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According to newt gingrich. he wants to socially engineer our government policy so the rich get a bigger break. >> why is it that every time since 1960, since john f. kennedy we have cut tax rates across the board, that the percentage of taxes paid by the rich has increased. jeff knows that. those are just the facts. >> they're making a bundle. thats the argument in society, there's a growing grap between the top and bottom. >> their taxable income went up so they paid more taxes. that's a good thing. this is a key point. >> you make my argument, sir. >> you said this about five times on the s...

Restructures medicare taking the security out of a program that's hugely popular with seniors. it cuts medicaid, food stamps, transportation, also infrastructure programs and all the safety net programs to the poor. it the poor. it reduces the taxes on the wealthiest people from 35% to 25%, and getting rid entirely of the capital gains tax. the ryan plan won't even balance the budget despite all of the shifting breaks to the wealthy until the year 2040. steven moore and jeff sacks, let me ask you gentlemen to take a look here. how is this ryan plan going to succeed in shifting all this fiscal ...

That's all we have. >> we're in a mess. the middle class is getting creamed. they've lost $4,000 of income per family in the last three and a half years under barack obama. what could be worse than the policies? jeff is right, we have a lot of poverty. it's gone way up under barack obama. the best way to help the poor, you know this, is to get them a job. >> thank you. i'm out of time and so are you. thank you very much. when we return, let me finish with mitt romney's spine, and where did it go in just 48 hours? you're watching "hardball," the place for politics.

Let's talk about tax cut for the rich. as you know, chris, this is a 20% across the board reduction. so everybody gets a 20% cut in their taxes. >> that's romney. ryan is for dropping from 35% to 25%. >> i'm talking about the romney/ryan. >> we're talking about ryan. >> that's what -- >> i wish you would take back your krexz because i was talking about ryan. >> here's the point. paul wants to cut the tax rates for everybody -- >> by 10% for the rich. >> let's talk about medicare. >> you lost that fight so you have to change the subject. a radical social engineer according to newt gingrich. he ...

israeli prime minister netanyahu spoke out on monday that the threat and time for dip seu is falling short. barack obama reiterated america's intention to try to avoid military conflict over iran's program and restated diplomatic means of dealing with tehran. iran said it wants nuclear technology solely for peaceful purposes. "world business today" starts right now. good morning. from cnn london, i'm anita desantos. >> and very good afternoon from cnn hong kong. the top stories this tuesday, march the 6th. the world's second biggest cotton producer bans export. india's surprise a...