to some level, to some d...

Option. it doesn't sol tv problem, it just includes another option because the current system is intact. it means if you want to continue gaming the system on the loophole and deductions that are there, you can do that. our tax offering that puts three rates in place. 8, 14, 23. it phases out corporate welfare and subsidiaries. you can't game the system. three rates, simple and transparent and it broadens the base and leaves us more competitive than we are today. >> you have concerns about the national sales tax, element of 9-9-9? >> everyone likes a national sales tax to some level, to some d...